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3241004551 [841]
3 years ago
12

A firm that is first to the market with a new product frequently discovers that there are design flaws or problems with the prod

uct that were not anticipated. For​ example, the ballpoint pens made by the Reynolds International Pen Company often leaked. What effect do these problems have on the innovating​ firm, and how do these unexpected problems open up possibilities for other firms to enter the​ market?
Business
1 answer:
Leviafan [203]3 years ago
4 0

Answer: The sales and image of the innovating firm might decline in the market.

Explanation: As only the innovating firm will have the option to sell the product in the market, customers will judge the whole firm on the basis of that product, the overall research done by the innovating firm will result in loss of money and time. On the other hand other firms can use the research done by the innovating firm and can analyze the problem that sustains in the model and just by correcting the flaws detected they will be able to capture a substantial amount of market share in a very small span of time.

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Ruben is the chief executive officer of a multinational corporation. He manages 15 teams, and the leaders of each team report to
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Answer:

D) bureaucratic control

Explanation:

It seems that in this scenario, Ruben is using bureaucratic control. This term refers to the use of various different rules, policies, authority, documentation, reward systems, and even other formal methods in order to convince and control employee behavior and performance. Which is what Ruben does with his teams of employees by rewarding them if they perform well and taking away their earned leaves if they perform badly.

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3 years ago
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4 0
3 years ago
Which of the following actions is likely to have the lowest initial cost in terms of its impact on other parts of the organizati
klemol [59]

Answer:

Option 2, laying off some workforce will have the lowest initial cost.

Explanation:

In option 1 if an organization is going to replace existing equipment with the new machines there is a definitely high cost involved in it because we do know that modern and newer machines costs more.

In option 3, if we go for lower-grade quality, we may face lost sales, or sales return which will add up to our cost.

However, if we go for option 2. there is no upfront cost involved in this decision but rather our cost is saved.

Thus the organization must opt for the 2nd option in order to find the lowest initial cost.

3 0
3 years ago
Providing good customer service in a distribution channel includes keeping promises, handling goods with care, and _____.
Ghella [55]
Paying attention to details
6 0
3 years ago
Caroline is an artist. She purchases canvas, paints, brushes, and accessories for $75. She sells one of her original paintings t
ipn [44]

Answer:

1.425 dollars of value added

Explanation:

The value of the painting added by Caroline is between the $75 dollar of raw materials and the $1,500 which is the amount at which she sold the canvas in the art gallery.

If, over the course of time the canvas market value increase this will not change the value added by Caroline.

1,500 - 75 = 1.425 dollars

3 0
4 years ago
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