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In-s [12.5K]
3 years ago
5

Julio is devising a marketing plan for introducing his company's products into a new market. julio comes up with customized mark

eting strategies that cater to the unique needs of the new market. all his decisions involve risk and uncertainty as he is unaware of the conditions in the new market. the type of decision being made by julio in the above situation is called a _____ decision.
Business
1 answer:
marissa [1.9K]3 years ago
5 0

Julio is devising a marketing plan for introducing his company's products into a new market. Julio comes up with customized marketing strategies that cater to the unique needs of the new market. all his decisions involve risk and uncertainty as he is unaware of the conditions in the new market. The type of decision being made by Julio in the above situation is called a non-programmed decision. Non-programmed decision deals with risk and uncertainty. It is also complex and unstructured.

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Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.
marishachu [46]

Answer:

  • Carlos has $2,500 in a savings account. - M2
  • Deborah has $9,000 in a six-month certificate of deposit (CD). - M2
  • Van has a roll of quarters that he just withdrew from the bank to do laundry. - M1, M2

Explanation:

M1 and M2 are symbols that represent, in economics, the means of payment. M1 refers to a set of banknotes and coins that are held by the public and are deposited in a banking system, which holds them for a certain time, referring to a monetary base, for example: Carlos has $ 2,500 in a savings account, and, Van has a roll of quarters that he just withrew from the bank to do laundry.

M2 on the other hand, houses the concept shown in M1, but it also houses a concept related to the total deposits made in a bank, which are within a time limit. M2 includes the issuance of bank certificates and government bonds. Some examples are: Deborah has $ 9,000 in a six-month certificate of deposit (CD), and, Van has a roll of quarters that he just withrew from the bank to do laundry.

3 0
4 years ago
What can a manager improve by utilizing the information captured in recent incident reports?
gladu [14]

I believe the answer is: house policies

House policies refers to the set of principles that the managers implemented as a basis for the strategies that they would make in the future.

Recent incident reports would usually filled with information regarding the productivity and defects of the plan that currently carried out. from this, the managers could formulate the necessary adjustments which ensure that the organization is still on track.

4 0
3 years ago
A clothing company is planning an event in which it will provide clothes to homeless children in countries where the company has
inn [45]

Public relations advertising

8 0
2 years ago
Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison betwee
Elina [12.6K]

Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?

The correct answer is Data Steward

<h3>Why is MIS becoming so important to businesses?</h3>

The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.

The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.

Learn more about the MIS department and the business here

brainly.com/question/12386219

#SPJ2

8 0
2 years ago
Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
Likurg_2 [28]

Answer:

determining the final price

Explanation:

In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.

So he is promoting a higher quality of legal representation compared to other firms.

The next step in his pricing strategy will be to set the final price he wants to.offer his services.

This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.

6 0
3 years ago
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