1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elanso [62]
2 years ago
15

3m involves its customers in the process of developing new products. in this way, it can benefit from current customers' insight

s and develop new products that will meet these customers' needs. 3m is pursuing a __________ growth strategy.
Business
2 answers:
maksim [4K]2 years ago
5 0

Answer:

The options for this question are the following:

a. product development

b. diversification

c. product penetration

d. market penetration

e. market development

The correct answer is a. product development

Explanation:

Product development is the name given to a growth strategy where the business goal is to introduce new products in existing markets. This strategy may require the development of new capabilities and it is necessary for the business to produce new products or modify existing ones to meet unmet needs of the current market.

The levers used in this strategy are research and development, product policy and segmentation analysis.

pishuonlain [190]2 years ago
3 0

I guess the correct answer is Product development

3M involves its customers in the process of developing new products. In this way, it can benefit from current customers' insights and develop new products that will meet these customers' needs. 3M is pursuing a Product development growth strategy.

You might be interested in
When a company like Gawker Media finds a potential pool of employees, like the individuals they find posting great comments onli
docker41 [41]

Answer:

b. application form

Explanation:

Based on the scenario being described within the question it can be said that they most likely have these individuals fill out an application form. Like mentioned in the question this is the first step in the pre-screening process in which individuals fill out a form that has all of their basic information, including skills, previous work experience, age, name, id number etc. All information that the employer may need to evaluate their potential for the job that they are hiring for.

4 0
3 years ago
The Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) resulted in implementation of risk contracts, which are arrangement
Sever21 [200]

Answer:

Capitated

Explanation:

Based on the information given the implementation of the risk contracts by TEFRA is to ensure that are medical arrangements are made among providers in order to provide CAPITATED health care services to Medicare beneficiaries.

CAPITATED health care services can be seen as the way in which medical treatment payment are made to the providers of health care service in advance for the sole aim of providing medical services or treatment to patient which are the Medicare beneficiary that have registered and assigned to them for a specific period of time.

6 0
2 years ago
Jasmine Smith owns a condo worth $340,000, a car valued at $27,000, and miscellaneous assets worth $8,500. She owes $189,000 on
Misha Larkins [42]

Answer:

her total assets are $422,000

Explanation:

The computation of the total assets is shown below:

Jasmine Smith's total assets is

= Worth of condo + Value of car + Miscellaneous assets + Mutual fund investment

= $340,000 + $27,000 + $8,500 + $46,500

= $422,000

hence, her total assets are $422,000

We simply applied the above formula so that the correct amount could come

7 0
3 years ago
The contribution margin is determined by subtracting _______.
sineoko [7]

Answer:

c. variable product and variable period cost from sales.

Explanation:

Contribution Margin is obtained by subtracting the total variable costs from the sales. This is also known as direct costing. Deducting fixed expenses from the contribution margin yields profit . Contribution margin is used in various ratios such as the contribution margin ratio and break even sales is also determined by using it sometimes. Contribution margin is a tool for managers as sales figures guide cost figures. The variable cost of goods sold varies directly with sales volume and the influence of production on profit is eliminated.by deducting only the variable product costs and not the variable period costs we get gross contribution margin. After deducting the variable period costs we get the contribution margin.

5 0
2 years ago
Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total
MissTica

Answer:

a. N = 7, I/Y = 4, PV = -37,000

Explanation:

In financial calculator % is already written in the calculator so we have to write only number in calculator.

Option b incorrect because it has included a number with % ( 4% ) sign that we dint do usually in calculator.

Option c is incorrect because it has taken pv as positive

Option d is incorrect because it has written 4% that we don't put in calculator as well as it has inserted positive pv which is also wrong.

7 0
3 years ago
Other questions:
  • Select the items from the following list that are included in financial literacy.
    9·1 answer
  • For the following activity, indicate which of the objectives of managerial accounting activity is involved. In some cases, sever
    7·1 answer
  • 12. Every time Steve chops apples for cooking, they become brown. Which of the following should Steve toss his apples in to prev
    12·2 answers
  • sysyster corp. has an ROE of 16 percent and a payout ratio of 24 percent. what is its sustainable growth rate?
    6·1 answer
  • Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisio
    14·1 answer
  • Windsor Company leased equipment from Costner Company, beginning on December 31, 2019. The lease term is 4 years and requires eq
    8·1 answer
  • Carla Vista Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,480 per month. One of the
    6·1 answer
  • Managerial implications for the SDT theory include: Group of answer choices to motivate high performance for uninteresting jobs
    10·1 answer
  • Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?
    15·1 answer
  • A rational choice is ______. a. made by comparing marginal benefit and marginal cost
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!