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VLD [36.1K]
3 years ago
9

Smart Talk develops a smartphone with a state-of-the-art camera, allowing customers to use their phones as their main photo and

video device. This smartphone is currently experiencing the declining sales curve and declining profits that are characteristic of the maturity stage. What is a reason for this decline in sales and profits?
Business
1 answer:
charle [14.2K]3 years ago
5 0

Answer: Severe competition

Explanation:

Smartphone emergence in the market for mobile devices represent the fastest growing market segment that is in the telecommunication industry. Ambitious of people own a smartphone which they use in taking pictures, surfing the net and connecting with people all over the world.

Smart Talk's declining sales and profit is due to the competition that exists on the smartphone industry. The competition in the market is quite harsh among incumbents and new entrants. Companies such as Nokia, Samsung, Apple stand above the others do it's not easy for a new company to displace them.

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You are hired as a consultant for a local restaurant. It is considering whether to close at​ 9:00 p.m., stay open an extra hour​
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Answer:

$40

Explanation:

Profit made is the difference between revenue earned and cost incurred by an entity.

Marginal profit is thus a difference between the additional sales during the added time and the additional cost incurred.

As such, for the local restaurant;

Profit earned during the last hour given that for each additional hour is ​$404 and the additional revenue​ (the marginal​ revenue) during the last hour is ​$444​

= $444 - $404

= $40

8 0
3 years ago
Wassamatta University is considering resigning its minimum qualifications for professors from possessing a master's degree to po
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Answer:

c. shift the supply curve of professors to the left ceteris paribus

Explanation:

Labour Supply curve shows the labour hours,  employees or workers are willing & able to supply, at given wage rates during a period of time.

The curve is upward sloping due to positive relationship between wage rates & labour. As more labour is supplied at higher wage rate, less labour is supplied at lower wage rates.

Change in any other factor other than wages, changes (shifts) the supply curve. Factor increasing labour supply shifts the supply curve rightwards. Factor decreasing labour supply shifts the supply curve leftwards.

The case given : as increase in the minimum qualifying eligibility for the job, decreases the number of people who are 'able' to supply labour as per the criteria. So, it decreases labour supply & shifts the curve leftwards.

8 0
3 years ago
Burglar Bob breaks into Vince Victim’s house. Bob steals a flat-screen television and laptop and does a significant amount of da
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Answer:

The answers are:

  1. Vince Victim´s lawyer
  2. Burglar Bob will have to pay a monetary compensation.
  3. The District Attorney
  4. Burglar Bob will have to spend some time in jail.

Explanation:

Vince Victim´s lawyer is responsible for bringing the civil case against Burglar Bob. If Vince wins, then Burglar Bob will probably have to pay a certain amount of money to Vince Victim in compensation for the damages he caused.

The District Attorney´s office is responsible for bringing the criminal case against Burglar Bob. If the jury finds Burglar Bob guilty then he will probably spend some time in jail.  

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What factors underlay the decision by Volkswagen to invest directly in automobile production in Russia? Why was FDI preferable t
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Answer: Volkswagen invested in Russia because Russia’s economy was growing rapidly and living standards were rising while the level of car ownership was still low. This made Volkswagen believe that the demand for cars would grow quickly.

FDI was preferable because Volkswagen’s competitors were also investing in production facilities in Russia, so they felt that they needed to invest directly to be on the same levels as their rivals.

4 0
3 years ago
Broadbanding eliminates layers in pay grades requiring organizations to find other ways to reward employees. Group startsTrue or
AlekseyPX

Broad banding eliminates layers in pay grades requiring organizations to find other ways to reward employees. False

  • A technique called "broad banding" replaces a large number of small wage ranges with a smaller number of larger compensation ranges when evaluating and building a job grading structure. Establishing what is necessary to pay for a certain position with help from broad banding.
  • Payroll departments employ broadband for human resource management. When deciding how much to pay specific roles and the incumbents in those positions, a job grading structure known as "broadcasting" lies somewhere between using spot salaries and several job grades. Broad banding does provide some broad job classifications to the business that uses it, but it does not have as many discrete job grades as do traditional compensation systems.

Thus this is the answer.

To learn more about HR, refer:brainly.com/question/24623157

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6 0
2 years ago
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