Answer: Radically Innovative change.
Explanation: Beam Satellite Network is implementing a radically innovative change in their business strategy.
A radically innovative change involves applying new procedures, techniques and technology into a business to beat other existing businesses that are similar.
Answer:
B) other firms can enter the market.
Explanation:
In a monopolistically competitive market, there are lots of suppliers that offer differentiated products to lots of consumers, e.g. restaurants. In a monopolistic market, only one supplier exists.
In a monopolistically competitive market the barriers of entry are low, and other competitors can continually enter the market, while it is very difficult for other competitors to enter a monopolist's market.
Explanation:
A manager has to perform functions like planning, organizing, staffing, directing and controlling. All these functions are essential for running an organization smoothly and achieving enterprise objectives. Planning is required for setting goals and establishing strategies for coordinating activities.
The external environment
Customers, competition, economy, technology, political and social conditions, and resources are common external factors that influence the organization. ... As such, it is necessary that managers continue to monitor and adapt to the external environment.
The formula for discounted payback period is DPP = -ln (1 –
Id/C) / ln (1+d), wherein I is the initial investment, d is the discount rate,
and C is the cash flow. Substituting values, DPP = - ln(1-((0.12)($100)/$27)) /
ln(1+0.12). Therefore, DDP is equal to 5.19 years.
Answer:
effective way to revise for Business. ...
Mind Maps. Mind maps allow you to organise information better visually, through the use of branches and sub-branches. ...
The right environment. ...
Study buddy. ...