This is an example of "trade diversion".
Exchange redirection is a monetary term identified with global economic aspects in which exchange is occupied from a more productive exporter towards a less proficient one by the arrangement of free trade agreement. In a international trade circumstance, a business that can offer a lower cost item for importation into a specific nation has a tendency to make an exchange redirection far from another importer or nearby makers whose costs are higher for a comparative item.
Answer:
Strategic renewal
Explanation:
<u>Strategic renewal
</u> includes the process, content, and outcome of refreshment or replacement of attributes that have the potential to substantially affect its long-term prospects in a company. It is also the process of change and the outcome of adjustment in strategic direction that has the vital potential to determine the long-term competitiveness of a company in its industry
Answer:
publicity
Explanation:
Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth. An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.
Publicity messages are not paid for, unlike advertising. In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.
Answer: A. the company will be willing to pay a different amount for this resource.
Explanation:
The upper limit for the resource was 18 and anything up to 18 would have attracted the same shadow price (price company estimated it was willing to pay for access to this resource).
The access was increased past this limit however to 18.01. The company therefore will now have more access to the resource and so will be willing to pay a different amount for the resource.
Answer and Explanation:
Deferred revenue refers to payment received before the service or goods are delivered. Consider a subscription service that provide annual subscription such as Netflix. You may take the subscription through annual or monthly payment system. In case of annual payment system you have paid for 12 months but are currently on month 1. As a result, the 11 other months’ payment is considered as deferred revenue for Netflix.
Businesses such as this (Netflix) who sell annual subscription will have significant deferred revenue. The current Netflix subscription charges are $10.99 per month (lowest tier). In case of annual subscriptions they will likely have 11 months of deferred revenue or 11*10.99 = $120.89 as deferred revenue. Their total revenue per customer (in the lowest tier) will be $131.88. This makes their deferred revenue as 91.67% of their revenue.
