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Ksenya-84 [330]
3 years ago
10

Sales for BMW models are often highest in the last model year. By adding versions like a convertible model or features such as a

n upgraded engine or a more sophisticated suspension system, what is BMW striving to accomplish?a) Harvest the product lineb) Catch a rising trendc) Invert the product life cycled) Lengthen the product life cyclee) Shorten the product life cycle
Business
1 answer:
dimaraw [331]3 years ago
8 0

Answer:

The correct option is (d)

Explanation:

Products have a cycle starting from introduction, growth, maturity and decline. This is called product life cycle. Considerable investment is required at introduction stage. Once the product is profitable, it enters growth stage and at maturity, it is at the most profitable stage. A product reaches decline stage as competitors step in and better products are made available in the market.

By adding features to its models, BMW is trying to lengthen its product life cycle so as to avoid the product's entry to decline stage soon.

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A lease calls for a minimum rent of $2800 per month plus 4% of annual gross sales in excess of $500,000. What is the annual rent
bonufazy [111]

Answer:

The annual rent is $42,620

Explanation:

The computation of annual rent is shown below:

= Annual rent + (rate × gross sales)

where,

The annual rent is

= Monthly rent × total number of months in a year

= $2,800 × 12

= $33,600

The rate is 4%

The excess gross sales is computed by

= Annual gross sales - gross sales

= $725,500 - $500,000

= $225,500

Now put these values to the above formula

So, the answer would be equal to

= $33,600 + (4% × $225,500)

= $33,600 + $9,020

= $42,620

Hence, the annual rent is $42,620

8 0
3 years ago
Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales
mote1985 [20]

Answer:

The correct answer is letter "C": Common- size income statement.

Explanation:

A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.

8 0
3 years ago
An oligopoly market structure is distinguished by several characteristics, one of which is mutual interdependence. What are some
anyanavicka [17]

<u>Answer</u>:

An oligopoly market structure is distinguished by several characteristics, one of which is mutual interdependence. There is some other characteristics of this market structure which is as follows:

C: Market control by a few large firms

<u>Explanation</u>:

“Oligopoly” is a market structure in which only some sellers offer similar or identical products. This means only small group of companies are dominating one specific segment of the market. In case any new company tries to enter the same segment, it is difficult for it get established as there are certain barriers created by the existing companies of that segment.  

So, option A is incorrect as it says, “either identical or differentiated products” as the characteristic. Option B is also not correct as it says, “Market control by many small firms” and option D says “No Entry” which is also incorrect.

7 0
3 years ago
I need help on Personal Finance.
nikklg [1K]
Current market conditions
3 0
3 years ago
Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpo
lord [1]

The purpose for holding money in economic in classified into:

  • transactional motive
  • precautionary motive
  • speculative motive

<h3>The Drop-downs includes:</h3>
  • When price levels rise, people hold onto cash. - Speculative motive

  • When interest rates are low, people forgo interest income - Speculative motive

  • When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.

  • When interest rates are low, people speculate that they will soon increase - Speculative motive

  • Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive

  • Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive

  • Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive

  • Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive

Read more about holding motives

<em>brainly.com/question/16287958</em>

#SPJ1

7 0
2 years ago
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