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Alona [7]
3 years ago
14

are the two ways firms can obtain new products. A. New product development and existing product modification B. Acquisitions and

new product development C. New product development and external research and development D. Mergers and acquisitions E. Acquisitions and external research and development
Business
2 answers:
Stels [109]3 years ago
6 0

Answer:

B. Acquisitions and new product development.

Explanation:

Companies can obtain new products when they acquire other companies. In the process of acquiring another business outfit or organization, a company can obtain new products.

Consider a situation where Toyota acquires the company that manufactures Mercedes; in this case Toyota would also acquire the products that Toyota are known for to their range of products too simply by buying the company - Mercedes.

Again, a company can obtain new products during product development. In this case, a company that was producing a particular product or is known for the production of certain products can also decide to start developing and producing new products.

This is certainly not the same as product modification where organizations simply modify the products that they were formerly producing to enhance customer satisfaction. In new product development, companies start afresh to make or manufacture new products that they weren't formerly known for producing.

balu736 [363]3 years ago
4 0

Answer:

B. Acquisitions and new product development

Explanation:

Firm obtains new products in 2 ways:

*Acquisition- Here, company buys a whole company, a patent, or a license to produce someone else's product.

*New product development:

Firms create a new product with product improvements, through Research and Development. This new product is a key source of growth to firms or companies and it also creates new solutions for customer's lives.

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Given a fixed level of sales and a constant profit margin, an increase in the accounts payable period can result from: an increa
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an increase in the ending accounts payable balance.

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2 years ago
Linda loves buying shoes and going out to dance. Her utility function for pairs of​ shoes, S, and the number of times she goes d
padilas [110]

Answer:

See Explanation

Explanation:

Given

U(S,T) = 2ST

M_U_S =2T

M_U_T=2S

The following details are omitted from the question

P_S= \$50 --- Price of the Shoes

P_T = \$50 --- Spent on dancing

B = \$500 --- Budget on shoe and dancing

Solving (a): Her budget line

First, we determine her budget equation (B).

This is calculated by:

B = P_S * S + P_T *T

This gives:

500 = 50 * S + 50 * T

500 = 50 S + 50 T

Divide through by 50

10 =S + T

S + T = 10 --- The budget equation

<em>See attachment for the budget line equation</em>

Solving (a): Optimal Consumption Bundle Point

First, we determine the marginal rate of substitution (MRS) using:

MRS = \frac{MU_s}{MU_t} = 1

MRS = \frac{2S}{2T} =1

This implies that:

\frac{2S}{2T} = 1

Cross Multiply

2S = 2T * 1

2S = 2T

Divide by 2

S = T

Substitute T for S in the budget equation

T + T= 10

2T = 10

T=5

Recall that:

S = T

S = 5

So, the point if optimal consumption bundle is (5,5)

<em>See attachment for point R</em>

5 0
3 years ago
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