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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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Effectiveness means:
Usimov [2.4K]

Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.

<h3>What is effectiveness?</h3>

When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.

Hence, option B holds true regarding effectiveness.

Learn more about effectiveness here:

brainly.com/question/24230098

#SPJ1

7 0
2 years ago
For a honda accord, some factors shift demand left and others shift it right, as shown. classify each factor by how it shifts th
djverab [1.8K]

These are the factors by how it shifts the current demand curve to a new position:

Shifts left

- 2% rebate on a Toyota Camry, a substitute good  

- Big sale coming in three months  

Shifts right

- Free brake inspections

- Consumers' income increases by 10%

7 0
3 years ago
Beth needs a new roof. She finds Clancy, a roofing contractor, through an ad he posted in the local newspaper. Clancy paid $60 t
BARSIC [14]

Answer:

The transaction costs associated with this exchange are $155

Explanation:

The computation of the transaction cost which is associated with this exchange is shown below:

= Ad charges in the newspaper + law firm write up charges

= $60 + $95

= $155

It includes various cost like - transportation cost, legal fees, communication charges, etc.

The installation of Beth's new roof is not considered in the computation part because it is not an exchange transaction cost. So, this cost is ignored.

6 0
3 years ago
Amanda's Interior Design has credit sales of $783,000, costs of goods sold of $418,000, and average accounts receivable of $107,
posledela

Answer:

The 50.30 days are required to take its credit customers to pay for their purchases.

Explanation:

For computing the average collection period, we have to use the formula of the average collection period.

Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year

= $107,900 ÷ $783,000 × 365

= 0.13780 × 365

= 50.30 days

We assume 365 days in a year

The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.

Hence, 50.30 days are required to take its credit customers to pay for their purchases.

5 0
3 years ago
Which of the following actions helps a company find the game plan for​ long-run survival and growth that makes the most sense gi
Papessa [141]

Answer: (D) Strategic planning

Explanation:

  The strategic planning is one of the business documenting process in which the various types of directions and suggestions are given to the small organization or the business.

The main objective of the strategic planning is that it helps in establishing the the actual direction to the companies for the long term goals and also helps in making various types of decisions.

According to the given question, the strategic planning is one of the type of action which is specifically taken by an organization that helps the growth o the company.  

 Therefore,  Option (D) is correct answer.  

 

4 0
3 years ago
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