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IRISSAK [1]
3 years ago
14

Quitman Enterprises sells its business language dictionary to college students throughout the United States. Joseph Quitman, the

owner, wants to start selling the book to international students abroad. Quitman wants to pursue a ________ growth strategy.
A. diversificationB. product developmentC. product proliferationD. market penetrationE. market development
Business
1 answer:
padilas [110]3 years ago
7 0

Answer:

The answer is: E) Market development strategy

Explanation:

A market development strategy involves selling your current products in new markets.

In this case, Quitman Enterprises will sell their language dictionary (current product) to international students abroad (new market).

They will seek to expand their potential market through new users of the same product.

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velikii [3]
First to get the answer your self all you need to do is divide 7 in to how many hours then boom you got the answer
3 0
3 years ago
Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
Snezhnost [94]

Answer:

5%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

5 0
3 years ago
Provided other eligibility requirements are met, who is eligible for Medicare?
alexandr1967 [171]

Answer:

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5 0
3 years ago
Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own
BabaBlast [244]

Answer:

Planning

Explanation:

Planning can be defined as what is needed and required to achieve a desired goal because PLANNING is the first and foremost activity often needed to achieve a desired goal or results reason been that PLANNING involves the creation as well as the maintenance of a plan and it helps to achieve objectives which is why every organization or company always has certain objectives in which they keep on working hard to fulfill these goals and objectives which in turn helps the organization to achieve their aims.

Therefore based on the information given about Manilla water the development, maintenance, and allocation of resources to achieve its goal will require PLANNING.

5 0
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the term service economy is used to describe the trend in which business have shifted from primary production and manufacturing
Aleks [24]

Answer:

Yes. It is true. the shifting from manufacture to services is the idea implicit in the term "service economy"

Explanation:

The constant grow of services in the industrialization process lead to the creation of this economy.

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