1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mrs_skeptik [129]
3 years ago
6

In the summer of 1998, Dr. Rumelt, a professor and consultant, got an opportunity to talk with Steve Jobs about strategy. Rumelt

argued that everything we know about the PC business says that Apple cannot really push beyond a small niche position. The network effects are just too strong to upset the PC standard. He then asked for Jobs’ strategy. Jobs said, "I am going to wait for the next big thing." Nearly twenty years later, Apple is the most valuable publicly traded company in the world. This story shows that in the context of strategy, the tech market is ________.
Business
1 answer:
Lubov Fominskaja [6]3 years ago
5 0

Answer:

The tech market is dynamic

Explanation:

The reason is that at that time the tech solutions were not highly demanded because of the lower number of users at that time which means that the riskiness of tech investment was high and till today. That's the reason why tech companies are the highly valued organizations of the world. The world is changing all because of the fact the tech is revolutionizing the industry and the consumer choices. The higher risk of tech companies is because the newer technology gets in the market so fast that the company's product may be rejected in the way that its decrease in product sale will sufficiently increase the losses which we can't assume. Just take a look at Dell, Konika, or other tech companies. These companies were most valued companies in the world and today these are loss making engines. So the answer is correct the tech market is dynamic market because the tech inventions can change the tech market anytime.

You might be interested in
GroundSwell Pools, Inc., agrees to build a swimming pool for Francis, but fails to complete the job. Francis hires EquiAqua, Inc
Nezavi [6.7K]

Answer:

Option A. The costs needed to complete construction

Explanation:

The reason is that the harm that the Francis beared due to the unableness of the company GroundSwell to complete the construction of the swimming pool is the cost needed to complete the construction because it is the price that the company GroundSwell must pay to EquiAqua Inc. to complete the construction. So this amount required for the completion of the construction is the actual harm to Francis and is also claimable.

8 0
3 years ago
Which term is used when businesses do not maximise output from given inputs ?​
Sergio [31]

Answer:

What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.

4 0
3 years ago
Under which conditions, according to the Porter five-forces model, can a supplier group gain power?
Tasya [4]

Answer:

b. When there is a lack of importance of the buyer to the supplier group

Explanation:

According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.

Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.

This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.

If however buyer is more important to the supplier it means they can control price and quality of inputs

8 0
3 years ago
A customer has total assets of $436,000 and total liabilities of $314,000. The customer has just signed a contract to buy a new
natta225 [31]

Answer:

$122,000

Explanation:

Net worth refers to total assets minus total liabilities.

Therefore, the net worth of this customer can be calculated as follows:

Assets = Existing assets + A new car - Withdraw from existing checking account = $436,000 + $35,000 - $5,000 = $466,000

Liabilities = Existing liabilities + Borrowing from auto fiance company =  $314,000 + $30,000 = $344,000

Net worth = Assets - Liabilities = $466,000 - $344,000 = $122,000.

8 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
Sphinxa [80]

Answer:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate =  10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 × \frac{365}{12}

number of day = 91.25 days

loan rate = \frac{0.10}{365}

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount × (1+r)^{t}      

final loan amount = $18000  × (1+0.00027397)^{91.25}  

final loan amount = $18,455.86

so correct option is c. $18,455.86

7 0
3 years ago
Other questions:
  • Must a copyright symbol be displayed to protect the copyright?
    11·1 answer
  • Suppose the government has imposed a price ceiling on sale of laptop computers. Which of the following events could transform th
    10·1 answer
  • The following information was reported in the December 31, 2012, financial statements of Southeast Airlines, Inc. (listed alphab
    15·1 answer
  • Corporate structure may be defined as
    14·1 answer
  • Rankings in a search engine, such as Google or Bing, may determine the desirability of a product. In this form of marketing, a c
    6·1 answer
  • Consumers might not realize that old spice health and wellness products and iams pet nutrition products are made by the same com
    15·1 answer
  • Are outstanding credit card balances counted as part of the money supply?
    7·1 answer
  • The total cost of direct materials, direct labor, and factory overhead transferred from the Work-in-Process Inventory account to
    6·1 answer
  • a manfucturing firm is considering two locations for a plant to producr a new product. Location A has a foxed cost of 80,000 and
    14·1 answer
  • Match the different account heads to the two aspects of business.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!