Profit is the reward for risk taking in business so
The dividends encourage the people to buy shares in the company as they would receive a share of the profits made by business they invested in.
How much profit they'll make.
And if the company has a good potential and reputation.
Answer:
The correct answer is A. replace an existing product group
Explanation:
Greta can find in the replacement of products a greater added value from innovation and consumption. In addition, it helps to raise awareness of consumption and the needs to be met.
The replacement of products by services inspires an important transformation towards a culture of sustainability throughout the value chain. It is a strategy that leverages market forces as a source of society's change.
Marginal revenue is defined as the amount that you gained after selling all your units at a certain price. Revenue is different from profit, because profit has to incorporate the expenses incurred in order to produce the product. For total revenue, that would just represent the total sales of a firm or company. However, marginal revenue is the additional cost a consumer has to pay when he acquires an additional unit of the product. Thus, marginal revenue is the change of sales per unit product.
Marginal Revenue = ΔRevenue/ΔNumber of units
Marginal Revenue = [21($9.75) - 20($10)]/(21-20)
Marginal Revenue = $4.75 per unit
D. department
The vice president of marketing develops the department-level strategy.
Answer: standing plan
Explanation:
Standing plan is used over a long period of time and is altered as situations change. It also helps in bringing about harmony and consistency to the company.
The plan usually contains goals, policies, methods, dos and don'ts which are otherwise known as rules and strategies of a company.
This plan benefits the managers as it covers the problems they face frequently.
