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stealth61 [152]
3 years ago
9

Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles e

xceeded customer demand, he realized that he would have to invest more money in advertising his products and go directly to his customers to convince them to purchase his products. Based on this scenario, Michael has most likely adopted the ________ orientation.
Business
1 answer:
Alexandra [31]3 years ago
5 0

Answer:

sales

Explanation:

Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.

You might be interested in
If the risks of starting a new business are deemed too high by an individual, he/she might choose to stay withhis/her current co
Sedaia [141]

Answer:

The correct option is A, intrapreneurship

Explanation:

Intrapreneurship implies imbibing the spirit of ownership of a business undertaking by the employee.

The employees who are intrapreneurs see themselves as the owners of the company when taking decisions that border on the businesses of the company.

Such ownership spirit makes them go the extra mile to accomplish their targets as if their whole life is completely dependent on the survival of the company

6 0
3 years ago
Charter Communications is seeking to purchase and bring together Time Warner Cable and Bright House Networks, creating a company
Lena [83]

Answer:

economies of scale

Explanation:

Economies of scale is defined as the cost advantage that a company gets to enjoy by producing on a large scale. The unit cost of a product is low as the company produces larger amount.

Also economies of scale occurs when a company is able to purchase inputs at a lower cost per unit when they are purchasing in large amounts.

Charter Communications is seeking to purchase and bring together Time Warner Cable and Bright House Networks, creating a company that will serve a collective 18.8 million Internet broadband subscribers and 17 million TV subscribers. Charter has specifically cited a desire to have greater bargaining power in negotiating with channel owners like Disney.

This creates economies of scale by improving their bargaining power when negotiating. They will be able to get input at a lower cost.

6 0
4 years ago
According to finance theory, firms should attempt to maximize the_______-of the firm’s common stock. The benefit to this objec
Firlakuza [10]

Answer:

According to finance theory, firms should attempt to maximize the <u>long term price </u>of the firm's common stock. The benefit to this objective is that it provides the best financial outcome for the firm's shareholders .

Explanation:

Finance theory distinguishes between profit maximization and wealth maximization.

Profit maximization is considered to be a narrow concept as it is only concerned of activities by which a company can maximize it's gains at any cost.

Wealth maximization takes into account taking care of the interests of stakeholders which include a company's shareholders. When emphasis is laid upon wealth maximization of shareholders, profits are automatically taken care of.

Shareholder's wealth maximization is one of the aims of financial management as it's a broader concept.

7 0
4 years ago
In Whitehall II, workers in lower employment grades had higher ___________ levels, beginning in the morning and continuing throu
Monica [59]

Answer:

<u>cortisol.</u>

Explanation:

Whitehall II studies aimed to investigate the social determinants of health, such as the mortality rate and the presence of cardiovascular diseases among British officials.

So it was found by that study that workers with low employment levels had higher cortisol levels, starting in the morning and continuing until the end of the day.

Cortisol is a hormone produced by the adrenal glands that has the function of helping the body to control stress, keep blood pressure under control, increase immunity and reduce inflammation. Therefore, from the presence of the workers' cortisol analysis, it was found that stress was related to poor sleep and work experiences.

3 0
4 years ago
Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Manuel purchas
Zina [86]

Answer:

The correct answers are:

A) Investment

B) Saving

C) Investment

D) Saving

Explanation:

In macroeconomics, investments are acquisitions spent whether on durable goods, services or both. While savings are the assets accrued after a part of it has been spent on primary goods, services o both. In the two cases, future benefits are expected.

In that sense:

A) <em>Manuel purchases a new condominium in Miami. </em>

This is an <em>investment</em> since the property is considered a durable good.

B) <em>Poornima purchases stock in Goohoo, an information technology company. </em>

This is a <em>saving </em>since stocks are intangibles.

C) <em>Kate purchases new ovens for her cupcake-baking business. </em>

This is an <em>investment</em>. The new ovens are durable goods.

D) <em>Hubert buys a government bond.</em>

This is a <em>saving </em>since bonds as well as stocks are intangibles.

6 0
4 years ago
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