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Tju [1.3M]
3 years ago
7

Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electron

ic or hybrid automobile. Also, this vehicle was less expensive than the vehicles of competitors. On the downside, it required more repairs than the competition's automobiles. However, the technology of the Futura vehicle improved rapidly, thereby improving its repair record. This example describes:
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0

Answer:

Disruptive innovation.

Explanation:

Disruptive innovation is one that creates the way a market operates, that is it creates a new market and disrupts the old one. Existing firms and products are displaced.

In this instance when Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electronic or hybrid automobile, it introduced a product that will cause disruptions in the current automobile industry.

Although there was challenges of frequent repairs, this was eventually resolved.

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A line which has a slope of O is<br> O A. undefined<br> B. horizontal<br> C. Zero<br> D. vertical
ANEK [815]
It can be Undefined or Zero
8 0
2 years ago
provides information to coordinate all of the business processes that deal with customers in sales, marketing, and service to op
AysviL [449]

Answer:

Customer Relationship Management (CRM)

Explanation:

The customer relationship management deals with managing the relationship with the customers so that the company satisfies its customer to a large extent. The motive of CRM is to gain maximum customer satisfaction so that it can retain its customers for longer time. It can be done in the following ways

1. Deliver the goods at pre-decided time and location

2. Providing them excellent services and offering them great discounts so that the company can achieve its sales target which helps the company to achieve its goals in a specified time period.

6 0
3 years ago
The balance sheet for Ronlad Corporation reported 184,000 shares outstanding, 274,000 shares authorized, and 10,000 shares in tr
Travka [436]

Answer:

284,000 shares

Explanation:

The calculation of the issued shares is shown below:

= Outstanding shares + treasury stock

= 274,000 shares + 10,000 shares ]

= 284,000 shares

Simply we added the outstanding shares and the treasury stock so that the correct amount can come.

It shows a combination of the outstanding shares and the treasury stock and we did the same

5 0
3 years ago
Complete the diagram of the Circular Flow of the Economy. Some answers are listed twice on purpose.
ladessa [460]

The Circular Flow Model aims to show how different sectors in the economy interact.

  • Households ⇒<u> </u><u>Labor </u>⇒ Resource / Factor Market
  • Households ←<u> Wages / Salaries</u><u> </u>→ Resource / Factor Market

Households provide labor to the resource market and in exchange, they are paid a salary.

  • Resource / Factor Market → <u>Labor </u>→ Firms / Business
  • Resource / Factor Market ← <u>Spending </u>← Firms / Business

The labor that households provide the resource market is employed by companies to produce goods and services. They then spend on paying wages for the labor they receive.

  • Firms / Business → <u>Products </u>→ Product Market
  • Firms / Business ← <u>Revenue </u>← Product Market

The firms will then sell the goods and services produced to the product market where they will earn a revenue for selling them.

  • Product Market → <u>Products </u>→ Households
  • Product Market ← <u>Income </u>← Households

Households will go to the product market to buy goods and services. They will then use the income they earned from the companies to buy these goods and services.

In conclusion, the economy interacts in such a way that every sector is connected.

<em>Find out more at brainly.com/question/11324259.</em>

4 0
3 years ago
Government plays a role in all economic systems.<br> a<br> True<br> b<br> False
vaieri [72.5K]

Based on different economic system analyses, it is <u>true</u> that government plays a role in all economic systems.

<h3>How does Government play a role?</h3>

Generally, whether capitalist economic system socialist economic system, the government still plays a role.

For example, in the capitalist economic system, government plays the role of regulatory and complementary responsibilities.

While in a socialist economic system, the government takes more comprehensive roles such as production and distribution.

Hence, in this case, it is concluded that the correct answer is "True."

Learn more about the government role in the economy here: brainly.com/question/8887192

3 0
2 years ago
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