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
Over [174]
3 years ago
12

H&R is a small, local heating and air conditioning business. The local military base is a potential source of growth, and H&

amp;R already installs and services the type of equipment the military would require, but it is difficult to get established as a certified government contractor. H&R is considering a ________ growth strategy
Business
1 answer:
Lapatulllka [165]3 years ago
6 0

Answer:

Market development

Explanation:

Market development can be defined as a growth strategy in which an organisation decides to sell off their existing goods to a new set of potential buyers. Market development helps to improve the capability of the market by moving into different unexplored part of the market.

The first step of market development is the creation of a good promotion approach. Organizations have to look for different advertising strategies which will be used to introduce their products into the new market so as to achieve rapid sales of the product.

H&R is considering a market development growth strategy so as to tap into new market segments.

You might be interested in
Which of the following represents an increase in living standards over the past century? Check all that apply. Increased human a
pashok25 [27]

Answer:

Medical breakthroughs enable people to enjoy better healthcare nowadays.

Explanation:

An increase in living standard means that the lives of people are better off.

Advances in medicine have made it possible to find cure to various diseases. This improves standard of living.

Increased pollution of air and water and decline of dollar value have negative effects on living standard.

Pollution affects human health negatively and can cause diseases which negatively affect standard of living. Also, pollution can cause floods and other environmental disasters. Floods can displace people from their homes and this affects standard of living negatively.

Decrease in dollar value has made items more expensive.

I hope my answer helps you

7 0
3 years ago
Assume that the following events occurred at a division of Generic Electric for March of the current year:
Crank

Answer:

$192 million; $153.60 million; $38.40 million

Explanation:

Given that,

Direct material purchased = $80 million

Direct labor costs = $51 million

Manufacturing overhead = $77 million

Percent of the work-in-process completed = 80%

(1) Transfers-In:

= Direct materials + Direct labor costs + Manufacturing overhead

= (80% × $80 million) + $51 million + $77 million

= $64 million + $51 million + $77 million

= $192 million

(2) Transfer-out:

= Transfers-In × percent of the work-in-process completed

= $ 192 million × 80 %

= $ 153.60 million

(3) Ending Balance:

= Transfers-In - Transfer-out

= $192 million - $ 153.60 million

= $38.40

6 0
3 years ago
Analysis of market share is a key to understanding the firm's:
Alik [6]

Analysis of market share is a key to understanding the firm's:

O a. competitive environment.

O b. demographic strengths.

O c. social and cultural environment.

O d. technological environment

answer is A

8 0
3 years ago
When you hire an independent contractor, you don't have to pay the contractor's
xxTIMURxx [149]

Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

It is quite common now a days to work with contractors to get help from them, either in the form of services or human resources, etc. The contractor provide the company what it wants according to the needs. For example if a company needs human resource for its customer service department, the contractor will provide them the employees according to the company's need. So when you hire the contractor for getting you employees, there is no need to pay the medicare taxes of the contractor. It is not the responsibility of the company to pay medical expenses of the contractor, rather its contractor's own responsibility to fulfill its medicare expenses.

5 0
3 years ago
Read 2 more answers
A $1,000 face value bond can be redeemed early at the issuer's discretion for $1,030, plus any accrued interest. The additional
Elina [12.6K]

Answer:

call premium

Explanation:

The bonds has certain conditions and one of them is the right of the issuer to purchase the bonds therefore, extinguish the debt before the maturity expressed in the bond. As this is a change to the original terms usually the issuer is forbidden to do so in the first years of the bond or it can do it at given dates. In any case, the issuer pays a premium for this right to compensate the bondholders

8 0
3 years ago
Other questions:
  • Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct compe
    5·1 answer
  • A model nascar race car lists for $80.04 with a trade discount of 30%. what is the net price of the car?
    8·1 answer
  • 20 points :)
    12·2 answers
  • g A corporation sold 26,000 shares of its $1 par value common stock at a cash price of $12 per share. The entry to record this t
    15·1 answer
  • The value of the Dollar appreciates versus the Euro. Who will benefit?
    6·1 answer
  • Bryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in h
    12·1 answer
  • Iconix Brand Group owns and markets various brands and trademarks, including Joe Boxer, London Fog, Ocean Pacific, Ecko Unltd.,
    6·1 answer
  • Krisp Systems decides to move production to a developing country where they are free to pump pollutants into the atmosphere with
    15·2 answers
  • Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources
    11·2 answers
  • Someone plz help me tell me what kind of dogs are they and how much are they gonna grow up!
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!