Answer:
A. To create a competitive advantage.
Explanation:
One of the most efficient and effective ways for a company to create a competitive advantage is through the use of technology cycles and innovation streams.
This methods most likely lead to the development of either new products or services, or the improvement of existing products or services, leading to a competitive advtange over competitors, either in terms of price, quality, or both.
Answer:
Contraction
Explanation:
The business cycle refers to the fluctuations that happen in an economic activity over time. This cycle has 4 stages that are:
-Expansion is when the economy grows and employment is higher.
-Peak is a transition between expansion and contraction and it is a point in which the economy reaches its highest output.
-Contraction is a stage in which growth stops and unemploymetnt rises.
-Trough is a stage in which the economy gets to its lowest point before a rise.
According to this, the answer is that in the context of the business cycle, Bruslon is most likely going through a period of contraction because there is an economic downturn that forced Loger's to lay off many employees.
First Stage: Sole Proprietorship
In the early stage of development, Troy Smith started
Sonic as sole proprietorship. The advantage in this stage was that he was
making all business decisions to himself. While the disadvantage was that he
was not having help with things when needed thus causing his first ventures to
fail
Second stage: Partnership
The advantage in this scenario was that Troy Smith is now
having help with things like and he can focus his attention in improving the
business operations while his partner focus primarily on sales. The greatest
disadvantage now is that he has to share the profits of the business.
Third stage: Franchise
The business can now continue to grow while maintaining all
the same qualities the company was started with. The disadvantage would now be
Troy Smith would have limited control over the success of that particular
franchise.
