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Pepsi [2]
3 years ago
6

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at

the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in _____?
Business
1 answer:
mestny [16]3 years ago
8 0

Answer:

Predatory pricing.

Explanation:

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.

Predatory pricing is a strategy used by some business owners to reduce the cost of a particular commodity or item to the lowest possible amount such that the available competitors will be driven out of business.

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Promotions Opportunity
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3 years ago
____ is a pattern of basic assumptions that is developed by a group as it learns to cope with problems of external adaptation an
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Answer:

d) Organizational culture

Explanation:

Organization culture is the assumptions, beliefs, values, and ways of interactions that make an organization unique. It the organization's established ways of doing things.

Organization culture will include experiences, expectations, and philosophies that guide its members. Members of an organization express culture by the way they interact internally and with the outside world. Culture incorporates customs, attitudes, written and unwritten rules of an organization.

7 0
3 years ago
Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
earnstyle [38]

.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

Read more about the proactive type of approach

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6 0
1 year ago
Leather Shop earned net income of $ 71,000 after deducting depreciation of $ 5,000 and all other expenses. Current assets decrea
Thepotemich [5.8K]

Answer:

$89,000

Explanation:

Given that,

Net Income = $71,000

Depreciation = $5,000

Increase in Current Liabilities = $9,000

Decrease in Current Assets = $4,000

Net Cash from Operating Activities:

= Net Income + Depreciation + Increase in Current Liabilities + Decrease in Current Assets

= $71,000 + $5,000 + $9,000 + $4,000

= $89,000

Therefore, the Leather Shops cash provided by operating activities​ (indirect method) is $89,000.

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3 years ago
cual de los tres tres grandes grupos culturales que predominan en america latina te parece que tiene mas en nuestro pais y porqu
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<span>La cultura de los Estados Unidos Coalesced es principalmente occidental, pero está influenciada por las culturas africanas, nativas americanas, asiáticas, polinesias y latinoamericanas. También tiene sus propias características de convivencia y culturales, como el dialecto, la música, las artes, los hábitos de convivencia, la cocina y el folclore. Los Estados Unidos de América son países étnicamente y racialmente diversos como resultado de una migración astronómicamente inmensa desde muchos países a lo largo de su historia. Muchos elementos culturales estadounidenses, especialmente de la cultura popular, se han extendido por todo el mundo a través de los medios de comunicación modernos.</span>
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3 years ago
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