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guajiro [1.7K]
4 years ago
14

Explain why it is important to study your industry before developing a business concept.

Business
1 answer:
Nonamiya [84]4 years ago
7 0

Answer:because if you dont you dont know a [heck nothing} and then your dumb then turn poor!

Explanation:in life its not easy so if that were to be you would fail to do an industry because of your failer and that would give you the cause of being dumb and poor!

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What is an advantage of permanent life insurance policy
jolli1 [7]

The advantage is the fact that there would not be much issue if one gets an illness anytime in life.

Explanation:

Often, insurance companies do not give insurance to the people who are already in old age or have some serious ailments.

This is because they understand the cost in keeping that insurance is more than that they would be able to recover.

This can be done away with if the person takes lifelong insurance.

Then the company will have to pay for the expenses that come any time in the life of the person no matter any time until they live.

5 0
4 years ago
Which methods of paying for college do not require repayment? Check all that apply.
Svetradugi [14.3K]

Answer:

The correct answer would be option D, Scholarships

Explanation:

Scholarships are basically grants, given to students who cannot pay for their education expenses. Grants are the funds that are given to an entity by the Government or financial institution or any institution which the receiving party is not required to repay. Grants are usually given to the non profit organizations, Educational institutions, individuals or businesses to help them grow and meet their expenses better. So scholarships are the grants given to students by the college authorities to continue their education and meet their educational expenses and the students are not required to payback these student scholarships.

8 0
3 years ago
Read 2 more answers
Diversification is most effective when security returns are _________. a. high b. negatively correlated c. positively correlated
Y_Kistochka [10]

Answer: Option B  

                       

Explanation: In simple words, diversification refers to the process of allocating capital in different investments to reduce the overall risk of the investment portfolio.

Therefore, analyst tries to make portfolio in such a way that securities will be negatively correlated. If two securities are negatively correlated then the decrease of one will lead to proportionate increase of others.

This ensures that the investors money will not be depreciated but at the same time the potential for abnormal returns also decreases.

3 0
4 years ago
July Networks provides digital television services across the country. They have a cuttingedge technology that provides high-res
Vesna [10]

Answer:

Locking in customers.

Explanation:

July Networks is locking in customers for the next two years by telling them to subscribe with July Networks. This will keep these customers loyal to them for two years, during which they can further implement retention strategies to keep the customers with them more than two years.

This is a good business strategy and customers are attracted to subscribe because of the cutting edge television technology that is being provided by July Networks.

5 0
4 years ago
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"In the past few years, McDonald’s has made a lot of changes to its menu, adding more healthy choices and more higher-priced ite
Andreas93 [3]

Answer: This can be explained as follows:-

Explanation: MCdonalds change in menus and adding more healthy choices does brings change in the traditional value chain of the company.

In traditional times company was mainly focused towards the taste of the product and  to make the service as fast and as efficient as possible but now the company is taking care of the health of its customers. Company wants to attract new customer base of health conscious people. In traditional times company's aim was to make quick service to get the tables ready every time a customer walks in but today company wants to make the restaurant a place where people can sit and enjoy their meal for a while and company is taking help of technology in this.

3 0
3 years ago
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