<span>a. not counted as part of the labor force</span>
Answer:
reduces the number of new products being worked on at any one time.
Explanation:
Product screening is the way innovative ideas, strategies, and marketing trends are evaluated to see how feasible they are for business to invest in.
Various criteria are used to check if the idea helps the business achieve its goals and objectives, it also confirms the viability of the idea in generating return on investment.
Product screening therefore reduces the number of product ideas being worked on at a given time.
Answer:
0.167
Explanation:
Given the following :
Heavy usage index = 1.5
Penetration share = 0.6
Market share = 15%
Using the formula:
Heavy usage index =
market share % / [Penetration share * share of wallet]
1.5 = 15% / [0.6 * share of wallet]
1.5 × [0.6 × share of wallet] = 15%
0.9 × share of wallet = 15%
Divide both sides by 0.9
Share of wallet = 15% / 0.9
Share of wallet = 0.15 / 0.9
Share of wallet = 0.16666
Share of wallet = 0.167
Answer and explanation:
Location is one of the many factors businesses must consider at the moment of starting operations. Commercial areas tend to have higher rent and property prices. Typically, businessmen deal with it by increasing their products price so they can cover expenditures and make a profit. At the same time, most consumers are willing to pay the higher price for the product because it removes the need for relocation even if it could imply moving one or two blocks away.