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jeka57 [31]
3 years ago
13

Apple inc's ipod is the dominant product in the market for mp3 players. suppose that a technology company orange recently introd

uced an innovative mp3 player, which many consumers feel is a good substitute of the ipod. you would expect
Business
2 answers:
Arte-miy333 [17]3 years ago
6 0
You would expect that a part of the market share would be going over to orange corp. In this hypothetical scenario, Apple inc now has to beef up its marketing strategy by employing price strategies where they lower their prices or give better deals, or they may also use a promotion strategy where they would use better promotions to bring in customers. Apple inc. could also innovate again and create accessories or add more features to the ipod. This is called product improvement. 
djyliett [7]3 years ago
3 0

Base on the given scenario of which the orange company introduced an innovative mp3 player, the apple inc’s ipod will likely tend to decrease its mark up as a new rival has been introduced which is having a head on with the apple’s mp3 product.

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Pedro, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales repr
Sindrei [870]

Answer:

Retailer

Explanation:

From the question we are informed about Pedro, who was an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales representative at Metro Distributors Inc. and places an order for 100 printers. Metro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Pedro at his office. In this scenario, Metro Distributors Inc. is most likely to be Retailer.

A retailer can be regarded as a company or entity which buys products from a manufacturer or wholesaler then sells directly to end users or customers. A retailer can be regarded as an intermediary or middleman, with them the customers can get products from the manufacturers through them. They do this with aim of making profit.

8 0
3 years ago
The value and cost of goods are easiest to determine when the goods are a. private goods. b. public goods. c. common resources.
stiv31 [10]

Answer: Private goods.

Explanation:

Private goods are commodities bought by a consumer for personal consumption. It is very easy to determine the cost of private goods as the cost is the price at which it is sold in the market. On the other hand public goods are commodities that everyone enjoys in society that are not necessarily paid for by consumers. Therefore to determine the final cost of public goods is difficult to ascertain.

4 0
4 years ago
At ABC Accounting, Inc., Margo is interested in improving the quality of as well as reducing bias when making nonprogrammed deci
kodGreya [7K]

Answer:

Not engage or involve in the critical thinking

Explanation:

Critical thinking is the term which is described as the ability or the potential for examine the information objectively and make or take a reasoned judgment. This comprise of the evaluation of the sources like the facts, research findings, data and observable phenomena.

In this situation, the corporation, is interested in improving the quality and also reduce the bias when the taking decisions of the non- programmed. So, they should not involve in the critical thinking instead take action.

5 0
3 years ago
Israel kirzner believes entrepreneurs have a unique capability, which he calls _________ ________, to spot existing opportunitie
Hatshy [7]
Israel kirzner believes entrepreneurs have a unique capability, which he calls entrepreneurial alertness, to spot existing opportunities for businesses.
Israel<span> Meir </span>Kirzner<span> is a British-born American economist. we can define the unique ability of </span>Entrepreneurial alertness that some people have as to recognize competitive limitations or imperfections in markets.
7 0
3 years ago
Which type of investment is not typically part of an income investment strategy? A. Dividend-paying stocks B. Mutual funds C. Sa
seraphim [82]

answer: D real estate

because house prices usually go down not up

7 0
3 years ago
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