The type of economy that referred in the question would most likely be a free-enterprise economy. By definition, a free-enterprise economy is an economic system wherein the market is free of government intervention. In addition, it is essential to the world trade because "<span>permits developing nations to compete on an equal economic basis with more industrialised countries."</span>
Answer:
These are the options for the question:
A. Segmentation
B. Cannibalization
C. Market penetration
D. Product bundling
And this is the correct answer:
B) Cannibalization
Explanation:
Cannibalization occurs when a newly introduced product reduces the market share of previous products.
In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.
This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.
Answer:
$185,000
Explanation:
Cost of goods manufactured =( Opening inventory +purchase )-closing inventory
Opening inventory = $158,000
Purchase =cost of goods on trial balance = $168,000
Closing inventory = $ 141000
Cost of goods manufactured = (158,000 + 168,000)-141000 = $185,000
<span>SWOT tool for auditing an organization and its environment.First stage of planning and helps marketer focus on key issues.SWOT stands for Strengths, Weaknesses, Opportunities and Threats.we should aim to turn our weaknesses into strengths and our threats into opportunities.</span>