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Nadusha1986 [10]
3 years ago
13

FunZone Inc. identified and developed a SmartCard that can be used at fair grounds to make the ticketing process easier. The com

pany found that the existing system was complicated and highly time-consuming. The SmartCard was easy to operate and each swipe would deduct the cost of a ride automatically. According to the given scenario, FunZone has recognized a
Market opportunity T/F
Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer:

True

Explanation:

The concept of market opportunities is not always explicitly used by management specialists when explaining or implementing strategic design processes but is always implicitly present in these analyzes. Not a few authors identify market opportunities with favorable indicators of the variables to consider in the analysis of the environment since they characterize the actions of forces and actors in the environment. These variables can influence organizational action but do not define it and this can lead to, in economic praxis, organizational strategies may be more focused on the "what to do" to achieve the objectives than on the "how to get" to achieve them which leads to the loss of one of the levels of disaggregation of the strategic design and that the objectives are defined in terms of market opportunities, the strategies in terms of objectives and the strategic actions in terms of strategies.

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Which of the following is true when there is excess demand for a product in a market?
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Suppose a small open economy has a floating exchange rate and the government reduces spending. What will happen to real income i
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Answer:

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The Geographic structure is likewise called location departmentalization, that's a logical structure that sells its goods in special areas.

In geography, area or location are used to denote a location (point, line, or region) on the planet's floor or elsewhere. The term location commonly implies a better diploma of truth than region, the latter often indicating an entity with an ambiguous boundary, relying greater on human or social attributes of region identification and feel of vicinity than on geometry.

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Location either refers back to the actual range and longitude coordinates (absolute region) of something on this planet's surface, or it describes something's role in connection with something else (relative area). place, on the other hand, refers back to the bodily and human characteristics of a niche on the map.

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