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AfilCa [17]
3 years ago
13

Over the course of 50 years, Dexter grew his company to eight package shipping stores. With his retirement approaching and the i

ncreased competition, he decided to reduce the number of locations to three. Dexter's reduction of effort represents a
a. fixed plan.
b. defensive strategy.
c. merger approach.
d. stability strategy.
e. growth strategy.
Business
1 answer:
Butoxors [25]3 years ago
8 0

Answer:

B. Defensive Strategy

Explanation:

One thing that is inevitable in business is competition. Dexter decided to use a defensive strategy for his business with his retirement coming in and competition becoming even stronger.

Defensive strategies are management techniques used to "fend off attacks" from competitors. It helps the decision maker hold on to shares of the market. Some companies do this to lower the risk of being attacked when they perceive attacks coming from competitors so in turn, those competitors can focus on other competitors in the market.

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Answer:

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Explanation:

Increasing returns to scale refers to the situation when a proportionate change in input leads to more than proportionate change in output. This may happen because of economies of scale.  

Economies of scale are said to happen when the average cost of production decreases with the increase in the volume of output.  

Decreasing returns to scale refers to the situation when a proportionate change in input leads to less than proportionate change in output. This may happen because of diseconomies of scale.  

Diseconomies of scale occur when a firm experiences an increase in the average total cost as the volume of output increases.

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Which characteristic places people at a higher risk for trying illicit drugs?
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Rashid [163]

Answer:

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Answer:

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Explanation:

See attached picture for explanation.

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