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Tju [1.3M]
3 years ago
7

Carrigan has just launched his new business. He has great plans for expansion later but for now, the most appropriate and effect

ive product strategy to use in this stage of his small business is the _____ product strategy.
Business
1 answer:
rewona [7]3 years ago
3 0

Answer:

one product strategy

Explanation:

Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.

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The necessity of marketing and advertising for any business
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Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

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Which of the following is true for calculating the future value of multiple cash flows? a) You can only find the FV of multiple
zavuch27 [327]

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d

Explanation:

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Determine the ending inventory under the conventional retail method for the furniture department of Mayron Department Stores fro
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5 0
3 years ago
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $44,309.00 exactly 16.00 years from tod
LenKa [72]

Answer:

$11,160.097

Explanation:

Data provided in the question:

Future value of machine = $44,309.00

Time, n = 16 years

Discount rate, r = 9.00% = 0.09

Now,

The amount Derek is will to pay will be the present value  of the machine

Also,

we know

Future value = Present value × (1 + r)ⁿ

on substituting the respective values, we get

$44,309.00 = Present value × (1 + 0.09 )¹⁶

or

$44,309.00 = Present value × 3.97

or

Present value = $44,309.00 ÷ 3.97

or

Present value = $11,160.097

6 0
3 years ago
What type of risk assessment uses descriptive categories to express asset criticality, risk exposure (likelihood), and risk impa
Sergeeva-Olga [200]

Answer: qualitative

Explanation:

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