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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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This is for my business class someone help please and thank you!
daser333 [38]

Answer:

Legal and environmental.

Explanation:

PEST is a short form for political, economic, social, and technological factors. These are external factors likely to impact business performance. Entrepreneurs should analyze, understand them, and include their effects in business plans.

Other external factors that may affect business performance are legal and environmental.

For the legal factors, an entrepreneur should analyze the impact of possible changes in laws and legal interpretations on their businesses.  In the environmental analysis, the entrepreneur should be aware of the industry's environmental regulations and restrictions. They should plan for possible changes in license limitations.

7 0
2 years ago
33. This question refers to the videos we watched about the “Crisis of Credit.” 1. Before 2008, why did investment bankers think
Zigmanuir [339]

Before 2008, the investment bankers thought that buying home mortgages was a good and safe investment because it was a stable investment, which is less impacted by inflation.

The “subprime” mortgages were more riskier than “prime” mortgages because the lender were more likely to default the mortgage.

<h3>What was the event "Crisis of Credit" about?</h3>

The Crisis of Credit, also known as the financial crisis of 2008 or Global Financial Crisis referred to a severe worldwide economic crisis that occurred in the early 21st century. It was considered the most serious financial crisis since the Great Depression (1929).

In 2008, the financial crisis began with cheap credit and lax lending standards that fueled a housing bubble. When bubble burst, all banks were left holding trillions of dollars as worthless investments in subprime mortgages and the Great Recession that followed cost many their jobs, their savings and their homes.

Read more about Crisis of Credit

brainly.com/question/25017656

#SPJ1

3 0
1 year ago
Which of the following kinds of price discrimination occurs when each customer is charged one price for the first set of units p
olasank [31]

Answer:

D

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

3 0
3 years ago
Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goo
UNO [17]

Answer:

d.​regardless of what Ocean knew or could have discovered.

Explanation:

The uniform commercial code are a set of rules that govern transactions involving sale of goods. One of such rules is the implied warranty of merchantability.

When goods are sold there is an implied warranty that the item will perform up to a particular level.

For example if one buys a television not is expected that the television will work. If it does not come on, implied warranty has been breached.

So in this case regardless of what Ocean knew or could have discovered, selling defective goods is a breach of implied warranty of merchantability.

7 0
3 years ago
The marketing plan has three main components: the executive summary, the keys to success, and the implementation plan.
CaHeK987 [17]

Answer:

true

Explanation:

based on my opinion

7 0
3 years ago
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