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steposvetlana [31]
4 years ago
15

A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom

er value than the first mover's product. c.usually incurs higher expenses than the first mover since it must engage in reverse engineering. d.typically has a higher survival rate than first movers which typically take greater risks.
Business
1 answer:
Viktor [21]4 years ago
5 0

Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.

A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.

This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.

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Mr. Jackson just turned 65. He has been seeing the same general practitioner for annual check ups for the past 15 years . Like t
Tju [1.3M]

Answer:

Medicare will only cover a one-time “Welcome to Medicare” wellness visit.

5 0
3 years ago
Because people prepare budgets, budget figures are often biased. Which of the following is true? a. When senior management sets
eduard

Answer: B

Explanation:

Budgetary slack is a cushion created in a budget by management to increase the chances of actual performance beating the budget. Budgetary slack can take one of two forms: an underestimate of the amount of income or revenue that will come in over a given amount of time, or an overestimate of the expenses that are to be paid out over the same time period. Budgetary slack is generally frowned upon because the perception is that managers care more about making their numbers to keep their seats and gaming the executive compensation system rather than pushing company performance to its potential. Managers putting a budget together could low-ball revenue projections, pump up estimated expense items, or both to produce numbers that will not be hard to beat for the year. It also provides flexibility for operating under unknown circumstances, such as an extra margin for discretionary expenses in case budget assumptions on inflation are incorrect, or adverse circumstances arise.

4 0
3 years ago
Gilbert inc. generated sales revenues of $1,000,000 in the year 2015. its cost of goods sold amounted to $400,000. calculate gil
julsineya [31]

400000 \div 1000000 = .4 \times 100 = 40
100 - 40 = 60
60%
7 0
3 years ago
Life, Inc. experienced the following events in Year 1, its first year of operation: Performed counseling services for $31,600 ca
nikitadnepr [17]

Answer:

The accounting equation states that "Assets=Capital Liabilities"

As a result, the  equation here gives $11250 on both sides of the question.

The profit or loss statement gives net income of $11250 as well ,while the balance sheet has $11250 total as assets, the same as equity plus liabilities.

Finally,the statement of cash flow showed increase in cash and cash equivalent in the year as $9400.

The rent expense applicable to year 2 is the balance of prepaid rent which currently stood at $1850

Explanation:

Please find attached spreadsheet showing details regarding all the financial statements prepared in respect of Life Inc.

Download xlsx
7 0
3 years ago
Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. th
Vesna [10]

Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. the unemployment rate is approximately <u>17 % .</u>

What is the formula for the unemployment rate?

  • The percentage of the labor force that is employed that is unemployed is known as the unemployment rate (the labor force is the sum of the employed and unemployed).
  • (Unemployed Labor Force) x 100 equals the unemployment rate.

What are the 4 types of unemployment?

There are different types of unemployment, including institutional, structural, cyclical, and frictional.

Effects of unemployment on society -

Communities with high rates of unemployment are more likely to have few job opportunities, subpar housing, fewer recreational opportunities, restricted access to public services and transportation, and underfunded schools.

Solutions to unemployment crisis in India -

  • Education. Education is the best answer to every issue facing the world.
  • Career advice - People looking for work who are having trouble choosing a career path should speak with a career guidance specialist.
  • Training that is skill-based: Every job role calls for a particular skill set.
  • job referrals

Learn more about unemployment

brainly.com/question/14227610

#SPJ4

3 0
2 years ago
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