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inn [45]
3 years ago
14

Adrienne decides to add new sales representatives and increase advertising in her existing market for her current line of securi

ty systems. Adrienne is pursuing a __________ growth strategy.
a. Market penetrationb. Market developmentc. Product developmentd. Diversification
Business
1 answer:
sveta [45]3 years ago
6 0

Answer:

Adrienne decides to add new sales representatives and increase advertising in her existing market for her current line of security systems. Adrienne is pursuing a market penetration growth strategy.

Explanation:

The main objective of having a business for most people is to make profits. In order to make profits, one major aspect of the business that has to be taken seriously is the market. Research has shown that there is direct correlation between the profits and the market share that a business has. In other words, the bigger the market share, the bigger the profits. There are different strategies that can be utilized to ensure that your company grows and expands due to sales. One of these strategies is outlined below;

Market penetration:

This is involves all the strategies put in place to ensure that the volume of sales of a product increases significantly. It is usually measure by the amount of product sales compared to the total target market. An example is Adrienne who sells security systems, by adding new sales representatives, she is trying to increase the volume of sales in her existing market so that she gains a large volume in that particular market.

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In reviewing a bank's balance sheet, the liabilities are greater than the assets. What is the best explanation that could
Alex777 [14]

Answer:

cash

Explanation:

The top line, cash, is the single most important item on the balance sheet. Cash is the fuel of a business. If you run out of cash, you are in big trouble unless there is a "filling station" nearby that is willing to fund your business

6 0
3 years ago
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If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

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7 0
2 years ago
Q 24.9: Fisher Steel produces steel plates for manufacturing and construction. They generally use a static budget with the follo
Nat2105 [25]

Answer:

$27000

Explanation:

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4 0
3 years ago
How did the population and economic patterns of the american west change because of governmental policies, such as the homestead
dem82 [27]

There were many policies which contribute a lot to  change population and economic patterns of the american west .

Much of the West became part of the United States through the Louisiana Purchase of 1803; the Southwest, however, was a Mexican possession until 1848. The Lewis and Clark Expedition of 1804–06 established much of what would become the Oregon Trail and thereby facilitated settlement of the Pacific Northwest.

The Mormons, fleeing from harassment in Midwestern states, reached Utah in 1847, built Salt Lake City, and began a vigorous colonization of all parts of the Rocky Mountain West. The discovery of gold in California in 1848 brought a burst of migration to the West Coast and led to California’s admission to the union in 1850, barely two years after it had been ceded from Mexico.

The rest of the West, however, remained sparsely populated. The American Civil War changed that conception. In 1862 the Homestead Act was passed by Congress. In 1869 the first transcontinental railroad was completed, and in 1873 barbed-wire fencing was introduced. Coupled with improvements in dry farming and irrigation and the confinement of American Indians to reservations, the Great American Desert grew steadily in population.

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6 0
2 years ago
Is it right for the government to impose price controls? why?
sp2606 [1]

Answer:

no because price controls are government-mandated minimum or maximum prices set for specific goods and are typically put in place to manage the affordability of the goods. ... Over the long term, price controls can lead to problems such as shortages, rationing, inferior product quality, and black markets.

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