1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MakcuM [25]
3 years ago
6

Which of the following is the primary reason firms use competitive marketing​ intelligence? A. To assess and respond to a​ compe

titor's social media strategies B. To gain an understanding of a​ competitor's channels of distribution C. To gain early insights into competitor moves and​ strategies, and to prepare quick responses D. To understand more about a​ competitor's new product development efforts E. To make early decisions regarding pricing strategies of competitors
Business
1 answer:
Margarita [4]3 years ago
8 0

Answer: Option B

Explanation: Competitive intelligence refers to the study of different factors of the business environment by the organisation for helping the senior management to make strategic decision making.

This study analyzes the factors that directly affects the organisation. The channel of distribution of the competitor can be used to understand their strategy for making their market. An organisation could use this information by improving their channel and gaining a competitive advantage.

Hence from the above we can conclude that the correct option is B

You might be interested in
PLZ HELP
Strike441 [17]
The answer to this question is D
7 0
3 years ago
Read 2 more answers
Which of the following statements is FALSE?a. Electronic procurement systems can aid a company in saving both time and money.b.
alukav5142 [94]

Answer:

The answer is d. Centralized purchasing is where individual, local purchasing departments, such as at the plant level, make their own purchasing decisions.

Explanation:

Centralized purchasing is a purchasing system in which all the departments of a company with a wide geographical distribution can make purchases through a common purchasing organization.

8 0
3 years ago
Enlightenment thinkers were concerned with how man would be without _____.
kolezko [41]

Answer:

The government

Explanation:

7 0
3 years ago
American Gas Products manufactures a device called a Can-Emitor that empties the contents of old aerosol cans in 2 to 3 seconds.
kakasveta [241]

Answer:

$157,986.11

Explanation:

Given that

Amount = $75,000

Number of years = 3

Interest rate = 20%

The computation of the present value is shown below:-

Here we will use the P/A factor which is here

Present value = Amount × (1 + Interest rate)^number of years - 1 ÷ (Interest rate × (1 + Interest rate)^Number of years

= $75,000 × ((1 + 20%)^3 - 1) ÷ (0.20 × (1 + 0.20)^3)

= $75,000 × (0.728  ÷ 0.3456)

= $75,000 × 2.106481481

= $157,986.1111

or

= $157,986.11

Therefore for computing the present value we simply applied the above formula.

5 0
3 years ago
Read the following selection, and answer the following question.
pshichka [43]

Answer: The answer is given below

Explanation:

1. False

The is not an effective beginning for the letter. From the question, we can see that the person needs invoicing process information. The best beginning will have been "Based on your request to know about the invoicing process information ....

2. B. Satisfy the inquiry and take the opportunity well introduce another product as well.

The technique that should be used to promote a business when responding to a customer's inquiry is by first satisfying the inquiry. This is done by giving a detailed and correct answer to the question that is asked by the person. After satisfying the person, then another product can be introduced to the person. The person will be willing to listen after his curiosity or inquiries gas been satisfied.

3. The strategies that a direct response message should use are:

A. List answers to the customer's questions in the order asked.

B. Close pleasantly with a forward looking statement

C. Place the most important information first.

When replying direct messages, the most vital information should be put at the top so that it could easily be seen by the customer and answers should also be provided to the questions asked by the customer based on the way that the customer asked the questions. This will make the reply logical and easily comprehendible. Lastly, the closing remarks should be pleasant, and positive.

3 0
3 years ago
Other questions:
  • Omega Co. has annual sales of $250,000, costs of goods sold of $168,000, and assets of $322,000. Accounts receivable are $86,200
    13·1 answer
  • How much of gordon's social security is taxable?
    10·1 answer
  • Stanley, a police officer, is investigating a crime scene. During the search, he comes across a murder weapon with fingerprints
    9·1 answer
  • Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
    12·1 answer
  • A college raises its annual tuition by​ 25%, and its student enrollment falls by​ 3.5%. Compute the price elasticity of demand.
    10·1 answer
  • Preferred Stock Valuation Farley Inc. has perpetual preferred stock outstanding that sells for $30 a share and pays a dividend o
    6·1 answer
  • Lamont Company produced 80,000 machine parts for diesel engines. There were no beginnings or ending work-in-process inventories
    6·1 answer
  • One year ago, you purchased 350 shares of Titan Wood Products for $63.17 per share. The stock has paid dividends of $.71 per sha
    14·1 answer
  • Wolf Computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a very similar machine. In additi
    6·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!