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xeze [42]
3 years ago
11

RedInk, a company that manufactures office furniture, is based in Bodonia. It is looking to sell its current products in other c

ountries as well. The company identifies the country of Soleria as a good option because the cultures and tastes of consumers in the two countries are similar. This is an example of a strategy for _____________.
a) market penetration
b) market development
c) downsizing
d) diversification
e) product development
Business
1 answer:
Fynjy0 [20]3 years ago
5 0

Answer: Market development    

                     

Explanation: In simple words, it refers to a strategy under which an organisation tries to identify and develop a new customer base for their current products.

In the given case, Red ink is trying to advantage of the similar culture in Soleria so that they can sell their existing product in a new market.

Hence from the above we can conclude that this is an example of market development.

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I will try my best to answer:

1. <span> c.$10,000
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7 0
4 years ago
Read 2 more answers
An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety
Alex73 [517]

An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.

What is an oligopoly-

An Oligopoly is a type of market in which :

  • Few numbers of buyers and sellers.
  • High capital cost to entry in the market.
  • Similar but slightly different products. (eg. Cold drink companies)
  • Entry may be restricted to a few firms
  • there can be informal cartels within the existing firms which do not allow others to come in.
  • The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.

An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).

Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"

To learn more about the types of markets please click on the link

brainly.com/question/24877850

#SPJ1

5 0
2 years ago
¿LAS DECISIONES QUE HAN TOMADO ALGUNAS EMPRESAS PARA MANTENER SU ECONOMIA HAN SIDO LAS MAS ACERTADAS?
Fittoniya [83]

Answer:

Calculator

語の

Typios

Explanation:

3 0
3 years ago
Tang Company accumulates the following data concerning raw materials in making its finished product:
Delvig [45]

Answer:

1. $2.60

2. 4 pounds

3. $10.40

Explanation:

Given that,

Price per pound of raw materials = $2.30

Freight-in = $0.20

Receiving and handling = $0.10

Quantity per gallon of the finished product—required materials = 3.60 pounds

Allowance for waste and spoilage = 0.40 pounds

1. Standard materials price per gallon:

=  Price per pound of raw materials + Freight-in + Receiving and handling

= $2.30 + $0.20 + $0.10

= $2.60

2. Standard materials quantity per gallon:

=   Quantity required materials + Allowance for waste and spoilage

= 3.60 pounds + 0.40 pounds

= 4 pounds

3. Standard materials cost per gallon:

=  Standard materials price per gallon × Standard materials quantity per gallon

= $2.60 × 4

= $10.40

6 0
4 years ago
If the economy unexpectedly went from inflation to deflation, a. debtors would gain at the expense of creditors. b. creditors wo
ycow [4]

Answer:

B. Creditors would gain at the expense of debtors.

4 0
3 years ago
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