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Ede4ka [16]
3 years ago
13

Burger21 is a chain of fast-food restaurants that got its start in Tampa, Florida. In order to increase sales, the company has o

pened restaurants in other states and there is now one in the Chicagoland area. This would be an example of a ______________________ strategy.
a. diversificationb. market duplicationc. product developmentd. market penetratione.market development
Business
1 answer:
frez [133]3 years ago
4 0

Answer:

e. Market development

Explanation:

Market development -

It is the strategy , which enables to find out new marketing segments for the current products , is referred to as market development .

The target of this market development are the non - buying customers and tries to target new consumers in the new segments .

Hence , from the given scenario of the question,

The correct term is market development .

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The risk that actual returns will not match or exceed expected returns is called:________a. investment risk. b. asset class risk
Alex73 [517]

Answer:

a. investment risk

Explanation:

Risk is the potential of an action or activity (including the option not to move) to cause an undesired loss or event. The idea implies that a choice affects the outcome. The same potential losses can be called "risk".

Investment risk: We can define it as the inappropriateness between the actual and expected returns. Because on this type of risk, there may be occurrence of any losses with some probability or likelihood which will be relative the expected return.

Asset class is about the grouping process of investments which have some mutual or similar characteristics. The risk on this case is something has relative elasticity compared to another investment in the market.  Usually, there is 3 groups of asset classes: equities, bonds and money market instruments.

The market risk which is called sometimes as systematic risk. This risk consider the entire market and has effects on this scale. The investor who undertook this risk will see that the factors which affect the overall performance of the whole marketplace.

Opportunity cost is the cost when you have purchased, chose or bought  the product compared to another product. However, you will notice that if you buy another one you will get more value or consumer surplus but you have just bought and you missed chance. This is the opportunity cost

8 0
3 years ago
A study examined the employment benefits of getting a PhD degree.PhD degree. The researchers made inferences based on employment
ss7ja [257]

Answer:

Option D

Explanation:

This is the group whom the researcher wants to know more about and to draw inference from.

8 0
3 years ago
Xavier and Shawn are co-owners of a party-planning business. They split all of the profits 50-50 and are able to make decisions
pshichka [43]

In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.

5 0
3 years ago
Read 2 more answers
Due to limited production space, Computer Inc needs to adjust its sales mix. Current production is 500 flash drives (contributio
liubo4ka [24]

Answer:

Computer Inc should produce and sell 500 charging cords since their contribution margin is the highest, resulting in a gross profit of $8 per unit x 500 units = $4,000. And produce and sell 650 flash drives with a contribution margin of $7 per unit which results in a gross profit = $7 x 650 units = $4,550.

Explanation:

Companies must focus on producing and selling the products that generate them the largest profit.

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The study of economics focuses most on...
-Dominant- [34]
A, all of above because they are all the study of economics
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