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Juli2301 [7.4K]
3 years ago
11

Maryam phoned her auto insurance agent to renew her policy. The agent told her about new types of insurance now available-to cov

er her apartment, or even the engagement ring she just got from her fiancé. The agent was pursuing a __________ growth strategy.
Business
1 answer:
nadya68 [22]3 years ago
3 0

Answer:

The correct answer would be, Product Development Growth Strategy.

Explanation:

In Product Development Growth Strategy, the company emphasizes in the promotion of the new or existing product in new or existing market. In this strategy, the existing products or services are modified just a way that they look new and exciting for the existing or the new clients. When there seems little to no opportunity for new growth in a company's current market, this product development growth strategy is used.

So the auto insurance agent is also using this strategy with his existing customer, Maryam, who called him to renew her policy. He tells her about some new exciting features that has been included in their services. So he basically is promoting or pursuing a product development growth strategy.

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Ann is a teacher who became interested in helping adults in some of the poorer neighborhoods learn how to read. She plans to sta
garik1379 [7]

Answer:

correct answer is nonprofit organization

Explanation:

  • The nonprofit organization primarily represents organizations based on scientific, educational, research and religious concerns.
  • The nonprofit organization represents voluntary and association type organizations that do not pay income tax.
  • In question, Ana is a professional teacher and she wants to help a poor student in her studies and open a center known as a non-profit organization.

so correct answer is nonprofit organization

5 0
3 years ago
When an organization ties formal succession plans to career paths for employees, it __________. Group of answer choices improves
stealth61 [152]

Answer:

It improves employee retention and performance motivation.

Explanation:

There are few factors that keep employee motivated and loyal toward organization. The basic factors are career path and monetary benefits that keep the energy flow in the employee.

A formal succession plan is a human resource management strategy for identifying the potential successor, it reduces the confusion for the organization and employee in the method of hiring and promotion. These strategies also keep an employee motivated, improve performance and retention in the organization as they find growth and security in the organization.

3 0
3 years ago
A one-year call option contract on Cheesy Poofs Co. stock sells for $1,330. In one year, the stock will be worth $65 or $86 per
givi [52]

Answer:

$98.02

Explanation:

Data provided in the question:

Value of contract = $1,330

Maximum value = $86

Minimum value = $65

Exercise price = $78

Risk-free rate = 3%

Now,

Current value of stock = (\frac{\text{Maximum value-Minimum value}}{\text{Maximum value-Exercise price}}\times\text{Call price})+(\frac{\text{Maximum value }}{\text{1+Risk-free rate}})

also,

a standard contract has 100 shares

thus,

Call price = Value of contract ÷ 100 shares

or

Call price = $1,330 ÷ 100  = $13.30

Thus,

Current value of stock = (\frac{\text{86-65}}{\text{86-78}}\times\text{13.30})+(\frac{\text{86}}{\text{1+0.03}})

or

Current value of stock = ( 2.625 × $13.30 ) + $63.1068

= $98.0193 ≈ $98.02

6 0
3 years ago
The IPO process involves several entities, such as the issuing company, institutional investors, brokers, lawyers, regulators, r
Masteriza [31]

Answer:

The IPO Process

One of the underwriters in the IPO deal described above is.

a. J.P. Morgan Securities Inc.

Explanation:

J.P. Morgan Securities Inc. and the following underwriters, Goldman Sachs & Co., Bear Stearns & Co. Inc., Credit Suisse First Corporation, and Lehman Brothers Inc. was involved in the Initial Public Offering (IPO) in 1999, where $3.6 billion was raised in the United States and Canada.  An underwriter is a financial specialist, working closely with the issuing houses to determine the initial offering price of the securities.  The underwriters usually buy the securities from the issuer and then sell them to investors using its distribution network.

5 0
3 years ago
A company produces 3 products that use labor and raw material. The labor usage, raw material usage, and profit per pound produce
Gekata [30.6K]

Answer:

sea 100% la materia prima disponible

si consume el 40% lo que le queda es 60%

60% < > 40% + 57

20% < > 57

si el 20% es 57 el 100% es 57 x 5 = 285kg

Explanation:

8 0
3 years ago
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