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xenn [34]
4 years ago
6

organizations following a(n) ____ strategy try to both minimize risk and maximize oppurtunity for profit, moving into new produc

ts or new markets only after innovators have proven their viability
Business
1 answer:
VARVARA [1.3K]4 years ago
4 0

Answer:

Imitation.

Explanation:

Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability. Imitation strategy is one the most effective way of saving your time, energy and money. It is known as the low-cost strategy as well particularly when the option of choosing and selecting is too difficult or costly. This strategy has been widely and successfully used by many well-renowned brands, for example, Coca Cola, once has imitated RC Cola when they replicated their diet cola options, McDonald's has taken the idea of fast food chin from the White Castle.

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Answer:

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7 0
3 years ago
Industrialist who established standard oil
Ksju [112]
That would be John D. Rockefeller who gained control over the oil market by buying up small companies and sell oil at a significantly lower price to force his competitors to sell to him and them when he had majority control over the oil market he them just muscled the remaining out of business and then jack up the price on his oil to rake in huge profits. <span />
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3 years ago
Examples of organizational ____ assets include policies and procedures, guidelines, information systems, financial systems, mana
garri49 [273]

Examples of organizational process assets include policies and procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information.

6 0
3 years ago
The first step in creating your personal marketing plan is to conduct a career audit.
djverab [1.8K]

Answer:Personal marketing plan 1. Outline your distinctive price proposition. In selling, a press release that addresses distinctive variations between like product is thought as a “value proposition”. Triple-crown sales individuals knowledge to elucidate w

Explanation:

6 0
3 years ago
Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost
ANTONII [103]

In class 2 ., The Model D is the Top/ favorite one having highest market return (24%) with lowest inventory cost ($79)

Explanation:

To Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. simply we should calculate the profit margin for each category

Profit margin =  (market value - cost price) = Profit ÷ cost price × 100

Class 1:

Model A

46 $116 $139  

Profit margin = (139 - 116) = 23  ÷ 116 × 100 = 19.32%

Model B

49 243 239

Profit margin =  (239 - 243)= -4 ÷ 243 × 100 = - 1.65% (loss)

Model C

43 233 252

Profit margin =   (252 - 233) = 19 ÷ 233 × 100 =  8.15%

Class 2:

Model D

37 79 98

Profit margin =  (98 - 79) = 19 ÷ 79 × 100 =  24%

Model E

6 151 130

Profit margin =  (130 - 151) = - 21 ÷ 79 × 100 = -13.91 % (loss)

Result

In class 1

Model A is preferable., It has the lowest inventory value and has highest market value (Returns) at 19.82%

In class 2

Model D is preferable., It has the lowest inventory value and has highest market value (Returns) at 24%

Overall the Model D is the Top/ favorite one having highest market return with lowest inventory cost

3 0
3 years ago
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