Answer:
The correct answer is: competitive.
Explanation:
Monitoring competition is something that every entrepreneur must do frequently. You will not want to simply follow what they are doing.
But you will want to know how the market is reacting, know what the latest trends are, the position they occupy and occupy and know how to plan to always be one step ahead of everyone. This monitoring aims to find new possibilities and define objectives based on who you need to beat (or keep ahead).
Currently, we are in a world in which detailed research is very important and the internet is growing more and more. There are also a million different factors to consider when you're spying on the competition. And it is at this precise moment that these tools come into play.
In some cases, these tools also serve to monitor your own performance and then compare it with the valuable information of your competitors.
There are many tools to analyze the competition and spy on it. But the important thing, beyond knowing the ways to obtain the information, is to prioritize the data that most interest us in order to calculate the positioning that each one has in the market.
Answer:
Jessica calls her colleagues informing them about her new bakery business.
Explanation:
Answer:
d.
Explanation:
Asymmetric information refers to when one party in a transaction has a substantial more amount of information than the other party. This being the case it can be said that the scenario that would most likely be classified as this is a wireless service that includes unlimited minutes and texting. This is because the buyer is most likely thinking that they are getting a great deal when in fact the seller/provider has access to information that the buyer does not know, which allows them to provide this deal and still make a great profit.
Answer:
Increase sales force need and commence prospecting
Explanation:
With scenarios like existence in market for over two years, existence of untapped potentials in the sales unit, and a great marketing opportunity that abound with moderate pricing, such furniture business only requires to immediate prospecting to potential client whose needs are in tune with their furniture products and establish a proposal. Also, the sales force should practice the lead approach in their prospecting such that every discussion with an initial prospect should generate lead to three other persons. With this process and a fair market price in a competitive market, coupled with product quality will yield the expected turnover after a projected period.
Answer:
D. $10,000
Explanation:
The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!
