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RideAnS [48]
3 years ago
5

The country of Trevanvia goes through a period of recession, which leaves a large number of people unemployed due to extensive l

ayoffs by companies. The companies use the strategy of job termination to cut down their costs and reduce their output as the people are now more cautious with their spending. In the given scenario, the layoffs that take place exemplify _____.
Business
1 answer:
alexira [117]3 years ago
7 0

Answer:

Trough

Explanation:

Trough economic situation is when the recession is hardest and comes after the phase of contraction where growth slows, employment declines (unemployment increases), and pricing pressures subside.

Trough is characterized by large number of people being unemployed due to extensive layoffs by companies in order to cut down their costs and reduce their output during the period of economic decline

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Turkey Hill Motor Homes currently sells 1,200 Class A motor homes, 2,600 Class C motor homes, and 4,000 pop-up trailers each yea
Colt1911 [192]

Answer:

The erosion cost = $ 49,190,000

Explanation:

Given:

Class A motor homes sold = 1,200

Class C motor homes sold = 2,600

pop-up trailers sold = 4,000

if the new camper is added,

decline in class A sales = 10%

Decline in class C sales = 2,100 units

Average cost of class A motor homes = $ 162,000

Average cost of class C  homes = $ 59,500

Selling price for the pop-ups = $ 5,500

cost of the new mid-range camper = $ 32,900

Now,

Erosion cost is given as = Total decline in revenue from the sales

= (Decline in class A sales × Average cost of class A motor homes ) + (Decline in class C sales × Average cost of class C motor homes )

Erosion cost = ( 0.10 × 1,200 × $ 162,000 ) + ( (2,600 - 2,100) × $ 59,500 )

or

Erosion cost = 19,440,000 +  29,750,000

or

The erosion cost = $ 49,190,000

3 0
3 years ago
Pam and Marian have formed a limited partnership in the state of Massachusetts. Their business does well, and as it continues to
Serga [27]

If Pam and Marian are successful in their application to New Hempshire and Connecticut, they will get a Certificate of Registration.

<h3>What is a certificate of registration?</h3>

This is a legal document that is issued by the government of an area to show that a company can operate in the area because they have met the necessary requirements.

If Pam and Marian are cleared by the Connecticut and New Hampshire states, they will get Certificates of Registration.

Find out more on Registering a business at brainly.com/question/26101756.

#SPJ12

8 0
2 years ago
Teams comprised of people from various disciplines are a primary component of ________, which involves product and process desig
nikitadnepr [17]

The answer in the space provided is concurrent engineering. It is because concurrent engineering is the one responsible of having to lead improvement in regards of the organization or company’s reduced cost or its productivity in which is helpful and could brought it for their own benefit.

8 0
3 years ago
The _________ strategy involves a firm using different marketing mix activities to help consumers perceive the product as being
nadezda [96]

Answer:

product differentiation

Explanation:

A product differentiation strategy focuses on distinguishing your company's products or services from the competition. The company must add meaningful and valued differences that will distinguish our product or service in order for our customers to view them as different or better. The goal of a differentiation strategy is to gain a competitive advantage since customers associate differentiated products to higher quality products.

7 0
3 years ago
BruceCo competes in the premium coffee market in the San Francisco area. The biggest competitor, Starbucks controls 48% of the m
kicyunya [14]

Answer:

market share

Explanation:

The market share of a product or business is the portion of the total market that it controls. Market share is usually measured as a percentage of the total market's sales. To calculate market share you need to divide your product's total sales by the market's total sales.

In this case, for every $100 sold by the total coffee market in San Francisco, BruceCo sells $1.

5 0
3 years ago
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