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Paraphin [41]
3 years ago
6

Over the course of 40 years, Sal grew his company to six package shipping stores. With his retirement approaching and the increa

sed competition, he decided to reduce the number of locations to two. Sal's reduction of effort represents a _________.
Business
2 answers:
ad-work [718]3 years ago
8 0

Answer:

Defensive strategy

Explanation:

Defensive strategy is the kind of strategy or technique which is defined as tool of marketing which help the companies in retaining or keeping the valuable customers or consumers, that could be taken away by the competitors.

Competitors is defined as those firms or business or other firms who located in the category of same market or sell the similar products to the same group or segment of people.

So, in this case, the company reduced the number of locations because of retirement approach and increased competition in the market. Therefore, it represent the defensive strategy.

tiny-mole [99]3 years ago
7 0

Answer:

Defensive Strategy

Explanation:

Defensive strategy: It is a marketing tool used to defend it´s existence in market that help the company to retain existing customer, market share and profit from going away to the competitors in the same teritory.

In the given case, Sal have reduced the number of business location to two as a defensive strategy, citing his retirement approaching and the increased competition.

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Explanation:

The accounting equation is presented below:

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Total               $20,000  $1,000              $4,000                               $17,000

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3 years ago
The balanced scorecard does not use financial or nonfinancial measures. incorporates financial and nonfinancial measures in an i
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This method assists in a more active management, aimed at a greater vision of business systems and the possibility of managing strategic actions so that the company remains competitive and innovative in the long run.

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First of all, the larger amount of money would increase the inflation rate since aggregate supply hasn't increased. The number of goods and services offered do not vary, then only thing that varies is the amount of disposable money.

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