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laila [671]
3 years ago
8

Recently, Darlene has found that they have begun to reach market saturation. She is having trouble finding new customers. One so

lution would be to increase the company's reach, perhaps by opening up locations in other areas. However, she knows this will be expensive. After noticing that many of their customers are planning on expanding and purchasing bigger facilities, Darlene feels that the best option is to increase the company's
Business
1 answer:
Black_prince [1.1K]3 years ago
8 0

Answer: a. share of customer

Explanation:

Share of Customer refers to the proportion of the total amount that a company gets out of money that a customer will spend in a certain category.

In other words, a company that has a greater share of customer from a particular customer will see that customer spend more of their money on them.

Share of Customer is improved by excellent working relationships with customers such that they will be loyal to you. Darlene should therefore strive for this so that their customers who are planning on more expansion will keep coming back to Darlene's company and spending more and more on them.

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Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
STatiana [176]

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

4 0
3 years ago
Read 2 more answers
What is the effect on market when suppliers under invest in their businesses​
yanalaym [24]

Answer:

  • Low supply
  • Scarcity
  • Low economic growth

Explanation:

When suppliers under invest in their business, they will end up having the capacity to only produce less than the market requires. Should this happen, supply will be reduced in the market which would lead to relative scarcity all else being equal.

For economic growth to happen, there must be increasing production in an economy so if suppliers are under investing and production is low, there might be low or no economic growth.

8 0
3 years ago
Which practice is considered unlawful? A. hiring young and inexperienced people B. disclosing private and confidential company i
trasher [3.6K]

Answer:

b disclosing private and confidential company information

Explanation:

its literally illegal

6 0
3 years ago
The type of planning that is concerned with developing detailed short-term actions about the allocation of resources and what is
Oliga [24]

Answer:

D. tactical

Explanation:

Tactical planning is concerned with the specific measures to take in order to carry out the more general strategy of the firm.

In Tactical planning, specific goals about what to produce, when to produce, how much to sell, for what price to sell it, and so on, should be laid out, and the plan should be evaluated constantly, to see if the goals were met.

3 0
3 years ago
When Crossett Corporation was organized in January, Year 1, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative
astraxan [27]

Answer:

a. $0

The company was organized in January, Year 1. They do not have to pay dividends because the company just started operations. The cumulative dividends are only to be paid at the end of the period so there is no dividend arrear here.

b. Preferred shareholders are meant to get:

= 4,000 shares * 50 * 6%

= $12,000 per year

As they are owed $12,000 from the first year and are now owed for the second, the dividends they will get is:

= 12,000 + 12,000

Preferred Dividends = $24,000

Ordinary shareholders get what is left:

= 25,000 - 24,000

= $1,000

8 0
3 years ago
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