Answer:
a. architectural innovation.
Explanation:
From the question we are informed about Canon who was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. In this case This example describes architectural innovation.
Architectural innovation can be regarded as innovation of an architecture which involves
reconfiguration of products technology that has been in existence so that improvement can be made. It is way to innovate products that can undergo changes as well as modified one that has its components link together.
Answer:
a competitive price
Explanation:
a competitive price
A four firm concentration ratio being just 20% shows and it is not mentioning any monopoly. Also a Herfindahl index of 600 is considered low
therefore a firm in mentioned industry likely to have a competitive price as lot of firms are competing with same market shares.
competitive price is referred to that tactics where all competitor sells all items at same price.
<span>Jeb was defining segments using DEMOGRAPHIC considerations.
There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral
Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.
People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license.
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The answer is true hope this helps you
Answer:
Variable costs; Diminishing marginal returns; Fixed costs; Do not change.
