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cricket20 [7]
3 years ago
9

State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but ca

n be everything to a selected few”.
Business
1 answer:
Olenka [21]3 years ago
8 0

Answer:

Yes the statement is correct.

Explanation:

The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.

Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.

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A college professor wants to know if the university students in the Unites States will find the new textbook that he has authore
matrenka [14]

Answer:

b. judgment sampling.

Explanation:

In this scenario, where he believes that this group of students will be representative of the university student population in the United States, the professor is most likely using Judgment or Expert sampling which is normally used in circumstances where the pointed population involves very intelligent people like student of the University of United States here who cannot be determined by using any different type of probability or non-probability sampling method.

4 0
3 years ago
Why would a large publically traded corporation likely prefer issuing bonds as a way to raise new money as opposed to issuing mo
Setler79 [48]

Answer:

B. more shares will dilute the existing value of the stock, causing its market price to fall

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

The reason a large publicly traded corporation would likely prefer issuing bonds as a way to raise new money as opposed to issuing more shares is because more shares will dilute the existing value of the stock, causing its market price to fall and may negatively affect by reducing the value and proportional ownership of the investor's shares in the corporation.

8 0
2 years ago
Joan Johnson is a paralegal for a large law firm that handles corporate and securities work. The lawyer for whom Joan works alwa
Mariulka [41]

Answer:

1. Based on her years of experience, Joan Johnson can answer the question by detailing the advantages and disadvantages of incorporating in each state for the client.

2. If Joan does not feel confident enough to address the question, then she can refer the matter to her supervisor.

3. If Joan answers, the client will derive immediate satisfaction and will be confident to continue the relationship with the firm.  This is because his awareness that the firm can address his questions is re-enforced.

4. If Joan does not answer the client immediately, the client may feel that the firm's personnel are not well-trained and are unable to handle not-too difficult technical issues.

Explanation:

A firm's clients usually require immediate clarifications whenever they ask their questions.  Therefore, an effective and efficient firm should ensure that its paralegal officers are well-trained and well-informed to handle initial client enquiries while the details are referred to their supervisors.

8 0
3 years ago
Hiv and aids disproportionately impact __________ nations. a. low-income b. high-income c. industrialized d. developed please se
Zolol [24]

Correct option is a: low income

Hiv and aids disproportionately impact low income nations.

Acquired immunodeficiency syndrome  or AIDS is a chronic and  potentially life-threatening condition  which is caused by the human immunodeficiency virus (HIV).

By damaging the immune system, HIV interferes with the  ability of the body  to fight with infections and diseases.

HIV is a sexually transmitted infection (STI). HIV can also be spread by contact with infected blood or it can also spread from illicit injection drug use or sharing needles of infected person.

It can also be spread from mother to child during pregnancy or at the time or  childbirth or breastfeeding.

To know more about HIV/aids here:

brainly.com/question/22072504

#SPJ4

4 0
2 years ago
Any arrangement in which the owner of a trademark, trade name, or copyright licenses another to use that trademark, trade name,
meriva

Answer:

The correct answer is: Franchise.

Explanation:

A Franchise is a company in which one party -<em>the franchisee</em>- gains access to the proprietary information, procedures, and trademarks of an established business -<em>the franchisor</em>. A franchise provides the opportunity to own a company while avoiding many of the initial challenges. The franchisee purchases the right to sell a product or service under an established brand name, the customer already knows the brand, so there is no need for additional resources to launch the products.

7 0
3 years ago
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