1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nastasia [14]
2 years ago
6

Lillypad Toys is a manufacturer of educational toys for children. Six months ago, the company's research and development divisio

n came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. Three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. What should Lilypad's managers prepare for next?a. increased competition from imitatorsb. a prolonged period of uncontested successc. a sharp decline in demand for the productd. a difficult struggle to move from invention to innovation
Business
1 answer:
Reptile [31]2 years ago
7 0

Answer:

Option A; INCREASED COMPETITION FROM IMITATORS.

Explanation:

Innovation occurs only when something is entirely new, having never been done before. Innovation also exist when something which may have been done elsewhere is done for the first time in a given industry.

On the other hand, when other competitors in the same industry subsequently copy the innovator, even though it is something new for them, then it is imitation.

When a company comes out with a new product, its competitors typically go on the defensive, doing whatever they can to reduce the odds that the offering will eat into their sales. Responses might include: cranking up marketing efforts, offering discounts to channel partners and even lobbying for regulations that would hinder the rival's expansion.

Therefore, Lilypad's managers should prepare for INCREASED COMPETITION FROM IMITATORS next.

You might be interested in
Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound
photoshop1234 [79]

Answer:

Contribution margin per pound

K1  - $16.90

S5 - $8.60

G9  - $10.40

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

The contribution margin per pound for each of the three products is the ratio of the contribution margin per unit of a product to the number of pounds required per unit of that product.

                                           K1                  S5                        G9

Selling price                      $147.39        $112.64                 $215.56

Variable costs                     $95.00       $92.00                 $149.00

Contribution margin            $52.39       $20.64                 $66.56

Pounds per unit                       3.1                2.4                       6.4

Contribution margin/pound  $16.90       $8.60                   $10.40

7 0
2 years ago
Gard Inc. has compiled the following information related to its five products. Costs of disposal are estimated to be 10% of sell
Ber [7]

Answer:

Item           Inventory at the lower-of-cost-or-market

 #1                                    $214.50

 #2                                  $240.00

 #3                                  $266.50

 #4                                   $315.00

 #5                                  $422.50

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See attached pdf file for the complete question.

Also note: See the attached excel file for the determination of the value of inventory by applying the lower-of-cost-or-market rule.

From the attached excel file, we have:

Item           Inventory at the lower-of-cost-or-market

 #1                                    $214.50

 #2                                  $240.00

 #3                                  $266.50

 #4                                   $315.00

 #5                                  $422.50

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
2 years ago
Describe your biggest achievement when you worked in team​
Annette [7]
Success because u are helping each other out and y’all could win
4 0
2 years ago
Read 2 more answers
A sponsor proposes research to evaluate reengineering a commercially available pacemaker. It is hoped that the new pacemaker wil
Darya [45]

Answer:True

Explanation:

A significant risk device presents a potential for serious risk to the health, safety, or welfare of a subject.

It is classified as Significant risk device since it hopes that the new pacemaker will pose fewer risks to individuals when compared to the current commercially available product.

4 0
2 years ago
How did the new world discovery build an interdependent global economic system? what were the distinctive roles played by europe
Anna35 [415]

New world discovery build an interdependent global economic system where each continent relied on the others to thrive. Role of Europe was to supply markets, capital, technology, Africa was to supply labor and America supplied raw materials (like metal and soil for sugar cane)

More about interdependent economic system:

Economic interdependence refers to the mutual reliance of those involved in an economic system who trade in order to receive the goods they are unable to create effectively on their own.

Such trading connections demand that a participant's actions have an impact on its trading partners, and it would be expensive to end the relationship.

Learn more about interdependent economic here:

brainly.com/question/4745456

#SPJ4

7 0
1 year ago
Other questions:
  • _________ are information systems that process​ operational, social, and other data to identify​ patterns, relationships, and tr
    8·1 answer
  • On January 1st, Great Designs Company had a debit balance of $1,450 in the Office Supplies account. During the month, Great Desi
    13·1 answer
  • Research studies indicate that:
    8·1 answer
  • 2. Swinnerton Clothing Company's balance sheet showed total current assets of $900, all of which were required in operations. It
    12·1 answer
  • In computing the present value of the lease payments, the lessee should Group of answer choices use its incremental borrowing ra
    13·1 answer
  • How do companies research potential new markets? Choose a global company who has a record of successful new market entry and exp
    7·1 answer
  • Suppose the amounts presented here are basic financial information (in millions) from the 2020 annual reports of Nike and adidas
    12·1 answer
  • Drag each tile to the correct box.
    9·1 answer
  • Tidy Limited purchased a new van on January 1, 2018. The van cost $40,000. It has an estimated life of ten years and the estimat
    8·1 answer
  • which of these line items appears on both the statement of stockholders' equity and the balance sheet?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!