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Nastasia [14]
3 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]3 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.

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Can i return something to walmart without a receipt?
nevsk [136]

Answer:

Walmart's return policy

Normally, items purchased in our stores or on Walmart.com may be returned or exchanged within ninety (90) days of purchase with or without a receipt.

Explanation:

☺

7 0
2 years ago
Which of the following statements supports multiple sourcing:
Makovka662 [10]

Answer:

Concerns exist about supplier capacity for future volume.

Explanation:

The multisourcing is a method in which the supplier base is expanded increasing the actual number of suppliers, because the needs of the company are increasing.

Advantages:

-Alternative sources of materials in case of delivery stoppage by a supplier.

-Reduced probability of bottlenecks due to insufficient production capacity to meet peak demand.

- Increased competition mong suppliers leads to better quality, price, delivery, product innovation and buyer´s negociation power.

-More flexibility to reat to unexpected events that could endanger supplier´s capacity.

Disadvantages:

-Reduced efforts by supplier to match buyer´s requirements.

-Higher cost for the purchasing organization (greater number of orders, telephone calls, records, and so on).

3 0
3 years ago
When a business sells more than one product at varying selling prices, the business's break-even point can be determined as long
makvit [3.9K]

Answer: c. there is no limit

Explanation: There is no limit to the number of products sold at varying prices when determining the business's break-even point. The break even point is defined as that volume of production where total costs (fixed and variable costs) equals total sales (revenue) resulting into a no-profit no-loss situation.  As a result, when output falls below that point there is loss; and if output exceeds that point there is profit.

6 0
3 years ago
Read 2 more answers
instead of only meeting the goals of upper management, malcolm could have also tried to meet the goals of his team members. this
swat32

Instead of only meeting the goals of upper management, malcolm could have also tried to meet the goals of his team members. This is known as servant leadership.

What is servant leadership?

Servant leadership is a leadership philosophy in which the aim of the leader is to work. This differ from traditional leadership where the leader's main goal is the thriving of their company or organization. A servant leader shares power, puts the wants of the employees first and helps people develop and perform as highly as possible.

Servant leaders are very values-based and mission-driven.

Learn more about servant leadership here:

brainly.com/question/27806974

#SPJ4

5 0
1 year ago
The McDonaldization of society refers to the:
puteri [66]

Answer:

A)

Explanation:

obesity epidemic in American society increased uniformity and rationality of society

6 0
3 years ago
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