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Lostsunrise [7]
3 years ago
6

Which of the following represents a competitive intelligence practice that is both legal and ethical? a. A city council member s

hares information about the decision process for selecting a contractor to build a new city council building with his wife, an executive with a construction firm bidding on the contract. b. A marketing manager sells confidential plans for a company's expansion into the Far East to a firm that is not a direct competitor. c. An executive attends a trade show solely to obtain a competitor's brochures, listen to sales pitches, and ask questions about the competitor's products. d. A firm hires a competitor's employees and asks them to share the names and addresses of business contacts from their previous company.
Business
1 answer:
taurus [48]3 years ago
5 0

Answer:

The correct answer is letter "C": An executive attends a trade show solely to obtain a competitor's brochures, listen to sales pitches, and ask questions about the competitor's products.

Explanation:

Competitive intelligence refers to the steps companies take to obtain information about their surrounding environment and competitors. If the attempt is to conduct competitive intelligence ethically and legal, top executives in charge should obtain as much information as possible from a <em>legitimate source</em> with the limitations that could imply <em>without compromising the company</em> in business not inherent to its operations.

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Two identical firms compete as a Cournot duopoly. The inverse market demand they face is P = 123 - 3Q. The total cost function f
Varvara68 [4.7K]

The price changed in this market will be mathematically given as

P=93

<h3>What is the price change in this market?</h3>

P = 123 - 3Q

Generally, the equation for the statement is  mathematically given as

P = 123 - 3Q

Therefore

\frac{d \pi}{ d \Q1}=123-6Q1-30Q2-3=0

Where

Q1=120-3Q2/6

Hence

Q1=120-3(120-3Q1/6)/6

Q1=13.333

In conclusion,

P = 123 - 3(2*13.333)

P=93

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5 0
1 year ago
SpeakEasy, a U.S. software company that specializes in voice-recognition software, wishes to rapidly enter the growing technical
bulgar [2K]

Answer:

<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>

Explanation:

  • As mentioned in the question, the market for technical translation software is basically dominated by firms producing differentiated or specialized products and services.
  • Now, considering that SpeakEasy is a completely new entrant in the market, it will be extremely difficult for the company to initially compete with the established market leaders or firms dominating the market.
  • Hence, SpeakEasy can perhaps consider acquiring or merging with some of the firms producing or specializing in voice-recognition software  that will eventually ease the burden of market competition or rivalry for the company and consequently,it can commercially and economically grow and prosper in the market by capturing new customers and expanding market share.
  • Mergers or acquisitions, in this case, would help the company to effectively focus on its specialized activities and conducts through knowledge sharing, economies of scale or lower average production cost,transfer or transmission of technological knowledge and exploration of new customer or client bases.
3 0
3 years ago
If you were applying for an upper-level management job at Pizza Hut in the Public Relations and Social Media department, working
garik1379 [7]

Answer: Honesty , relationship building skill and social media savvy

Explanation: other important competence requirements include; knowledge and research, multi tasking,attention to details, adaptation to change, strategic thinking, writing well, presentation skill and international mind set.

This above mention skills and requirements are important in considering a candidate for a public relationship and social media officer for Pizza Hut working under Chris Fuller.

4 0
2 years ago
What happens if you perm your hair after washing it?
natali 33 [55]
Its almost the same except your heir will be cleaner and fresher. somethimes it depends on your hair type and texture.
5 0
3 years ago
A state charges a 7% sales tax on non-grocery items.
zvonat [6]

Answer:

$8.75

Explanation:

The sales tax is on non-grocery  is 7%

Sales tax on an item costing $125 will be

=7% of $125

=7/100 x $125

=0.07 x $125

=$8.75

7 0
3 years ago
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