Market penetration- quick diffusion and adoption of your product in the marketplace, incentives to be efficient, discouragement of competition and creation of goodwill
proud to development- keeping pace, seizing opportunities, providing opportunities and being newsworthy
market development- gaining new customers, increased revenue and company growth
diversification- minimizing risk of loss, preserving capital and generating returns
Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.
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Answer:
True
Explanation:
The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.
In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.
This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.
Answer:
cross price elasticity of demand = 1.8
Explanation:
cross price elasticity of demand = % change in quantity of X / % change in price of Y
cross price elasticity of demand = 9% / 5% = 1.8
When the cross price elasticity of demand is positive, it means that the products are substitutes. If the cross price elasticity is negative, then the products are complements.
Answer:
b. It creates equality throughout society
Explanation:
Specialisation & Trade refer to tendency of countries to produce goods of their specialisation & trade them with each other , rather than each country producing each good.
It leads to increase in productivity from knowledge specialisation, based on advantage (absolute, comparative) based production. It also makes people better off, increase in welfare due to choice expansion among differing preferences.
However, it is not in anyways connected to equality throughout society.
