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
zlopas [31]
3 years ago
13

3M involves its customers in the process of developing new products. In this way, it can benefit from current customers' insight

s and develop new products that will meet these customers' needs. 3M is pursuing a __________ growth strategy.
a. product development
b. diversification
c. product penetration
d. market penetration
e. market development
Business
1 answer:
7nadin3 [17]3 years ago
8 0

Answer:

a. product development

Explanation:

Product development strategy is the method of introducing new products to customers, from idea to evaluation to delivery.... New product development approaches are intended to improve current goods in order to improve the existing industry or to develop new items that the customer is looking for.

You might be interested in
Who is most likely to threaten the security of a business?
Alex73 [517]

Answer:

B

Explanation:

Outsiders who were once employees

Because they have the inside information. And if your up to any tricks, they'll know! And you'll basically be at their liberty.

4 0
3 years ago
Which of the following statements will an auditor most likely add to the negative from of confirmations of accounts receivable t
MrRissso [65]

Answer:

The correct answer is letter "C": "If you do not report any differences with 15 days, it will be assumed that this statement is correct".

Explanation:

Accounts Receivable, or AR, is an accounting term used to refer to the money that is owed to a company by its customers. The customers, who may be individuals or corporations, are the debtors since they owe money for the goods or services provided by the company. When the product is sold in credit the company sets a number of days so that the customer can pay the bill amount. The term usually is 30, 60 or 90 days.

In that sense, and auditor may find 15 days suitable for a debtor for report changes in a statement, otherwise, it is considered as correct.

7 0
3 years ago
A three-month HP put option with an exercise price of $60 sells for a premium of $8. The put is in the money only if the price o
Mkey [24]

Answer:

less than $60 per share

Explanation:

A put option is the money when the exercise price is greater than the asset price, thus the put has to be less than $60

3 0
3 years ago
Read 2 more answers
When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates i
PtichkaEL [24]

Answer:

Flagon Transcontinental Corp.'s board of directors announced that it will pay a $1 million dividend in three months on this date - Declaration Date  On the declaration date, the firm announces that it will pay dividends. If the company is large, it pays for a press release on a newspaper, or even, on TV.

Transcontinental Corp. actually sent the dividend checks to stockholders on this date - Payment Date.

Self-explanatory, this is the date on which checks are sent to shareholders who were recorded eligible for payment on the record-date.

Flagon Transcontinental Corp.'s board of directors declared that whoever is listed as the owner of the stock on this date will receive the dividend for this year - Holder-of-Record date.

Also known as the record date, on this date, the firm determines which shareholders will receive the dividend.

Transcontinental Corp.'s board of directors set this date as the date on which the right to the current dividend no longer accompanies the stock - Ex-Dividend Date.

On this date, the value of the next dividend payment is substracted from the stock price. The Ex-Dividend Date is usually the day before the Record-Date, because shareholders that were found uneligible for dividend payment are now the holders of ex-dividend stocks.

7 0
3 years ago
"Suppose the government guarantees the price of carbon. At this price, the payoff after 1 year is $120,190 for sure. What is the
In-s [12.5K]

Answer: a. U.S. Treasuries with 1 year to maturity

Explanation:

The Government guaranteed the price of the carbon and the payoff is to be one year later.

The opportunity cost will therefore be a similar Government security to the payoff term of the carbon sale which is 1 year.

The Government security with a similar payoff term is the US Treasury bill with 1 year left till maturity and this will be the opportunity cost because instead of the Government issuing and paying out that security they will instead pay for the carbon.

4 0
3 years ago
Other questions:
  • Phillips Corporation purchased 1,000,000 shares of Martin Corporation's common stock, which constitutes 10% of Martin's voting s
    7·1 answer
  • J.D. formed Clampett, Inc., as a C corporation (calendar tax year) with J.D., Granny, and Jethro, Inc. (a C corporation) as shar
    10·1 answer
  • Which of the following statements is false? a. A multinational company pays taxes only in the country in which it is headquarter
    8·1 answer
  • A supplier is offering your firm a cash discount of 2 percent if purchases are paid for within ten days; otherwise, the bill is
    9·1 answer
  • Name one thing you're afraid of when you think of college and career.
    14·1 answer
  • William wrote a check for $150.00 for his gas bill, but he only has 96.26 in his checking account. What will happen to the check
    5·1 answer
  • Last year Attic charged $2,334,667 Depreciation on the Income Statement of Andrews. If early this year Attic purchased a new dep
    12·1 answer
  • ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock iss
    9·1 answer
  • For the backpack buyer, note the importance of each of the five main characteristics under PREFERENCES and consider each in term
    10·1 answer
  • In 2-5 paragraphs, describe how you plan to use at least one technology you learned about in the course in order to work more ef
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!