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Karo-lina-s [1.5K]
3 years ago
15

Critically explain Robbins definition of economics?​

Business
1 answer:
arlik [135]3 years ago
4 0

Answer:

In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”

Explanation:

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DeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists wer
SpyIntel [72]

Answer:

Multi-Segment Marketing

Explanation:

As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing

4 0
3 years ago
After you have put a marketing plan in place,it is importantly to do what
statuscvo [17]
I found the options online. it would be to monitor the results
3 0
3 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
kirza4 [7]

Answer:

$10.08

Explanation:

First, find dividend per year;

D3 = 0.50

D4 = 0.50(1.35) = 0.675

D5 = 0.675 (1.35 ) = 0.9113

D6 = 0.9113 (1.07) = 0.9751

Next, find the present value of each dividend at 13% rate;

PV (of D3) = 0.50/(1.13^3) = 0.3465

PV (of D4) = 0.675/(1.13^4) = 0.4140

PV (of D5) = 0.9113/(1.13^5) = 0.4946

PV (of D6) = \frac{\frac{0.9751}{0.13-0.07} }{1.13^{5} } \\ \\ = \frac{16.2517}{1.8424}

PV (of D6 )= 8.8209

Add the PVs to find the stock price;

= 0.3465 + 0.4140 + 0.4946 + 8.8209

= $10.08

8 0
3 years ago
Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the ________.
Maslowich

Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the technological dimension. Therefore, the option C holds true.

<h3>What is the significance of technological dimension?</h3>

A technological dimension can be referred to or considered as the dimension that is driven heavily and dependent completely upon the forces of technological developments. It is an external factor for the changes in business organizations, or the industries at large.

Therefore, the option C holds true and states regarding the significance of technological dimension.

Learn more about technological dimension here:

brainly.com/question/14571379

#SPJ1

Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the

a. legal-political dimension b. economic dimension O c technological dimension O d. natural dimension

3 0
1 year ago
When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
cupoosta [38]

Answer:

The question lacks answers:

<em>a. overcoming reservations </em>

<em>b. generating and qualifying leads </em>

<em>c. the presentation </em>

<em>d. the preapproach </em>

<em>e. follow-up</em>

The answer is: a. overcoming reservations

The answer can be formulated as - handling objections

Explanation:

The sales presentation process usually follows the sequence:

<em>generating and qualifying leads  -> the preapproach  -> the presentation  -> overcoming reservations  -> closing -> follow-up</em>

The part of overcoming reservations is one of the most critical parts of the sales process, as it includes the addressing of the potential concerns a lead may have. This is the part when most salespeople end the whole process, as they are mostly not prepared to argument their sales pitch.

In this example, Patrick is confident and persistent in his efforts to emphasize the benefits of the system, even though the client expressed some concern about it. Patrick successfully overcame the client's reservations by explaining the benefits further.

6 0
3 years ago
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