Answer:
They'll consider implementing a low risk/low control strategy such as exporting.
High <u>debt to owner's equity ratio. </u>
This is total liabilities divided by total assets and shows a company's financial leverage, also known as their ability to handle current and future financial obligations.
Answer:
B. Homogenous product
Explanation:
Monopolistic competitive market is a market structure in which there are many sellers selling differentiated product.
Differentiated product are product that vary in taste or style. They are goods that can be substituted.
Monopolistic competitive firms gain some degree of market power by differentiating their products from those of other firms in the industry. Monopolistic competition firms achieve price control by selling a product that is in some way(s) different from close substitutes product.
Features of Monopolistic competitive firms
1. Existence of many sellers
2. Heterogeneous goods are sold
3. Existence of close substitute
4. Absence of barrier to entry of new firms and free exit to existing firms.
5. Existence of competitors.
Answer:
Personal Selling
Explanation:
Personal Selling is one of the elements of promotion mix which involves one to one sales communication with potential customers. Personal selling is one of the most effective promotion approaches because it can be tailored to meet potential customers needs, especially when sales of a particular product and service demands that.
In the case of IGM Technologies, personal selling would be the most likely used because of the complex technology that customers may not understand easily and need for sales personnel to educate potential customers about the product.
Others elements of promotion mix, such as advertising, public relations and mass marketing will be less effective as they don`t bring sales personnel close to potential customers as personal selling. And using any one of three other elements of promotion mix will not help potential customers to understand the complex technology, manner of usage and how to maintain the filtering system.
So personal selling will most likely be used.
The answer is true. By way of upbringing, unemployment compensation is a package that your state manages and which swaps some of your salaries when you lose your job. Each state's package is dissimilar. Maximum weekly assistances range from a little of about $200 to a high of about $600. In most states, you can acquire up to 26 weeks of benefits. Some states offer fewer; Georgia is the lowest at 18 weeks.