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Flura [38]
3 years ago
14

BoundStar and ClipKlik are two of the biggest companies in the smartphone industry. When BoundStar launched a new ultra-slim sma

rtphone, ClipKlik also shortly launched a super-sleek smartphone. Phones launched by both companies are similar in quality and build. ClipKlik will be able to remain competitive in the market through BoundStar launched its phone before ClipKlik. Which of the following strategies was used by ClipKlik to defend its market share?
a. a response strategy
b. An amalgamation strategy
c. An acquisition strategy
d. A recovery strategy
Business
2 answers:
Anna007 [38]3 years ago
8 0

Answer:

Response strategy

Explanation:

Response strategy is defined as the action you take to deal with a risk. This can be done by improving on processes from competitors or ensuring that the risk does not occur.

An appropriate response strategy is key to maintaining competitive advantage of a business.

In the given instance BoundStar launched a new ultra-slim smartphone, ClipKlik also shortly launched a super-sleek smartphone. The features of the phones and their quality is similar.

ClipKlik used an effect response strategy to maintain competitive advantage even if BoundStar released their phone first.

LekaFEV [45]3 years ago
7 0

Answer:

The corret answer is :  A) a response strategy

Explanation:

It refers to a type of marketing strategy that takes immediate action and opts into the advertiser's offer. It also compels a high-quality prospect to do it.  This one targets a niche audience and uses compelling messaging to get an immediate response in possible clients

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2. If information is disseminated, what happens to it?
Molodets [167]

Answer:

b

Explanation:

by definition, disseminate means to distribute or broadcast information

4 0
3 years ago
At higher prices, the price elasticity of demand is likely to be ________, whereas it is likely to be ________ at lower prices.
Black_prince [1.1K]

Answer:

2. elastic; inelastic

Explanation:

The price elasticity of demand, the amount consumers demand from a particular price are different for each good or service, and when the price changes, the response shown as the change in the quantity requested is different for each good (even at a different price level for one good).

In the face of price changes, the severity (or degree of sensitivity) of the reaction of consumers in the form of changing the amount they buy against this change is measured by the price elasticity of the demand, which is also called demand elasticity. This flexibility is expressed by a coefficient.

The price elasticity coefficient of demand is equal to the ratio of the percentage change in the quantity demanded to the percentage change in price in the face of a small change in price.

The Price elasticity will be elastic when it equals or more than 1, if not it will be inelastic with the amount of less than 1.

6 0
3 years ago
When there is a technological advance in the ice cream industry, consumer surplus in that market will?
Nina [5.8K]

When there is a technological advance in the ice cream industry, consumer surplus in that market will increase.

Technology is the result of accumulated knowledge and the application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all mechanical and electronic devices, with or without detailed knowledge of their function, for the intended purpose of an organization. The technology of society consists of so-called systems. A system works by taking input, modifying that input through what is called a process, and producing a result that achieves the intended purpose of the system.

The earliest and simplest form of technology is the development of knowledge leading to the application of basic tools. The prehistoric invention of carved stone tools and the discovery of ways to control fire increased the food sources available to humans. This led to mobile technologies that helped exchange information and raw materials more quickly. Humanity then proceeded to develop the printing press, telephones, computers, and the Internet.

Learn more about technology here: brainly.com/question/25110079

#SPJ4

6 0
2 years ago
Botosan Factory has budgeted factory overhead for the year at $453,120, and budgeted direct labor hours for the year are 384,000
Sloan [31]

Answer: $412,292

Explanation:

First compute Overhead Absorption Rate = Budgeted Overhead divided by Budgeted Activity Level

In this question the activity level is Direct Labour Hours (DLH) which is the basis for allocating overhead.

budgeted factory overhead for the year at $453,120, and budgeted direct labor hours for the year are 384,000.

$453,120 divided by 384,000 DLH =$1.18

Overheard to be allocated for May is OAR * Actual Activity level

$1.18*349400= $412,292

This is the amount to be allocated to may

7 0
3 years ago
Read 2 more answers
The following are several of the accounts from a recent balance sheet.
Burka [1]

Answer:

<u>Account Name</u>      <u>Balance Sheet Classification</u>    <u>DR or CR Balance </u>

1. Accounts Receivable                    CA                       Debit

2. Prepaid Expense                    CA                        Debit

3. Inventories                                    CA                       Debit

4. Long-Term Debt                   NCL                 Credit

5. Cash and Cash Equivalent    CA                 Debit

6. Accounts Payable                    CL                 Credit

7. Income Tax Payable                    CL                 Credit

8. Contributed Capital                    SE                         Credit

9. Property Plant and Equipment    NCA                 Debit

10. Retained Earning                    SE                  Credit

11. Short-Term Borrowing            CL                 Credit

12. Accrued Liabilities                    CL                 Credit

13. Goodwill (an Intangible Asset)  NCA                 Debit

 

Explanation:

6 0
3 years ago
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