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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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Not adjusting the amounts reported in the financial statements for inflation is an example of which basic principle of accountin
Kaylis [27]

Not adjusting the amounts reported in the financial statements for inflation is an example of Monetary unit basic principle of accounting.

What is Monetary unit?

The monetary unit principle stipulates that only transactions that may be stated in terms of a currency should be documented. In other words, non-quantifiable items shouldn't be recorded in the financial statements of a company. Money has become a common measurement unit in accounting over time.

Therefore,

Not adjusting the amounts reported in the financial statements for inflation is an example of Monetary unit basic principle of accounting.

To learn more about monetary unit from the given link;
brainly.com/question/13415456

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8 0
2 years ago
Maizie files a suit against NuProducts, Inc. NuProducts responds that even if Maizie's statement of the facts is true, according
ycow [4]

Answer: 3. a motion to dismiss.

Explanation:

When a party believes that a case has no legal basis, in other words the party does not believe that what they did warrants a court case, they would file a motion to dismiss so as not to waste resources fighting something they see as frivolous.

In this case, NuProducts is essentially filing a motion to dismiss when they say that they did nothing wrong according to the law. They would prefer if the courts simply dismissed the case so that they would not incur costs to fight the case.

4 0
3 years ago
What is effective demand?
Ahat [919]
The level of demand that represents a real intention to purchase by people with the means to pay
5 0
2 years ago
According to their comparative advantage: a. Wilson should decorate cupcakes and Kendall should decorate cookies. b. Kendall sho
blsea [12.9K]

Answer:

B.

Explanation:

This economic law was recognized by a political economist, David Ricardo in his book, ‘Principles of Political Economy and Taxation’ in 1817.

Comparative advantage refers to the ability of a country to produce particular goods or services at lower opportunity costs as compared to the others in the field.

According to this law, if Kendall is good at decorating cupcakes and Wilson is the best at decorating cookies, then Kendall should decorate cupcakes and Wilson should decorate cookies becuase they can do it with lower costs.

The following are the assumptions of the Ricardian doctrine of comparative advantage:

-There are only two countries, assume A and B.

-Both of them produce the same two commodities, X and Y.

-Labour is the only factor of production.

-The supply of labour is unchanged.

-All labour units are homogeneous.

-Tastes are similar in both countries.

-The labour cost determines the price of the two commodities

-The production of commodities is done under the law of constant costs or returns.

-The two countries trade on the barter system.

-Technological knowledge is unchanged.

-Factors of production are perfectly mobile within each country. However, they are immobile between the two countries.

-Free trade is undertaken between the two countries. Trade barriers and restrictions in the movement of commodities are absent.

-Transport costs are not incurred in carrying trade between the two countries.

-Factors of production are fully employed in both the countries.

-The exchange ratio for the two commodities is the same.

7 0
3 years ago
Which of the following is a trait shared by most successful entrepreneurs? They quit when things get too confused. They can get
DENIUS [597]

Answer:

THEY CAN GET ALONG WITH MOST PEOPLE.

Explanation:

To be a successful entrepreneurs, there are some traits one has to emulate or have. Some of these traits are: passion, strong work ethic, strong people skills, determination, creativity, competitiveness, self starter, open minded, confidence, discipline.

Successful entrepreneurs are not quitters, they don't quit when things get too confusing, they look for solutions instead.

Successful entrepreneurs take responsibility because they are responsible and in control of their actions.

Successful entrepreneurs don't wait till they have to be pushed, they push themselves with hardwork and determination because if they don't, no one else will push them.

A successful entrepreneur is someone who has excellent communication skills (for selling products to customers and for motivating employees) for effectively communicating their mission and advice to others.

Therefore, the trait shared by most entrepreneurs is THEY CAN GET ALONG WITH MOST PEOPLE.

8 0
3 years ago
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