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2 years ago

Why is it so important for all entrepreneurs to be prepared for changing technology

2 answers:

8 0

Because today's business are wholly dependent on technology for their survival.

This is especially in production, customer service, and marketing.

tino4ka555 [31]2 years ago

7 0

Answer: The correct answer is : Change is important for any company, otherwise the competitive advantage would be lost and the changing needs of customers could not be met. The change in technology tends to increase productivity and also helps to provide a better service. Change represents growth. It is necessary to keep up with the technology so as not to stay behind competitors.

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Which items are consequences of globalized trade for a developed nation that begins to import more goods and services from less-

Vaselesa [24]

Answer:

Globalization has resulted in great opportunities for businesses from less developed countries to take a hold over the more and much bigger markets from all over the world. Hence, the business over there has the opportunity for better capital flow, human capital, technology, larger export, and low-cost imports, And since they export their products at lower rates, the developed countries import from them more goods and services to save capital.

However,

1. These products lack quality.

2, And they are more prone to defects as well as wear and tear, as a developed country's technology is far superior to those of developing countries. However, now the developing countries are picking up the speed, and coming up with better technology to match that of developed, because of better education facilities, and proper training.

Explanation:

Please check the answer.

5 0

2 years ago

A random experiment with three outcomes has been repeated 50 times, and it was learned that E1 occurred 20 times, E2 occurred 13

enot [183]

Answer:

$P(E1)=\frac{20}{50}=0.4$

$P(E2)=\frac{13}{50}=0.26$

$P(E3)=\frac{13}{50}=0.34$

I used the relative frequency method

Explanation:

To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.

Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities

Event E1 occurred 20 times of the 50: $P(E1)=\frac{20}{50}$

Event E2 occurred 13 times of the 50: $P(E2)=\frac{13}{50}$

Event E3 occurred 17 times of the 50: $P(E3)=\frac{17}{50}$

8 0

3 years ago

Firms use various methods for identifying customers such as ________ and ________.

Rashid [163]

Answer:

The correct answer to the following question is option A) .

Explanation:

One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.

3 0

2 years ago

The Chicago Tribune's published article about BP led to Select one: a. an increase in BP's stock price b. protests c. the positi

never [62]

Answer:

B) Protests

Explanation:

5 0

2 years ago

The total demand for money is the sum of the transactions demand plus the ____________ demand for money.

Mkey [24]

Answer:

precautionary and speculative

Explanation:

Aggregating the transactional, precautionary and speculative demand for money, we get the total demand for money. This is sometimes known as the liquidity preference curve, and is inversely related to the rate of interest.

Total demand for money=Transactions demand+precautionary and speculative demand for the money

Therefore, the answer to the question is precautionary and speculative

5 0

2 years ago