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3 years ago

How is one product determined to specialize in between the two

Business

1 answer:

Paraphin [41]3 years ago

8 0

Answer:

Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services.

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Which of the following management orientations accurately characterizes a company that bases its decisions primarily on market r

Aleonysh [2.5K]

Answer: Geocentric orientation

Explanation:

The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.

A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.

7 0

3 years ago

Which of the following describes a likely outcome when teams effectively plan for data collection?a. The team may not collect en

Ne4ueva [31]

Answer:

b. Team members may collect data using different operational definitions

Explanation:

when teams effectively plan for data collection, they plan to collect data collect efficiently in order to achieve the aim of the data collection

An operational definition is how a researcher decides to measure variables.

when teams effectively plan for data collection, they can collect data using different operational definitions to be able to conduct their research more robustly

Outcomes of teams not planning efficiently for data collection

a. The team may not collect enough data

b. The data may not be valid

4 0

3 years ago

Your grandparents are talking about their retirement in a year. They told you that they should have enough in their retirement f

Afina-wow [57]

Answer:

Present value of annuity = 623,110.5

Explanation:

To determine present value of annuity of $50,000.

Annuity is fixed series of cash flows for a definite time period.

present value of money at the time retirement is

Present value of annuity = $Annuity * \frac{[1 - \frac{1 }{( 1 + r)^{n}}]}{r}$

where,

n of year of payment left to receive

r =rate of interest

Present value of annuity = $50,000 \times \frac{[ 1 - \frac{1}{( 1 + 0.05)^{20}}]}{0.05}$

Present value of annuity = 50,000 * 12.46221

Present value of annuity = 623,110.5

3 0

3 years ago

10. What happens during a bank run?

joja [24]

The thing which happens during a bank run is:

Customers attempt to withdraw more money than the bank has on hand.

This refers to the mass withdrawal of funds by a large number of customers where the banks are unable to pay everyone because they do not have the capacity to make such large withdrawals.

With this in mind, we can see that during a bank run, the main thing which pushes people is the fear of insolvency so that they would not lose their money.