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Bad White [126]
3 years ago
5

FAW Group is an automobile manufacturer known for producing efficient, durable, and low-priced cars. Recently, the company launc

hed a new range of luxury cars to broaden its market appeal and to add prestige to its existing line of cars. This is an example of ________.
Business
1 answer:
katovenus [111]3 years ago
7 0

Answer:

Diversification

Explanation:

Diversification is a type of growth strategy that has the goal of broaden the type of products that a company offeres.

FAW Group is engaging in a diversification strategy, because it is opting to produce a luxury car, which is not typical of the company, because it specializes in low-priced, reliable cars. The goal of this strategy is to reach the higher-income people who seek luxury over cost or realibility.

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You are a delivery manager introducing a new product from your unit to the market. What steps should you take to mitigate any IP
schepotkina [342]

Answer:

Explanation:

There are various steps that you should take to make sure that your product does not violate any IPs. First, you should make sure that those involved with the product sign an NDA. This document prevents these individuals from talking about the product with others, which prevents it's details from leaking and allowing competitors to beat you to market by releasing their own version of your product first. The other step that you should take would be to patent the design and trademark the name of the product. Doing so will make sure that the product is unique and that it does not interfere with already existant IP's, as well as preventing others from infringing on your product.

3 0
3 years ago
The net operating loss (NOL) provisions of the Internal Revenue Code a.Are primarily designed to provide relief for trade or bus
Amanda [17]

Answer:

The correct answer is letter "B": Are primarily designed to provide relief for trade or business losses.

Explanation:

The Net Operating Loss or NOL was enacted to offset the differences between taxpayers' deductions due to progressive rates involved in tax calculations. The excess accounted are used as part of tax payment for the company's future tax periods. NOLs could be the result of theft, confiscation or trades. Thus, NOL provisions attempt to partly cover those business losses.

7 0
3 years ago
Explain why the monopsonist's marginal-revenue-product curve is downward sloping. Include the role of the price for the final go
alekssr [168]

Answer:

A monopsony is market where there is only one buyer, e.g. the government is the sole buyer for nuclear submarines in the US.

The demand curve of a monopsony is similar to the demand curve of any other type of market, i.e. it is downward sloping. Since there is only 1 buyer, the demand curve is also the supply curve. If the monopsonist wants to increase the quantity demanded at a lower price, the supplier (or suppliers) must be able to lower its costs and that generally results in lower labor costs.

3 0
3 years ago
Which of the following countries contributes the least amount of aid to foreign countries and multinational organizations based
katrin [286]

The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.

<h3>How much aid does the U.S. contribute?</h3>

The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.

The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.

Options for this question include:

A. United Kingdom

B. United States

C. Germany

Find out more on aid to foreign nations at brainly.com/question/769309

#SPJ1

4 0
2 years ago
Bryan manufacturing had sales of $4,000,000 and net operating income of $700,000. operating assets during the year averaged $600
katen-ka-za [31]
ROI as a financial ratio is calculated as follows:
ROI = Net profit/Total investments

In the current case,
Net profit = Net operating income = $700,000
Total investments = Operating assets = $600,000

After purchasing the new machine,
Total investments = 600,000*1.08 = $648,000

Therefore, the new ROI is;
ROI = 700,000/648,000 ≈ 1.08 = 108%
7 0
3 years ago
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