1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
9

Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at

tributes of this market:
a. network externalities
b. multi-housing costs
c. level of differentiation across the firm's offerings
Business
1 answer:
emmasim [6.3K]3 years ago
8 0

level of differentiation across the firm's offerings

Answer: Option C.

<u>Explanation:</u>

Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.

More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.

You might be interested in
When the physical product cannot be easily differentiated, the key to competitive success may lie in adding valued services and
Sergio [31]

Answer:

The correct answer to the following question is Customer training .

Explanation:

When it is not easy to differentiate between the products, what business can do to get competitive advantage is to add some valued services with the product and improve the quality of the product. The service that can be added are order easing , customer training, customer consulting, deliver, installation, maintenance and repair.

Here customer training means providing the customers with necessary training and tools , which would help them in successfully using the product and services.

4 0
4 years ago
As an IT consultant, you should learn as much as you can about the client’s business, including the impact of the Internet on th
erik [133]

Answer:

The business issues have been researched and given thus:

Explanation:

While planing to expand their capacity to an additional 6 locations, Budget Travel should consider the following:

​Do they have staff at the new locations? Can they hire or transfer well trained and experienced staff to handle these new locations?

what time zones are they considering? Is there likely to be a problem managing operations in these zones?

What expenses will they have to incur at the new locations in terms of office space and set up

Can the client management software be used at an additional 6 locations? Will they need to ask the IT company for further customization? If yes, what will it cost?

Lastly a cost benefit analysis should be carried out to see if it is worthwhile

The company may need to move their high performers to these locations to help overcome the initial teething problems. This could cause these individuals to get stressed out with excess travel, living away from home and working long hours. The benefits offered to these employees should be high. at the time, care should be taken to ensure the staff are well rested and motivated. Expectations are naturally going to be high, but performance evaluation should be carried out in a friendly and supportive manner using the two-way feedback mechanism, where the employee can give his explanation for performance issues and challenges.

It is required that the company establish a system baseline before integration of the six sites. this will give all executives and managers greater clarity and ability to perform. A dysfunctional system is the cause of failure in any MNC and it can cause a complete breakdown in operations at a well respected company like Budget Travel

4 0
4 years ago
Which career professional is not part of the Business, Management, and Administration career cluster?
LUCKY_DIMON [66]

Hello!

<u><em>The answer should be the last options.</em></u>

Explanation: Human Resources Director is part of the business, management, and administration career clusters. Assistant to the Chief Executive Officer is part of the business, management, and administration career clusters. Business Accountant is part of the business, management, and administration career clusters. <em><u>Mathematics Instructor is "not part of the business, management, and administration career cluster".</u></em> Hope this helps! Thank you for posting your question at here on Brainly. Have a great day! -Charlie

4 0
4 years ago
Read 2 more answers
Susie buys two goods: rounds of golf and massages.Suppose that the price of a round of golf is $20 and the price of a massage is
AfilCa [17]

Answer:

D) Susie would buy more massages and fewer rounds of golf,as predicted by the substitution effect.

Explanation:

Let's check the utility that Susie gets from consuming these products.

The second round of golf gives her 20 units of satisfaction at $20 = 20/20 = 1

The third massage gives her 30 units of satisfaction at $30 = 30/30 = 1

But now the price the price for massage has come down to $15. The ratio of their prices would be

20/15 = 1.333

1.3 is greater than 1

So she should substitute golf for massages

6 0
3 years ago
A lawyer believes that the probability is .3 that she can win a discrimination suit. if she wins the case she will make $40,000,
yaroslaw [1]
Her expected gain is $7,000 based on the information shown on the question above. This problem can be solved by using the expected value formula which stated as EV = W*Pw-L*Pw where EV is the expected value, W is the win value, Pw is the probability of winning, L is the lost value and Pl is the probability of losing<span>. Calculation: 7,000 = (40,000-5,000)*0.3 - 5,000*(1-0.3)</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • An investment group bought a building with 12 apartments for $872,473. The apartments rent monthly: 3 @ $600, 3 @ $750, 3 @ $800
    5·1 answer
  • The first paragraph or part of a business letter is the .
    11·2 answers
  • Suppose Sally Smith plans to invest $1,000. She can earn an effective annual rate of 5% on Security A, while Security B has an e
    12·1 answer
  • What are the items that can result in higher interest earned
    9·1 answer
  • The following credit sales are budgeted by Garcia Company:January $255,000February $375,000March $525,000April $450,000The compa
    7·1 answer
  • A divorced woman with 2 young children has just re-entered the workforce part time and earns $3,000 from this work. She collects
    8·1 answer
  • Which of the following is correctly matched? Select one: a. equilibrium - balance of inputs and outputs b. steady state equilibr
    5·1 answer
  • David, a ten-year-old, purchased a plastic snow sled from Qmart. He went sledding, lost control, hit a tree, and was injured. Da
    9·1 answer
  • Mark the statements that are TRUE.
    7·2 answers
  • How might you balance personal values with the desire to make a profit?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!