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Mama L [17]
3 years ago
10

Erosion can best be explained as the:

Business
1 answer:
Tems11 [23]3 years ago
8 0

Answer:

A. loss of current sales due to a new project being implemented.

Explanation:

In business, erosion takes place when a new product or project competes with another product or project from the came company. This "internal" competition reduces the revenues and benefits from existing products or projects. It is basically a form of business cannibalization, where the left arm takes away from the right arm. E.g. newer smartphone models decrease the sales revenue from existing (older) models.

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Consider the following restaurants: Pizza Hut, Popeyes, and Taco Bell. When conducting a review on any business, the first thing
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Answer:

Strengths:

- Name recognition is the biggest strength.  

- they offer variety of products than its competitors  and the products    are of good quality at an affordable price.

Weaknesses:

- As it is being run as full-fledged restaurant overhead cost is high.  this means their overhead cost is higher.

- They mostly cover urban areas with a considerable population and customer segment.

Opportunities:

- They have further scope to increase their product line according to the location and increase the revenue.  

- Their facilities can be made more attractive and innovative to engage more customers.

- the business can lend and promote discounts to increase the satisfaction level of the customer.

Threats:

- increasing competition.

- Raising raw material price, especially dairy products that costomers want/need.

the business should work on:

The company has to focus more on new product development. Further, it is recommended to customize the taste of the product according to the local needs. Also, if the overhead cost is reduced by implementing modern and more economical infrastructure facility. The company has to make sure that, the facility also attract more customers. This would be added advantage to provide more offers and discounts to the customer. Hence this would increase customer satisfaction and bring more loyal customers.

Explanation:

6 0
3 years ago
3. Name two different market structures. Describe how and why they each have a different competitive situation.
xz_007 [3.2K]
Market structure is defined with characteristics of the market and there are four different market structures: perfect competition, oligopoly, monopoly and contestable market. 
<span>Perfect competition is a market structure in which there is a large number of small firms who produce identical goods otherwise known as homogenous goods and it has a lot of buyers. The competition between these firms is huge, because they are many firms and each of them wants to attract more buyers.</span>
Oligopoly is a market structure in which there is a small amount of large firms, for example the supermarket industry. There are not so many buyers as in the perfect competition, but buyers can still choose from which supermarket, for example, they will buy. So there is a competition between the firms.
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why would an email rule memo like this work better as an innovation driven company such as Tesla rather than at a manufacturing
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Answer:

Sorry I think brainest could do it again sorry

5 0
2 years ago
Capital budgeting is the process of analyzing: Group of answer choices Cash outflows only. Investments with certain outcomes onl
yanalaym [24]

Answer:

Long-term investments.

Explanation:

Capital budgeting can be regarded as process that is been utilized by business in determining the type proposed fixed asset purchases that need to be declined or should be accepted. This process helps in creating quantitative view as regards the proposed fixed asset investment, so that rational basis to make make a judgment can be surfaced. It should be noted that Capital budgeting is the process of analyzing Long-term investments.

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