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Pani-rosa [81]
2 years ago
10

The production head at the Omnitone Paint Company would frequently stay back after office hours and experiment with new color co

mbinations even though this was part of the new product development team's job. As a result of these experiments, he came up with two new interior paint colors, foggy morning and mint julep. The new colors proved popular among test groups, and quickly became some of Omnitone's best-selling products. Which of the following strategies does this scenario best illustrate?
A) intended strategy
B) emergent strategy
C) unrealized strategy
D) tactical strategy
Business
1 answer:
Lady bird [3.3K]2 years ago
6 0

Answer: Emergent Strategy

Explanation:

An emergent strategy is an approach to take action not stated or planned in the initial stage but  emerges and develops  with time in an organization during an ongoing project  as the organisation changes and advances.

This realized strategy helps to  identify  unforeseen  circumstances that arises during implementation of task and therefore the organisation will have to incorporate the result from   new  strategy which will be beneficial in the long run especially for future purposes.

Here in Omnitone organisation, the coming up with new colors during experimenting with colors which became popular  showed implementation of  emergent strategy.

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Nibbles pet food corporation is in the process of developing its new market strategy. the marketing team has already established
Semmy [17]

The marketing team need to <u>"create a promotion strategy to increase customer awareness."</u>


Promotion is the point at which a business chooses which types of communication it needs to use in their marketing plan. Research is done that points of interest statistical surveying, division, and spending plan. Huge organizations may complete a national crusade, particularly if the brand is as of now well-known to the purchaser. Littler organizations, with less assets, may utilize coordinate offering until the point when they have a bigger spending plan for advertising.

5 0
3 years ago
Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest i
emmasim [6.3K]

Answer:

c. $326,948

Explanation:

we must determine the market price of the bonds:

market price = PV of face value + PV of coupons

  • PV of face value = $300,000 / (1 + 2%)¹⁰ = $246,104.49
  • PV of coupons = $9,000 (coupons) x 8.9826 (PV annuity factor 2%, 10 periods) =   $80,843.40

total market price = $326,947.89 ≈ $326,948

since the market rate is lower than the coupon rate, the bonds should be sold at a premium.

3 0
3 years ago
What is the term that describes a company's ability to maintain and gain market share in its industry?
FromTheMoon [43]

Competitiveness A company's ability to maintain and gain market share in its industry.

<h3>What is Competitiveness ?</h3>

Competitiveness is defined as an organization's capacity to execute its objective more successfully than competitor organizations' goods. The law of supply and demand tends to balance markets.

In the instance of business competitiveness, we can describe it as an organization's capacity to provide goods or services with a favorable quality-price ratio that ensures strong profitability while gaining client preference over competitors. Competitiveness ensures the company's long-term viability.

Competitiveness, as a motivator that motivates people to work hard, promotes personal development. Because such people do not want to be left behind in competition, they have an inner drive to study more, work more, and always improve on what they know or have.

To know more about Competitiveness  follow the link:

brainly.com/question/26491505

#SPJ4

8 0
1 year ago
The cost of sensors used in making digital cameras falls, while a successful ad campaign makes digital cameras more fashionable.
Wewaii [24]

Answer: Indeterminate; Increases

Explanation:

We know that sensors are used as an input in the production of digital cameras. So, if the price of sensors falls, as a result cost of production of digital cameras also falls. This will increase the supply of cameras and shift the supply curve rightwards.

At the same time successful ad campaign will make the digital cameras more fashionable and increases the demand for digital cameras. This will also shift the demand curve rightwards.

Hence, there is an increase in the equilibrium quantity but effect on equilibrium price is indeterminate because it will be depend upon the magnitude of the shift of demand and supply curve.

7 0
3 years ago
4. Explain examples of both professional and unprofessional communication.
lara31 [8.8K]

Answer:

Professional Communication: The term professional communication refers to the different forms of speaking, listening, gestures and writing to and fro in the workplace. It can be either in person or through emails or any other electronic communication.

Example: Listening carefully while someone is giving speech. Mobile on silent mode while in meeting.

Unprofessional Communication: The term unprofessional communication refers to the different forms of speaking, listening, writing and gestures in a casual manner which seems to be rude and not up to the mark.

Example: Verbally interrupting is an unprofessional method of not listening. Mobile phone rang in a meeting.


4 0
2 years ago
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