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Ket [755]
3 years ago
15

A company is suffering sales setbacks because a competitor has launched an identical product in the market. The company decides

to improve its product design by adding additional features that would differentiate its offerings from those of the competitors. In this example, the focus of change is ________.a. systemsb. technologyc. staffd. structure
Business
1 answer:
True [87]3 years ago
5 0

Answer:

b. Technology

Explanation:

Since the company decides to improve its product design by adding additional features It is only technological changes that is most likely.

What is a Technological Change?

Any change that results in increased efficiency of products and increase in output or production.

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Independent person

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To join together against and have nothing to do with a person, business, nation, employer, or anything else in order to coerce o
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boycott.

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Boycott -

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Read 2 more answers
how will this discount change the consumer surplus and producer surplus? will big top be more efficient?
Vinvika [58]

The potential producer surplus rises as the equilibrium price rises. Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve.

<h3>How do producer surplus and consumer surplus relate to one another?</h3>
  • The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The difference between the market price and the lowest price a producer will accept to create a good is known as the producer surplus.
  • The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The gap between the market price and the lowest price a producer is willing to accept is known as the producer surplus.

To learn more about producer surplus refer to:

brainly.com/question/14727592

#SPJ4

3 0
2 years ago
Amir buys a Baskin Robbins franchise. He has made a financial commitment and agrees to conduct business in accordance with Baski
madam [21]

Answer:

c.free equipment and training.

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The franchisor provides expertise which includes site recommendations, name recognition, accounting and management support. To ensure uniformity of brand it also gives building specifications and designs.

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- An agreed part of sales made

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