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dedylja [7]
2 years ago
14

Innovation takes dedicated effort and resources, and organizations that are successful at it tend to be set up in ways that natu

rally foster innovation.
a. True
b. False
Business
1 answer:
ratelena [41]2 years ago
5 0

Answer:

a. True

Explanation:

Innovation is an essential concept for today's companies, which need to position themselves and stand out in a globalized and highly competitive market.

Therefore, it is correct to say that innovation is a strategy that companies use to develop their processes and organizational systems, in order to keep up to date with market and consumption patterns, exceeding the expectations of their stakeholders. Despite demanding continuous effort and resources, innovation starts to be naturally increased in the companies that develop it, because it impacts the organizational culture in a positive way, generating greater creativity, productivity and continuous improvement of all organizational processes, which impacts on the positioning of the company in the market and its profitability.

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Answer:

50,000

Explanation:

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2 years ago
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suggest promotional tools which the company can use to help it develop a completely new image for its product
vivado [14]

Answer:

The 4 Ps of marketing are product, price, place and promotion. All four of these elements combine to make a successful marketing strategy. Promotion looks to communicate the company’s message across to the consumer. The four main tools of promotion are advertising, sales promotion, public relation and direct marketing.

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3 0
2 years ago
China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These re
Snowcat [4.5K]

Answer:

C) equity strategic alliances.

Explanation:

100% correct

6 0
2 years ago
g Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an orde
Karolina [17]

Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the stores leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Columbian mild coffee beans, which are purchased from a distributor from New York City. Because Romans purchases large quantities the coffee beans may be purchased om an as need basis for the price of 10% higher than the market price the distributor pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Columbian Mild The composition of each coffee blend are as follows:

                                                             

Bean Regular                 DeCaf                      Blend

Brazilian Natural               75%                      40%

Columbian Mild                 25%                      60%

Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of 1000 pounds of Romans Regular coffee and 500 pounds of Romans DeCaf coffee. The production cost is $0.80 per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $1.05 per pound. Packaging costs for both products are $0.25 per pound. Formulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit.

Answer:

\mathbf{Max \ Z =  2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}

Explanation:

From the given information:

The total revenue can be illustrated as :

Total revenue = 3.6 BR +  4.4 BD + 3.6 CR + 4.4 CD

On the other hand; the total cost  of the beans is:

= 1.1 (0.47 BR  + 0.47 BD + 0.62 CR + 0.62 CD)

=  0.517  BR + 0.517 BD + 0.682 CR + 0.682 CD

Also; The total production cost is :

= 0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD

The total profit  = Total revenue - Total Cost of Beans - Total Production Cost

The total profit  =  \left[\begin{array}{}3.6 BR   + 4.4 BD + 3.6 CR + 4.4 CD\\- (0.517  BR + 0.517 BD + 0.682 CR + 0.682 CD)\\-(0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD)\end{array}\right]

The total profit  = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD

Therefore the  linear programming model represents the Objective function of the total profit as:

\mathbf{Max \ Z =  2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}

3 0
3 years ago
If Project Repat were to acquire another firm that makes or sells similar products in similar markets, it would be an example of
SVEN [57.7K]

Answer:

b. Horizontal merger.

Explanation:

Project Repat is merging with a company that produces similar products to its own markets them in similar markets as well, this is an example of a horizontal merger that results in increased synergies between the similar firms and a greater market share opportunity.

Vertical mergers are usually not in the same industry. They would either be with the suppliers of Project Repat or customers who retail Project Repat's products.

Conglomerate is an example of diversification and usually the merging firms have different operations.

There are no information of clashes of any sort within the two  merging companies so it is uncertain whether this is a hostile takeover.

Hope that helps.

3 0
3 years ago
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