Marketing is essential to help businesses distinguish themselves from competitors in the market.

SpeakEasy, a U.S. software company that specializes in voice-recognition software, wishes to rapidly enter the growing technical

bulgar [2K]

Answer:

<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>

Explanation:

As mentioned in the question, the market for technical translation software is basically dominated by firms producing differentiated or specialized products and services.
Now, considering that SpeakEasy is a completely new entrant in the market, it will be extremely difficult for the company to initially compete with the established market leaders or firms dominating the market.
Hence, SpeakEasy can perhaps consider acquiring or merging with some of the firms producing or specializing in voice-recognition software that will eventually ease the burden of market competition or rivalry for the company and consequently,it can commercially and economically grow and prosper in the market by capturing new customers and expanding market share.
Mergers or acquisitions, in this case, would help the company to effectively focus on its specialized activities and conducts through knowledge sharing, economies of scale or lower average production cost,transfer or transmission of technological knowledge and exploration of new customer or client bases.

3 0

3 years ago

Which of the following is not an example of descriptive research? a respondent’s recent experience of job loss and how it has af

mixer [17]

Answer:

a respondent’s reason for not buying a particular product that was sent in the mail as a sample

Explanation:

8 0

3 years ago

Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni

Greeley [361]

Answer:

The budgeted sales for coastal division for second quarter 2019 is $750,000

The budgeted sales for central division for second quarter 2019 is $900,000

Explanation:

Coastal division sales budget for the second quarter 2019

Months Quantity sold price total revenue

April 25,000*40%=10,000 $15 $150,000

May 40,000*40%=16000 $15 $240,000

June 60,000*40%=24000 $15 $360,000

Total coastal division budgeted sales for second quarter $750,000

Central division sales budget for the second quarter 2019

Months Quantity sold price total revenue

April 25,000*60%=15,000 $12 $180,000

May 40,000*60%=24,000 $12 $288,000

June 60,000*60%=36,000 $12 $432,000

Total coastal division budgeted sales for second quarter $900,000

8 0

4 years ago

Read 2 more answers

The auditors of Steffey Ltd., decided to study the cash receipts and disbursements for the month of July of the current year und

creativ13 [48]

Answer:

Bal. June 30 Receipts Disbursements Bal. July 31

Balance per Bank 355,001 835,846 684,747 506,100

Deposit in Transit

June 30 86,899 -86,899

July 31 51,240 51,240

Outstanding Checks

June 30 42,690 -42,690

July 31 73,340 73,340

Unrecorded Receipts -150,000 -150,000

Unrecorded Disbursement -150,000 -150,000

Balance per Books 399,210 650,187 565,397 484,000

3 0

4 years ago

Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2013, Z-Mart made install

Tresset [83]

Answer:

Dr. Cr.

Sale

Account Receivable $300,000

Inventory $210,000

Deffered Gross Profit $90,000

Payment Receipt

Cash $135,000

Account Receivable $135,000

Profit Recognition

Deffered Gross Profit $40,500

Relaized Gross Profit $40,500

Explanation:

On sale a receivable is recorded and goods has been transferred to customer and its cost is been deducted from inventory. The Gross profit is deferred until the receipt of payment.

Deferred Profit = $300,000 x 30% = $90,000

Inventory cost = $300,000 - $90,000 = $210,000

Cash received from the customer, profit proportionated to the the cash receipt is realized gross profit.

Realized Profit = $135,000 x 30% = $40,500

5 0

3 years ago