Answer:
The maximum amount of profit that GSK can earn under these conditions is $6400.
Explanation:
Profit will be maximized when p = MC. GSK's MC is $2. Consumers willingness to pay is $10.
maximum profit can be earned = (10 - 2)*800
= $6400
Therefore, The maximum amount of profit that GSK can earn under these conditions is $6400.
Answer: C.one product and multiple market segments.
Explanation:
Sporting News Baseball Yearbook is using the One Product and Multiple Market Segments marketing strategy.
By using the SAME story but putting a DIFFERENT star in each cover to cater for DIFFERENT segments across the nation, they are hoping to Target multiple segments with the same product.
This Marketing strategy boosts sales while keeping Differentiation costs at a minimum because the product need not be differentiated to cater for different segments, only the market strategy needs to.
Answer:
invest, save and make passive income
Explanation:
I think the best way to earn money is to invest even if you don't have money there are a lot of ways that you can earn starting from 0. if you made it in your first thousand I think it's the best if you save it from now and use it in future investment even if you have enough you can now earn and even hire people from your business (if you want to start one) and you can invest at the same time you can have now a passive income from your business adding that to your investment which you will earn more and grow your business.
That statement is false
Strategic performance evaluation monitors all activities that could influence company's productivity, including the external sources.
In fact, external sources could contribute greately in company's performance. For example, Government could suddenly lower tax-rate for trading with a neighboring country where company obtain most of its raw material.