The question that corporate strategy helps managers understand is where should firm compete?
<h3>What is corporate strategy?</h3>
It should be noted that corporate strategy simply means a unique plan that helps a firm gain competitive advantage over others.
In this case, the question that corporate strategy helps managers understand is where should firm compete? This is important for the growth of the firm.
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Answer:
The correct answer is letter "C": produces products that are considered elastic.
Explanation:
Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.
Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.
If an air parcel is given a small push upward and it continues to move upward on its own accord, the atmosphere is said to be stable.
If a rising parcel of an air parcel is cooler than the encompassing surroundings it's going to generally tend to sink and returned to its original function. that is due to the fact cool air is extra dense or heavier than hotter air. that is known as stable air. If a rising parcel of air is warmer than the encompassing environment it's going to hold to an upward push.
The relative humidity reaches a hundred percent determined whilst the air parcel temperature cools all the way down to its authentic dew point temperature, similarly lifting and cooling results in internet condensation, forming a cloud at the environmental lapse rate.
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Profit-oriented approaches to setting a price to a good are those concerns or strategies that are used in order to determine what the price of a good would be.
There are three types of Profit-oriented pricing approaches and they include:
- <u>Target profit </u>
- <u>Target return-on-sales</u>
- <u>Target return-on-investment pricing.</u>
These are all used to create a balance to the profits made and the cost of a product. However, the return on sales is good because it makes predictions about demand for the product and makes a suitable pricing for the product.
Please note that your question is incomplete and i gave you a general overview which should help you get the correct answer.
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