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prisoha [69]
3 years ago
12

Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves an

d react appropriately. For example, managers gain competitive intelligence by reading business publications in order to understand competitors' business plans, goals, and strategies.
TRUE OR FALSE.
Business
1 answer:
Lisa [10]3 years ago
6 0

True. Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately.

Explanation:

Businesses often employ specific researchers to make strategies according to competitive intelligence for which there is dedicated analysis and anticipation for the moves that the market competition of a company is going to come up with.

This is ethically done by keeping a check of the competitors website and press releases, business publications of research and columns which indicate market trends in the industry as well as consumer behavior and market share statistical analysis.

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g each collectible ship requires one pint of high-quality paint at a cost of $25 per pint. considering increasing the selling pr
bearhunter [10]

Answer:

Increasing the sales price is a bad idea since total revenues will decrease.

Explanation:

The question is incomplete since we are not given the information about other costs, but we are given enough information to calculate the price elasticity of demand:

PED = % change in quantity demanded / % change in price = -12% / 7.5% = -1.6 or |1.6| in absolute terms.

Since the PED is |1.6|, it is price elastic. This means that a change in price will result in a proportionally larger change in quantity demanded. E.g. assume original price is $100 and the original quantity demanded is 100. Total revenue = $10,000. If the price increases to $107.50, the quantity demanded will decrease to 88, resulting in a total revenue of $9,460.

3 0
3 years ago
Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti
algol13

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

= ($0.67 - $13,910 ÷ 19,900) × 19,900

= (0.67 - 0.69899) × 19,900

= $577 Unfavorable

Therefore for computing the spending variance for dye costs we simply applied the above formula.

6 0
3 years ago
In which ways can goals be classified
Sonja [21]

Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal

this is the correct answer

Explanation:

8 0
3 years ago
What is the term for the rectangle where a row and column meet?
stiks02 [169]
Good day

<span>The point where a column and row meet forms a rectangle
called a </span><span>cell
</span>
god bless you

please mark brainliest
5 0
4 years ago
If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by:_
nydimaria [60]

If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>

<h3>What are labor costs?</h3>
  • The total of all employee wages, employee benefits, and payroll taxes paid by an employer constitutes the labor costs. Direct and indirect (overhead) labor costs are separated.
  • While indirect costs are related to labor costs, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • While indirect costs are related to support labor, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • The price of goods or services may fluctuate away from their genuine cost if labor costs are poorly allocated or evaluated, which could hurt earnings.

To learn more about labor costs with the given link

brainly.com/question/5427701

#SPJ4

7 0
2 years ago
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