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Andrew [12]
3 years ago
7

Seeking products or services that have been successful in one market and introducing the same basic product or service in anothe

r segment of the market is referred to as _____________ new entry.
Business
1 answer:
BabaBlast [244]3 years ago
6 0

Answer:

Imitative new entry

Explanation:

This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.

It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.

Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry

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Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

<h3>What is Sweepstakes?</h3>

Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.

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2 years ago
Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are abl
Eduardwww [97]

Answer:

What Is Value-Added?

The term "value-added" describes the economic enhancement a company gives its products or services before offering them to customers. Value-added helps explain why companies are able to sell their goods or services for more than they cost to produce. Adding value to products and services is very important as it provides consumers with an incentive to make purchases, thus increasing a company's revenue and bottom line.

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2 years ago
Stinehelfer Beet Processors, Inc., processes sugar beets in batches.
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Answer:

$19

Explanation:

The computation of the financial advantage or disadvantage is shown below:

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All other information which is given is not relevant. Hence, ignored it

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