Changed the pattern of employment because they’re organizing their business around their core competence to face congestive threats effectively
So basically effect’s who they hire because they’re looking for specific skills to build a strong defense against the competition
Answer:
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Answer:
The correct answer to this question is that the amount of loss suffered by Bennett cannot be taken out because no information has been given in the question regarding sale of the land.
Explanation:
In the given above question Bennett purchased a tract of land for $20,000 in 2012, thinking that the value of land would increase to $200,000 when the new highway would be constructed but that didn't happen and the value of the property fell to $15,000. Here we can't tell anything about the loss suffered by Bennett because there has been no information given regarding the selling of the land and if he hasn't sold the land then that means there is no loss.
If he would have sold the land then he would have suffered a loss of $5000($20,000 -$15,000).
The main reason why firms <em>make changes to a product</em> or adjust prices in a market deemed the bottom of the pyramid is because:
- There is a large, impoverished population that still wants and needs consumer goods but cannot pay the prices that the fewer, wealthier consumers in developed nations can.
<h3>What is Market Price?</h3>
This refers to the current market value of a particular product which can be purchased at a particular time and this can be affected by different factors.
With this in mind, we can see that there are adjustment in prices even in markets in the bottom pyramid mainly because a poorer population needs the product but cannot pay the prices than wealthier nations.
Read more about market price here:
brainly.com/question/24877850
