Answer:
Option "C" is the correct answer to the following statement.
"Are our competitors conducting market research as well"
Explanation:
Managers or administrators should always focus on their work, they have to try to provide their best views or researches to the business and not to depend on the other firm or organization.
If the managers and other administrations focus on what other Competitors do, they will be lost there work efficiency and potential.
Answer:
The answer is: a
Explanation:
In accounting for financial transactions, there are generally accepted standards used in practice. These standards are based on accounting principles that are designed to result in more consistent and comparable financial statements. One of these principles is the matching principle, where revenues recognised are matched with expenses incurred to generate that revenue.
In line with this principle, revenues should be matched with expenses at the time which the transaction, in this case the sale, occurs. An estimate of the amount receivable that is deemed noncollectable at the time of the sale is recognised as a bad debt expense and an adjustment is made in the allowance for doubtful debts account* in the period which the sale occurs.
*this account increases on the credit side and effectively reduces the accounts receivable amount
Answer:
Check the explanation
Explanation:
In the past 30 years, there has been a move away from a time in which nationwide economies are comparatively self-sustained entities, a period of isolation through the barriers to trade and investment, and uncertainties in government policies and regulation, business systems, culture, moving in the direction of a world where challenges and barriers to global trade and investment are declining, cultures are uniting, and national economies all around the world are merging into an integrated, interdependent global economic system.
Considerable implications for British firms entail the need to plan beyond the market in Europe and America for investment and opportunities. The Consumer spending rate in developing countries is now growing most rapidly.
British firms now presented with the opportunity (and the threat) of drawing the attention of Asian firms interested in Britain as a launch pad to gain access to the very lucrative European market.
For the North American companies, the same is the case, even though the significance of the increasing prosperity in Latin America suggests a potentially huge market.
This statement is true. When analyzing segment attractiveness, one of the three factors to consider is the segment's strategic fit to the company's goals.
What are the 3 factors to consider market segment?
A corporation should consider three elements when assessing various market segments: segment size and growth, segment structural attractiveness, and corporate goals and resources.
What is market segmentation and why is it important?
Market segmentation is the strategy of dividing a targeted audience into smaller groups based on shared characteristics like priorities, values, and behavior as well as elements like age, gender, or region. This is an essential step in creating a marketing strategy since it enables you to precisely determine consumers' buying habits.
What are the 4 main market segments?
Although the four primary categories of market segmentation are thought to be geographic, demographic, psychographic, and behavioral, there are many more approaches you can take, as well as many variants on the four primary types. You might want to investigate the following other techniques.
Learn more about market segments: brainly.com/question/27993208
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Answer:
TRUE
Explanation:
In simple words, differentiation strategy refers to the business strategy under which an organisation tries to get competitive advantage in the market by adding some unique features in the existing products or by introducing brand new products for utilization.
This strategy is used by service industries as well in which the organisations frequently introduce new technologies for better operating activities. Such strategies can sometimes lead to establishment of new industry in which the innovating firm gets the first mover advantage.