Answer: A management of a business industry or economy
Explanation:
Answer:
b) Reactive
Explanation:
A reactive approach is when managers respond to situations and problems as they occur rather than plan for them before hand as this is an added cost.
Proactive managers seek out opportunities to always input CSR in their strategies. Accommodative strategies and defensive strategies build in some leeway. None of these options completely discount csr as a cost as does the reactive style.
Hope that helps.
Answer:
The advantages of entering a market early are:
First mover advantage
Less competition
Patents
The advantages of entering a market late includes:
Certainty
Less research and development costs
Explanation:
First mover advantage refers to the benefits that accrues to a business from being a pioneer in one line of business,the company would be able to charge a price high enough to cover its costs and above all make profits.
At early stage of an industry,competition is less,larger market share can be gained.
Entering a market early makes it possible for a company to acquire patents that prevent others from producing products of its kind.
Also,entry a market late brings some benefits,in that the structure of the market is already known,uncertainty around the size of the market has given way and also the research and development costs can be minimized as the product specification is well known.
Answer:
thats true hope this helps you