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denpristay [2]
4 years ago
5

Acme Corporation is currently experiencing rising sales for a new-product idea it pioneered several months ago. Profits are also

increasing, so other competitors are now entering the market with similar products. The competitive situation is changing from monopoly to monopolistic competition. In which stage of the product life cycle is Acme Corporation operating?A) Market introduction
B) Market maturity
C) Market growth
D) Sales decline
E) Market establishment
Business
1 answer:
kolezko [41]4 years ago
4 0

Answer:

B) Market maturity

Explanation:

Product life cycle is the different stages involving a product's introduction through to its period of decline. Just as living organisms have life cycles, so do products as well. A product's life cycle involves three major stages; Introduction or Early stage, Maturity stage and Declination stage. The introduction stage involves the period the product is just fresh from the factory with different series of modelling and has yet to be introduced to the target market. Introduction stage includes the period it is now introduced to the target market. Maturity stage involves the period the product has been introduced to the market. At this stage, it can draw either positive or negative responses. When it draws a positive response, it means the target market enjoy the product and tend to purchase more with sales skyrocketing. Declination stage involves the period the product attracts low sales.

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China, India, Eastern Europe, and other developing countries have been sourcing hot spots. Explain why and also discuss any prob
Oksana_A [137]

Answer: The problem in outsourcing from low-cost country:

It is seeking goods and services beyond the border of a region. It is a process where organizations look for the most cost-effective place globally to manufacture their goods. Most organizations choose a global sourcing strategy as the cost is using lower abroad.

Explanation:

Outsourcing from low-cost countries a move by the company to cut costs as they have a huge presence of labor. It will allow them to concentrate on their core activities. But, there are some problems outsourcing from low-cost countries. Some are :

1. Sometimes the outsourcing does not provide the expected cost savings.

There might be new conflict and problem arising from different sources

2. There might be legal barriers present between the two different nations involved in outsourcing.

7 0
3 years ago
When town commons were broken up into lots each farmer had to bear all the costs and all the benefits of his choices about how m
sukhopar [10]

When town commons were broken up into private lots each farmer had to bear all the costs and all the benefits of his choices about how many animals to graze

<h3>What is private lots?</h3>
  • When non-governmental legal entities own property, it is referred to as private property. Private property can be distinguished from collective or cooperative property, which is owned by a collection of non-governmental enterprises, and from public property, which is owned by a state agency.
  • Capitalism, an economic system based on the private ownership of the means of production, is built on the principle of private property. Different political ideologies draw different distinctions between private and personal property, with socialist perspectives drawing a clear line between the two. Private property is a legal concept that is established and upheld by a nation's political system.

To learn more about Private property with the given link

brainly.com/question/27881320

#SPJ4

4 0
2 years ago
Which business function consists of the given aspects?
Ivenika [448]

Answer:

d

Explanation:

Becuuse when you read the qustion you see that it all led up to d

3 0
2 years ago
In a market economy why is private Ownership an important source of economic prosperity
egoroff_w [7]

Answer: Private companies are among the most significant drivers of economic growth.

Explanation:

Creating jobs, increasing trade activity, and increasing the flow of goods, providing services to the poor, and paying regular taxes to the public sector are just some of the benefits that the economic system has of private companies. Paying for their obligations to the state results in the proceeds of funds coming into health care, education, and other vital elements of the state system.

8 0
3 years ago
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If a company raises money by issuing new stocks, a current shareholder has the right to purchase new shares on a pro rata basis
Mumz [18]

Answer:

d. preemptive right

Explanation:

Preemptive rights refers to the clause that is included in a merger agreement or security that allows an investor to buy a proportionate number of shares to be issued in the future in order to protects him from losing his percentage ownership of a company.

The aim a preemptive right is to avoid a situation whereby the management of the company take over the control of the company by issuing and buying extra shares of the corporation to themselves. It basically aims to prevent the dilution of the value of stockholders.

5 0
3 years ago
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