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pickupchik [31]
3 years ago
12

Location externalities (skilled labor force, supporting industries in place, etc.) are considered a __________ factor when choos

ing a location of production. A. Product B. Technological C. Country-specific D. Manufacturing
Business
1 answer:
Mariana [72]3 years ago
8 0

Answer:

Option C. is correct

Explanation:

Externality refers to the impact of market exchange on a third party that is a person who is external to the exchange.

Location externalities include skilled labor force, supporting industries in place, etc.

Location externalities are considered a country-specific factor when choosing a location of production.

So,

Option C. is correct

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Knowing what of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions?
givi [52]

Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.

<h3>What is the product life cycle?</h3>

The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.

When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.

When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.

To learn more about the product life cycle, visit:

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4 0
2 years ago
Nina, a manager, is considering reducing the workforce to cut down on costs. She realizes that this decision will have a huge im
Pani-rosa [81]

Answer:

The correct answer is: Moral awareness.

Explanation:

Moral awareness refers to the set of actions individuals take driven by values and beliefs that drive them not to only think about themselves but also in the consequences on others. In business, companies need to consider what the impact of their actions is with their surrounding environment and their inner circle -employees.

7 0
3 years ago
Larry, the owner of small hotel resort, would like to advertise his hotel in major American newspapers and magazines as a part o
timama [110]

Answer:

Serendipity

Explanation:

From the question we are informed about Larry, who is the owner of small hotel resort, would like to advertise his hotel in major American newspapers and magazines as a part of his larger strategy. However, he doesn't have enough money to do so. One day, he meets Todd, the owner of a group of newspapers and magazines, who offers him advertising space in his publications on the condition that Larry provides him with a free stay at the hotel. This is an example of Serendipity.

Serendipity can be regarded as unplanned fortunate discovery, which is a common occurrence that could take place throughout the history of a particular product invention as well as scientific discovery. It can be explained as the luck that comes to some people way as they are finding or creation of interesting things as well as valuable things by chance

5 0
3 years ago
How do organizations calculate various costs, and what do these calculations mean to business?
QveST [7]

Answer:

See the explanation section

Explanation:

Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.

Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.

8 0
2 years ago
Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Diff
Mamont248 [21]

The two primary varieties of price restrictions are known as price ceilings and price floors respectively.

<h3>What exactly are these pricing controls?</h3>

Price control is a technique that the government uses to guarantee that the price of a product or service on the market does not become too high or cheap.

Price controls may be broken down into two categories: price ceilings and price floors. Price floors and ceilings are used to determine the lowest and maximum amounts of a product's price, respectively. Price ceilings are used to determine the maximum amount of a product's price.

Read more about Price controls

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3 0
1 year ago
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