Answer:
a. multiplying total income by the APC.
Explanation:
The income model is also known as a revenue model and it is a spreedsheets formula used by individuals or organizations to identify the best income source to explore, what goods and services to offer, pricing of these goods and services, and who is the target audience (consumers).
Total income can be defined as the overall amount of money that is being earned by an individual or a household before any deductions such as tax.
One can determine the amount of any level of total income that is consumed by multiplying total income by the average propensity to consume (APC).
An average propensity to consume (APC) is a measure of the amount of money as a percentage that is being consumed by an individual or household rather than being saved.
ANSWER:
Most small business ventures are in the low innovation/high risk category of the entrepreneurial strategy matrix.
~batmans wife
The reason that the companies are selling their goods on an open account because of the fact that competitive pressure are likely to push firms into engaging and selling into open account basis, that is why major companies are likely to sell goods in an open account.
Answer:
The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'
Explanation:
Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.
Sustainable advantage is not about cost reductions,is about a perceived value added to products or services not seen anywhere else.
If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.
