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3 years ago

Use your understanding of the strategic management process to complete the sentences below.

1 answer:

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A firm’s Strategy is the plan of action that describes resource allocation and activities for dealing with the environment, achieving a competitive advantage, and attaining the organization’s goals.

Explanation:

By acquiring a technology company that develops smartphone apps, a video-streaming business hopes to achieve Synergy , combining its video rights with mobile technology to increase profits.

Example

Drybar, which started in Brentwood, California, in 2010, is a hair salon catering entirely to people with curly or frizzy hair who want their hair straightened. No cuts, perms, or coloring happen here. The store now has over 40 locations.-Target Customer

Applewood Seed Co. of Colorado has fifty years of experience growing and supplying native wildflowers, grasses, and herbs to seed distributors, landscapers, golf courses, state highway departments, parks departments, government agencies, garden centers, mining companies, hydroseeders, and reclamation companies. Applewood has both an in-depth horticultural knowledge of native plants and the ability to supply in bulk-This statement is an example of exploit core competencies

A meditation instructor partners with a technology developer to market relaxation apps featuring soothing natural sounds and guided meditation exercises. The tech expert writes the code, and the meditation instructor develops the apps’ content.-This is an example of building up the Synergy

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kellogg's begins to sell its cereals in new markets after conducting extensive marketing research. after the cereal begins to a

Dafna11 [192]

The fact that Kellog is increases its promotion expenditure to counteract competitive responses means that Kellogg's is in the maturity stage of the product life cycle. The maturity stage us the third stage of the product life cycle, and comes after the Introduction and Growth stages.
In this stage the companies are focused on maintaining their market share in the face of a number of different challenges.

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3 years ago

Business owner robert should use ________ schedules of reinforcement to keep his employees mentally alert and interested.

Ivanshal [37]

Robert should use intermittent schedules of reinforcement to keep his employees mentally alert and interested. The procedure of learning through association to increase or decrease voluntary behavior using punishment and reinforcement is known as operant conditioning.

Reinforcement schedules are the rules that govern the timing and frequency of reinforcer delivery in order to increase the likelihood that a target behavior will occur again, strengthen, or continue. A contingency timetable is one that includes reinforcement. While intermittent schedules provide reinforcers.

After some but not all correct replies, intermittent schedules apply reinforcement after each correct response, or none at all. Reinforcers are only used after the target behavior has occurred, so reinforcement is conditional on the desired behavior.

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4 0

1 year ago

What happens when the price of a good increases

swat32

Answer:

the value of good increases (goes up)

3 0

2 years ago

A company has established that the relationship between the sales price for one of its products and the quantity sold per month

notka56 [123]

Answer:

Q = 450

P = 35

Explanation:

TR = P x Q = (75 - 0.1Q) x Q = -0.1Q2 + 75Q

Then, Cost = (30Q + 1,000)

Profit: Total revenue - C

-0.1q2 + 75Q - 30q - 1,000 = -0.1q2 + 45q - 1,000

as this is a quadratic function we identify a b c:

a= -0.1 b = 45 x = -1000

the profit maximum point is at the vertex:

-b/2a = -45/ 2(-0.1) = -45/-0.1 = 450

The profit maximize at Q = 450

P = 75 - 0.1x450 = 35

3 0

2 years ago

What is a discretionary meaning?.

Fantom [35]

Discretionary meaning is the ability to make decisions based on one’s own judgement and experience. It involves the consideration of many factors, including ethical and moral considerations, and is often used in situations where there is no clear answer or the situation is complex.

What is Discretionary?
Discretionary refers to a decision that is left up to you. You have the choice not to take regular baths; keep in mind, though, that your friends could perhaps disagree together on this. Bathing is a discretionary act. When money isn't set aside for a specific use, it's often referred to as discretionary. How discretionary funds should be used is up to the decision-makers in charge. The word discretion is the root of the word discretionary, which can be defined as "the right to decide stuff based on one's own judgement." If you're given a task to finish at your discretion, you can choose how to do it — as well as whether you want to do it at all.

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8 months ago