Answer:
Product market expansion grid
Explanation:
Product market expansion grid -
It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .
The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.
Hence , from the given information of the question,
The correct term is Product market expansion grid .
Answer: True
Explanation:
Labor productivity has to do with the amount of products and services which are produce at a particular time by the workers.
It should be noted that between 1953 and 2015, rising labor productivity contributed more to U.S. economic growth than did increases in inputs. This brought about increase in the available goods and services in the country.
The conclusion that the manufacturer can draw about the power of this equipment to catch fish is that the fishing equipment have different degree of catching fish.
<h3>What is conclusion?</h3>
Note that there are a lot of fishing equipment that was given by the manufacturer such as Trusty rod with a Husky reel, Trusty rod, monofilament line, and others.
Note that they will not all function at the same level as they all have the extent to which they can catch fishes. Some may be faster than the others why some may attract fishes quickly.
Conclusively, The conclusion is that the fishing equipment have different degree or extent to catching fish.
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Cyclical unemployment: rises during a recession
<h3><u>What is Cyclical unemployment ?</u></h3>
- Cyclical tendencies in growth and output, as shown by the GDP, that take place throughout the economic cycle are what are meant by cyclical unemployment.
- Cyclical unemployment is defined by economists as the situation that arises when firms don't have enough demand for labor to hire all people who are searching for work at that particular stage of the business cycle.
- There may be a commensurate decrease in supply output to make up for a loss in demand for a good or service.
- To fulfill the lower norm of production volume, fewer workers are needed when supply levels are cut.
- The corporation will discharge any employees who are no longer required, which will result in their unemployment.
To learn more about Cyclical unemployment, refer to:
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I’m pro choice but respect everyone’s opinion:)
