Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...
Answer:
A) costs of direct labor would be 50% lower
Explanation:
Based on the information provided within the question it can be said that in this scenario the cost of direct labor would be about 50% lower than in the current country of production. That is because the average amount that the workers get paid in that country are 50% lower, therefore the company will be paying 50% less for labor in that country as opposed to where they are now.
Answer:
These are the options for the question:
A. Segmentation
B. Cannibalization
C. Market penetration
D. Product bundling
And this is the correct answer:
B) Cannibalization
Explanation:
Cannibalization occurs when a newly introduced product reduces the market share of previous products.
In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.
This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.
When skilled labor is plentiful, plenty of land is available, and there is an abundance of building materials. What usually happens is an increase in the construction of buildings.
<h3>What is skilled labor?</h3>
This is one of the factors of production. It is the manpower and the physical strength that is needed in the production of goods and services.
When it is in abundance as well as other factors, people would build more house and other forms of construction.
When skilled labor is plentiful and the amount that is paid for labor is fair, more people would be willing to build houses and engage in other forms of construction
Read more on skilled labor here; brainly.com/question/19792799
#SPJ1