1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djyliett [7]
3 years ago
11

A furniture retailer wanted to grow but not open too many new stores. The company started opening boutique hotels instead. A man

agement and development company operated the hotels, but the furniture company handled the interiors. Guests could then purchase furniture and decor online. This example shows that the furniture retailer _______.
Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer:

was thinking "outside the box" by designing a growth strategy

Explanation:

On the given scenario the business wanted to grow but not open more furniture shops.

The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).

The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.

This is an example of thinking outside the box.

You might be interested in
To loosen credit the Federal Reserve will: A sell U.S. Government securities to bank dealers with an agreement to buy them back
ANEK [815]

Answer:

B buy U.S. Government securities from bank dealers with an agreement to sell them back at a later date

Explanation:

The Federal reserve uses open market operations to regulate liquidity in the economy. This eases or restricts how bank dealers can give credit.

To ease credit giving ability of bank dealers the Federal Reserve will buy US Government securities from bank dealers. This gives them extra money which they can give out as loans to their customers.

On the other hand when credit needs to be tightened, the Federal Reserve will mop up cash by selling Government securities to the bank dealers

4 0
3 years ago
I’m giving out more points if you guys make questions and make me brainliest plzzzzzzz
Rzqust [24]

Answer:

ok here is one english question:Write a descriptive paragraph on the proverb "heaven helps those who help themselves" and use 1 or 2 similes or metaphors

4 0
3 years ago
Read 2 more answers
The price elasticity of a good will tend to be larger:
gregori [183]
The price elasticity of a good will tend to be larger the longer the relevant time period.
5 0
3 years ago
The statement "the quantity demanded of a product varies inversely with its price" is a definition of
Ivenika [448]
The correct answer that would best complete the given statement above would be the term LAW OF DEMAND. The law of demand states that <span>the quantity demanded of a product varies inversely with its price, as long as other things do not change. Hope this answers the question. </span>
7 0
3 years ago
Innove Tech is a technological firm that wants to build a global service delivery system. It has consulted a larger firm, Ziff C
dimaraw [331]

Answer:

(C) Acquisition cost

Explanation:

The correct word for the given statement is acquisition cost

So option (c) is correct option

Acquisition cost alludes to the in with no reservations cost to buy a benefit. These expenses incorporate delivery, deals charges, and customs expenses, just as the expenses of site planning, establishment, and testing.

When securing property, obtaining expenses can incorporate looking over, shutting charges, and taking care of liens.

4 0
4 years ago
Other questions:
  • Randall Company makes and distributes outdoor play equipment. Last year sales were $4,800,000, operating income was $1,200,000,
    14·1 answer
  • Robert bought 10 shares of Apex Company for $18 each and later sold all of them at $17 each. This transaction resulted in what t
    14·2 answers
  • Multidomestic firms provide _____ opportunities for ____ to participate in international activities. A. multiple; associates B.
    9·1 answer
  • Discuss the legal implications for employers and employees for requiring employees to sign noncompete agreements. What factors d
    15·1 answer
  • Someone you share a mutual affection with is known as:
    11·1 answer
  • Ron,a new associate at Barkley and Sons,is working to cultivate personal relationships with individuals outside of his departmen
    9·1 answer
  • Tyler loves cars and enjoying figuring out how things work, so he would like to become an auto mechanic
    9·2 answers
  • Which are two features of a bond?
    14·1 answer
  • The term referring to representing oneself in a trial is
    8·2 answers
  • Adel is interested in investing in the stock exchange, but he really has no clue what any of it
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!