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
n200080 [17]
3 years ago
12

Neil, an entrepreneur and inventor, developed new software to help retail stores manage their

Business
1 answer:
Lera25 [3.4K]3 years ago
6 0

Answer:

The anwer is A. Economic Viability.

Explanation:

This question represents a very common problem faced by many new innovators in the market. They put out a new product and then the rest follow and copy it.

When it comes to new products there are Several factors that influence it's popularity. Simply they are,

1. The affordability or the economic viability. Simply this means if a product is "feasible" cost wise and logistically. Price is a major factor that falls under this.

2. Technological feasibility means if the technology used in the product permits the product to be used effectively in Business operations.

3. Organization suitability: softwares and almost any asset is suitable for different organizations in different ways and might not be suitable for some organizations.

These are the major factors that influence a products popularity. However in this scenario, the entrepreneur Neil's product is becoming less popular because the Economic Viability of the software is coming down because of the much cheaper alternatives in the market.

You might be interested in
Which of the following is a “DO” regarding scannable résumés?
EastWind [94]

Answer:

It Should Be in Simple Standard Font

Explanation:

Like what Im Typing now. Simply Standard Font

5 0
3 years ago
Read 2 more answers
As a business owner, you're responsible for making the decisions that pertain to the profitability of your business. This decisi
kobusy [5.1K]

Answer: Independence

Explanation: Independence can be explained as a state of existence where one's personal decisions, actions or steps does not hinge on another person's approval or acceptance. It could be seen as a state of autonomy where one can personally decide and actions one feels is best for a certain process at a particular time.

As a business owner, one thinks and acts based on one's personal volition of what is best for his or her business without having to sit and discuss with a group of individual's who may habiur different perceptions or scope. This freedom is usually enjoyed by small business owners rather than large groups of companies or corporations.

7 0
3 years ago
What is the gdp?
sattari [20]
C the geographical location of a business
6 0
3 years ago
Read 2 more answers
Mary dislikes having to convince prospective customers to buy products that she believes are inferior to others in the market. h
faltersainse [42]
The inconsistency described above is known as cognitive dissonance. It is a theory that describes the tendency of  an individual to find consistency of the cognitive functions. When this is not met, some behaviors and attitudes are to be changed in order to eliminate the inconsistency.
3 0
3 years ago
Jeff Co. sells its giant cheese wheels for $36 per wheel. The contribution margin ratio is 75% and total fixed costs are $270,00
Damm [24]

Answer:

Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75

= $432,000

Number of units to be sold

= Level of sales/Selling price

= $432,000/$36

= 12,000 units

The correct answer is A

Explanation:

In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.

7 0
3 years ago
Other questions:
  • Regan grows flowers and makes ceramic vases. Jayson also grows flowers and makes ceramic vases. Regan can produce 3 times as man
    5·2 answers
  • You have been offered a job with an unusual bonus structure. as long as you stay with the firm
    15·1 answer
  • A company would like to produce 1000 products per week for 30 weeks. The Direct Material Cost for the raw materials used in the
    9·1 answer
  • You are asked to be the leader of a task group. You are a new member to the group that is under pressure to meet new production
    12·1 answer
  • Suppose the demand curve for a product is represented by a typical downward-sloping curve. Now suppose that the demand for this
    5·1 answer
  • Price controls can cause _____.
    9·2 answers
  • When a product experiences an increase in the number of competitors, it is usually in the _____ stage of the product life cycle;
    5·1 answer
  • It is important to organize your time when taking a college course, True False​
    11·1 answer
  • 4. Does the same thing work for every customer?
    6·2 answers
  • The following describe several different business organizations. Determine whether each description best refers to a sole propri
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!