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
A. Analyze three decisions you made over the past six months. Which of these were programmed and which were nonprogrammed?
nasty-shy [4]

Explanation:

Programmed decisions— Lower supervisors make planned, organized problems-related decisions.  

Non-programmed decisions — used both for internal and external organizations in uniquely structured situations.  

The rational approach in decision-making is the traditional one, when the goals are good, the problems are dear, the parameters and weight are settled on, and the problems are not tendentious.

The decision-making of the managerial model requires performance. Rationality argues for an awareness of possible intervention strategies to achieve the goals. The user should all have full information and the ability to properly evaluate various alternatives according to the aims. The desire should be to choose the best solution by choosing the alternative that can achieve the goal.  

The three decisions I have faced over the course of these six months include:

a. Given the option of two companies, Apple and Samsung, I had to choose a mobile phone.  

b. I ordered a meal that I never tried before in a restaurant.  

c. Should choose the airline I had to travel abroad with my aunts.  

1. It's a programmed decision in fact because we all have less chance of making mistakes. Even though I have an apple branded phone, I know the specifications and the pricing of both already, it is therefore a routine decision-making process.

2. Is an unprogrammed choice because I don't know how to eat it.

3 0
3 years ago
What is the award recieved after completing a four year undergrad program called?
madam [21]
The award received after completing a four year undergrad program is called a bachelors degree. 
3 0
3 years ago
what would happen to the equilibrium price and quantity of coffee if there is an advance in the technology used to process coffe
defon

The price will go up while the quantity available will get smaller. In the example that has been provided, an increase in the pay of coffee-bean pickers will lead to a rise in the price of coffee that is considered to be in equilibrium.

Even though there will be less of a need for labor, there will be more lattes available for purchase. This is despite the fact that the cost of creating lattes will fall. As a consequence of this, the supply curve for latte production moves to the right, which results in a drop in the price of lattes and an increase in the number of lattes that constitutes the equilibrium quantity.

In the scenario that the price of coffee goes down, there will be a leftward change in the demand curve for tea. As a result, the establishment of a new equilibrium would point to a decrease in both the quantity and the price that constitute the equilibrium state.

Learn more about equilibrium here:

brainly.com/question/13463225

#SPJ4

3 0
1 year ago
I WILL GIVE BRAINLIEST
ANEK [815]

Answer:

FIXED COST

Explanation:

I THINK ITS FIXED COST

7 0
3 years ago
How do member banks of the Federal Reserve differ from other depository institutions?
erma4kov [3.2K]
The federal reserve differ from other depository institutions such that the federal reserve is  a decentralized system whle the other depository institutions are separate entities. The reserve has a common goal of  effective operation of the U.S. economy and, more generally, operating for the public interest. 
4 0
3 years ago
Other questions:
  • Who decides the business ethics for a company?
    11·1 answer
  • In order to protect herself from unconscious anxiety, susie convinces herself that she hates action movies whereas, on an uncons
    9·1 answer
  • Use the compound interest formula to determine the accumulated balance after the stated period. ​$60006000 invested at an APR of
    9·1 answer
  • Why is the most important thing to remember when writing a draft?
    11·2 answers
  • sam bought 6 cookies from a bake sale for $3.00. how much did each cookie cost? how much would it cost to buy 10 cookies?
    14·2 answers
  • Patrick is a member of a consumer marketing panel and has been introduced to a company’s new idea for energy drinks. Some of the
    15·1 answer
  • Ryan works at a community college and the college requires all employees to contribute to a pension fund. At this time, he is no
    13·1 answer
  • New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $70,300 in cash. The book values and market
    11·1 answer
  • On November​ 1, 2017, Austin Services issued​ $304,000 of​ five-year bonds with a stated rate of​ 11%. The bonds were issued at​
    10·1 answer
  • What is the foreign exchange market?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!