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Nonamiya [84]
3 years ago
11

Rather than creating a new product, Chinese manufacturers have been notably successful at adopting a different strategy. They ha

ve been able to make and offer a competing product so rapidly that the majority of adopters have a choice when purchasing the product for the first time. This is referred to as a
Business
1 answer:
Basile [38]3 years ago
3 0

The method that was adopted by the Chinese manufacturers who instead of creating a new product,  adopted a different strategy is: Lean manufacturing initiative.

Lean manufacturing initiative is a form of manufacturing where the producer identifies non-value adding activities and initiates measures to systematically eliminate these.

The process is gradual. Most manufacturing organizations adopt this process.

This is the same with the Chinese industries who instead of immediately creating a new product, adopt the strategy of introducing competing products.

Learn more about lean manufacturing initiative here:

brainly.com/question/24155857

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Tawna Reed was hired for a top managerial position in Nike Corporation because she had creative ability and a good overall feel
Sergio [31]

Answer:

C) conceptual.

Explanation:

Conceptual skills are essential in managers of large companies, such as that of the multinational Nike.

This ability means that the manager has a vision of the organization as an integrated system, where each part has its relevance in the organizational whole and must be considered in the processing, evaluation and planning of the strategies that will lead to organizational success.

Having conceptual skills means having the skills to have a diffuse and analytical thinking of the organization and all the parts that involve it, which makes the entire management decision-making process much more efficient and aligned with the organization's objectives and goals.

5 0
4 years ago
A manufacturer of microwaves has discovered that female shoppers have little value for microwaves and attribute almost no extra
irga5000 [103]

Answer:

For simplicity, assume there is only 1 man and 1 woman and that if the price of a microwave is equal to an individual's willingness to pay, the individual will purchase the microwave.

  • If the number of male and female buyers is the same, then the best pricing strategy is to offer 2 different microwaves (option 3). One simple and cheap microwave for women and one with auto-defrost for men.

Strategy                     Revenue           Revenue             Total Revenue

                                  from men          from women        from strategy

1. Auto-Defrost             $82                      $82                   $164

Microwave only

at $82

2. Auto-Defrost           $148                     $0                     $148

Microwave  only

at $148

3. Simple                      $131                    $66                    $197

Microwave at $66,

Auto-Defrost

Microwave at $131

Suppose that, instead of one man and one woman, the market for this microwave consisted entirely of men. For simplicity, you can assume this means that there are two men, and no women. Under these conditions, pricing strategy <u>2. Auto-Defrost Microwave  only at $148</u> would maximize revenue for the manufacturer.

7 0
3 years ago
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fenix001 [56]

Answer:

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Explanation:

Collateral is something the bank can take/repossess to sell and get back the money they loaned you if you don't repay your loan. Cars and houses are great examples of this.

7 0
3 years ago
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11111nata11111 [884]
I believe the correct answer is categorization 
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3 years ago
The intersection of the aggregate demand and aggregate supply curves determines the _____. rev: 06_12_2018 Multiple Choice produ
Paul [167]

Answer:

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Explanation:

As we know that the equilibrium point is the point where the quantity demanded and quantity supplied are equivalent to each other and the equilibrium price and real GDP would be at that point when there is an intersection of real GDO equivalent to the real GDP quantity of supplied curve

So the above represent the answer  

3 0
3 years ago
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