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PIT_PIT [208]
2 years ago
11

Simone started the meeting at BCD Co. by focusing the attendees on the company's current status. "We have a good product mix," s

he stated. "To continue to grow, we need to target more segments." Which strategic path is Simone pursuing?
Business
1 answer:
WINSTONCH [101]2 years ago
6 0

Answer:

Market development

Explanation:

Market development can be described as a marketing strategy in which new market segments are identified and developed for current products of a company.

The focus of a market development strategy are the existing customers and new customers in the targeted segments that are not currently buying the products of the company.

Market development is therefore a marketing strategy that is employed when a company wants to expand its total market by making effort to promote its current product to new consumers or a new geographical area.

From the question, the statement that  "To continue to grow, we need to target more segments" by Simone indicates that the strategic path Simone is pursuing is <u>market development</u>.

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Smiley Corp.'s transactions for the year ended December 31, 2018 included the following:
mixas84 [53]

Answer:

b. -$350,000

Explanation:

The calculation of net cash used in financing activities is shown below:-

Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid

= $1,250,000 - $1,200,000 + $500,000 - $900,000

= -$350,000

Therefore for calculating the net cash used in financing activities we simply applied the above formula.

7 0
2 years ago
Read 2 more answers
While studying abroad, Joe found that his U.S. dollars did not stretch as far as he had hoped. Every time he exchanged U.S. doll
MrRissso [65]

Answer:

The statement is: True.

Explanation:

Currency exchange rates determine how much currency values compared to another currency. Different factors influence the valuation of those currencies but mainly it depends on how much they can be used and accepted in different parts of the world. The more regions accepting the currency, the higher the value of the currency.

<em>Nowadays the United States dollar (USD) is the most used currency worldwide. However, it has historically had a lower value than the Euro (EUR). It means the USD is weaker in front of the EUR even nowadays, implying every time people want to exchange dollars for euros they get fewer euros for more dollars.</em>

4 0
2 years ago
Which type of culture would most likely include characteristics such as openness, freedom, debate, and risk-taking?
adell [148]

Answer:

e. diversity-focused

Explanation:

-Ethical  culture refers to a culture in which people behave according to the group of values and standards set by the organization.

-Friendly  is a culture where there is a good working environment in which people are nice and kind.

-Innovative  is a culture in which leaders motivate people to think differently and propose new things.

-Customer-responsive  is a culture in which people focus on taking care of customer's needs.

-Diversity-focused is a culture in which the company is open to people with different backgrounds where there is freedom to offer new perspectives that allows to generate debate and people is more willing to take risks.

According to this, the answer is that the type of culture that would most likely include characteristics such as openness, freedom, debate, and risk-taking is diversity-focused.

8 0
2 years ago
You are the account manager for an Internet service provider. A customer contacts you and complains that her recent billing stat
Darya [45]

Answer: a. Anticipate the effect your message will have on the receiver.

b. Analyze the bad-news situation

Explanation:

In the Phase 1 of the writing process, it is required that one should analyze the bad-news situation, and then anticipate the effect that such news will on have on the receiver. After this has been one, the message will then be adapted accordingly.

In a scenario whereby it's anticipated that the reader will be upset about the news, then the message might be reshaped so that the reader won't be angry.

3 0
2 years ago
A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will
erma4kov [3.2K]

Answer:

expect the customer to wait = 6.74  sec

1 car would expect to see in the system.

Explanation:

given data

arrive rate λ = 300 per hour

verify the debit card u = 1 card per 5 second = 720 card per hour

solution

L(q) = 300² ÷ ( 2 × 720 (730-300) )  

L(q) = 0.1453

L(q) = 2.0833

and

L(s) = 0.1453 + 300/720

L(s) = 0.5619   W(s)

so

expect the customer to wait = 0.5619 ÷ 300

expect the customer to wait =0.001873  

expect the customer to wait = 6.74  sec

and

L(s) 0.5619 = 1 cars

so 1 car would expect to see in the system.

5 0
2 years ago
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