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Setler [38]
1 year ago
15

Prisly inc. is a multinational company that specializes in manufacturing and selling high-end cars. it launches a new car gwen 2

.0 that becomes highly successful in the market because of its cheap price and excellent specifications. however, this leads to a significant decline in the sales of sanders inc.'s other cars. this scenario exemplifies _____.
Business
1 answer:
boyakko [2]1 year ago
4 0
This scenario exemplify MARKET CANNIBALIZATION.
Market cannibalization is said to occur in a situation in which a new product created by a company impact a negative influence on the sale performance of the company's existing products. It involves the drastic reduction in the demand and sale of the old product by the new product.
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It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization a
Alexus [3.1K]

Answer:

a. the rapid development of the Internet's capabilities.

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.

Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.

Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.

7 0
1 year ago
Ramses owns a roofing business. He enjoys being his own boss, but it comes at a price. Often, his days are filled with organizin
nydimaria [60]

Answer:

The correct answer is option d.

Explanation:

Ramses's business is organized as a sole proprietorship. A sole proprietorship is a form of business in which there is a single owner who manages and runs the business. The owner has unlimited liability for the firm's debts. There is no distinction between owner and business entity.

The advantage of a sole proprietorship is that the owner does not have to share profits. The owner pays personal income tax on profits earned.

3 0
1 year ago
In 2017, BPhone produces 5000 mobile phones and the total labor used to make the 5000 mobile phones is 4000 hours. Using the app
Kamila [148]

Answer:

d.1.25

Explanation:

To find the productivity ratio, we use this formula:

Productivity ratio = Output / Input

now, we plug the amounts into this formula:

Productivity ratio = 5,000 / 4,000

                            = 1.25

Thus, the correct answer is d).

7 0
1 year ago
On January 1, Jim Shorts Corporation issued $300 million face value bonds for $580 million. During the same year, $1,500,000 of
ankoles [38]

Answer: a deduction from net income of $1,500,000.

Explanation:

Based on the statements provided in the question, it should be noted that Jim Shorts Corporation should report a deduction from net income of $1,500,000 on the statement of cash flows prepared by the indirect method.

It should be noted that the caah flow statement would start the accrual basis of the net income under an indirect method of the cash flow and then, all the non-cash items would either be added or subtracted in order for the reconciliation of account.

8 0
2 years ago
Devon, the CEO believes that his staff just needs a little push by giving them an understanding of the importance of each of the
bonufazy [111]

Answer:

Task significance and feedback

Explanation:

The characteristic model of work is a methodology whose central objective is the motivation of the worker through his own work, but which must be challenging and allow the employee to develop his skills and competences through the performance of his work. There are five dimensions of the model, they are: Variety of Skills, task identity, task significance, autonomy and feedback.

In the case of the above question, Devon focuses on the significance characteristics of the task, by providing them with an understanding of the importance of each of their positions to the company, allowing them to also see each of their own direct impact. Because the significance of the task is the level that motivates employees through increasing their perception and appreciation of their work towards the central objectives of the company.

He also used feedback, as he believes that providing timely information about the performance of their job and letting them know the importance of their roles to the company will improve job performance. Using feedback helps employees to improve their perception of their performance and strive to achieve better results to company.

3 0
2 years ago
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