True or false: Strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage. True false question. True False

Answers

Answer 1

Answer:

TRUE

Explanation:

The first-mover advantage is the leverage a company gets to be the first to enter a market with a product and the term "first-mover" does not mean the first company to invent a product.

Being a first-mover is important for strategists to identify the correct marketing mix, so as to be better than their competitors, also it creates a medium to allow strategists to study the market, perfect their products or services before other market entrants.

Since being a first-mover expose the risk of products being improved upon by competitors, strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage.


Related Questions

Which of the following sales would be covered by Article 2 of the Uniform Commercial Code? Group of answer choices the sale of intangible goods the sale of tangible goods the sale of real estate the sale of stocks

Answers

Answer:

the sale of tangible goods

Explanation:

Article 2 is applied for the contract that made for selling the goods. the goods that are identifed at the time when the contract is created and could be moved. It mainly deals with the tangible things like computers, cars, pens, etc

The intellectual property and intangible should not be cover in this

Therefore the above should be considered

A certain college graduate borrows 6900 dollars to buy a car. The lender charges interest at an annual rate of 18%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k dollars per year, determine the payment rate that is required to pay off the loan in 7 years. Also determine how much interest is paid during the 7-year period.

Answers

Answer:

a) k = $1734.86 per year

b) $5244.02

Explanation:

Principal ( borrowed ) = $6900

Annual interest rate = 18%  ( compounded continuously )

Borrower makes a continuous payment at a constant rate : $k per year

a) Determine payment rate required to payoff loan ( in 7 years )

let loan at time ( t ) = x

x = $6900 , at t = 0

rate of increase of loan amount = 0.18x

rate of decrease of loan amount = k

∴ net change of loan x

= dx/dt = 0.18x - k  

hence ; dt = dx / ( 0.18x - k )

k = $1734.86 per year

attached below is a part of the solution

b) Determine how much interest is paid during 7-year period

Interest paid in 7 years

= Amount paid - principal amount

= ( 1734.86 * 7 ) - 6900

= $5244.02

Mr. Capadona would like to purchase a Medicare Advantage (MA) plan and a Medigap plan to pick up costs not covered by that plan. What should you tell him

Answers

Answer: It is illegal for you to sell Mr. Capadona a Medigap plan if he is enrolled in an MA plan, and besides, Medigap only works with Original Medicare.

Explanation:

Since we've the information that Mr Capadona would like to purchase a Medicare Advantage (MA) plan and a Medigap plan to pick up costs not covered by that plan.

Based on the above, he should be told that it is illegal for you to sell Mr. Capadona a Medigap plan if he is enrolled in an MA plan, and besides, Medigap only works with Original Medicare.

Swifty Company developed the following information about its inventories in applying the lower-of-cost-or-net realizable value basis in valuing inventories. Product Cost Net realizable value A $112000 $122000 B 84000 76000 C 153000 156000 If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $354,000. $362,000. $341,000. $349,000.

Answers

Answer:

$341,000

Explanation:

Calculation to determine what the value of the inventory reported on the balance sheet would be

Inventory value=$112000+ 76000+153000

Inventory value=$341,000

Therefore If Swifty applies the LCNRV basis, the value of the inventory reported on the balance sheet would be $341,000

Coca-Cola vending machines are found all over the world. The newest machines have an interactive screen that runs advertisements and allows users to obtain free photos of themselves and ringtones after they have bought a drink. Critics of these new vending machines are concerned that entertaining technology is being used to market sugary products. In terms of a SWOT analysis, this concern from outside critics would be an example of a(n):

Answers

Answer:

Threat

Explanation:

From the question we are informed about Coca-Cola who was vending machines are found all over the world. The newest machines have an interactive screen that runs advertisements and allows users to obtain free photos of themselves and ringtones after they have bought a drink. Critics of these new vending machines are concerned that entertaining technology is being used to market sugary products. In terms of a SWOT analysis, this concern from outside critics would be an example of a threat.

SWOT analysis can be regarded as business analysis which make sure that there is definition for objectives of a project and all factors that has relation to the project are properly identified. It encompass four areas, these are

✓Strengths

✓Opportunities

✓ Threats

✓Weaknesses

Threats can be regarded as anything which can destroy ones organization or company or product.

In addition to a control condition, a functional analysis typically consists of what test conditions?

Answers

Answer:

The correct option is c. Alone.

Explanation:

Note: This question is not complete as it omitted the options. The complete question with the options is therefore provided before answering the question as follows:

In addition to a control condition, a functional analysis typically consists of what test conditions?  

a. Contingent attention

b. Contingent escape

c. Alone

d. All of these

The explanation of the answer is now provided as follows:

Functional analysis is a type of psychological formulation that is used to figure out how human behavior works. Functional analysis is a method of assisting in comprehending the reason a person acts the way he does.

In functional analysis, there are four conditions: three test conditions (social positive (attention), social negative (escape), and alone, as well as a control condition (play).

Therefore, the correct option is c. Alone.

On January 1, 2015, Danville Corporation acquired a machine at a cost of $60,000. The machine's service life was estimated to be ten years and its residual value to be $6,000. The straight-line method was used for depreciation. On January 1, 2020, the machine was no longer useful and was sold for $3,000. For 2020, in regard to this machine, how much of a loss should Danville record

Answers

Answer:

Loss= $30,000

Explanation:

First, we need to calculate the annual depreciation and the accumulated depreciation at the moment of the sale:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (60,000 - 6,000) / 10

Annual depreciation= $5,400

Accumulated depreciation= 5,400*5= $27,000

Now, the book value and loss from the sale:

Book value= 60,000 - 27,000= $33,000

Loss= selling price - book value

Loss= 33,000 - 3,000

Loss= $30,000

f a business wants to sell a product or service on the Internet for the first time, the __________ would need to understand the wide-ranging risks involved as well as the organization's security capability. A. executive committee B. operational risk committee C. compliance committee D. security committee

Answers

Answer:

b

Explanation:

The operational risk committee has the responsibility of maintaining and overseeing the operational risk of an organisation. They are to identify possible operational risks of all the activities of a company and take steps to mitigate and manage such risks

The functions of The operational risk committee includes :

Identify possible risksEvaluate the risks Develop and implement strategies needed to manage the riskEvaluate the risk and strategize implemented regularly

A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

Answers

Answer: The correct procedure is to “debit cash over and short for $43”.

which component of effective high-performance teams is represented by the use of real-time feedback devices acls

Answers

Answer: Quality

Explanation:

High-performance teams refers to the teams, or organizations which focuses on their goals and therefore achieve superior results and outperform other similar teams.

The component of effective high-performance teams that is represented by the use of real-time feedback devices is quality.

A high-performance team is described as a combination of people with particular responsibilities and supplementary abilities and skills aligned with and dedicated to a shared goal, who constantly exemplifies cooperation and mutual and innovative thinking, start producing excellent performance, and suppress revolutionary or drastic views that may be harmful.  

The component of effective high-performance teams is represented by the use of real-time feedback is  Quality.

The high-performance team is known for being the similar, main objective, and sound better system that helps any group member to overcome any obstacles in attaining the team's objectives.

In psychology, quality is a property or feature of an element. The concept of qualities, and notably how to identify different kinds of characteristics from one another, is still debated in contemporary philosophy.

To know more about the high-performance teams and quality, refer to the link below:

https://brainly.com/question/21852404

The Texas Constitution mandates that money spent on debt service cannot exceed more than what percentage of state revenue

Answers

Answer:

5 percent

Explanation:

The Texas Constitution mandates that money spent on debt service cannot exceed more than 5 percent. When the state of Texas was established, Texas had very little debt. So, as a result, the Constitution was created and it states that it can not exceed 5%. Therefore, the answer is 5 percent.

what are the main functions of HR department

Answers

Answer:

Personnel administration.

Personnel recruitment and selection.

Compensation and incentive management.

Development of a positive work climate.

Employee performance evaluation.

Staff training and development.

Labour relations.

Occupational health and safety.

Explanation:

The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.

If the supply of real balances is 300, and the gross domestic product is 90, then the equilibrium interest rate is

Answers

Suppose that the demand for real balances is (M / P)d = (5Y) - (20r). If the supply of real balances is 300, and the gross domestic product is 90, then the equilibrium interest rate is

Answer:

7.5

Explanation:

Given that (M / P)d = (5Y) - (20r).

Where supply of real balances is 300

The gross domestic product is 90

Hence we have 300 = (5Y) - (20r)

Therefore, we have 300 = (5×90) - (20r)

=> 300 = 450 - 20r

=> 20r = 450 - 300

=> 20r = 150

=> r = 150 ÷ 20

=> r = 7.5

Therefore, in this case, the correct answer to the question is that the equilibrium interest rate is 7.5

For a closed economy, GDP is $18 trillion, consumption is $13 trillion, taxes are $2 trillion and the government runs a deficit of $1 trillion. What are private saving and national saving

Answers

Answer:

Private saving = $3 trillion

National Saving = $2 trillion

Explanation:

Private saving = GDP - Taxes - Consumption + Transfer payments

Private saving = $18 trillion - $2 trillion - $13 trillion + 0

Private saving = $3 trillion

Government runs a deficit of $1 trillion means its spending is $1 trillion more than the tax revenue.

So, National Saving = Private saving + Public saving

National Saving = $3 trillion + ($2 trillion - $3 trillion)

National Saving = $3 trillion + (-$1 trillion)

National Saving = $2 trillion

Which of these is a consumer right recognized by the United Nations? a. right to equality b. right to openness c. right to education d. right to collaboration Please select the best answer from the choices provided A B C D

Answers

Answer:

c. right to education

Explanation:

The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.

The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.

Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.

The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).

Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.


To avoid financial worry, keep the cost of housing (including mortgage, interest, insurance, and property taxes ) below_______of pre tax income.

A. 05%
B. 28%
C. 50%
D. 15%

Answers

pretty sure it’s D.

All the housing costs which include (mortgage, interest, insurance, and property taxes) should be below 28 percent of pre-tax income to avoid financial stress.

What is the 28% rule?

The 28 percent rule states that your house payment, including property taxes and insurance, should not exceed that percentage of your monthly gross income.

This is also known as a decent general guideline for mortgage payments or a safe mortgage-to-income ratio.

Therefore, Option B. 28% is the correct answer.

To learn more about the 28% rule, refer to the link:

https://brainly.com/question/26173267

Why do companies like Abercrombie & Fitch and Zara think that opening retail outlets in Japan will help them with their future products?

Answers

Answer: opportunity

Explanation:

Saw a question like this before. Because it's a opportunity to get more customers and doing it in other countries gives you opportunity for it

Answer:

Because of opportunity

Henna Hair Salon purchased supplies for $6,000 and debited Supplies for the full amount. At the end of the accounting period, $1,800 worth of supplies were still on hand. Identify the adjusting entry needed at the end of the period. debit Supplies $4,200; credit Supplies Expense $4,200 debit Supplies Expense $7,800; credit Supplies $7,800 debit Supplies $1,800; credit Supplies Expense $1,800 debit Supplies Expense $4,200; credit Supplies $4,200

Answers

Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200

Explanation:

Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.

The supplies expenses of $4200 was gotten as:

= $6000 - $1200

= $4800

Therefore, the correct option is D.

.

On October 31, 20X5, West Company received a condemnation award of $450,000 as compensation for the forced sale of a warehouse. On this date the warehouse, including the land on which it was situated, had a book value of $275,000. During December 20X5, West purchased a parcel of land for a new warehouse site at a cost of $125,000. West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Answers

Answer:

$175,000

Explanation:

Calculation to determine West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Using this formula

Gain on condemnation=Compensation for the forced sale-Book value

Let plug in the formula

Gain on condemnation=$450,000-$275,000

Gain on condemnation=$175,000

Therefore what should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of $175,000

_____ is used to develop tactical plans by integrating customer-focused marketing plans for new and existing products with the operational management of the supply chain.

Answers

Answer:

Sales and operations planning (S&OP).

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

Generally, the four (4) stages of a supply chain include the following;

I. Supply management.

II. Supply chain management.

III. Supply chain integration.

IV. Demand-supply collaboration.

Sales and operations planning (S&OP) is an aspect of business management and supply chain planning that is typically used for the development of tactical plans by integrating customer-focused or customer-oriented marketing plans with respect to new and existing products into the operational management of the supply chain.

In conclusion, sales and operations planning (S&OP) helps manufacturers to better match supply with consumer demands by means of collaboration between the sales department and the operations department to create a single production plan.

If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as...

Answers

Answer:

Monopoly

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

Hence, when consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.

For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society and decides on how much to charge.

Answer:

Monopoly

Explanation:

If consumers are charged very high electricity rates in an area where there is only one electric company, this is known as monopoly.

True or false: According to the equity theory, each worker develops a personal input-output ratio to compare his or her inputs with the inputs or rewards offered by the organization.

Answers

Answer:

true

Explanation:

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The answer is : True

4. Does inflation cause a change in demand? Explain the role of inflation in determining demand.

Answers

Answer:

Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.

If the premiums are not paid on a Traditional Whole Life policy that has been in force for decades with no loan outstanding, what happens

Answers

Answer:

The surrender cash value is used for the extended term option.

Explanation:

This is where the nonforfeiture clause comes to policyholders aid. The nonforfeiture clause allows the policy holder who has not made payment of premiums within the grace period to be able to get the cash value of his whole life policy(with already paid premiums), recovered either by cash or extended term option or any other agreement made prior. The cash value of his whole life policy could be applied to the extended term option, allowing the policy holder to get a term insurance policy worth the value of his surrender whole life policy minus any loans against it.

According to the text, economists are starting to understand that ________ matter just as much as ________ to occupational success.

Answers

Answer:

personality traits; cognitive ability

Explanation:

The definition of a personality trait is a quality or an attributed that become different with respect to the character, action and the attitude.

While on the other hand, the cognitive ability means the mental capability that includes the capability for reasons, planning, problem solving

So here the personality traits are understand and also the cognitive ability for success of an organization

Terra Corp. is incorporated in Florida with its principal office in Destin. Phyllis is the president of Terra Corp. and owns 51% of its shares. A potential buyer approached Phyllis with an offer to purchase her shares. The buyer offered Phyllis an additional bonus if Phyllis would step down from her office as president. Phyllis approached her attorney to determine whether the agreement to sell her shares is valid. The attorney should advise Phyllis that:

Answers

Answer: The agreement breaches Phyllis's fiduciary duty of loyalty as an officer of the corporation.

Explanation:

The attorney should advise Phyllis that the agreement breaches Phyllis's fiduciary duty of loyalty as an officer of the corporation.

The duty of loyalty forbids an officer from having his personal interests above that of the corporation. In this situation, accepting a bonus in order to give up the presidency simply means the officer has out his interest above those of the corporation, hence this is a breach of duty.

rey Wolf, Inc., has current assets of $2,360, net fixed assets of $11,200, current liabilities of $1,445, and long-term debt of $4,170. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. How much is the company's net working capital? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers

Answer:

A. $7,945

B. $915

Explanation:

a. Calculation to determine the value of the shareholders' equity account for this firm

Using this formula

Owners' equity = Total liabilities and owners' equity − Current liabilities − Long-term debt

Let plug in the formula

Owners' equity = $13,560 − 1,445 − 4,170

Owners' equity = $7,945

Therefore the value of the shareholders' equity account for this firm is $7,945

b. Calculation to determine How much is the company's net working capital

Using this formula

Net working capital = Current assets − Current liabilities

Let plug in the formula

Net working capital = $2,360 − 1,445

Net working capital = $915

Therefore the company's net working capital is $915

If variable costs per unit decreased because of a decrease in utility rates, the break-even point would

Answers

Answer:

Decrease

Explanation:

The break-even point will decrease because the variable cost increases when the volume of quantity increases and it decreases when the volume of quantity decreases. Therefore, due to a decrease in utility rates, the decrease in variable cost will decrease the break-even point because it will fall the quantity and revenue simultaneously.

A group of six investors wants to open a new bank. In their application to the Comptroller of the Currency, they discuss that the community they want to do business in has a median income of $55,000, that there are approximately 75,000 homes in the community and that there is approximately $5.6 million in sales generated in the community on any given day. Which decision factor for seeking a new charter are the investors discussing

Answers

Answer: The level of economic activity in the community

Explanation:

The decision factor for seeking a new charter that the investors discussing is the level of economic activity in the community. Economic activity refers to the activity regarding the provision, purchase and sale of goods or services in an economy.

Since the investors discuss that the community has a median income of $55,000, has 75,000 homes and that there is approximately $5.6 million in sales generated in the community on any given day, then they're discussing about the level of economic activity in the community.

______ is a legal doctrine that requires employers to have a job-related reason for terminating employees, including violation of rules and poor performance.

Answers

Answer:

A wrongful discharge (dismissal)

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.

A wrongful discharge (dismissal) refers to a legal doctrine that requires employers of labour to have a job-related and justifiable reason for the termination of an employee's contract, including violation of rules and poor performance by the employee.

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