Answer:
The correct answer is B Market penetration
Explanation:
Market penetration strategy is one of the four growth strategies and it involves focusing on selling your existing products or services into your existing markets to gain a higher market share.
reduce the price of the item.
increase the price of the item.
place more of the item on the shelf.
Answer:
Constructive conflict should be encouraged for better decision making and performance
Explanation:
Constructive conflict is a positive form of conflict in an organization. It arises when people have different ideas, values and opinions and come together to find the best solution. It is encouraged among teamwork because it allows to find the most creative solutions to problems as everyone corporates and shares different thoughts and views. Participants talk openly and respect other people’s views and opinions. They are also willing to let go of their own ego and agree to someone else’s solution if they are persuaded that it is a better solution than their own. Mediators and facilitators are sometimes used to ensure that a conflict remains constructive as opposed to destructive.
Answer:
option (a) is correct answer '$ 7,000 overfunded'
Explanation:
Data:
Pension asset, January 1, Year 1 = $ 2,000
Service cost = $ 19,000
Interest cost = $ 38,000
Actual and expected return on plan assets = $ 22,000
Amortization of prior service cost arising in a prior period = $ 52,000
Employer contributions = $ 40,000
Total expenses = Service cost + Interest cost = $ 19,000 + $ 38,000
= $ 57000
Now,
projected benefit obligation (PBO) = (Pension asset + Actual and expected return ) - Total expenses
or
projected benefit obligation (PBO)
= $ 2,000 + $ 22,000 + $ 40,000 - $ 57000
or
overfunded projected benefit obligation (PBO) = $ 7,000
hence,
option (a) is correct answer '$ 7,000 overfunded'
Answer: Option A -- Choosing low is a weakly dominant strategy for Apple.
Explanation: Dominant strategy in a game theory can be defined as the course of action that occurs when one strategy/player is better than the other strategy/player regardless of what the other player does or how well the other player may play. dominant strategy is all about a player who has the highest favours in a game. Considering the above matrix, we know that Apple has the dominant strategy. And for apple to choose low is a weakly dominant strategy for it.
The question applies the principles of demand, supply, and pricing in the context of two movie theaters - The Modern Multiplex and The Sticky Shoe. By understanding the relationship between price, demand, and the cost to serve each customer, we can analyze the probable outcomes of price regulations, like the imposition of a price floor, on the businesses.
The question pertains to the economic concept of demand curves and consumer behavior using two movie theaters as examples. The Modern Multiplex and the Sticky Shoe operate at different prices and attract different numbers of customers. The demand for movies at the multiplex is given by the equation qmm = 14 - pmm + pss, while the demand at Sticky Shoe is given by qss = 8 + 2pss - pmm. Here, 'q' represents the quantity of movies demanded and 'p' represents the respective price in dollars.
Given that Multiplex has higher expenses per customer at $4, their ticket prices would naturally be higher than Sticky Shoe, which has a lower cost per customer at $2. This translates to their demand equations; the negative sign in front of pmm in Multiplex's demand equation suggests that as prices increase, their demand decreases because more people start favoring Sticky Shoe. Similarly, the positive sign in front of pss in Sticky Shoe's demand equation indicates that as their prices decrease, more customers prefer it over Multiplex.
This problem demonstrates how price floors can create surpluses and shortages, leading to inefficiencies in the market. For instance, if a minimum price (price floor) is set above the equilibrium price, the quantity supplied at this higher price will exceed the quantity demanded, thus leading to a surplus. If not managed carefully, these surplus situations can indeed lead to losses and business closures, as shown in the movie theater example.
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