Why do micro-commitments have high conversion rates? Select all that apply. Micro-commitments do not have high conversion rates. Humans are cautious. Humans desire to remain consistent. Humans are lazy. 0000
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- Means moving into totally different lines of business, perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system. A. DiversificationB. Market developmentC. Product developmentD. DifferentiationE. Market penetrationX The innovation of Caterpillar company for machines is exclusive but takes some time to adapt in the target market. Based on the given situation, which is true for the company-* O O O O Complexity is high and change is stable X Northend Coffee uses a vertically integrated supply chain where the company is involved in every step of its supply chain process. It is trying to connect with what kind of environment? * Complexity is high and change is dynamic Complexity is low and change is stable complexity is low and change is dynamic O O O Task environment Internal Environment Genaral Environment Task and Internal Environment X Pom Pom company is calculating the the threat of new entrants to understand the challenge of the industry. This threat will be high if * The rivalry among competitors is high The number of substitutes is high The investment in plant and equipment is high Availability of suppliers is highWhich of the following is an advantage of a company following a focused strategy? Companies following the focused differentiation strategy can charge very high prices. Damaging attacks never comes from larger firms. The companies are protected from the damaging attacks of smaller firms that adopt an even narrower focus. Companies following the focused differentiation strategy never have their growth stymied irrespective of the fact that they serve a niche market. The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.
- A brand new store, Billy's Boards, opens and business takes off. We would expect: government to investigate this new business. the price for Billy's Boards products will increase. new firms will enter the board business. O people will change their preferences to boarding.What is it called when most customers have to walk a minimal amount of steps to purchase a product? S.O.S (Socially Optimal Solution) B, P.O.S. (Positionally Optimistic Sales) M.E.P (Monetary Equalization Pattern) © C.CA. (Cousin Competition Agreement)With over 300 stores in 40 countries, IKEA is a major international presence in retail housewares and furnishings. IKEA publishes country-specific catalogues with local currency prices guaranteed to hold for 1 year. • IKEA is a multinational retailer of furniture and home goods. Ingvar Kamprad, the founder of IKEA, was born in 1926 in southern Sweden. IKEA has now become known worldwide for its innovative and stylish designs. • Almost all IKEA products are designed to for flat packaging, which reduces shipping costs, minimizes transport damage, increases store inventory capacity, and makes it easier for customers to take the furniture home themselves, rather than needing delivery. • But the original reason for it was competitive pressure from IKEAs competitors to their suppliers, who boycotted IKEA, forcing IKEA to do it themselves • Slack et al., (2011) define the 4 V’s that characterize operations as: volume, variety, variability, and visibility
- i will 10 upvotes urgent Which of the following statements correctly describes Veblen Goods? (a) These are the goods for which demand increases as the price increases. (b) These are the goods with no opportunity cost. (c) These are the inferior goods whose demand remains constant irrespective f change in prices. (d) These are the goods for which demand increases as the prices fall.Carl rarely buys the same brand of toothpaste twice in a row; he usually just gets what's on sale. Kari, on the other hand, ALWAYS buys the same brand of toothpaste because she has sensitive teeth and believes that Sensodyne is the best. According to our lecture, Carl's toothpaste decisions can be categorized _____, whereas Kari's decisions can be categorized as as Brand switching / brand loyalty Brand laziness / brand loyalty Routine choice / habitual choice O Low effort / High involvementSEM 2-AY 20-21 Moving Forward My courses / BAMG2111 / Entrepreneurship MID Muneer has established a small business in his local area. His business is not going very well because the competitor is a very big and reputable one and most consumers go to it and ignore Muneers business. The main reason of this issue is. a. Lack of skilled staff O b. Lack of budget O c. Lack of legitimacy O d. Lack of revenue
- Identify three new advanced maintenance strategies which could be adopted by thebusiness. Within your discussion, you must identify the advantages and disadvantagesof each strategy. Marks will be awarded for clear and concise explanations which fullydescribe each strategyRoberto is selling his house. His neighborhood is experiencing a strong seller's market. What can Roberto reasonably expect during this home selling process? Buyers are going to ask for concessions and want him to help pay for their closing costs. The home will sell quickly and at a high price. The home will spend a long time on the market before he gets a good offer. Buyers are going to make offers well below the asking price.Analyze the problem and answer what is asked for. One of your dreams is to have a new cell phone. You went to a mall and the dealer gave you the following options. Brands: Love, Hope, Care Colors: white, black red, blue Models: X,Y,Z Questions: 1. How many brands are there? 2. How many colors are available? 3. How many models are given? 4. How many available cellphones could you choose from?