Answered: Write 2 or 3 paragraphs to teach the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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29) Which of the following is a potential disadvantage for companies described as Prospectors? a) Focusing on Product offering b) Being responsive to change in the environment c) Being les formalized in its organizational processes d) Inefficient use of resources
33) Which of the following is a potential disadvantage for companies described as prospectors? a) Focusing on Product offering b) Being responsive to change in the environment, c) Being less formalized in its organizational processes d) Inefficient use of resources
Provide three details that logically support each of the following. We quickly spruced up the apartment before our guest arrived. A B C The dinner was a disaster. A B C I have several ways to earn extra cash. A B C Assessment Rubric for Q.3: Details should be relevant to the topic Correct use of grammar and lexical
The business model canvas and the business plan are similar tools for business preparation. T F The standard of conduct and moral values regarding right and wrong actions in the work environment is integrity. T F The organizational culture of business involves understanding how the market defines the concept of its customers. T F An explanation of the organization’s values, intentions, and aims is the organization’s mission. T F Entrepreneurs are individuals who recognize opportunities where others see chaos and confusion. T F Branding is ensuring your products are better than those of the competition’s T F If a venture is not ripe for the market, customers will usually wait until the market becomes ready for the product especially if it is a strong product. T F A business plan is a written document that details how to get financing for a venture. T F Harvesting a proposed venture must be done on a timed basis. T F A P&L statement outlines…
What are the three major forms of business organization in the United States. Describe two pros and cons of each. Edit View Insert Format Tools Table 12pt ✓ Paragraph | B IU A 2 T2²: V V р MacBook Air P O words
أبجد هوز بجد هوز ابجد هوز أبجد هوز عنوان ۲ blaut People knowledge includes which of the following? A. intuitions B. relational information C. Insights D. all of the above What name is given to intermal knowledge like how to ride a bike? A procedural knowledge B. explicit knowledge C. tacit knowledge D. declarative knowledge What t m
5 Based on the cultural anthropology emphasizes viewing another culture from the perspective of an insider, that is, from the perspective of people in the culture being studied. 6 Among the streams of research in business anthropology are organizational culture, consumer anthropology, and ____. 7) "Culture is a kind of umbrella concept made up of (1) material objects; (2) ideas, values, and attitudes; and (3) ______." 8 views culture as constantly evolving, even though it may be identifiable and recognizable. Culture is learned; it influences biological processes; and all cultures face some similar problems and have similar features called (10) Among the common features of culture are economic systems, kinship systems, educational systems, social control systems, Emic approach Select match Select match Select match Select match Select match
Direction: Write your own answer (Shorts Explanation only). 1. A company makes a pair of shoes (a semi-durable) that can last for more than 10 years, Is this art advantage or a disadvantage for its customers? Explain 2. People need to eat. Some "want" to eat pizza or a sandwich. Is it possible for a "want not to emanate from a "need"? Explain by relating your experience.
Explicit knowledge is one of the key ideas from the field of knowledge management and refers to knowledge that's easy to articulate, document, and share. Analyze FIVE (5) the disadvantage of explicit knowledge. with wxplanation
6 of 7 Part B Now think of how you could "sell" the region you chose to a customer at the Time Travel Agency. You will write a short sales pitch, including the text for a travel brochure that encourages someone to visit that region. Check that your sales pitch includes the following: several aspects of the region that would attract a traveler likely dangers the customer might encounter (these may sound like negative traits but they add adventure to your pitch) descriptive wording that highlights the region's physical and cultural attractions fun and engaging writing that will persuade someone to visit the region a good argument with logical reasoning and solid evidence that will convince people to visit the region interesting images of artifacts, monuments, and geographical features Visuals such as photographs, paintings, and illustrations will make your sales pitch more appealing to a potential customer. Use high quality pictures. They shouldn't look fuzzy or grainy. They should be…
Make a thorough (at least a large paragraph) posting in response to ONE of the prompts below. Is it ethical for companies to avoid/target certain segments? For example, many brands do not target low-income, less-educated consumers, while others do target low-income, less-educated segments with unhealthy products? Is this okay? Are you a part of a specific Target Market? Can you think of a particular advertisement on TV that you know is talking right to you?
True or False 1. Consumer behaviour deals with how a consumer purchases, uses and disposes the products. 2. The Stars” in the Boston Consulting Group (BGC) Model represents business unit that is collapsing and needs to be directed. 3. The other name of the marketing mix is the promotional mix. 4. Marketing communication strategy is a way of informing the producers what the company is offering. 5. A company uses distribution channels to make the customers access products and services with ease. 6. Product life cycle (PLC) has five stages which are production, introduction, growth, maturity and decline. 7. In marketing customer needs are the same, as customer wants. 8. A company's market is the set of all actual and potential buyers of the product and services offered. 9. Suppliers are not part of the marketing environment of the business. 10. Market penetration is a strategy that calls to diversify your products and services in a new market. 11. When developing a customer driven…

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Write 2 or 3 paragraphs to teach the competency to somewho who has not taken Introduction to Business. 1. Explain industry competition.