What are the strategies that businesses use according to the Ansoff Growth Matrix?

Answers

Answer 1

Answer:

The Ansoff Matrix is a strategic planning tool that provides a framework to help executives, senior managers, and marketers devise strategies for future growth. It is named after Russian American Igor Ansoff, who created the concept. There are four Ansoff Matrix strategies:

Market Penetration is the organization tries to grow using its existing offerings (products and services) in existing markets.
Market Development is a firm tries to expand into new markets (geographies, countries etc.) using its existing offerings.
Product Development is a company tries to create new products and services targeted at its existing markets to achieve growth.
Diversification is when an organization tries to grow its market share by introducing new offerings in new markets. It is the most risky strategy because both product and market development is required.

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Four children pull on the same stuffed toy at the same time, yet there is no net force on the toy. How is this possible?

Answers

Four children possibly around the same age , they are pulling on the toy most likely with the same amount of strength this will act as no force.

Example : If you and I were playing " tug-a-war " and we both pull on opposite sides with the same amount of force no one would move, the rope would be still, because the same force is on both sides of it.

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I really hope that i helped you out a lot :) have a nice day.

Answer:

Forces are either positive or negative vectors, depending on the direction in which the force is acting. The net force is the sum of all of the forces acting on an object. If the children pull on the toy with the same force in opposite directions, the forces will be perfectly balanced and cancel out, leaving a net force of zero.

Explanation:

for the edge peps :)

Mariah Dover cashed her $100 traveler's check in Riga, the capital of Latvia. At the current _____ rate, she received $61.82 in Latvian currency from the bank teller who took her traveler’s check.

Answers

Answer:

current floating exchange rate

Explanation:

Exchange rate is the rate at which one currency will be exchanged with another. For example, 1 United States Dollar is equivalent to 4.24 Poland Zloty as of March 2020.

There are two common types of exchange rates:

1. Floating exchange rate: This is set by the FOREX market, and is based on the current supply and demand of currencies. When demand for a currency is high, its value increases and vice versa.

2. Fixed exchange rate: A fixed or pegged exchange rate is whereby a government entirely determines the rate and value of the currency.

Generally, a floating exchange rate system is used in the global market. This does not mean countries allow their currencies to fluctuate endlessly. The central bank of a country and it's government does intervene and manipulate the currency to make it favorable for them during international trade but it is done in a more indirect manner as opposed to a fixed exchange rate system.

Final answer:

The missing term in the sentence is 'exchange rate'. This rate determined the amount in Latvian currency Mariah received for her traveler's check.

Explanation:

The term currently missing in the sentence is exchange rate. The exchange rate is the value of one currency for the purpose of conversion to another. It plays a vital role in the level of trade of a country, which is critical to most free market economies in the world.

So for Mariah, the current exchange rate between the US dollar and the Latvian currency determined that her $100 should be converted to $61.82 in Latvian currency.

Learn more about exchange rate here:

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In a market characterized by ________, all firms must be small and the number of firms in the industry must be large. A. oligopoly B. stable competition C. monopolistic competition D. perfect competition

Answers

Answer:

D. perfect competition

Explanation:

Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,

1. All firms sell a homogeneous or identical products

2. There are barriers to entry or exiting in the market

3. All firms are price taker; no single entity can influence the prices

4. There many very firms and seller in the markets

5. Buyers have sufficient knowledge about the sellers and the market.

Final answer:

A market condition characterized by large numbers of small firms is known as Perfect Competition, where no single firm has the power to impact market prices.

Explanation:

The correct answer to the given question is Perfect Competition. In a market characterized by perfect competition, all firms are assumed to be small and the number of firms in the industry must be large. This is to ensure that no single firm has any market power that can influence prices. It implies that firms are price takers and essentially based on demand and supply, market prices are determined. If we move to other types of market structures like oligopoly or monopolistic competition, we find that these focus on few firms controlling the market or product differentiation, rather than large numbers of small firms.

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Select the correct answers.What are two reasons to save Instead of Invest?
safety
liquidity
profit
retirement
insurance

Answers

Answer:

the correct answers are,

safety
liquidity

Explanation:

saving money does not include much risk and is not affected by market volatility and prices. Most of the time, the savings' are guaranteed by the banks and governments through various securities.

Also, money in savings are easy to get back for your use!

Answer:

What are two reasons to save instead of invest?

safety

liquidity

profit

retirement

insurance

Explanation:

#platofam

the area of a rectangular photograph is 35 square inches if the width of the photo is 5 inches how tall is the photo