The superior position a product enjoys over competing products if consumers believe it has more value than other products in its category is referred to as Direct ownership.
A product is an object provided for sale. Products are offerings or items. It may be in bodily or digital or cyber forms. All merchandise is made at a rate and bought at a rate. The rate that may be calculated relies upon at the market, quality, marketing, and goal segment. A product is an object or carrier which you promote to fulfill a customer's desires or desires. they're bodily or digital. Physical merchandise encompasses long-lasting goods (which include cars, furniture, and computers) and consumables (which include meals and beverages).
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decisions regarding logistics and managing the supply chain take place within the element of the marketing mix.
Decisions regarding logistics and managing the supply chain take place within the element of the marketing mix. The given statement is TRUE.
The four Ps are also known as the marketing mix.
The 4 ps are:
ProductPricePlacePromotionThey include a variety of factors that are taken into account when marketing a product, such as what consumers want, how the product or service meets or fails to meet those wants, how the product or service is perceived in the world, how it differentiates itself from the competition, and how the company that produces it interacts with its customers.
Product:
The product's definition is also critical to its distribution. Marketers must comprehend a product's life cycle, and business executives must have a strategy for dealing with products at each point of their life cycle.The sort of product also influences how much it will cost, where it should be installed, and how long it will last.Price:
The price of a product is the amount of money that customers are willing to pay for it. Marketers must link the price to the product's true and perceived worth, while also taking into account supplier costs, seasonal reductions, rival prices, and retail markup.In rare circumstances, business decision-makers may increase a product's price to give it the image of luxury or exclusivity. Alternatively, they may reduce the price so that more buyers will try it.Place:
Placement is the consideration of where the product should be available, both in physical stores and online, as well as how it will be exhibited.This entails simply placing a product in specific stores and ensuring that it is showcased to its best potential.The term placement also refers to advertising the goods in the appropriate media to attract consumers' attention.Promotion:
The purpose of promotion is to communicate to customers that they require this product and that it is reasonably priced. Advertising, public relations, and the whole media strategy for launching a product are all examples of promotion.Marketers frequently combine promotion and placement components to attract their target audiences.Hence, the given line is TRUE.
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Policy makers frequently do not want to see their currencies depreciate because it makes__________ goods more expensive fo
Policymakers frequently do now not want to look their currencies depreciate because it makes customers' items extra high priced for contributions.
A policymaker is someone who creates thoughts and plans, particularly those done with the aid of an enterprise or authorities. A mayor, a school board, an organization's board of directors, and the President of America are all policymakers.
Policymaking is the act of creating laws or setting standards for a government or commercial enterprise. An instance of policymaking is when the President and his personnel draft and pass a new crime bill.
Policymakers are often sensible customers of proof and have huge and varied information, knowledge, and backgrounds. Their remarks and advice can enhance the capacity for impact and even the first-class of your studies.
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trid requires that an informational booklet prepared by the cfpb be given to the borrower at the time of application or provided
TRID requires that an informational booklet prepared by the CFPB be given to the borrower at the time of application or provided within three days of the loan application.
TRID is a sequence of tips enforced through the customer financial protection Bureau (CFPB) that try to close some of the loopholes that unscrupulous lenders have used in the past to trick purchasers. TRID regulations dictate what loan statistics creditors need to offer to borrowers and when they need to offer it.
The Consumer Financial Protection Bureau is an organization of the USA authorities accountable for consumer safety in the financial zone. Complaints provide the Bureau with near actual-time records about the varieties of demanding situations customers are experiencing with monetary services and products. We use them to inform our efforts in client schooling, create clear rules of the road for groups, and take motion towards awful actors inside the marketplace.
The main purpose of the consumer financial protection Bureau is to defend customers from unfair, deceptive, or abusive practices and take action against agencies that break the regulation. We are human beings with the records, steps, and tools that they want to make smart monetary selections.
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during your research, you also come across a web site on hybrid cars. the web site explains buying incentives and offers several customer testimonials
The goal of a Web site that describes buying incentives and shows several client testimonials. is to transform the thinking or actions of others and to engage the viewer to sell a product or service.
Customer TestimonialsCustomer Testimonials are a system that generates empathy and confidence in who sees the commercial. In trade it is known as "social proof" and is used to influence the future buyer to perform a certain action.
The testimony relates directly with the emotionality of the people who see the ads. These surfaces will serve as the basis for forming opinions that will explain their actions. When depositions are heard, you learn about the knowledge of others.
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A project under strict terms and conditions to produce project deliverables on time or suffer late penalties is an example of a:_______
a. commercial risk.
b. technical risk.
c. legal risk.
d. execution risk.
A project below strict phrases and situations to provide mission deliverables on time or go through overdue consequences is an example of commercial risk.
Industrial chance or enterprise danger is a term used to embody diverse perils that can get inside the way of a commercial enterprise's fulfillment. If now not treated properly, those commercial risks can also cause a enterprise to be in the red or to head under. that is why proper threat management is crucial.
Business dangers can broadly be divided into the subsequent classes: financial or marketplace risks which may also consist of changes to enter and output prices versions in call for from projected ranges; access to and the fee of debt and equity financing and commercial risks.
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A market segment that has enough profit potential to justify developing and maintaining a special marketing mix is said to be _______.
A market segment that has enough profit potential to justify developing and maintaining its special marketing mix is said to be successful.
What is a Marketing Mix?In marketing, this refers to those elements of business that are designed to meet the needs of its customers; it's includes the price, product, promotion and place.
The conditions for a successful market segment are:
the buyer needs for the product must be heterogeneous.segments must be identifiable and divisibledifferent market segments must be comparable with respect to estimated sales potential, costs, and profitsa segment must have enough profit potential to justify developing and maintaining a special marketing mix for itfirm must be able to reach the chosen segment with a particular marketing mix.Read more about market segment
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When the income-consumption curve is backward-bending to the left, the good represented on the x-axis must be?
When the consumption-income curve swerves back and forth, the goods represented on the x-axis must be inferior goods.
The income-consumption curve or income expansion path can be defined as the optimal set of consumer combinations, which is obtained by varying their income levels and keeping the prices of goods constant. That is, how consumers' choices change when their incomes change and prices are maintained.
The positive sign (+) indicates a positive relationship between consumption and income. The consumption function curve line can be drawn by taking two points which are then connected by a straight line. The consumption function curve is drawn by taking a line that passes through point 1 and point 2.
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What happens to the total amount of consumer surplus in a market if the cost of production rises? the total amount of consumer surplus:
The total amount of consumer surplus in a market decrease if the cost of production rises.
Consumer surplus in economics demonstrates the difference between the actual price of a commodity paid by the consumer and the price he is willing to pay for the same. It refers to the consumer benefits resulting from market competition. A surplus occurs when the consumer's willingness to pay for a product is greater than its market price.
This concept of consumer surplus is based on the theory of marginal utility meaning the additional satisfaction a consumer gains per unit. Thus, as the cost of production increases, the price increases too. This increase in price lowers consumer satisfaction and thus the consumer surplus.
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The appropriate attribute for measuring plant assets is:_________
a) current cost.
b) present value of future cash flows.
c) net realizable value.
d) historical cost.
Assets for plants should be valued at their historical cost. The majority of inventories, together with plant, property, and equipment, are presented at historical cost.
A combination of assets called a plant, such as a foundry, factory, or workshop, is utilized in an industrial process. These assets are a part of the fixed assets category, which also includes automobiles, intangible assets, and office supplies. Like all other assets, plant assets are recorded on your balance sheet, where they are often shown apart from current assets and are frequently referred to as fixed assets, property or long-term assets, and plant and equipment (PP&E) assets. Cost is determined by the amount of money exchanged during a cash transaction or by the price in cash equivalent when non-monetary assets are used as payment. The fair market value of the asset forfeited or the fair market value of the asset obtained, whichever is more easily ascertainable, determines the cash equivalent price.
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Those who emphasize learning and experience in perceptual development are called?
Those who emphasize learning and experience in perceptual development are called empiricists.
Who are empiricists?This is the term that is sued to refer to the people that practice empiricism. That is they are the people that believe in the epistemological theory that has to do with the justification of knowledge and the fact that knowledge only comes from the sensory experience that a human being would have.
John Locke is a Philosopher that can be used as an example. Hence we can say that Those who emphasize learning and experience in perceptual development are called empiricists.
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Which goal-setting strategy will increase an employee's sense of responsibility in meeting goals?
Answer: Management by objectives (MBOs) is a goal setting strategy designed to improve both employee and company performance and boost engagement through a rewards-based system.
Explanation:
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inputs, transformational processes, outputs, and feedback are all considered part of which if the following: group of answer choices chegg
Inputs, transformational processes, outputs, and feedback are all considered part of information system
What is information system?
A formal, sociotechnical organizational structure created to gather, process, store, and distribute information is known as an information system (IS). Four elements make up information systems from a sociotechnical standpoint: task, people, structure (or roles), and technology.
Information systems can be characterized as the integration of elements for the gathering, storing, and processing of data, where the data is utilized to produce digital products that help with decision-making and to offer information.
An information processing or interpretation system that combines people and computers is known as a computer information system. A computer system having software installed is sometimes sometimes simply referred to by the name.
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A registered representative enters an order for a customer, and later notices that the wrong account number has been entered on the order ticket. the proper procedure is the?
The proper procedure when a registered representative enters the wrong account number is that the branch office manager must approve a change of account number on the existing order ticket.
The reputation that the company has in the eyes of the customer is the most important thing. A fall in this may result in the customer going somewhere else. so this results not only in the loss of that customer but all the business that the customer and his friends could give us and this should be prevented at any cost.
Customer satisfaction is the main factor so the rectification of the mistake has to be done within the office itself. The branch office will have to approve the change of the account number of the existing order ticket. As the customer wanted the product he approached the company. So the mistake should be rectified by the branch office where the registered representative works.
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On a linear demand curve, if the price is low and the quantity demanded is high, demand is _____ in that region and a price increase will cause _____ in total revenue.
On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase in total revenue
Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. [1] The term "commercial revenue" can also refer to sales or turnover. Some businesses make money from royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money earned over a certain time period, as in "Last year, Company X had revenue of $42 million." The general definition of profits or net income is total revenue less total expenses for a specific time period. Revenue is a component of the Equity section of the balance sheet in accounting, and revenue raises equity.
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finding a group of customers who want what you have to offer and providing it better than others do so that you maximize perceived value for that group
Marketing is about finding a group of customers who want what you have to offer and providing it better than others do so that you maximize perceived value for that group.
What is marketing?
Marketing means the activities a company does to promote the buying or selling of a product or the services they offer. Marketing includes advertising, selling, and delivering products to the end consumers or other businesses. Professionals who work in a corporation's marketing and promotion departments manage to get the attention of key potential audiences through activity like advertising.To learn more about marketing, refer to:
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You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. What is the highest price investors would be willing to pay for this security?.
Investors would be willing to pay $693 maximum for this security.
Year Cash flow PVF at 17% PV
1
1 100 0.917 92
2 102 0.842 86
3 104 0.772 80
4 106 0.708 75
5 108 0.650 70
6 110 0.596 66
7 113 0.547 62
8 115 0.502 58
9 117 0.460 54
10 120 0.422 50
Price = 693
My expectations include having the capacity to discover out the way to distinguish commerce issues, the way to select investment methodologies to handle these issues, and the way to arrange and execute the strategies required to achieve these objectives.
A chance to conversation with previous assistants from that company to actuate their viewpoint on the internship encounter. I would make your investment work much simpler. I've got parts of abilities that will make me stand out. I'd like you to give me a chance to let my work speak to myself.
As a result I pick-up modern advances rapidly, I do know I'd be prepared to step into my internship investment and make an impact. Which, is what I really need to undertake to do in an internship. I would like to form a bearing on my group and supply genuine esteem
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According to general electric stratergy grid, an opportunity which is low on the business shrenght dimension but high on thr industry attractiveness should be?
The correct answer is if it is an existing business, it will likely be supported; if it is a new opportunity, it will likely not be supported.
The GE method takes into account more than just market growth rate when determining how desirable an industry is. It makes use of a market size, market growth rate, industry profit margin, level of competition, seasonality and demand cycle, and industry cost structure-based industry attractiveness index. The GE approach once more uses an index for company strength rather than a straightforward calculation of relative market share. The relative market share, price competitiveness, product quality, customer and market expertise, sales effectiveness, and geographic advantages are some of the elements that make up the business strength index. These elements are scored and added up to create an index of business strengths that is classified as being strong, average, or weak.
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An american firm decides to build another manufacturing plant in poland to handle the demand for its products in that country. this is an example of?
An american firm decides to build another manufacturing plant in poland to handle the demand for its products in that country. this is an example of a direct investment .
What is direct investment ?
Direct investment is sometimes known as foreign direct investment (FDI). FDI is an investment in a foreign business enterprise with the goal of acquiring a controlling interest in the enterprise. Direct investment provides capital support in exchange for an ownership stake in a firm without requiring the purchase of normal shares of stock.
Direct investment may entail a corporation in one country establishing its own business operations in another.
Direct investment can also entail purchasing control of a company's assets that are already operating in a foreign country.
Direct investment can be classified into three types: vertical, horizontal, and conglomerate.
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for each of the following scenarios, indicate whether the individual made a correct choice or an incorrect choice when preparing a budget. correct choice incorrect choice nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. he should include this in his budget. stella was just notified that her contribution to the company’s health plan is increasing by 3.5%. it’s a company expense, so stella doesn’t include it in her budget. as sam was reconciling his checkbook, he realized that he incurred $13.25 last month for atm withdrawals. he looked back at the last six months and realized that he averaged the same amount each month. this is an unexpected expense and shouldn’t be listed in his budget. every year the wus buy a big item or take a trip with a single annual bonus barb receives. they included this in their budget.
1. Correct choice. Nathan usually pay the monthly commission of $2,200. Therefore, it should be included in the budget.
2. Correct choice Strella has increased the contribution by 3.5% but it is not the usual increase by strella. Therefore, it should not be included in the budget.
3. Incorrect choice. Sam usually withdraw similar amount from ATM for six months. Therefore, it should be included in the budget.
4. Correct choice The trip takes place every year. Therefore, it should be included in the budget
She has paid a painter to create a portrait of herself. An assortment of stamps have been ordered to honor the Fourth of July. They hired me to produce a number of language-related articles. He requested a report on the catastrophe.
a payment made for services, typically a portion of the whole expense. As an illustration, Amanda's painting was sold by City Gallery for $500. Amanda gave them a 10% commission (of $50), leaving Amanda with $450.
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placed an order for office supplies costing $2,000. supplier intends to deliver later in the month. purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month. negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company’s checking account. hired a new finance manager on the last day of the month. received an investment of $10,000 cash from the company’s owners in exchange for issuing common shares. supplies [ordered in (a)] were received, along with a bill for $2,000.
a. placed an order for office supplies costing $2,000
No journal entry
b. purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month.
Equipment Dr. $30000
Cash $10000
Note payable $20000
c. negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company’s checking account.
Cash Dr. $5000
Note payable $5000
d. hired a new finance manager on the last day of the month
No journal entry
e. received an investment of $10,000 cash from the company’s owners in exchange for issuing common shares.
Cash Dr. $10000
Contributed capital $10000
f. supplies [ordered in (a)] were received, along with a bill for $2,000.
Supplies Dr. $2000
Accounts payable $2000
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A bond issued by a state government is called a___bond
Answer:
Municipal bonds
Explanation:
These bonds (also called "munis" or "muni bonds") are issued by states and other municipalities. They're generally safe because the issuer has the ability to raise money through taxes—but they're not as safe as U.S. government bonds, and it is possible for the issuer to default.
Industry types representing companies in a stock market index can best be categorized as? ordinal data. discrete data. nominal data.
Industry types representing companies in a stock market index can best be categorized as nominal data.
What is nominal data?
Without providing any numerical values, nominal data is a sort of data used in statistics to name variables. In its simplest form, it is a scale of measurement. In contrast to categorical data, nominal data can actually be sorted or quantified. However, the quantitative identifiers have no numerical value or connection. However, certain types of qualitative data can also be expressed in nominal form. They could include words, letters, and symbols. Names of individuals, gender, and nationality are among the most prevalent categories of nominal data.
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The long-run average total cost curve is determined by the firm choosing a level of _____ costs to minimize _____ costs.
The long-run average total cost curve is determined by the firm choosing a level of Fixed costs to minimize long run average total costs.
What is long-run average total cost ?
Long-run average total cost (LRATC) is a business statistic that represents the long-run average cost per unit of output when all inputs are variable and the scale of production is variable. The long-run average cost curve depicts the long-run overall cost of producing a certain level of output.
Long-term unit costs are usually always lower than short-term unit costs because organizations have the option to adjust large components of their operations, such as factories, to attain optimal efficiency over the long run. The determination of the lower bounds of LRATC is an aim shared by both corporate management and investors.
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The lease is appropriately classified as a sales-type lease. assuming the interest rate for this lease is?
The lease is appropriately categorized as an income-type lease. assuming the hobby rate for this rent is 9%.
A lease is assessed as a finance hire if it transfers the possession of belongings to the lessee. An instance of a finance rent can be the car lease wherein the lessee makes periodic payments to the lessor and after a specific time frame says after 5 years, the ownership of the vehicle is transferred to the lessee.an agreement to pay cash so one can use land, a building, a vehicle, or a bit of device for a selected time frame: The employer signed a lease for the assets in December. The authentic tenant stays liable during the whole term of the lease.
A lease is a contractual association calling for the person to pay the owner for the use of an asset. belongings, homes, and vehicles are commonplace belongings that can be leased. commercial or commercial enterprise equipment is also leased. basically, a hire settlement is a settlement between two events: the lessor and the lessee.
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What type of price elasticity of demand results from a relatively small percentage change in quantity demanded divided by a relatively larger percentage change in price? multiple choice question.
A comparatively small percentage change in quantity required split by a relatively greater percentage change in price produces inelastic price elasticity of demand.
Price elasticity of demand measures how much a product's consumption changes in response to price changes.
Price elasticity is a tool used by economists to analyze how supply and demand for a product fluctuate in response to price changes. Supply has an elasticity, or price elasticity of supply, much like demand. Price elasticity of supply is the correlation between price change and supply change. It is computed by subtracting the percentage change in price from the percentage change in quantity delivered. The two elasticities work together to define what products are produced and at what costs.
The complete question is:
What type of price elasticity of demand results from a relatively small percentage change in quantity demanded divided by a relatively larger percentage change in price?
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what is the slack time for activity e? taskpredecessordurationearly startearly finishlate startlate finish a--8 ba14 ca238 dc, b62326 ec32 fd, e3238
The slack time for activity e will be 0. The start times, end times, and duration of the different activities.
There are two paths from which the project can be completed.
The first path is :
A ⇔B, B⇔D, D⇔E, E⇔F.
Calculating the slack time for E will require subtracting the finish time from the start time.
The slack time for activity E will be 32 - 32 = 0.
The second path is:
A⇔C, C⇔D, D⇔F
In this path, activity E does not take place.
Slack time tells us how much time we can delay the start of the activity and still get the activity finished on time. When the slack time is 0 then it shows that the activity is critical and cannot be delayed at all.
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you take a long position in a futures contract. the following day, the futures price rises by 1%. what is the return on equity in your margin account?
A futures contract is purchased long. Next day, there is a 1% increase in the price of futures. The return on equity in your margin account is higher than 1%.
In contrast to equality, the term "equity" denotes justice and fairness: Equity, as opposed to equality, refers to the understanding that not everyone starts from the same place and that inequities must be acknowledged and corrected. The process is ongoing, and we must find and remove both intentional and unintentional impediments brought on by prejudice or systematic structures. Equity can be used to a single asset, such as real estate property, or to a corporation and is calculated by deducting liabilities from assets. For instance, if a person owns a home worth $400,000 and owes a mortgage of $400,000, the $100,000 difference is equity.
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question content area top part 1 over the past 10 years, five mutual funds all had the same mean rate of return. the standard deviations for each of the five mutual funds are shown below. capital investment: %; vanity: %; global advisor: %; international equities: %; nomad: % which mutual fund was least consistent in rate of return?
Based on the given standard deviations of the mutual funds, the mutual fund which has been least consistent in rate of return is D. Capital Investment.
How to know least consistent mutual fund?The least consistent Mutual Fund is the Mutual Fund that has the highest standard deviation. What this means is that the rates of return have been more varied around the mean rate of return that the mutual fund gives and so points to less consistency.
The least consistent Mutual fund is therefore Capital Investment as it has the highest standard deviation of 8.2%. This shows that its rates of return are in a range of 8.2% around its average.
Full question is:
Over the past 10 years, five mutual funds all had the same mean rate of return. The standard deviations for each of the five mutual funds are shown below. Capital Investment: 8.2%; Vanity: 6.3%; Global Advisor: 4.5%; International Equities: 7.8%; Nomad: 5.2% Which mutual fund was least consistent in rate of return?
Choose the correct answer below.
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______ is the view that it is the pull of users in the market that is responsible for innovation
Era push or market pull is the view that it's far the pull of users inside the marketplace this is accountable for innovation.
Innovation is the sensible implementation of ideas that result in the introduction of the latest items or services or improvement in offering goods or services. ISO TC 279 within the widespread ISO 56000:2020 defines innovation as "a brand new or modified entity realizing or redistributing cost".the primary electric cars delivered within the automobile market were additionally an innovation, and new batteries with longer degrees that preserve popping out are also an example of innovation.
The motive of innovation is to create commercial enterprise prices. price may be described in many ways, which include incremental upgrades to existing products, the introduction of absolutely new services and products, or reducing cost.Innovation is often important for groups to conform and overcome the demanding situations of alternate. It fosters increase: Stagnation can be extremely destructive to your commercial enterprise. reaching organizational and monetary increase thru innovation is prime to staying afloat in modern fairly aggressive international.
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Gm invested $500 million in lyft in 2016. what are some possible reasons gm entered an equity alliance with lyft? are there any reasons gm would prefer lyft over uber as an alliance partner?
It was in the year 2016 when GM invested $500 million in the app-based ride-hailing enterprise Lyft which has the second largest taxi fleet in the world after Uber. Many people tried to find out the reason behind GM choosing to invest in Lyft and not in Uber. The one thing about which everybody was sure that being the second largest player in the industry the terms of this investment would have been favorable for GM and Lyft would serve the purpose for which this investment was being made.
GM invested $500 million in Lyft in early 2016 and owns about 9% of the company. Dan Ammann, the carmaker's president, sits on Lyft's board. When they formed the partnership a key goal was to create an autonomous, on-demand vehicle network.
GM invested $500 million in Lyft in January 2016. With a 180-day lock-up period during which GM cannot sell and the expected April IPO of larger rival Uber Technologies Inc further stoking interest in the ride-hailing sector, the value could subsequently rise.
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