True or false: Strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage. True false question. True False

Answers

Answer 1

Answer:

TRUE

Explanation:

The first-mover advantage is the leverage a company gets to be the first to enter a market with a product and the term "first-mover" does not mean the first company to invent a product.

Being a first-mover is important for strategists to identify the correct marketing mix, so as to be better than their competitors, also it creates a medium to allow strategists to study the market, perfect their products or services before other market entrants.

Since being a first-mover expose the risk of products being improved upon by competitors, strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage.


Related Questions

On January 1, a company purchased a five-year insurance policy for $1,800 with coverage starting immediately. If the purchase was recorded in the Prepaid Insurance account, and the company records adjustments only at year-end, the adjusting entry at the end of the first year is: A. Debit Prepaid Insurance, $1,800; credit Cash, $1,800. B. Debit Prepaid Insurance, $1,440; credit Insurance Expense, $1,440. C. Debit Prepaid Insurance, $360; credit Insurance Expense, $360. D. Debit Insurance Expense, $360; credit Prepaid Insurance, $360. E. Debit Insurance Expense, $1,440; credit Prepaid Insurance, $1,440.

Answers

Answer:

D. Debit Insurance Expense, $360; credit Prepaid Insurance, $360

Explanation:

The journal entry is shown below:

Insurance expense Dr $360 ($1,800 ÷ 5 years)

      To Prepaid insurance $360

(being insurance expense is recorded)

Here insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets

Jen's Shampoo decides to decrease the sales price for a bottle of shampoo from $28 to $23. The variable costs decrease from $12 to $8 and the total fixed costs decrease from $30,000 to $18,000. The changes result in the number of units sold declining from 4,375 to 4,300 units. If net income was originally $40,000, how much will net income increase or decrease

Answers

Answer:

it increases by 6,500

Explanation:

Jordan, a senior salesperson for a steel firm, plans to get a huge investment from the owner of an automaker. He begins his sales presentation by saying to the owner, "Congratulations on being awarded the 'Innovative Automaker of the Year.' It is great to work with one of the pioneers in the automobile industry." Jordan is using a(n) __________ opening in this scenario

Answers

Answer:

compliment

Explanation:

Compliment is defined as a positive assessment of a person or a situation that is expressed in spoken medium.

It can be used in the middle of a conversation to smoothen the interaction or it can be used at the beginning of a conversation.

In the given instance where Jordan begins his sales presentation by saying to the owner, "Congratulations on being awarded the 'Innovative Automaker of the Year.' It is great to work with one of the pioneers in the automobile industry." He is using a compliment to begin his speech

Henna Hair Salon purchased supplies for $6,000 and debited Supplies for the full amount. At the end of the accounting period, $1,800 worth of supplies were still on hand. Identify the adjusting entry needed at the end of the period. debit Supplies $4,200; credit Supplies Expense $4,200 debit Supplies Expense $7,800; credit Supplies $7,800 debit Supplies $1,800; credit Supplies Expense $1,800 debit Supplies Expense $4,200; credit Supplies $4,200

Answers

Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200

Explanation:

Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.

The supplies expenses of $4200 was gotten as:

= $6000 - $1200

= $4800

Therefore, the correct option is D.

.

Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lowest level of production in November when they produced 2,500 units at a total cost of $87,500. Using the high-low method, the estimated fixed costs are $ .

Answers

Answer:

Results are below.

Explanation:

To calculate the fixed cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (110,000 - 87,500) / (4,000 - 2,500)

Variable cost per unit= $15

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 110,000 - (15*4,000)

Fixed costs= $50,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 87,500 - (2,500*15)

Fixed costs= $50,000

At January 1, 2014, Alligator Industries reported retained earnings of $130,000. During 2014, Alligator had a net loss of $30,000 and paid dividends of $15,000. At December 31, 2014, the amount of retained earnings is

Answers

Answer:

the ending retained earning balance is $85,000

Explanation:

The computation of the ending retained earning balance is shown below:

= Opening retained earnings - net loss - dividend paid

= $130,000 - $30,000 - $15,000

= $85,000

Hence, the ending retained earning balance is $85,000

The same should be considered and relevant

Taco Hot Dogs, Inc., regularly advertises its products. Under the First Amendment, in comparison with noncommercial speech, the protection given these ads is

Answers

I’m not sure where the question is

A sales invoice included the following information: merchandise price, $9,900; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,100 added to the invoice. Assuming that a credit for merchandise returned of $900 (before discount) is granted prior to payment and the invoice is paid within the discount period, what amount of cash should be received by the seller

Answers

Answer: $10010

Explanation:

The amount of cash that should be received by the seller will be:

($9900 - $900) = $9000

$9000 × 1% = $90

$9000 - $90 = $8910

$8910 + $1100 = $10010

Therefore, the amount of cash should be received by the seller will be $10010.

Alejandro was reprimanded for an accounting error by his boss in front of his co-workers. Alejandro gets home from his job and yells at his wife for not having dinner ready. His wife then yells at the children for leaving their toys all over the house. This BEST illustrates the use of a defense mechanism known as _____.

Answers

Answer:

displacement

Explanation:

Displacement is a psychological defense mechanism where the person redirected the emotion in a negative way via from the real source to the lower threatening receipt

As in the given situation, the husband yells his wife and then wife yells her children so this represent that they use the defense mechanism i.e. displacement

Diminishing marginal product suggests that Group of answer choices marginal cost is upward sloping. Adding additional workers will lower total cost. The firm is at full capacity. Additional units of output become less costly as more output is produced.

Answers

Answer:

The marginal cost is upward sloping.

Explanation:

This is because the marginal product of labor decreases as additional labor is employed which increases the marginal cost.

A claim that is sent for reimbursement that contains all the required data elements to process the claim is referred to as a:

Answers

Answer:

Clean claim

Explanation:

A clean claim is defined as one that has complete documentation, no defect, special circumstance, or impropriety.

They meet all the requirements for easy processing.

Claims are made on Medicare services for reimbursement by insurance companies.

The other type of claim is the other-than-clean claims that requires further investigation before reimbursement is made.

What is one benefit of a saving account?

Answers

one benefit is having some money for the future, if there is an emergency or if you made a goal to buy a car, you can go into the account
One benefit is deposited funds accrue interest over time.

Expenses that are not easily traced to a specific department, and which are incurred for the joint benefit of more than one department, are

Answers

Answer:

Indirect expenses

Explanation:

Indirect expenses are those that are usually sent on more than one department, and it is not easily traced to one source.

They are usually costs that result from running the business as a whole.

Examples of indirect expenses includes rent, taxes, advertising, salaries, administrative expenses, distribution and selling expenses.

These expenses will eventually be shared between different departments in the organisation and cannot be traced to only one source, so it is called indirect expense.

The grouping of jobs into working units usually called departments, units, groups, or divisions is called ______.

Answers

Answer:

The grouping of jobs into working units usually called departments, units, groups, or division is called Departmentalization.

Explanation:

Departmentalization is the efficient and effective grouping of jobs into meaningful work units to coordinate numerous jobs—all for the expeditious accomplishment of the organization's objectives. They are; basic organizational units and coordinating structure.

Which of these is a consumer right recognized by the United Nations? a. right to equality b. right to openness c. right to education d. right to collaboration Please select the best answer from the choices provided A B C D

Answers

Answer:

c. right to education

Explanation:

The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.

The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.

Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.

The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).

Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.

Institutions that help to match one person's saving with another person's investment are collectively called the

Answers

Answer:

Financial system

Explanation:

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 units. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.

92) Refer to the above information. The per unit cost of production in this economy is:
A) $1.00.
B) $.10.
C) $.05.
D) $.50.

93) Refer to the above information. If the per unit price of raw materials rises from $4 to $8 and all else remains constant, the per unit cost of production will rise by about:
A) 50 percent.
B) 30 percent.
C) 40 percent.
D) 100 percent.

94) Refer to the above information. As a result of the change indicated in the previous question, the aggregate:
A) supply curve would shift to the right.
B) demand curve would shift to the right.
C) demand curve would shift to the left.
D) supply curve would shift to the left.

Answers

Answer:

A) The correct answer is B. The per unit cost of production in this economy is $0.10.

B) The correct answer is B. The per unit cost of production will rise by about 30 percent.

C) The correct answer is B. The demand curve would shift to the right.

Explanation:

Since an economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 units, and each unit of capital costs $ 10, each unit of raw materials, $ 4, and each unit of labor, $ 3, to determine the per unit cost of production in this economy, the per unit cost of production if the per unit price of raw materials rises from $ 4 to $ 8 and all else remains constant, and to determine how the demand or aggregate supply curve will respond, the following calculations must be made:

A) 2 x 10 + 5 x 4 + 8 x 3 = 20 + 20 + 24 = 64

64 / 640 = 0.10

B) 2 x 10 + 5 x 8 + 8 x 3 = 20 + 40 + 24 = 84

64 = 100

84 = X

84 x 100 / 64 = X

8400 / 64 = X

131.25 = X

WILL GIVE BRAINLIEST PLZ!!!
If producers expect the price of a good to decrease in the future, what will happen to the current equilibrium price and quantity of that good?
a. The equilibrium price and quantity will both decrease.
b. The equilibrium price and quantity will both increase.
c. The equilibrium price will increase and equilibrium quantity will decrease.
d. The equilibrium price will decrease and equilibrium quantity will increase.

Answers

Explanation:

C = the equilibrium price will increase and equilibrium quantity will decrease

Answer:

C

Explanation:

How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value if the investment earns 8% compounded annually

Answers

Answer:

t = 14 years

Explanation:

The computation of the time period is shown below:

As we know that

Future value = Present value ×(1 + rate of interest)^time period

$3,000 = $1,000 × (1 + 0.08)^time period

3 = 1.08^time period

Now multiply log to both sides

So,

lof(3) ÷ log(1.08) = t

t = 14 years

If price was $1.40 per gallon and increased to $2.00 per gallon, how does quantity of gasoline demanded change

Answers

Answer:

Demand decreases.

Explanation:

The demand decreases because the price increase would cause drivers to travel less, meaning that gasoline sales would go down.


Required Journal entry
Paid salary and wages Rs 55,000
PLEASE HELP

Answers

Answer:

Date                 Account Title                                        Debit              Credit

XX-XX-XX       Salary and Wages expense              Rs. 55,000

                        Cash                                                                          Rs. 55,000

The Salaries and Wages expense account will be debited to show that this expense was incurred as expenses have a debit balance,

Cash was used to pay for the salaries and wages so it will be credited because Assets are credited when they reduce.

why is agriculture considered as a basic level of occupation explain with of explain with example​

Answers

Answer:

Explanation:

Agriculture is important occupation throughout the world because it is like a backbone to all other occupations and especially its important for we humans to survive. If there is no agriculture then there will not be any healthy population to support any other occupation and hence a very poor world.

It is generally recognized that a major objective of accounting for inventory is the proper determination of

Answers

Answer:

Net income

Explanation:

The main objective of an accounting with respect to the inventories is determining of an income via the matching principle where the revenues are matched with the expenses incurred

So as per the given situation, the net income should be considered and relevant

Therefore it is to be correct term that should be used here

A perfectly competitive firm a. has a perfectly inelastic demand. b. has a perfectly elastic supply. c. Answers A and B are correct. d. Answers A and C are correct. e. sells a product that has perfect substitutes.

Answers

Answer:

b

e

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

The relative price of good X is 5 units of good Y. It follows that the absolute price of good X can be ______________ and the absolute price of good Y can be ___________.

Answers

Answer:

$40,000 and $8,000

Explanation:

Relative price of good X is 5 units of good Y. The absolute value of good X is $40,000. Absolute value is the original value of a good while relative value is based on price of some identical or similar good. The absolute value of good Y is $8,000.

One significant component of _____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

Answers

Answer:

Transaction cost

Explanation:

Transaction cost is defined as costs that a person bears in the process of buying or selling of a product.

For example the commission that is paid to a broker for completing a transaction, cost of transportation that is spent when completing an exchange, and time for completing the purchase are all examples of transaction cost.

In the given instance transaction cost is exemplified by the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

I need this answer guys PLEASE.
Will give Brainliest
Demand-pull inflation occurs when

the price of goods rises suddenly and extremely fast.
consumers begin purchasing more goods.
producers need more money to make and distribute goods.
the government prints more money and pushes prices up.​

Answers

Answer:

The production and transport of good and service are high and rises than the demand pull inflation occurs. It may be profitable for any business. Demand pull inflation need cost more but more than that they get profit

What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage

Answers

Answer:

A second mortgage loan uses real estate for security

4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
PLEASE TELL A
B
C
D​

Answers

The answer is house hold

A motorist from State A struck and injured a pedestrian in State B. The pedestrian, a State B resident, brought an action in a State B federal court against the State A motorist, seeking $100,000 in damages. The summons and complaint were served on a receptionist at the motorist's place of business in State A. State A's rules permit service of process in this manner, while State B's rules do not. If the motorist moves to dismiss the complaint on the basis of improper service of process, is the court likely to dismiss the action

Answers

Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.

Explanation:

The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.

Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.

Other Questions
To be successful in coding for anesthesia what will you need? A. The Relative value guide published by the American Society of Anesthesiologists, B The Physicians desk reference, C. Strong knowledge of anatomy, D. Both a and c. After the War of 1812, New England federalists met to discuss separation from the Union, in what was called Which statement gives the best summary of the English Bill of Rights? The bill established a shared authority to levy taxes. The act established shared authority between Parliament and the monarch to provide a citizen with a trial by jury. The act gave the individual and Parliament increased rights and power. The bill gave the monarch the authority to prosecute without charging the individual with a crime. Find the missing length of the triangle. Round to the nearest tenth. a = _____, b = 7, c = 9 Where is Macbeth going when he sees the bloody dagger? Investors require an after-tax rate of return of 10% on their stock investments. Assume that the tax rate on dividends is 30% while capital gains escape taxation. A firm will pay a $2 per share dividend 1 year from now, after which the firm's stock is expected to sell at a price of $30.Required:a. Find the current price of the stock.b. Find the expected before-tax rate of return for a 1-year holding period.c. Now suppose that the dividend will be $3 per share. If the expected after-tax rate of return is still 10%, and investors still expect the stock to sell at $20 in 1 year, at what price must the stock now sell?d. What is the before-tax of return? Why is it now higher than in part (b)? What is the area of a parallelogram if the length is 4+ x and it's height is x+3 Algebraically show that each of the given combinations are equivalent to the given functions.h(x) j(x) is equivalent to k(2) given:h(x) = - 3x 1;j(x) = 7x + 11 ; k(x) = 21.22 262 11h(x).j(x) = (Is h(x).j(x) equivalent to k(x)? yes Help.................. Choose the correct answer from the given four options:In an AP, if a = 3.5, d = 0, n =101 ,then an will be0-3.53.51 Out of the four pillars of Aristotle's persuasion, which one has the potential to be the most powerful/most persuasive?Answer: LogosPathosEthosKairos Using the simple spinner below what is the probability of landing on either 2, 4, or 7? In ______ societies, intimacy in romantic relationships is often more intense due to people's smaller social networks. Which statement best explains why cells in organisms such as animals reproduce? Cell division helps animals repair old cells. Cell division produces glucose which is used as food. Reproduction breaks down glucose into useful energy. Reproduction releases energy necessary for animals to survive. Identify the subject: He wants you to call him in the morning. On a scale of 1-10 how would you rate your pain The increase of temperature with depth in the earth is called the ___ gradient. The DNA of a prokaryote is arranged in a single coiled chromosome located in a region called the ____________ . Some prokaryotes carry genes on extrachromosomal pieces of circular DNA called ____________ . Let the universal set U = {weekdays}. If T = {Tuesday, Thursday}, what is T'? 5. Which of the following activities is a visitor to Palenque most likely to do?