Benny's Baos had an edge in the market, but other companies began to enter the market. Benny is now losing customers even though he has launched an aggressive marketing campaign in an attempt to attract customers. Benny's Baos is likely in the ______ stage of the industry life cycle.

Answers

Answer 1

Since the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle

What is an industry life cycle?

The industry life cycle is a cycle that depict the an industry based based on the business characteristics in different phases.

The phases of the industry life cycle includes:

introductiongrowthmaturitydecline stages.

In conclusion, because the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle.

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Related Questions

What fraction with a denominator of 12 is equivalent to 3/6?

3/6=?

Answers

6/12 is the same as 3/6 because they are both a half of their denominator

Answer:

6/12

Explanation:

if i have a 38% on my final grade and i get a 100% on an assigment what will my grade be now!?

Answers

that depends on the teacher who’s grading it

The global market is a chain of u. S. Grocery stores where customers can purchase foods, beverages, and canned goods from other countries. Global market is an example of a company that:.

Answers

Global market is an example of a company that: Imports.

What is Importation?

Importation is a business model that is focused on buying goods and services from other nations to resell in one's own country.

Given the business structure of Global Market, we can infer that they are a business that is focused on imports.

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The _ leader is never able to completely turn loose of the decision making authority of the management position.

Answers

It should be noted that Consultative leader is never able to completely turn loose of the decision making authority of the management position.

What is Consultative leadership?

Consultative leadership can be regarded as a leadership style which focus on team building as well as making skills of others in making decisions.

Therefore, with Consultative leadership, decision can be made.

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Ion Co. purchased land for $190,000. Ion also paid $5,000 in real estate commissions, $1,000 in legal fees, and $500 in title insurance fees. Ion should record the cost of this land at:

Answers

Answer:

196,500

Explanation:

I hope this helps. :)

PT should record the cost of the land for $196,500.Since land is not depreciated, it is always reported on the balance sheet at its historical cost and would remain there.

Find the solution ?Since land is not depreciated, it is always reported on the balance sheet at its historical cost and would remain there.Additionally, until the land is sold or included in a transaction, there is no fair value adjustment.

Data provided in the question :

Purchasing cost of the land = $190,000

Closing costs paid = $5000

Total regarded cost of the land = $1500

PT should record the cost of the land for

= Purchasing cost of the land + Closing costs paid + Total regarded cost of the land

= $190,000 + $5000 + $1500

= 196500

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g If Marjorie Wilcox borrows $300 for one year with an APR of 21% and an annual service fee of $6, what is her total cost of credit

Answers

Based on the information given her total cost of credit is $69.

Total cost of credit

Using this formula

Total cost of credit =(Amount borrowed×APR)+Annual service

Where:

Amount borrowed=$300

APR=21%

Annual service=$6

Let plug in the formula

Total cost of credit=($300×21%)+$6

Total cost of credit =$63+$6

Total cost of credit=$69

Inconclusions her total cost of credit is $69.

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If Daniel's cupcake shop has fixed
costs of $10,000, and a variable cost
of $1.00 per cupcake, what are his
total costs if he sells 2,000 cupcakes?

Answer choices:

- $14,000
- $12,000
- $8,000
- $10,000

Answers

$1 per cupcake for 2000 cupcakes = $2,000

Add the fixed costs:

$2000 + $10000 = $12.000

Answer: $12,000

A hailstorm destroys almost all of the wheat in Minnesota. What will happen to the price and quantity of wheat sold in the U.S.

Answers

As a result of the hailstorm, the price of wheat will increase and the quantity of wheat sold would decrease.

What would be the impact of the hailstorm on the supply of wheat?

As a result of the hailstorm, wheat farms would be negatively affected. The hailstorm would most likely destroy wheat farms. As a result, the supply of wheat would decline and the price of wheat would increase.

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What is the major difference between a nonprofit organization and a for-profit organization?.

Answers

Answer:

nonprofits have a social mission, while for-profits aim to offer products and services that are valuable and that make them a tom of money. Then they get money. and also non profits don't make a profit they just pay for themselves and their product.. 0 profit

Explanation:

The company shipped merchandise valued at $75,000 F.O.B. destination on December 23, year 2, and recorded the sale and relief of inventory on that date. The customer received the merchandise on December 31, year 2. The merchandise has a profit margin of 10%. Record the necessary year 2 adjustments, if any.

Answers

Answer:

A is the answer through Alex

ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate

Answers

Answer:

understanding the interest rate

Explanation:

i took the test

Pharmakia is a company that develops and manufactures prescription medicines. Recently, pharmakia has been unable to obtain ingredients key to its medicines, is facing rapidly increasing labor costs, and is paying high tariffs when exporting its medicines. To mitigate these difficulties, pharmakia should consider becoming a:.

Answers

To mitigate the difficulties of not being able to obtain essential ingredients for the production of its medicines, facing high labor costs and paying high export tariffs, Pharmakia should consider becoming a countertrade.

What is countertrade?

Corresponds to the reciprocal exchange of goods and services through international trade without the use of hard currency. It is a strategy generally used in developing countries, and its advantages are increased industrial growth and access to different items and raw materials.

Therefore, if Pharmakia becomes a countertrade, it can obtain the necessary resources for the production of its medicines in exchange for supplying them to a country through barter, reducing its costs and tariffs.

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Would you expect supply to play a more significant role in determining the price of a basic necessity like food or a luxury like perfume? Explain. Hint: Think about how the price elasticity of demand will differ between necessities and luxuries.

Answers

I would expect supply to play a more significant role in determining the price of a basic necessity.

Why would supply play a more significant role in determining the price of a basic necessity?

A basic necessity is a good that is needed by the population. For example, food is needed for survival. As a result, the demand for a basic necessity is usually inelastic. This means that the quantity demanded is not sensitive to price changes.

This means that supply would play a more significant role in determining the price of a basic necessity because of the inelasticity of demand for basic necessities.

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How do the instances when expansionary fiscal policy should be used compare with those for contractionary fiscal policy? (1 point)
Expansionary fiscal policy should be used to increase government revenue and contractionary fiscal policy should be
used to increase consumer spending.
Expansionary fiscal policy should be used to combat high inflation and contractionary fiscal policy should be used to
increase government revenue.
Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal
policy should be used when there is high inflation.
Expansionary fiscal policy should be used to decrease the unemployment rate and contractionary fiscal policy should
be used when economic growth is too fast.

Answers

The right option is that Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal policy should be used when there is high inflation.

How is expansionary fiscal policy compare to contractionary fiscal policy?

Contractionary fiscal policy is known to be a policy that applies when the government taxes are said to be more than what they spends.

The Expansionary fiscal policy is known to be when the spending of the government is said to be more than the government taxes.

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A system that a country chooses to allocate its resources and distribute its goods and resources. ​

Answers

Answer: Your answer is an economic system.

Hope this helped!

The purpose of this measure is to Increase employment. Combat inflation. Lower interest rates. Control consumption.

Answers

Combat inflation can be defined as a tool which is used by the government with the purpose of increasing the employment at the time of recession in the economy.

What is combat inflation?

Combat inflation is a technique used  by the national governments or other such authorities to where the cost of wages and controls over prices are levied.

A combat inflation in the economy is an effective technique which acts as a double-edged sword for increasing the employment as well as lowering the cost of hiring for the employers.

The only concern in a combat inflation technique is that it cannot be used as a tool for increasing the unemployment, which is highly and unlikely unfavorable for an economy, leading to loss of jobs.

Hence, option A; The purpose of the combat inflation measure is to increase employment rate in the country is the correct statement.

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Answer:

Combat Inflation

Explanation:

source: trust me bro

Use the information in the table to decide which of the following statements is true. A. The payment amount changes each month. B. The amount applied to the principal is decreasing each month. C. The amount applied to the principal is increasing each month. D. The amount applied to interest is increasing each month.

Answers

Loan amortization schedule shows the summary regarding periodic loan payment. The given statment shows that the amount applied  to the principal is increasing each month.

What is Loan Amortization Schedule?

The loan amortization schedule is a schedule that shows the periodic loan payment of principal along with the interest after the end of each period.

The amount of payment for each month is same whereas the amount of principal and interest may vary.

The given schedule is a loan amortization schedule for three years. The principal amount in the 13th month is $325.82, 14th month is $328.19, 15th month is $330.57 and it keeps on increasing till the 19th month.

Therefore the correct statement is C.

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Answer: C The amount applied to the principal is increasing each month.

Explanation:


100% Edge

1.4 Why is Canada considered to have a branch-plant economy?

Answers

Answer:

Manufacturing companies set up branch plants to serve the Canadian market, thereby avoiding high freight costs and import duties.

Explanation:

hope it will help you have a great day bye and Mark brainlist if the answer is correct

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How does the existence of substitutes for a product affect the product’s price elasticity of demand?.

Answers

The existence of substitutes for a product makes the elasticity of demand more elastic.

What are substitutes?

Substitute goods are goods that can be used in place of another good. If the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

What is elastic demand?

Demand is elastic if the quantity demanded is highly sensitive to price changes. The coefficient of elasticity is usually greater than one.

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Mateo wants to buy a new guitar and amp that will cost about $2,500. He works part time at a cafe and brings home around $500 per week. He tells his friends he plans to buy the guitar in about two months. What detail of this goal is missing?

Answers

The missing detail in Mateo's goal is how much money he can save per week.

While it is known that he brings home around $500 per week from his part-time job at the cafe, it doesn't have information on how much of that income he plans to save each week towards buying the guitar and amp.

To determine if he can achieve his goal of buying the guitar in about two months, it is needed to know how much money he can set aside from his weekly earnings for savings. Without this information, it is challenging to assess whether his goal is achievable within the specified timeframe.

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Danny mentions that he is only in business if his employees are happy to come to work. Based on mcgregor’s work, danny would have a ________ view of his employees.

Answers

Based on mcgregor’s work, danny would have a Theory Y view of his employees.

What is Theory Y?

Theory Y view based on mcgregor’s theory means that for an employee to be motivated to come to work or for an employee to be productive at workplace the manager must provide a good and healthier working environment for their employee.

In Theory Y employees tends to take full charge of full responsibility at work place and they are often productive because they are happy to work due to the fact that they enjoy their job.

Inconclusion  based on mcgregor’s work, danny would have a Theory Y view of his employees.

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In which team leadership activity is strong member identification encouraged because it will lead to better performance

Answers

The team leadership activity which involves strong member identification and encouragement results to establishing the team..

What is team leadership?

Team leadership can be regarded as the activities involving planning and controlling of the team and giving motivation in order to achieve set goals.

And this usually lead to better performance  of member.

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A company received $2,000 of equipment and promised to pay for it next month. The increase in equipment would be recorded with a ______ to the Equipment account.

Answers

An increase in the equipment would be recorded with a debit to the Equipment account on the journal entry.

What is Equipment account in journal entry?

in journal entry, an Equipment account is used to record the amount spent or received on any equipment.

In conclusion, the increase in the equipment would be recorded with a debit to the Equipment account on the journal entry.

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The increase in equipment would be recorded with a debit to the Equipment account.

Increase in equipment

Based on the information given if the company received the amount of $2,000 of equipment the increase in equipment would be recorded with a debit to the Equipment account.

The appropriate journal entry to record the transaction will be:

Journal entry

Debit Equipment $2,000

Credit Cash $2,000

(To record equipment)

Inconclusion the increase in equipment would be recorded with a debit to the Equipment account.

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When people from the United States travel to countries in Europe, they might check to see how the U.S. dollar compares to the euro. In doing so, they are checking ______.

Answers

People often travel a lot. In doing the above, they are checking the currency exchange rate.

What is the currency exchange rate?

An exchange rate is known to be the value of a country's currency versus. that of any other country or economic zone.

A lot of exchange rates are said to be free-floating and will sometimes rise or fall due to supply and demand in the market.

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Which statistical function will be most helpful to a cost accountant trying to determine the best cost driver for an activity?.

Answers

The statistical function that will help to determine the best cost driver for an activity is called Activity Cost Driver.

What is an Activity Cost Driver?

This is an accounting term. It describes the factor which increases or decreases the cost of specific business activity such as labor, maintenance, and other variable costs.

Examples of Activity Cost Drivers are:

Machine setupspower consumedquality inspectionsproduction orders etc.

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Describe your most recent customer service experience in detail and what skills do you think could be applied to this position?.

Answers

A recent customer service experience could be described as one in which the representative served a meal with a smile on his/her face. Skills that could be applied to this position are patience, kindness, and empathy.

What is Customer Service?

Customer service refers to the measures that are employed in delivering optimum service to customers.

The quality of service rendered will determine if the customer will want to patronize the business again. Effective communication and empathy are some skills required for this role.

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Marjorie's Mugs sold 300 mugs last year for $20 each. Variable costs were $7 per mug and total fixed costs were $1,700. Marjorie's Mugs' profit was ______. Multiple choice question.

Answers

Answer: $2200

Explanation:

profit= 300 * (20 - 7) - 1700 = 2200

What are extension strategies?

Answers

What are extension strategies?

Extension strategies are marketing techniques that seek to improve sales to extend the life of a product before decline begins.

➥ I hope I have helped you, greetings! Atte: ღTheGirlSadღ

Answer:

Extension strategies are marketing techniques that seeks to improve sales to extend the life of a product before decline begins .

Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.

Answers

The general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

Journal entry

Assuming Gloria Catering provided the amount of $1,000 of catering services and billed its client for the amount owed. The appropriate journal entry to record this transaction is :

Gloria Catering Journal entry

Debit  Accounts receivable $1000

Credit Catering revenue $1000

(To record account receivable)

Inconclusion the general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

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Help me with this one two , still not sure what to do here

Answers

Answer:

NEED CORRECT IN FORMATION BECAUS NOT EASY TO SOLVE

Explanation:

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