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Irina-Kira
10 days ago
12

Biz Solutions has 12 call centers worldwide handling customer service issues for a variety of companies. The firm is considering

the purchase of a software firm that serves the oil and gas industry. According to Igor Ansoff’s Product-Market Matrix, this is an example of the ________ strategy.
Business
1 answer:
arsen [3.2K]10 days ago
6 0
Biz Solutions is pursuing market diversification, which entails adopting a corporate strategy to acquire or set up a business outside its existing product range. This approach aims to broaden its offerings to new market segments that were previously untapped. By attempting to purchase software that caters to the oil and gas sector, Biz Solutions is actively seeking to expand its market reach.
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Response:

There will be an increase in equilibrium quantity, but the impact on equilibrium price remains uncertain.

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Due to the scientists' discovery, demand for oranges will rise, as will the price.

Additionally, the introduction of new fertilizers will boost the supply of oranges, leading to a price decrease.

Taking both of these factors into account indicates that there will be a rise in equilibrium quantity, while the effect on equilibrium price cannot be determined.

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Response: A) nontariff trade barrier

Clarification:

A non-tariff trade barrier, as the name suggests, represents regulations beyond tariff imposition, intended to protect domestic businesses by limiting the import of foreign goods within that country.

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12 days ago
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The management team has asked you to reschedule the project so it finishes two weeks earlier without spending more money. They h
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Answer:

Crash the schedule.

Explanation:

Using fast-tracking enables earlier completion of the task but incurs higher costs. Assigning seasoned individuals to the project will also increase management expenses. Reducing the project scope leads to a quicker finish by decreasing requirements. Hence, options A, B, and D are not viable solutions.

Opting to crash the schedule (option C) is the correct choice since it efficiently utilizes resources to accelerate task completion without additional expenditure.

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Based on your observations of connective tissue in Experiment 2, which statement explains the difference between loose and dense
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