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In relation to "Moderate to high levels of diversification...". Mention two examples and explain
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- The future of Trinidad and Tobago cocoa industry- August 5th. 2020 [adapted from the Trinidad and Tobago Express newspaper] The announcement last Wednesday of the launch of Angostura's new cocoa Bitters is a good example of the future of the sector as a whole in Trinidad and Tobago: a dynamic bringing together of the history and heritage of the cocoa sector in T&T blended into a distinctive bottle. It is a very exciting project that should act as an ambassador for promoting Trinitario globally. There is an opportunity in finding unique products, working with unique brands and creating a unique experience. In short, getting our cocoa to be used in different places and in different ways. That could be bitters or it could be a range of culinary applications and distinctive value-added products like frozen desserts, in coffee houses and ice creams. Everyone makes a chocolate bar. We in T&T can do so much more than that. Indeed, Trinidad & Tobago Fine Cocoa Company (TTFCC) is mentioned as…how does the Backward diversification strategy apply to the coffee shop business?2020 total fixed costs 2020 unit variable costs a. Decreased Increased b. Decreased Decreased Increased Increased с. d. Increased Decreased Pesos, G
- 1. Which of the following are examples of a basic industry in a city, for example Shreveport Louisiana? Although the addition of a really nice and new Kroger store located recently near my residence (not too close) is welcomed by my family, does it improve the regional economy? a. Kroger’s b. Sam’s Town (Sam’s is a casino that caters to guests from Texas and Arkansas). c. A GM auto assembly plant d. Target 2. The following table provides local and national employment figures for three business sectors. Calculate the location quotients for the auto industry, health care, legal services and identify it as a basic (exporting) or non basic (service) industry. Remember this method requires you to compare the % of total employees in a particular industry in the local economy to the % of employees in that industry nationwide. If the local has a higher % (greater than 1), then it is considered a favorable or exporting industry. For example, for health…Transcribed image text: 3. How would an advance in development technology that lowered a developer's costs change the market supply and the developer's marginal revenue, marginal cost, average total cost, and economic profit?2. If pure competition is not an adequate representation of the economic model that underlies farming in the Philippines, why do the assumptions of pure competition continue to be important to agricultural economists?
- Explain the economic pillar of Starbucks in essay typeThe concept of the “smart city” has recently been introduced as a strategic device to encompass modern urban production factors in a common framework and, in particular, to highlight the importance of Information and Communication Technologies (ICTs) in the last 20 years for enhancing the competitive profile of a city. The demand for smart cities has increased in recent years. a. In order to meet the demand of a smart city project in a country like India, with the help of any smart city project, describe some of the key elements for such smart cities.b. Mention the importance of smart cities and challenges in managing smart cities.4. Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. Home building b. Electric power generation c. Vegetable farming d. Software development e. Aircraft manufacturing с.
- Which of the following is NOT an example of technology strategy? Select one: a. Low technology businesses face many strategic issues, like standards and increasing returns that are much rarer with high technology businesses. b. Technological change opens up opportunities for new, high growth businesses in ways not possible in other settings. c. Technology strategy involves the use of intellectual property management to capture financial returns to a much greater degree than general business strategy. d. Technology strategy has to deal much more with issues of uncertainty than general business strategy because technological change is highly uncertain. One company interested in the women's slipper market received its new product concept for a "warm and comfortable slipper that fits like an old shoe" from a crowd of 12 women from various socioeconomic backgrounds in Boston, USA. This is an example of: Select one: a. Focus Groups b. Customer Survey c. Brainstorming d.…What if all industries are decreasing-cost industries in nature. Would we observe ever-declining prices over time? PLEASE ELABORATE AND PROVIDE EXAMPLES. MICROECONOMICSIn markets that are not perfectly competitive, ________. A. minimum transfer price will equal the incremental cost per unit incurred up to the point of transfer B. companies can increase their capacity utilization only by decreasing their prices C. the opportunity cost will equal the minimum contribution margin D. the selling division will not have any unused capacity