Describe the internal growth strategy of new product development and why is it a competitive necessity in some industries that entrepreneurial firms focus on this form of growth?
Q: What is an emerging industry? What is the primary opportunity available to entrepreneurial firms in…
A: Emerging industry A group of enterprises in an area of business developed around a novel product or…
Q: "The US government should enact polices that encourage sustainable and equitable economic growth. "…
A: Legislators in the United States must form sound cross-sectoral agreements with connection to…
Q: Calculate the implied growth rate of technology in each scenario in the table below. Assume labour's…
A: The implied growth rate of technology = growth rate of output - [70% * growth rate of labour] - [30%…
Q: Strategy 1: Strengthen the Economic Growth “Industrial areas that have public facilities or…
A: Answer in Step 2
Q: Considering the medium term and applying the different factors which drive economic growth as set…
A: This report entails the essential factors that can attempt to enhance the company’s returns in the…
Q: In the North American (New World) model of urban growth, which of the following notions best…
A: Since you have posted multiple questions, we will answer the first question for you. If you want any…
Q: Investors typically use which of these ratios in their analysis of a company's earnings potential?…
A: The answers are: Price ratios Return ratios
Q: QUESTION 3 Many economists studying the productivity-growth patterns in the U.S. believe that in the…
A: * ANSWER :- * The answer is TRUE *Explanation :- Between 1995-2010, labor producitvity in US…
Q: Provide detailed answer to each of the following a) Various skills required by entrepreneurs with…
A: a)Managerial and entrepreneurial skills are very important for entrepreneurs in Pakistan. With thes…
Q: Total Factor Productivity accounts for about 50 to 75% of historical growth per capita in…
A: The measure for the efficiency of the economy which accounts for part of differences in income per…
Q: Describe some of the powerful economic forces that are creating global expansion of…
A: Economy forces are the factors that are used to determine the competitiveness of the economy. This…
Q: CASE STUDY 1.1 Example of Economic Growth Assuming there is a unique berry plant that grows…
A: a) Yes, an economic growth occurred in Kenya for the year 2017 because the British businessmen…
Q: In relation to "Moderate to high levels of diversification...". Mention two examples and explain
A: In business, diversification often refers to increasing one's reach by entering new markets, whether…
Q: What are the possible sources of capital of micro economic business concept
A: : Micro-economics: Microeconomics investigates people, families, and firms' conduct in the dynamic…
Q: Profit is the child as well as victim of economic development.” Explain the innovation theory of…
A: Profit is the reward to the individual for undertaking the risk associated with developing new…
Q: Economics explain the profit maximizing level of output and profit in organic growth?
A: Organic growth: It refers to the growth of the business under which the business will try to…
Q: Explain the conditions that create a relationship between research and innovation as the most…
A: Emergencies are adrenaline for advancement. You should go with choices rapidly under very unsure…
Q: 24 Economic growth in the long run. Another theory explaining economic growth is the Endogenous…
A: Given Production function : Y=AK Savings rate = s Depreciation rate of capital = δ
Q: How did beliefs about business (capitalism) lead to economic growth and innovation.
A: Capitalism represents the economy having full power in hand of producers or investors. They work…
Q: True or False: Computers and increased global competition have retarded economic growth in recent…
A: Technological advancement is a major driving factor for economic growth. In recent decades, the…
Q: 1. The current population of the United States is 328.2 million with 2.2% of the population is…
A: a) Current population of the U.S = 328.2 million Population engaged in R&D = 2.2% Efficiency…
Q: Supply factors are those that cause an expansion in the production capacity, also called the…
A: Economic Growth is the increase in the output or production of goods and services in the country…
Q: Supply factors are those that cause an expansion in the production capacity, also called the…
A: Economic Growth is the increase in the output or production of goods and services in the country…
Q: Firms raise capital by:
A: The meaning of raising capital is the funds which investor or a lender gives for either starting a…
Q: Why is R&D a key factor in productivity improvement? Name some ways R&D contributes to productivity…
A: R&D (Research and Development) is an important factor necessary for growth of every economy…
Q: A6 Q1: According to Deming chain reaction Model, Petra Air Conditioning Co attempts to accelerate…
A: "According to Deming chain reaction Model, Petra Air Conditioning Co attempts to accelerate its role…
Q: Answer correctly and fast please Which of the following is one of the three factors contributing…
A: An entrepreneur is described as "the owner or manager of a business organisation who attempts to…
Q: What is the engine of growth in Romer (1990)'s product variety growth theory and in the…
A: An country is said to be experiencing growth in the economy when its total output rises. Gains in…
Q: Marshall assumed a non-corporate business form in his theory about the life cycle of the typical…
A: Unlike Adam Smith, Alfred Marshall avoided dealing with the less than savory aspects of corporate…
Q: An equation that enables economists to estimate the relative contributions of capital and technology…
A: Productivity is the output per labor. Productivity = (output / labor) Productivity growth measures…
Q: What is the role of government in promoting entrepreneurship in the Philippines? Explain one program…
A: Role of government in promoting entrepreneurship in the Philippines Explaination of program by the…
Q: What type of tax increases could increase the savings rate and therefore promote long-run growth?…
A: Money related and monetary strategy are utilized to direct the economy, financial development, and…
Q: Demand management policies do not matter for growth in the long run as long as there is productivity…
A: Demand Management policy The fiscal and monetary policy controls are referred to as the…
Q: Describe three ways push-pull factors affect the growth of Huntsville?
A: The theory of Push - pull deals with the factors of migration. Push deals with the factors that…
Q: Discuss whether the growth of a firm is advantageous for both the firms and consumers.
A: Whether the growth of a firm is advantageous for both the firm and the consumers: The growth of the…
Q: definition and general concept about sustainability and sustainable economic growth.
A: Sustainability is a broad concept that refers to resource management that does not deplete resources…
Q: D Question 26 Which one of the following is an incorrect statement about the effect of US natural…
A: Natural Capital: It can be defined a countries stocks of natural assets which include all living…
Q: Provide a brief explanation on how the South African economic growth had been performing since 2000.…
A: South Africa's political transformation is regarded as one of the century's most stunning political…
need solution asap.
Step by step
Solved in 2 steps
- To what extent can the Porters Theory of Competitive Advantage be used to explain fully or partial growth in the Caribbean region and how is in line with the models of economic development put forward by Best and Lewis.Romer’s (1986, 1990) approach to endogenous growth laid out a model which appeared to show that there were increasing returns to scale from technology and the accrual of savings to this technology. At a firm level, this seemed to imply that monopolies within a country would emerge. However, in reality, this is not the case. What is the reason that competition still survives in endogenous growth models (and, by extension, in reality)?Considering the medium term and applying the different factors which drive economic growth as set out in the section on growth theory, describe two specific innovative tasks are that could be included in the company’s budget that will achieve growth.
- Supply factors are those that cause an expansion in the production capacity, also called the potential output of the economy.List any three supply factors of economic growth.Question 18: A company looking to expand its business within a specific scope of expertise whether through creating or acquiring complementary and/or competitive products is known as A Diagonal growth B Horizontal growth C Vertical growth D Conglomeration1. Aggregate economic output grows by 6% per year. Capital supply grows at 2% per year and labor supply grows at 4% per year. Capital and labor have equal factor shares. What is the growth rate of total factor productivity? Enter your answer in the space below as a number without a percentage sign. For example, if your answer is “12%” enter “12”.___________
- Select one of the mergers and acquisitions below. Consider whether the merger/acquisition was about scope or scale economies. Sirius XM acquired Pandora. Explain how economies of scale and scope differ. Describe how growth in the case you selected is created from either an economy of scope or scale.A6 Q1: According to Deming chain reaction Model, Petra Air Conditioning Co attempts to accelerate its role in the national growth sustainability in terms of creating more job opportunities alongside with its ability to have large market share and long term profitability. Please, discuss how TQM philosophy could help Petra Air Conditioning Co in its endeavors?Determine 10 trends/factors that affect the future power growth of a country.
- Provide a brief explanation on how the South African economic growth had been performing since 2000. Further, what conclusions can be drawn from fuel tax increase effects on the economic growth and public social welfare.Which of the following would you say is the more important determinant of strong economic growth – high levels of human capital or rich endowments of natural resources? Explain your answer.Do you agree that capital is topmost factor under the category of resources? Why? Please explain and justify your answers. When it comes to knowledge on customers' needs and expectations, does the three variables such as observations, interviews, and market research are really factors in product development? Why? Kindly elaborate your answers per variable.