The increased number of news and infotainment options has resulted in a phenomenon known as media fragmentation, in which media outlets focus on a particular interest and aim at a particular audience.
As a result of media fragmentation, audiences are increasingly able to choose from a range of news sources that align with their political beliefs, personal interests, and lifestyle preferences. This has led to a decline in traditional mass media outlets, such as newspapers and broadcast news, which have struggled to adapt to the changing media landscape.
While media fragmentation has created new opportunities for targeted advertising and audience engagement, it has also raised concerns about the role of media in shaping public opinion and political discourse. Some critics argue that media fragmentation has contributed to the rise of echo chambers, in which individuals are only exposed to information.
Overall, media fragmentation has fundamentally changed the way we consume and interact with news and information, and has challenged traditional models of media ownership and control.
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Movie studios use tracking studies in which prospective moviegoers are asked questions about an upcoming film release to help them forecast sales. This is an example of
Answer:
This is an example of survey or marketing research.
Explanation:
For the movie studios to use tracking studies in which moviegoers are asked questions about their thoughts and opinion in a new movie, it is called survey. Part of the aim could be for criticism of their works, revenue forecast, impact of the movie on the society or their thought on the theme of the movie.
As a debtor, federal laws protect your right to:
A. have your wages garnished by a debt collector.
B. delay payments of interest to a debt collector.
C. verify the amount of debt a debt collector claims you owe.
D. be contacted by a debt collector any time of day.
Answer:
C
Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. There are three types of creditors. First are those who have a lien against a particular piece of property. This property (or proceeds from its sale) must be used to satisfy the debt to the lien-creditor before it can be used to satisfy debts to other creditors. A lien may arise through statute, agreement between the parties, or judicial proceedings. See, e.g., Secured Transactions and Mortgages. Secondly, a creditor may have a priority interest. A priority arises through statutory law. If a creditor has a priority his debt must be paid when the debtor becomes insolvent before other debts. For example, Congress has granted priority to debts owed the Federal government. See Federal Tax Lien Act. The final type of creditor is one who has neither a lien against the debtor's property or is the subject of a statutory priority.
Non-bankruptcy debtor-creditor law arises mainly from state statutory and common law. Tort law, such as defamation, provides a means for state courts to limit private means of debt collection. States also regulate debt collection through statute. Congress has enacted the Fair Debt Collection Practices Act to regulate some debt collectors.
Creditors use judicial and statutory processes to have debts satisfied. Attachment is a limited statutory remedy whereby a creditor has the property of a debtor seized to satisfy a debt. Garnishment allows a creditor to collect part of a debt (for example wages) to satisfy the obligation. Replevin allows a creditor to seize goods, such as a security interest, that he or she has a property interest in, to satisfy the debt. Receivership involves the appointing of a third party by a court to dispose of the debtor's property in order to satisfy the debt. Creditors commonly seek to create a lien on a debtor's property through a judicial process of lien creation, which is governed by state law. Once a lien has been created state statutory law governs how the lien is executed against the debtor's property. The sale of property subject to a lien to satisfy the debt is also governed by state statutory law. Federal and state statutes, and the Federal Consumer Credit Protection Act also limit the type of property that can be used to satisfy a debt.
A debtor may attempt to fraudulently convey a piece of property to avoid having it seized. State laws seek to prevent this type of property transfer. Many states have adopted the Uniform Fraudulent Conveyances Act or its successor, the Uniform Fraudulent Transfer Act.
The federal laws protect the debtor's right to verify the amount of debt that the debt collector claims you owe.
Who is a debt collector?This is the entity that is employed to regularly collects debts owed to others especially when those debts are past.
However, as a debtor, the federal laws protect their right to verify the amount of debt that the debt collector claims they owe.
Therefore, the Option C is correct.
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When labor costs are incurred, _________ labor costs are added directly to the work in process account.
Answer: only direct labor costs
A system in which depository institutions hold reserves that are less than the amount of total deposits is
A system in which depository institutions hold reserves that are less than the amount of total deposits is known as a fractional reserve banking system.
In a fractional reserve banking system, depository institutions, such as commercial banks, are required to hold only a fraction of the total deposits they receive as reserves. The reserve requirement is set by the central bank or regulatory authority of a country.
For example, if the reserve requirement is 10%, a bank that receives $100 in deposits is required to hold $10 as reserves and can lend out the remaining $90. This creates a "fractional" reserve system where the bank keeps only a fraction of the deposited funds as reserves.
The concept of fractional reserve banking allows banks to create money through the process of lending. When a bank lends out a portion of its deposits, the borrowed funds are typically deposited in another bank, which then becomes part of that bank's reserves. This process continues, expanding the money supply in the economy.
Fractional reserve banking has advantages in stimulating economic activity through increased lending and investment. However, it also carries risks, such as the potential for bank runs or liquidity problems if depositors demand their funds in large amounts.
Central banks use reserve requirements as a tool to regulate and control the money supply in an economy. By adjusting the reserve requirement, they can influence lending activities and manage economic stability.
In conclusion, a system in which depository institutions hold reserves that are less than the amount of total deposits is known as a fractional reserve banking system. It allows banks to lend out a portion of their deposits, creating money and stimulating economic activity. However, it also poses certain risks and is regulated by central banks to maintain financial stability.
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A smartphone manufacturer introduced a new device into the marketplace with pricing set according to the skimming approach. The CEO of the company reviews financial reports from the device and notes that the pricing approach used is not cost-effective for the company. How should the CEO adjust the pricing strategy for this device? Group of answer choices Drop the price Increase the price Offer an everyday low price option Remarket the device under a private label Match the price to the competitions' price
Answer:
Drop the price
Explanation:
Since in the given question it is mentioned that the new product is launched as per the skimming approach but the CEO of the company recognize that the pricing approach is not cost effective so here the CEO would adjust the pricing strategy by dropping the price so that the sales of the company could be rise due to which they are able to achieve the high profits.
Georgie has gross income of $5,000 from an activity that has been deemed to be a hobby by the IRS. Her expenses related to the activity include property taxes of $3,000, operating expenses of $1,500, and depreciation expense of $800. What would be Georgie's deductible expenses for the year and where would they be taken?
a. $3,000 Schedule A (Itemized Deductions)
b. $3,000 Schedule C (Profit or Loss from Business)
c. $5,000 Schedule A (Itemized Deductions)
d. $5,000 Schedule C (Profit or Loss from Business)
e. $5,300 Schedule C (Profit or Loss from Business)
Georgie's deductible expenses for the year would be option b) $3,000, and they would be taken on Schedule C (Profit or Loss from Business). The IRS considers the activity a hobby because the gross income from the activity is less than the expenses incurred.
To calculate the deductible expenses, we subtract the property taxes ($3,000), operating expenses ($1,500), and depreciation expense ($800) from the gross income ($5,000). This results in a total of $3,000 in deductible expenses. These expenses are reported on Schedule C because they are related to a business activity, even if it is deemed a hobby by the IRS. Schedule C is used to report the income or loss from a sole proprietorship or single-member LLC.
On Schedule C, Georgie will report her gross income of $5,000 and deduct her expenses of $3,000. The net profit or loss from the activity will be calculated based on the difference between the gross income and deductible expenses. In summary, Georgie's deductible expenses for the year would be $3,000, and they would be taken on Schedule C (Profit or Loss from Business).
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what are the building blocks of a personality select all that apply A. emotional qualities B, ethnic identity
Answer:
A
Explanation:Bcause ethnic identity should not determine youre personality. Many peoplefrom the same ethic identity may have different personalities.
Answer:
emotional qualities, ways of behaving
Explanation:
correct on quick check.
The Helsinki accords, signed by Gerald Ford and leaders of thirty-four other nations,
a. pledged signatories to guarantee certain basic human rights.
b. rejected the Soviet-directed boundary of Poland.
c. proved to many Americans that détente was still a two-way street.
d. was condemned by West Germany as meaningless.
e. accepted Soviet control of Eastern Europe.
The Helsinki accords, signed by Gerald Ford and leaders of thirty-four other nations, pledged signatories to guarantee certain basic human rights. These included freedom of thought, conscience, religion, expression, peaceful assembly, and movement.
However, the accords did not accept Soviet control of Eastern Europe nor did they reject the Soviet-directed boundary of Poland. The accords also did not prove to many Americans that détente was still a two-way street. In fact, there was much criticism of the accords, with some calling it meaningless.
Despite this, the accords did lay the groundwork for future negotiations and agreements, particularly in the areas of disarmament and human rights. Overall, the Helsinki accords were an important milestone in international relations and helped to promote cooperation and understanding among nations.
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A ________ state is one with unstable leadership, whose policies are driven by ideology rather than by economic or human costs and benefits.
A rogue state is one that has unstable leadership and the policies are driven by ideologies instead of economic costs or benefits.
What is a state?A state is a territory that belongs to one country. It is having its own government which runs that particular state or province.
A rogue state is a kind of state which is responsible for shattering and disrupting global laws and is also considered a danger to other countries or nations in the whole world. North Korea, Libya, Iran, Iraq, and Cuba are labeled as rogue states. These states are not driven by an economy and are actually driven by the ideologies developed by their presidents.
Therefore, the state is driven by ideologies instead of an economy that is considered to be a rogue state.
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with regard to strategic trade policy, what are two actions governments take in response to pressure from business firms?
The two actions governments take in response to pressure from business firms Increased protectionism, Push for more open markets and freer trade.
What two elements make up strategic trade policy?To increase national revenue, strategic trade policy consists of two parts: assisting businesses in capturing first-mover advantages and interfering in markets where foreign companies already have a first-mover advantage.
What are the two basic justifications for government trade restrictions?defending native industry against international competition.
Keeping budding industries alive until they are fully developed and competitive globally.
obtaining domestic work and revenue.
to bring in money for the government.
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Sheridan Company took a physical inventory on December 31 and determined that goods costing $225,000 were on hand. Not included in the physical count were $24,200 of goods purchased from Pelzer Corporation, FOB shipping point, and $21,200 of goods sold to Alvarez Company for $29,200, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end.
Answer:
$270,400
Explanation:
FOB shipping point: (transfer of risk and reward takes place when the goods are shipped for transfer.
The purchased inventory that was not included are under FOB shipping point, which means that the risks and rewards associated with the inventory has been transferred at the year end. Hence the ownership has been shifted. This means the purchase must be included in the inventory.
FOB destination: The transfer of ownership takes place once the other party receives the order.
As the sold inventory are under FOB destination, which means that the risks and rewards assoiciated with the inventory are not yet transferred. Hence the ownership has not been shifted. This means the sold inventory must be included in the inventory.
Calculation:
Goods on Hand $225,000
Goods Purchased FOB Shipping Point $24,200
Goods Sold on FOB Destination $21,200
Goods on Hand on December 31 $270,400
what are the benefits and advantages of hemoglobin having four subunits compared to myoglobin only having one subunit, in terms of delivery, function and productivity?
The presence of four subunits in hemoglobin compared to one subunit in myoglobin provides several benefits and advantages in terms of delivery, function, and productivity.
Oxygen Delivery: Hemoglobin's four subunits allow it to efficiently transport oxygen in the bloodstream. Each subunit of hemoglobin can bind to an oxygen molecule, enabling a single hemoglobin molecule to carry up to four oxygen molecules. This enhances the oxygen-carrying capacity of hemoglobin compared to myoglobin, which can only bind to one oxygen molecule per molecule.
Cooperative Binding: The four subunits of hemoglobin exhibit cooperative binding behavior, meaning that as one subunit binds to oxygen, it induces a conformational change that enhances the affinity of the remaining subunits for oxygen. This cooperative binding mechanism allows hemoglobin to efficiently load and unload oxygen at the tissues, facilitating oxygen delivery to cells. Myoglobin, with its single subunit, does not exhibit cooperative binding and primarily serves as an oxygen reservoir in muscle tissues.
Function in Different Conditions: Hemoglobin's multiple subunits enable it to function optimally in different physiological conditions. The presence of different types of subunits in hemoglobin allows for variations in oxygen affinity, adapting to different tissue oxygen requirements. This versatility allows hemoglobin to effectively deliver oxygen to tissues under varying oxygen levels, such as during exercise or at high altitudes. In contrast, myoglobin, with its single subunit, has a high affinity for oxygen and is better suited for oxygen storage rather than efficient oxygen delivery.
Increased Productivity: The presence of four subunits in hemoglobin increases its productivity in terms of oxygen transport. With multiple subunits, more oxygen molecules can be carried simultaneously, enhancing the efficiency of oxygen delivery to tissues. This enables organisms with hemoglobin to have higher metabolic rates and perform more vigorous activities compared to organisms relying primarily on myoglobin for oxygen transport.
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corporate strategic options for diversified companies would not normally entail multiple choice sticking closely with the existing business line when the current business line offers attractive growth opportunities. divesting weak-performing businesses and retrenching to a narrower base of business operations. broadening the diversification base by adding and acquiring more businesses. repurchasing shares of the company's common stock and building cash reserves by investing in short-term securities. restructuring the company's business lineup through a mix of divestitures and new acquisitions.
Option (c), which entails repurchasing shares of the company's common stock and accumulating cash through investments in short-term securities, is the best choice.
What exactly do you mean by diversified companies?A diverse corporation owns or engages in business across a number of unrelated industries. Companies can diversify by starting new ventures on their own, joining forces with another business, or buying a firm that operates in a different industry or service sector. One typical type of diversified company are conglomerates.
Why does corporate strategy matter for a varied firm?So, the company strategy is to increase profitability by entering new markets and offering new products. Corporations may also aim to diversify in order to assist mitigate the dangers related to relying too much on one industry.
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which of the following jobs typically requires an associate’s degree
you never added the jobs...
why do the products of service providers tend to be more customized than those of manufacturers?
The products of service providers tend to be more customized than those of manufacturers because service providers deal with intangible goods, which are not physical and can't be touched or seen.
Service providers offer services that are tailored to meet the unique needs of their customers. They take into consideration the specific requirements of their clients and deliver personalized services that meet their needs. On the other hand, manufacturers deal with tangible goods, which are physical and can be touched and seen. They produce goods in large quantities and follow standardized processes to ensure that their products meet certain quality standards. They can't customize their products to the extent that service providers can because they have to maintain economies of scale to ensure that their production costs are minimized.
Service providers can customize their services to provide a unique experience to each customer. This enables them to build strong relationships with their clients, improve customer satisfaction and loyalty, and differentiate themselves from their competitors. By offering personalized services, service providers can also charge premium prices, which can increase their profitability.
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A designer reaches the final stage of building value propositions. They review their official value proposition list. Using this list, how can they make sure their product stands out from the competition?
Identify their product's unique value proposition and remove value proposition that are offered by competitors are the way they can do to make sure their product stands out from the competition.
What is a value propositionThe value proposition is a company's unique selling point that explains to potential customers why they should do business with the organization.
In most cases, a value proposition offers a clear distinction between an organization and its competitors to help customers see why they should work with one company over another.
Companies use value propositions in a number of ways. They are used internally to help various departments in a business align their tasks and goals, and they are used externally as a marketing and advertising tool to help convince customers to make a purchase.
The value proposition itself is very concise and usually only a sentence or two long and can be used for both internal and external content.
What makes a good value propositionA good value proposition can take many forms. Some are complete sentences, while others are a series of short bullet points.
Regardless of format, excellent value propositions tend to have certain characteristics:
Be concise: Ideally, the value proposition is short and concise enough for your customers to remember and remember. Digestible: The main idea of the value proposition should be immediately clear to the reader. Definitive: The value proposition must definitively state the unique value your company offers to customers. Explanation: An excellent value proposition should provide a clear explanation of why your company is better than the competition. Accessible: Customers and internal stakeholders should have easy access to your value proposition, usually via your company's website. Measurable: Some value propositions offer measurable statistics to better demonstrate how much better their product is than their competitorsLearn more about value propositions at https://brainly.com/question/3130122.
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The time lag for monetary policy is typically ________________ the time lag for fiscal policy.
The time lag for monetary policy is typically shorter than the time lag for fiscal policy.
What is Monetary or Fiscal Policy Time Lag?Monetary policy changes normally take a certain amount of time to have an effect on the economy. The time lag could span anywhere from nine months up to two years.
Fiscal policy and its effects on output have a shorter time lag. When monetary policy attempts to stimulate the economy by lowering interest rates, it may take up to 18 months for evidence of any improvement in economic conditions to show up. Additionally, if the government changes its fiscal policy and chooses to increase spending, for example, the fiscal stimulus may still take several months to have any effect on the economy.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
The time lag for monetary policy is typically ________________ the time lag for fiscal policy. Select one:
a. shorter than
b. longer than
c. about the same as
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What is a company doing if it requires customers to buy multiple products from that company to obtain the one product that the customer truly wants?
practicing predatory pricing
engaging in nonprice competition
working around antitrust laws to gain control over the market
using deregulation
Answer:
The company is trying to work around antitrust laws in order to be at the top of the market.lanation:
Answer:
engaging in nonprice competition
Explanation:
if im wrong comment
What is your current role as a team member either at work, school, family, or sports? How will that role change in the future?
PLEASE ANSWER
which of the following methods do economists use to study income differences across countries? check all that apply. the purchasing power parity method, used to compare incomes across countries the bundle of goods method, used to compare types of affordable goods across countries an environmental performance index the gdp deflator method, used to compare incomes across countries
Following methods economists use to study income differences across countries :
The purchasing power parity method, used to compare incomes across countries
Exchange rate conversion, used to express incomes in the common currency
A common metric used by macroeconomic analysts to compare the currencies of various nations using a "basket of goods" approach is purchasing power parity (PPP). Economists can compare economic productivity and living standards across nations thanks to purchasing power parity (PPP). In order to account for PPP, some nations modify their GDP estimates.
The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.
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Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?
a.25000
b.30000
c.20000
d.35000
Answer:
b.30000
Explanation:
The moving average follows the trend of data to forecast the next value.
the formula applicable in moving average is = (n1 + n2 + n3 + ...) / n
For George, the moving average will be
=$30,000 + $35,000 +$25,000 + $30,000/4
=$120,000/4
=$30,000
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which of the following is not an example of appropriate business etiquette?
Greet everyone cordially, warmly, professionally, and with eye contact.
Dress appropriately and professionally and practice good hygiene.
Arrive at appointments within fifteen minutes of the scheduled time.
Pay attention to the person to whom you are speaking and learn their name.
Answer: Arriving at appointments within fifteen minutes of the scheduled time. This is not an example of appropriate business etiquette as it suggests arriving late or not on time. A person should arrive on time or a few minutes early for a business appointment.
Describe the resources you plan to use or provide to ensure the beneficiary has adequate financial support to cover their basic living needs.
The resources that one can use to plan to ensure the beneficiary has adequate financial support to cover their basic living needs.
The person's full legal name.The person's relationship to you. Mailing address, email, phone number.The date of birth and Social Security number.Who Are the Beneficiaries?A beneficiary is a person (or entity) named to receive the advantages of property that belongs to another person. These benefits are frequently given to beneficiaries as a part of an inheritance.
It's crucial to name beneficiaries for your financial assets so that you can rest easy knowing that the people you've determined should get your money are guaranteed to do so. You can control what happens to your money and make the situation clear for everyone who might be affected by naming beneficiaries.
Note that there is no question as to where you want your money or insurance proceeds to go if you have a current beneficiary listed on all of your accounts. It reduces time (and maybe money).
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Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.
Answer:
Account b
Explanation:
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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For each scenario, indicate whether it is an example of moral hazard or adverse selection.a.You decide to buy a new car instead of a used car because you are worried about the quality of the used car.b. You sell your condominium because you fear there will be a large special assessment next year. There has been no official notice of an upcoming assessment. c. The owner of a company has just secured a new line of credit from the bank. He decides to change his business plan and open a second office in a foreign country.d. A firm that has purchased a large insurance policy becomes careless about setting the security alarm. e. A number of households find themselves owing more on their mortgages than their houses are currently worth. Some of them decide to abandon the house and walk away.f. The owners of a company suspect there will be more competition from foreign producers in upcoming years. They have just issued new shares of stock in their company.
For each scenario, indicate whether it is an example of moral hazard or adverse selection.
.a.You decide to buy a new car instead of a used car because you are worried about the quality of the used car -- adverse selection
b. You sell your condominium because you fear there will be a large special assessment next year. There has been no official notice of an upcoming assessment -- adverse selection
c. The owner of a company has just secured a new line of credit from the bank. He decides to change his business plan and open a second office in a foreign country -- moral hazard
d. A firm that has purchased a large insurance policy becomes careless about setting the security alarm -- moral hazard
e. A number of households find themselves owing more on their mortgages than their houses are currently worth. Some of them decide to abandon the house and walk away -- moral hazard
f. The owners of a company suspect there will be more competition from foreign producers in the upcoming years. They have just issued new shares of stock in their company -- adverse selection
What is a moral hazard?A moral hazard is a possibility that one party entered into the agreement dishonestly or gave incorrect information regarding its assets, liabilities, or creditworthiness.
A condition of "moral hazard" occurs when one party engages in a risky activity while knowing that it is protected from the risk and that the other party will bear the expense.
The phenomenon known as "adverse selection" occurs when bad risks are more likely to purchase insurance than positive risks. When symmetric information is lacking before a transaction between a buyer and a seller, adverse selection takes place.
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Provide one word or term for the following: 1.1. A specific amount the insured has to pay every time a claim is made. (2)
Answer: Deductible! Good Luck !
3. what is your evaluation of iridium’s organizational design? what changes would you have made to increase the probability of a successful outcome?
Iridium's organizational design was complex and ambitious, aiming to provide global satellite communication services through a constellation of low-earth orbit satellites. To increase probability, Firstly, I would have focused on developing a leaner and more cost-effective system design
However, the project faced several challenges, including high costs, technical difficulties, and competition from emerging technologies such as cell phones. Ultimately, Iridium filed for bankruptcy in 1999, and the project was acquired by a group of investors who restructured the company and relaunched the services.
In hindsight, Iridium's organizational design had several flaws that contributed to its failure. One of the main issues was the overly complex and expensive system design, which required a large number of satellites, sophisticated ground stations, and advanced communication protocols.
Iridium assumed that there was a significant demand for global satellite communication services, but failed to account for the emergence of cheaper and more accessible technologies such as cell phones and Wi-Fi. This resulted in a mismatch between the product design and the market needs, and ultimately led to low adoption rates and high customer churn.
To increase the probability of a successful outcome, I would have recommended several changes to Iridium's organizational design. I would have focused on developing a leaner and more cost-effective system design, by leveraging existing satellite and communication technologies,
Adopting a more modular and scalable approach. This would have reduced the capital and operational costs, and made the service more affordable and accessible to a wider range of customers.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.