Answer:
The level that utilizes the "shotgun" approach to market coverage is:
Intensive Distribution (mass coverage).
Explanation:
This marketing approach aims to reach many consumers through as many sales channels as possible. In this situation, consumers have easy access to the goods or services. The other approaches include Selective Distribution (where few outlets in specific locations are selected for the distribution of the goods and services) and Exclusive Distribution (where limited outlets are chosen because of the target market).
The main purpose of price/sales multiple ratio is typically only for the purpose of valuation of firms having no earnings till the date of valuation. Therefore, the given statement holds true.
<h3>What is the significance of Price/Sales ratio?</h3>
Price/Sales ratio can be referred to or considered as a ratio that is used to determine the total sales made by the company without earning any profits over their sales at a given price.
Investors use this ratio in order to valuate a firm based on the sales they have made in multiples, however without earnings, that can prove to derive good investment returns in the future.
Therefore, the aforementioned statement regarding price/sales ratio holds true.
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Answer:
Successful innovation allows you to add value to your business so that you can increase your profits—if you don't innovate well, your business will plateau. Innovation helps you stay ahead of the competition. With globalization and a rapidly changing market, there are more competing businesses than ever before.
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Employees join unions because of their discontent with how management regales employees and a belief that the union can create conditions in the workplace better.
<h3>
What is unionization?</h3>
Joining together in unions allows workers to negotiate for higher wages and advantages and enhance conditions in the workplace. There exist millions of union members in America from all walks of life.
Employees join unions because of their discontent with how management regales employees and a belief that the union can create conditions in the workplace better. While pay and advantages exist often hot topics in union organizing tactics, employees are most affected to join a union when the company is scented to be unfair, unresponsive, or presenting substandard working conditions to employees.
Employers that minimize employee dissatisfaction can also minimize employees’ passion for union representation. Strategies that help discourage union approval are:
- Fair and consistent procedures and practices.
- Open door management procedures.
- Competitive compensation and benefits.
- Employee confidence and recognition.
A workplace that fosters sound relationships between management and employees and addresses employee relations exists much less likely to force employees to union miniature for assistance.
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