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VikaD [51]
2 years ago
9

goal of a strategic position is to create the largest gap possible between the ________ that a firm creates through its offering

s and the ________ required to create these offerings.
Business
1 answer:
KATRIN_1 [288]2 years ago
7 0

The goal of a strategic position is to create the largest gap possible between the value that a firm creates through its offerings and the cost required to create these offerings.

<h3 /><h3>What is Strategic positioning?</h3>

Strategic positioning help the company to makes some kind of value thar is needed to achieve the organizational goals.

Therefore, Strategic positioning is a key aspect of the company for great development.

Learn more about Strategic positioning at;

brainly.com/question/2847405

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Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins
HACTEHA [7]

Answer:

12.55 days

Explanation:

<em><u>Provided information </u></em>

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

<u>Inter-arrival coefficient of variation </u>

C_{vi}=\frac {\sigma}{T} where \sigma is standard deviation of inter-arrival time, T is inter-arrival time and C_v is coefficient of variation of inter-arrival time

C_{vi}=\frac {1 day}{1 day}=1

<u>Production time coefficient of variation </u>

C_{vp}=\frac {2.7}{1.8}=1.5

<u><em>Total utilization time </em></u>

U=\frac {T}{n*T_i} where T is the time of production, n is number of employees, U is utilization, T_i is inter-arrival time

U=\frac {1.8}{2*1}=0.9

Therefore, utilization time by 2 employees is 0.9

<u>Expected average waiting time </u>

T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})

Where T_e is expected average waiting time and the other symbols as already defined

Substituting 1.5 for C_{vp}, 1 for C_{vi}, 0.9 for U, 2 for n, 1 for T_iand 1.8 for T

T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})

T_e=0.9*1.625*8.583709=12.55367 days  and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

4 0
3 years ago
Eric used his credit card at an ATM to withdraw $50 of cash which type of loan did he use
Sati [7]

Answer:

C

Explanation:

4 0
3 years ago
Fama and French have suggested that many market anomalies can be explained as manifestations of ____________.A. regulatory effec
stiks02 [169]

Answer:

D. varying risk premiums

Explanation:

Fama and French has a total of three factors considered in the study:

Size of firms, book to market values, and the additional return on the market.

For all these market anomalies the study is based on the varying risk premiums assigned.

As for the market efficiency the out performance is explained by the risk and value that is of small stocks due to high cost of capital associated, and with that there is great business risk also associated.

7 0
3 years ago
QUESTION 9 of 10: Which of the following is not part of the process of passion transference?
serg [7]

Answer:

The fan does not see the relevance of the brand advertisement.

Explanation:

Trust :)

8 0
3 years ago
Monique bakes custom birthday cakes that she markets all over the Southwestern U.S. Her biggest concern is with efficiently prod
pentagon [3]

Answer:

Production Orientation

Explanation:

Monique's company follows a production orientation. Her company chooses to ignore their customer's needs and focus only on efficiently building a quality product. This type of company believes that if they can make the best 'mousetrap,' their customers will come to them.

8 0
4 years ago
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