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2 years ago

The strategy that founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands was:

1 answer:

jeka942 years ago

7 0

The strategy that founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands was Identifying and attacking a niche.

<h3>What is a niche?</h3>

Niche serves as specialized segment of the market which can be attributed to a particular kind of product as well as service.

In this case, founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands for a niche.

Learn more about niche at:

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The four determinants in Porter's model of international competitive advantage include all of the following EXCEPT: Group of ans

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Answer:

<h2>In this instance,the correct answer is the first option in the answer choices given or political and economic institutions.</h2>

Explanation:

Porter's model of international competitive advantage thoroughly explains the factors or attributes that contribute to the competitive advantage of any country in the international market of various goods and services which can eventually strengthen the economic position of the country in the global commercial environment.This will subsequently generate economic benefits to any country in various trade and commercial activities in the international market.Now,as proposed by Porter,some of the forces or attributes that can ensure and strengthen a sustainable competitive advantage of any country in the global market include related or supporting industries,which can be used to provide productive resources and factors/inputs of production to facilitate the production of any good and service,factors of production,which refers to the efficient and productive utilization of the factors/inputs of production in the production process by domestic firms or companies,demand conditions,which indicate the overall scenario of consumer or commercial demand for goods and services in the country based on which domestic firms or companies can adjust or modify their respective production level that can potentially determine the overall production of goods and services in the country.However,Porter does not specify the role of major economic and political institutions in promoting or ascertaining international competitive advantage of any country.

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3 years ago

US Unemployment Rate 1980–1985 A graph titled U S Unemployment Rate from 1980 to 1985 has year on the x-axis, from 1980 to 1985,

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Explanation:

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3 years ago

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A price ceiling set below the equilibrium price in a perfectly competitive market A. always reduces producer surplus and increas

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Answer:

Explanation:

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

Because price is below equilibrium price, consumer surplus would increase and producer surplus would reduce

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2 years ago

Jamison's gross tax liability is $7,200. Jamison had $2,625 of available credits and he had $4,400 of taxes withheld by his empl

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Answer:

The answer is: Jamison has $175 in taxes due.

Explanation:

To determine the amount of taxes that Jamison still has to pay, we can use the following formula:

Taxes due = tax liability - (taxes withheld by employer + tax credits)

Taxes due = $7,200 - ($4,400 + $2,625) = $7,200 - $7,025 = $175

Jamison has $175 in taxes due.

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3 years ago

Wood County Hospital consumes 1,000 boxes of bandages per week. The price of bandages is $35 per box, and the hospital operates

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Answer:

= $367.34

Explanation:

Economic order quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding costs are equal to the ordering costs.

EOQ = (2× Co× D)/Ch

Total relevant cost of inventory = ordering cost + Holding cost

Step 1

Total cost of inventory under EOQ

EOQ for Wood County

EOQ = 2√(2× 15 × 1000× 52)/(15%× 35)

= 545.10 units

ordering cost =( (1000× 52)/ 545.10 ) × 15 = 1,430.90

Holding cost = ( 545.10/ 2) × 15% × 35 =1,430.90

Total cost =1430.90 + 1430.90= $2,861.81

Step 2

Total cost of inventory using order size of 900 boxes

ordering cost =( (1000× 52)/900 ) × 15 = 866.66

Holding cost = (900/ 2) × 15% × 35 = 2,362.5

Total cost = 866.66 + 2,362.5 = $3,229.16

Step 3

Calculate in savings in total costs

Savings = Difference in total inventory cost of EOQ order size and 900 boxes order size :

=$3,229.16-$2,861.81

= $367.34

Savings = $367.34

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3 years ago