When a company services the broad market and has a low degree of product differentiation, it is most likely pursuing a cost-leadership strategy.
<h3>What is Cost Leadership?</h3>
Cost leadership is a term used when a company projects itself as the cheapest manufacturer or provider of a particular product or commodity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing cost at every level to remain competitive.
Cost leadership is a part of marketing strategy. Although, it is highly effective in gaining market share as well as drawing the customers' attention, it is difficult to deploy. The management team of the company has to constantly work towards reducing the cost of not just one product, but the entire range of products in the company's portfolio.
<h3>What Is Cost Leadership Strategy?</h3>
Cost leadership is a business-level strategy employed by companies who wish to gain a competitive advantage by being the lowest-cost producer of a service, production process, or commodity.
Therefore, we can conclude that the correct option is it is most likely pursuing a cost-leadership strategy.
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Answer:
see below
Explanation:
A
Because for the last sentence, the more proper pronoun would be "their".
Based on the information given the marginal product of labor per hour from adding that third worker is $55 per hour.
Using this formula
Marginal product of labor per hour
=Change in sales/ Change in number of workers
Where:
Change in sales=($190 per hour-$135 per hour)
Change in number of workers=1
Let plug in the formula
Marginal product of labor=($190-$135)/1
Marginal product of labor=$55/1
Marginal product of labor =$55 per hour
Inconclusion the marginal product of labor per hour from adding that third worker is $55 per hour.
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On june 1, pizza company paid $100 for advertisements to be run on june 1. pizza company's entry to record this payment will include a $100 Credit to cash and debit to advertising.
In double-entry accounting, debits and credits are entries made in account ledgers to record value changes brought on by company transactions. Each transaction transfers money from credited accounts to debited accounts. A debit entry in an account reflects a transfer of value to that account, and a credit entry represents a transfer out of that account.
In order to distinguish between debits and credits, an account book's transfer amounts are typically written in different columns. Alternatively, they can be written in a single column with the suffix "Dr" for debits or just writing them plain, and "Cr" for credits or a minus sign. Despite the minus sign, positive and negative numbers are not directly correlated with debits and credits.
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Answer:
C) $500,000
Explanation:
According to Section 1012, the basis for stock is the purchase cost of stock.
Axle Corporation's basis in the Drexel Corporation stock is $500,000 .
