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2 years ago

In order to realize the strongest competitive advantage, firms engaged in worldwide competition must:_____.

1 answer:

6 0

In order to realize the strongest competitive advantage, firms engaged in worldwide competition must C. pursue a strategy that combines the uniformity of a global strategy and the specificity of a multidomestic strategy in order to achieve optimal results.

Strategy is an movement that managers take to gain one or greater of the organization's desires. The strategy also can be defined as “A trendy course set for the company and its various components to acquire the desired country within the destiny. approach effects from the precise strategic planning procedure”.

A tactic refers to the particular moves taken to reach the set desires in line with the method. for example, enterprise A's method is probably to end up the cheapest issuer within the cellphone marketplace. Their managers then want to negotiate with suppliers to lessen the costs of the electronic components used in production.

Strategy is a standard plan to reap one or extra long-time period or normal desires under conditions of uncertainty.

Learn more about the strategy here: brainly.com/question/24769299

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Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $106 million and investment in operating capital of $189 mill

Ilia_Sergeevich [38]

Answer:

$307 million

Explanation:

Iron ore Corporation reported a free cash flow of $106 million

The investment in operating capital is $189 million

Iron ore listed a depreciation expense of $39 million and a tax of $51 million on its income statement for 2008.

The first step is to calculate the operating cash flow

Free cash flow= Operating cash flow-Investment in operating capital

$106m= OCF-$189m

OCF= $106m+$189m

OCF= $295m

Operating cash flow= $295 million

Therefore, the EBIT can be calculated as follows

Operating cash flow= EBIT-Taxes+Depreciation

$295m= EBIT-$51m+$39m

$295m= EBIT-$12m

EBIT= $295m+$12m

EBIT= $307 million

Hence the iron ore's 2008 EBIT is $307 million.

8 0

3 years ago

Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but i

Andrew [12]

Answer:

$832 U

Explanation:

Flexible budget = $30,628 ($1,900 + $7.20 3,990)

Actual results = $31,460

Spending variance = $832

Actual expense > Flexible budget, the variance is unfavorable (U)

3 0

3 years ago

aylor & Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,0

fenix001 [56]

Answer:

Unitary prime cost= $170.24

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.

Direct labor= $880,000.

Manufacturing overhead equaled $495,000

The company manufactured 8,400 television sets during the month.

Unitary prime cost= (direct material + direct labor)/number of units

Unitary prime cost= (550000 + 880000)/8400= $170.24

7 0

4 years ago

20 pts

kap26 [50]

Answer:

D. Wrestling

Explanation:

The oldest sport in human history is wrestling.

Source: catawiki

"We know this because of a set of famous cave paintings in Lascaux, France, dating back 15,300 years ago which depict wrestlers. And it wasn't just in France either; paintings with illustrated wresters have been found in caves all over the world, from 7000 BC in Mongolia, from 6000 BC in Libya and in prehistoric caves in Japan."

8 0

2 years ago

With an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the fir

vesna_86 [32]

Answer:

Advertising, promotion, pricing, sales and distribution.

Explanation:

Marketing mix refers to the choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a firm offers its targeted markets.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Hence, with an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the firm can adjust its advertising, promotion, pricing, sales and distribution strategy accordingly.

5 0

3 years ago