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natali 33 [55]
2 years ago
12

According to porter, the three competitive positions that businesses pursue to gain and maintain competitive advantage in produc

t-markets are?
Business
1 answer:
kaheart [24]2 years ago
3 0

According to Porter, the three competitive positions that businesses pursue to gain and maintain a competitive advantage in product markets are: A. maintaining a secure position in a relatively stable product, offering a limited range of products, and protecting its domain by offering lower prices.

Competitive positioning makes you, your company, product or service stand out from your competitors. You need to identify what differentiates your business and how it adds value to your customers and clients. This information is used to develop marketing and branding plans.

The four main positions that brands typically occupy in the market are market leader, market challenger, market follower, and market niche. Depending on your broad brand position, your attacks on your competitors may differ.

competitors positioning relates to how strong a brand is in the customer's mind, what the company's message is, and how an organization sees itself in the market. Selling great products and services alone is not enough to guarantee business success.

Learn more about the competitive market here: brainly.com/question/25717627

#SPJ4

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Answer:

a

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Cyclical unemployment is
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5 0
3 years ago
The main disadvantage of a monetary union is the loss of national monetary and exchange rate policy independence. lessened polit
anzhelika [568]

Answer:

The correct option is;

Loss of national monetary and exchange rate policy

Explanation:

The disadvantages of the establishment of monetary unions includes;

1) The loss of independence in monetary policy

2) The associated problems that arise due to the the initial establishment of the union

3) Tedious nature of the task of attaining comprehensive capital mobility

The advantages are;

1) Lack of uncertainty in exchange rate variation

2) Reduced cost of doing business

3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.

7 0
3 years ago
Crossroad chooses to report a financial asset at its fair value. The asset trades in two different markets; however, neither mar
Alex

Answer:$81

Explanation:

The options given are:

a. $76

b. $80

c. $81

d. $82

If the principal market that is, the market that the greatest volume of activity can't be identified, then the most advantageous market would be used to determine the fair value of a financial asset.

The most advantageous market is the market that has the highest net price, after transaction cost has been considered even though the transaction costs is not included into the fair value. Therefore, the second market gives the highest net price of $80 after the consideration of the transaction costs, hence, it should be utilized for fair value purposes.

The fair value amount include the transaction costs, which give $80 + $1 = $81

The fair value amount is $81.

5 0
3 years ago
Beau Corporation sells a unit of its product for​ $250 per​ unit, while its variable costs per unit are​ $75. Fixed cost are bud
wolverine [178]

Answer:

Number of units that must be sold to earn the target profit is 3000 units.

The contribution margin ratio is 0.70

Explanation:

We will use the break even analysis modified for target profit to calculate the number of units needed to earn the desired

The break even point in units is calculated by dividing the fixed cost by the contribution margin per unit. To calculate the number of units required to earn the desired profit, we add the desired profit to fixed cost and divide it by the contribution margin per unit.

Contribution margin per unit = 250 - 75  =  $175

Number of units required to earn target profit = (325000 + 200000) / 175

Number of units required to earn target profit = 3000 units

The contribution margin ratio is = 175 / 250   =  0.7 or 70%

Dollar Sales required to earn target profit = $4,812,500

8 0
3 years ago
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