1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
2 years ago
7

The basis of strategic position through serving few needs of many customers is known as:_____.

Business
1 answer:
rosijanka [135]2 years ago
8 0

Strategy is the basis of a strategic position by serving only a few needs of many customers.

When there is a creation of a unique & valuable position it is called strategy. This strategic position can be developed through three sources. The first one is many customers and few needs. The second one is by having few customers and broad needs. The third one is by having many customers and broad needs.

A type of competing for the strategic position in strategy is known as Trade-Offs competing. The trade-Off competition requires the company to focus only on a few compatible strategies. Under this method, the company will not follow more strategies that are general but focus its attention only on a strategy that is specific. So the company will try to implement a system that is independent and different and reinforces each of its activities.

Learn more about strategies here:

brainly.com/question/6748878

#SPJ4

You might be interested in
Answer following question with true or false and explain.A firm's profit margin is 5%, its debt/assets ratio is 56%, and its div
maria [59]

Answer:

False

Explanation:

As a company's sales level increases, its current assets will increase, e.g. cash, inventories, accounts receivables increase. generally, also the fixed assets increase, specially if the firm was previous producing at full capacity even before total sales increased. But as sales increase, not only do the company's assets increase, its current liabilities generally increase also, and its profits should increase. In this case, 60% of the company's profits are reinvested in the company, and the liabilities represent more than half of the total assets. Therefore, it is possible that the company needs external financing, but it is also possible that it doesn't. You cannot assume that the company will necessarily need external financing, because retained earnings  and the increase in current liabilities might be enough to finance the company's growth in sales.

8 0
3 years ago
Inventory information for Part 311 of Whispering Corp. discloses the following information for the month of June.
bearhunter [10]

Answer:

FIFO: ending inventory: $9,528  COGS: $ 14,452

LIFO: ending inventory: $ 8,422 COGS: $ 15,558 (periodic)

LIFO:  ending inventory $ 9,035 COGS ·$ 14,945 (perpetual)

<em />

Explanation:

June   1     Balance 304 units @ $13   3, 952

June  11 Purchased 804 units @ $15  12,060

June 20 Purchased 498 units @ $16<u>  7, 968   </u>

Tota units 1,606 Cost available:         23,980

June 10 Sold 205 units @ $30

June 15 Sold 504 units @ $32

June 27 Sold 295 units @ $34

Total units: 1,004 units

<u></u>

Ending Inventory units: 1,606 - 1,004 = 602

<u>FIFO:</u>

first units are sold while last are ending inventory.

As we always pick from chronological order is the same under perpetual or periodic method.

<u><em>Ending Inventory:</em></u>     602 units

June 20 Purchased 498 units @ $16   7, 968   (602 - 498 = 104)

June  11 Purchased   104 units @ $15 <u>  1, 560    </u>

                      Total:                               9,528

<u><em>COGS:</em></u> Difference between cost available and ending inventory:

23,980 - 9,528 = 14,452

<u>LIFO:</u>

first units are part of ending inventory. As the units aren't picked in chronological order the values cahnges under perpetual and periodic method.

<u>periodic ending inventory:</u>

June   1     Balance 304 units @ $13   3, 952 (602 - 304 = 298)

June  11 Purchased 298 units @ $15<u>   4,470   </u>

                               Total                      8,422

COGS: 23,980 - 8,422 = 15,558

<u>perpetual method:</u>

Inventory after 1st sale: 304 - 205 = 99 units at 13

Inventory after 2nd sale.

99 untis at 13

804-504 = 300 units at 15

Inventory after 3rd sale.

99 untis at 13                           1,287

300 units at 15                        4,500

498 - 295 = 203 units at 16 <u>   3,248   </u>

<em>ending inventory:                  9,035</em>

<em>COGS: 23,980 - 9,035 = 14,945</em>

8 0
3 years ago
Four hundred and eighty minutes of production time are available per day. The schedule calls for the production of 80 units per
BabaBlast [244]

Answer:

<em>The theoretical minimum number of workstations are five workstations</em>

Explanation:

Given the total time available per day = 480 minutes

the cycle time which is the time required or spent to produce a unit can be obtained as;

Cycle time = Total time / Demand per day

Cycle time = 480 / 80 = 6 minutes

hence 6 minutes is the cycle time  for one unit.

The theoretical number of stations can be calculated thus;

Theoretical number of stations = Time for one unit / Cycle time

= 30/6 = 5 workstations

<em>Therefore the theoretical minimum number of workstations are five workstations</em>

4 0
3 years ago
Which of the following help to build credit? Opening a bank account Employment stability A college degree Good rental history De
vladimir1956 [14]

good rental history helps build credit

6 0
3 years ago
In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset
Vitek1552 [10]

In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset would be compared to:

under U.S. GAAP Fair value and under IFRS recoverable amount.

Explanation:

In US GAAP, the cost of financial asset depreciation is calculated as the difference between carried value and fair value; in compliance with IFRS, a loss of financial asset impairment is defined as the difference between carrying value and the percentage of the asset that can be recouped.

In compliance with US-based ASC 360-10-35-20. The recovery of a historically identified impairment loss (or "restoration") is forbidden because an item is deemed to have a new cost base after an impairment loss has been registered.

7 0
3 years ago
Other questions:
  • Nelson Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origin
    5·1 answer
  • When supply and demand meet at the equilibrium point, then prices in the market will?
    8·2 answers
  • Preferences are characterized generally by: A. income. B. consumption bundles. C. indifference curves. D. budget constraints.
    15·1 answer
  • . Dolores used to work as a high school teacher for $40,000 per year but quit in order to start her own catering business. To bu
    6·1 answer
  • The T- account for Cash had 3 transactions entered into it. It was increased by $400 and decreased by $100 and by $30, respectiv
    13·1 answer
  • What is market positioning?<br> Read More &gt;&gt;
    13·1 answer
  • Your insurance firm processes claims through its two facilities: facility A and facility B. Each month, facility A handles 6,000
    8·1 answer
  • A truck was acquired on July 1, 2018, at a cost of $311,850. The truck had a six-year useful life and an estimated salvage value
    12·1 answer
  • Vivien's project manager has asked her to analyze the project requirements before finalizing them. What would she look for and a
    15·1 answer
  • The united states maintained its military superiority with a defense budget larger than the next __________ biggest military pow
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!