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Nina [5.8K]
1 year ago
11

porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledg

e of these strategies can help an organization to outperform its competitors and create a sustainable competitive advantage. the goal of this activity is to test your knowledge of porter’s four competitive strategies. each item is either a description of porter’s four different types of competitive strategies (including their goals and the size of their target markets) or an example of a company employing one of porter's strategies. for each item, select the competitive strategy it best represents.
Business
1 answer:
PilotLPTM [1.2K]1 year ago
5 0

Porter’s competitive strategies that are appropriate responses respectively

1) Differentiation 2) Focused-differentiation

3) Cost-leadership  4) Cost

<h3>What is porter’s competitive strategies ?</h3>

Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.

One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.

Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.

The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.

To learn more about porter’s competitive strategies

brainly.com/question/5042589

#SPJ1

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Which of the following would be most likely to lead to increases in nominal interest rates?
olasank [31]

Answer:

c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.

Explanation:

Nominal interest rate is the sum of real interest rate and expected inflation rate.

If expected inflation rate falls, the nominal interest rate also falls.

During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.

If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.

I hope my answer helps you

8 0
3 years ago
1. All of the following are considered phases of the management process except _____. planning directing controlling executing b
12345 [234]

Answer:

1. Executing

2. Directing

3. Continuous process improvement

Explanation:

According to Managerial Accounting Concepts and Principles

1. All of the following are considered phases of the management process except EXECUTING

2. The process by which managers run day-to-day operations is called DIRECTING

3. CONTINUOUS PROCESS IMPROVEMENT is the philosophy of continually improving employees, business processes, and products.

4 0
2 years ago
The purpose of this category of interview questions is to learn about the interviewee’s personal attributes. A. General informat
sergey [27]

Behavioral questions are that type of questions in which The purpose of this class of interview questions is to learn about the personal attributes of the interviewee.

<h3>What are behavioral questions?</h3>

  • Behavioral questions are a necessary component of the interview as it states about the knowledge of the interviewee except his educational and qualification skills relevant in the real world.

  • Behavioral questions are a collection of questions enquired by an interviewer to the interviewee in the one shot of interviews.

  • Such questions express so much about the answerer as it denotes their personal conceptions, and it helps to find out the ability, presence of mind, practical behavior in a situation etc.

Hence, the purpose of behavioral questions in an interview is to express about the interviewee's personal dimensions which already faced by such person.

Learn more about interviews, refer:

brainly.com/question/15182595

3 0
2 years ago
Sheridan Company just began business and made the following four inventory purchases in June: June 1 144 units $ 952 June 10 184
Anit [1.1K]

Answer:

$210,688

Explanation:

The LIFO method of accounting for inventory involves issuing the last items purchased first and those purchased first are issued last hence the acronym LIFO which means last in first out

Given that June 1 144 units $ 952 June 10 184 units 1472 June 15 184 units 1564 June 28 144 units 1296 $ 5284 A physical count of merchandise inventory on June 30 reveals that there are 194 units on hand

Total number purchased during the month

= 144 + 184 + 184 + 144

= 656 units

Using the last in first out method, the 194 units left at the end would be made up of the 144 units purchased on June 1 and 50 units purchased on 10 June hence the amount allocated to ending inventory for June is

= 144 * $952 + 50 * $1472

= $210,688

5 0
3 years ago
How long is a frosty good for in the freezer?
gregori [183]
I'd say a day or two, depending on if it's covered or not
7 0
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