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1 year ago

to what extent do you think the 'big four' supermarkets should change their strategies and adopt the discounter model?

1 answer:

6 0

The major four grocery chains are known as the "Big 4," with Tesco, Sainsbury's, Asda, and Morrisons maintaining their dominance for many years.

<h3>What changes should be brought by the big four?</h3>

Discounters have been expanding their market share, and by 2020 this is predicted to increase. If the big four don't alter their strategy, they risk losing ground. When it comes to net profit margin, the discounter model appears to be more efficient.

The major four Especially if profitability is the primary emphasis of business objectives, you might wish to adopt some components of the method, such as having some discount lines, concentrating on smaller product lines, becoming leaner, and reducing administrative costs.

Depending on how they perceive their own strengths and shortcomings as well as the chances and challenges that lie ahead, they may come to different conclusions.

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You might be interested in

On January 1, Year 1, Missouri Co. purchased a truck that cost $35,000. The truck had an expected useful life of 10 years and a

ANTONII [103]

Answer:

B. $5600

Explanation:

Purchase price = $35,000

Expected life cycle= 10 years

Salvage value= $3000

Depreciation expense at the year 2= ?

Solution:

Using a straight line method.

Depreciation= Purchase price/expected useful life( straight line method)

Depreciation= 35,0000/10

=$3500 which is equivalent to 10% of the original price.

Using double declining-balance method, the value will double to

Depreciation expense in Year 1 = (20% of $35000) $7000

Depreciation expense in Year 2=

(20% of $28,000) $5600

8 0

4 years ago

Suppose executives at an art museum know that 100 adults are willing to pay $12 for admission to the museum on a weekday. Suppos

Hitman42 [59]

Answer:

If the museum engages in price discrimination and decides to take both "contracts" (adults and students), the profit the museum will earn is $800.

And it goes like this:

Adults: 100 x $12 = 1.200

Students: 200 x $8 = 1.600

Income: 1.200 + 1.600 = 2.800 total incomes if both contracts happens in the same day.

Profit: 2.800 (Income) - 2.000 (costs) = 800 profit

3 0

3 years ago

What are the implications of price wars for a company?

Elanso [62]

Implications led to more sales of the products, they are being sold for less money per product, which might potentially result in shorter-term profits.

<h3>What is the meaning of price wars ?</h3>

A price war is a conflict between rival businesses that lower the prices of their goods in an effort to strategically undercut one another and get a larger market share. A price war may be implemented as a longer-term strategy or as a short-term tactic to boost sales.

In a Price Conflict Five Techniques That Might Work:

To understand why you are engaged in this price war, do some study.
Without reducing the price, add value to the good or service.
If you can't further reduce your rates in the price war, advertise.
Find a different strategy to differentiate out from the competition than price.
Think about your brand.

Learn more about the price war:

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3 0

2 years ago

Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold

stepan [7]

Answer:

Net increase in cash = $650

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

Also note: See the attached excel file for the statement of cash flows using the indirect method.

From the attached excel file, we have:

Net cash flow from operating activities = $830

Net cash flow from investing activities = $30

Net cash from financing activities = -$210

Net increase in cash = $650

Download xlsx

3 0

3 years ago

You purchase a farm for $1,000,000 in cash. A local farmer rents the land to grow wheat and this pays your real estate taxes and

dezoksy [38]

Answer:

You get a return rate of 162.06%

Explanation:

You start off with 1 mil in profit, but you must then add the inflation rate. It says inflation increases by 3% each year, so you cannot just take 15% of it but rather take away 3% the first year, increase it to 6% the next year, 9% the third year, 12% the fourth year, and 15% the last year.

for example, 1,000,000 * .97 = 970,000

then take 970,000 and multiply by .94 to get 911,800.

Then, continue until you get to .85 to get:

620,644.024. Because you want to find how much you made, you put 1,620,644.024 and divide by the original amount 1,000,000 to get approximately 162.06%.

3 0

2 years ago