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Serga [27]
3 years ago
15

The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of invento

ry to dispatch its bags of wheat. Which of the following strategies does this scenario best illustrate?
A. corporate strategy
B. functional strategy
C. master strategy
D. business strategy
Business
1 answer:
Akimi4 [234]3 years ago
6 0

Answer:

Option B "functional strategy " is the correct option.

Explanation:

  • A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.
  • Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.

And therefore this strategy demonstrates best the specific situation.

You might be interested in
CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to
uysha [10]

Answer: Integrated marketing communications

Explanation: It is a system of brand messaging used by several organisations nowadays. In such a system all the branches of marketing such as advertising, promotions, public relations etc are molded together to increase the potential of the business.

In the given case CL inc. used both sales promotion and public relation for making their potential and existing customers more aware.

Hence, from the above we can conclude that Option C is correct.

5 0
4 years ago
The emphasis of a marketing strategy for a continuous innovation concentrates on
makkiz [27]
If this is the complete question,
The emphasis of a marketing strategy for a continuous innovation concentrates on
A. Advertising to generate awareness
B. Obtaining widespread distribution
C. Advertising product benefits and use
D. Setting the price low.

The answer is. The emphasis of a marketing strategy for a continuous innovation concentration is advertising to generate awareness of the product for the consumer. According to business dictionary, marketing strategy is defined as "an organization's strategy that combines all of its marketing goals into one comprehensive plan. A good marketing strategy should be drawn from market research and focus on the right product mix in order to achieve the maximum profit potential and sustain the business. The marketing strategy is the foundation of a marketing plan".
6 0
4 years ago
Delaney Company is considering replacing equipment that originally cost $600,000 and that has $420,000 accumulated depreciation
Annette [7]

Answer:

$180,000

Explanation:

A sunk cost refers to the cost that is incurred by the businesses but this cost cannot be recovered by the businesses.

Here, given that

Cost of equipment = $600,000

Accumulated depreciation = $420,000

Cost of new machine = $790,000

In this situation, the sunk cost is determined by subtracting the cost that are related to previous year from the cost of the equipment.

Sunk cost =  Cost of equipment - Accumulated depreciation

                 = $600,000 - $420,000

                 = $180,000

3 0
3 years ago
___ comes from increases in the money supply.
vagabundo [1.1K]

Answer:

Consumer Price Index (CPI)

Explanation:

1- By definition CPI is the weighted average of a consumer's basket volume for any purchase service or good. When money supply increases, GDP increases, and the spending of a customer increases. Hence resulted in increased CPI.

2- Interest rate decreases when money supply increases

3- Inflation is by definition a steady increase in the money supply if a country. So one can be replaced by another. Inflation does not come from money supply increase, it is in fact money supply increase

8 0
3 years ago
Read 2 more answers
Many investment advisors argue that after stocks have declined in value for 2 consecutive years, people should invest heavily be
Serhud [2]

Answer: Yes it does

Explanation:

The investment advisors say that the market rarely declines three years in a row.

Since 1872, it has declined two years in a row 8 times and three years in a row, only twice.

This means out of 8 times, it declined twice. Percentage of times it declined was:

= 2 / 8 * 100%

= 25%

25% while not rare, is a good enough percentage to trust the advice of the investment advisors.

6 0
3 years ago
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