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horrorfan [7]
3 years ago
5

BloomsJay Resorts Inc. has multiple tropical resorts in various locations. In a crowded market that caters to all kinds of consu

mers, this resort caters mainly to gays with guaranteed hassle-free holiday experience at a premium price.
What strategy is BloomsJay using to gain competitive advantage?

A. a low-cost provider strategy
B. a broad differentiation strategy
C. a focused low-cost strategy
D. a focused differentiation strategy
E. a best-cost provider strategy
Business
1 answer:
soldi70 [24.7K]3 years ago
5 0

Answer:

Correct option is (D)

Explanation:

Focused differentiation strategy aims at targeting a small customer base and offering products that cater to their needs. It focuses a niche market, hereby gaining competitive advantage. This strategy also enables organizations to charge premium prices for the products offered since they are not easily available with the competitors.

In this case, Blooms Jay resorts is catering to the needs of gays, a small community by providing them hassle free stay. Since, this is not offered by any other service provider in the market, there is high demand for their hotels and people would be willing to pay higher prices for the rooms.

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Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6
lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

7 0
3 years ago
A ceo believes that the company should try to keep the stock price high by manipulating the financial statements to protect its
spin [16.1K]

Answer: Rationalization

Explanation:

Here in this scenario, the element of fraud triangle that bis being discussed is the <em>rationalization</em>. Fraud triangle defines 3 factors which are mostly responsible and thus further tend to contribute to the increase in risk of a fraud. These are: Opportunity, Incentive, and Rationalization.  Rationalization is referred to as the individual’s reason and excuse for committing a fraud.

8 0
3 years ago
You expect to receive annual gifts of $1,000 at the end of Years 1 and 2 and $1,500 at the end of Years 3 and 4. What is the cor
andrezito [222]

Answer:

PV of annuities =$3,021.53

Explanation:

<em>The present value of the annuity would be as follows;</em>

First annuity of $1000:

PV = A × (1- (1+r)^(-n)/r

PV = Present Value , r- rate of return, n-number of years

PV = 1000× (1- (1.06)^(-2)

PV= $1,833.39

The second annuity

PV = 1,500 x (1-1.06^(-2)× 1.06^(-2)= 1,188.140

PV = $1,188.140

PV of the annuities    = $1,833.39 + $1,188.140 =$3,021.53

PV of annuities =$3,021.53

3 0
3 years ago
Shoe Biz allocates overhead based on machine hours. Selected data for the most recent year follow.
balu736 [363]

Answer:

A

Explanation:

is the answer I think because it is the nearest or I don't know because I am in kindergarten

6 0
3 years ago
Potential gdp in the u.s. will be unaffected by ____________________.group of answer choicestechnologythe amount of capital avai
Burka [1]

The potential GDP in the U.S. will be unaffected by the unemployment rate.

What is meant by potential GDP?

An estimation of the value of the output that the economy would have created if labor and capital had been engaged at their maximum sustainable rates—that is, rates consistent with steady growth and stable inflation—is known as potential GDP.

What is the unemployment rate?

The number of persons actively seeking work as a percentage of the labor force is used to calculate the unemployment rate in the United States. In July 2022, the US jobless rate dropped from 3.6% to 3.5%, the lowest level since February 2020, despite analysts' expectations that it would remain steady.

What causes a high unemployment rate?

Numerous factors, including those from the supply side—the worker—and the demand side—the employer—contribute to unemployment. High-interest rates, a worldwide recession, and a financial crisis could all have an impact on demand. Frictional unemployment and structural employment are major contributors on the supply side.

Learn more about potential GDP: brainly.com/question/15682765

#SPJ4

4 0
2 years ago
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