The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.
<h3>What is positioning?</h3>
The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.
This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.
Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.
This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.
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Answer:
The correct answer is option A.
Explanation:
The marginal cost is the cost incurred in the production of an additional unit of output. In other words, it is the change in total cost due to a change in output.
The average total cost is the ratio of total cost and the quantity of output. It measures the average cost incurred in the production of each unit of output.
The average total cost curve is U shaped. The marginal cost curve intersects the average total cost curve at its minimum point. So when the marginal cost is greater than the ATC or average total cost is it implies that ATC is rising.
Answer:
Application security
Explanation:
Application security can be defined as the different measures that are taken to see that there are improvements in an applications security. To do this, we have to find, fix and prevent security vulnerabilities. Much of this is done when the app is still being developed. To prevent hackers from having unauthorized access to the application and also against any forms of modifications. Application security increases efficiency and makes the enterprise to be safer.
Answer:
$11.165 unfavorable
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 2,975
And, the standard direct labor hours equal to
= 250 units × 9
= 2,250
Now put these values to the above formula
So, the value would equal to
= (2,975 - 2,250) × $15.40
= $11.165 unfavorable
I think it's called a price ceiling. At least, that's what I think it is.