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Aleonysh [2.5K]
3 years ago
11

Jordan's Ice Creams is strategically located near a university. After realizing that most of its customers, who are mostly stude

nts, prefer a wide range of flavors, it started offering different combinations of premium flavors, cones, and toppings to create hundreds of extravagant, customized products. Which generic strategy is Jordan pursuing?
a. Broad low-cost strategy.
b. Broad differentiationstrategy.
c. Focused low-coststrategy.
d. Focused differentiationstrategy.
e. Product substitutionstrategy
Business
2 answers:
olga2289 [7]3 years ago
7 0

Answer:

D) Focused differentiation strategy.

Explanation:

A focus differentiation strategy is meant to satisfy very different and specific needs of their customers. It is not just about making a different product that customers may like, it is about making very specific products that appeal to specific clients.

Jordan's Ice Cream is offering hundreds of customized products, each customized product appealing to a small number of clients. In this case, making unique ice cream combinations is not that expensive, but usually this type of strategy works well in very luxurious products.

Alex787 [66]3 years ago
6 0

Answer: b. Broad differentiation strategy

Explanation:

Broad differentiation strategy is an effective strategy applied by Industries to beat their competitors. It involves the introduction of products with unique attributes that customers want, introducing products and services that consumers see as preferred and admirable or different and superior to their competitors'. In this case Jordan's ice cream realize that most of their customers are students and they prefer varieties of flavours so they made various flavours available to them.

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Which of the following policies should a country implement in an economic downturn to avoid a Paradox of Thrift?
zalisa [80]

Answer:

B)  Implement policies to encourage greater consumption.

Explanation:

The Paradox of thrift says that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will, in turn, lower total saving due to that total saving may fall because of individuals' attempts to increase their saving, Therefore, to avoid the paradox of thrift policies to encourage consumption must be implemented.

5 0
3 years ago
Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Ea
Usimov [2.4K]

Answer:

$42

Explanation:

Data provided as per the requirement of contribution margin per hour of machine time is here below:-

Unit Contribution Margin = $21

Machine Time required by fancy lamp = 0.50 hours

The computation of contribution margin per hour of machine time is shown below:-

Contribution Margin Per Hour of machine time = Unit Contribution Margin ÷ Machine Time required by fancy lamp

= $21 ÷ 0.50 hours

= $42

Therefore for computing the contribution margin per hour of machine time we simply divide the unit contribution margin by machine time required by fancy lamb.

7 0
2 years ago
The required return on equity for an all-equity firm is 10.0 percent. They are considering a change in capital structure to a de
Sladkaya [172]

Answer:

The new cost of capital if this firm changes capital structure is 1.3

Explanation:

From the provided information:

All equity beta = 1

New D/E ratio = 0.5

Then, the new capital structure with levered beta is given by:

new capital structure  = All equity beta *(1 + D/E*(1 - tax rate))

                                     = 1*(1 + 0.5*(1 - 40%))

                                     = 1.3

Therefore, The new cost of capital if this firm changes capital structure is 1.3

5 0
3 years ago
"The ownership interest held by the lessor, which includes the right to receive the contract rent specified in the lease plus th
Ivahew [28]

Answer:

Leased Fee Interest

Explanation:

Leased Fee Interest refers to the right of the lessor to lease his property to a tenant and earn rental income in addition to the value of the asset which is reverted back to the lessor upon expiry i.e reversionary right.

The total of leased rental payments and reversionary value is termed as Leased Fee Interest.

A lease is a contract wherein one party i.e the lessor agrees to lend the asset to other party i.e the lessee in exchange of periodic payments in the form of lease rentals usually without transferring the ownership of the asset.  

5 0
3 years ago
Business head Brent wants to categorize items under the Challenge, Risk, and Reward headings for his IS implementation presentat
Savatey [412]

Answer:

Challenge

  • Quality Issues
  • Lack of Documentation

Risk

  • Loss of Confidentiality
  • System Unavailability

Reward

  • Increased Quality
  • Reduced Cycle

Explanation:

A challenge is something that test you and your business. The are temporary obstacles that you have to surpass in order to be successful.

Business Risk means the possibility of loss or any adverse condition that may severely damage the organization's ability to achieve its goals and objectives.  

Reward means a positive outcome that has happened because of productive decision making and effective management.  

7 0
3 years ago
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