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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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Answer:

36%

Explanation:

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Step 1

Earnings before tax = EBIT - Interest

= $452,000 - $152,000

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Step 2

Earnings after interest and taxes = Earnings before tax - Tax

= $300,000 - ($300,000 × 40%)

= $300,000 - $120,000

= $180,000

Step 3

Asset turnover ratio = Total revenue ÷ Total assets

3.6 = $4,000,000 ÷ Total assets

Total assets = $1,111,111.11

Step 4

Equity ratio = 1 - Debt ratio

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Step 5

Total Equity = Equity ratio × Total assets

= 0.45 × $1,111,111.11

= $500,000

and finally

Return on Equity = Net income ÷ Equity

= $180,000 ÷ $500,000

= 0.36

or

= 36%

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Answer:

Make; $72,000

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Make ($106*8000)                         848,000

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