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slamgirl [31]
3 years ago
14

Home Smart Inc. is a chain of supermarkets that sells its products at higher prices than its competitors. Yet, the supermarket c

hain has a large customer base due to its wide product portfolio and superior customer service. Which of the following generic business strategies has Home Smart adopted in this scenario? a. market penetration b. cost-leadership c. differentiation product d. diversification
Business
1 answer:
VikaD [51]3 years ago
8 0

Answer:

The answer is: C) Product differentiation

Explanation:

Marketing strategy that distinguishes the company´s products or services from the competition. Highlights the benefits of the company´s offerings while distinguishing them from the competition.

Home Smart offers higher quality customer service and a broader portfolio of products, even though they are more expensive.

A product differentiation strategy usually focuses on:

  • price: either by selling at the lowest possible price or selling at a high for exclusivity or luxury
  • performance and reliability: offer the best possible product and/or the most reliable product
  • location and service: focuses on community ties (being local companies) and offer high quality service

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In Year 1, the actual budget deficit was $150 billion and the cyclically adjusted deficit was $125 billion. In Year 2, the actua
olasank [31]

Answer:

b.fiscal policy became less expansionary

Explanation:

Because, the actual budget deficit (government spending less taxes and other) decreases the State decrease theri participation in the aconomy by the 20 millons difference.

This means their welfare programs, military, political, public works and other spending decreases. It could also mean the taxes were raised to make up for the deficit.

In both, the government policy contracts a little bit.

4 0
3 years ago
Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi
Alinara [238K]
The total revenue and the marginal revenue when he sells the 100th pound of apples is 
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So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
4 0
3 years ago
A three-person committee has to choose a winner for a national art prize. After some debate, there are three candidates still un
andre [41]

Explanation:

The preference committee members are as follows:

Member 1 prefers a to b and b to c

Member 2 prefers c to a and a to b

Member 3 prefers b to c and c to a

The order of this problem can be solved:

Preference for 1, 2 and 3 are as below:

1. a then b then c

2. c then a then b

3. b then c then

Member 1 knowing advantage , will always disagree with 2 and 3 so that he can win when it comes to vote

So, 2 and 3 in order to win , will have to cooperate with each other.

As we can see that the least suitable option according to Member 2 and Member 3 are b and a respectively. Therefore they would not consider supporting either b or a.

So the possible option of Member 2 and Member 3 supporting will be C.

Therefore both 2 and 3 will agree on C.

The predicted outcome of the game is C.

5 0
3 years ago
Costs that are NOT affected by the quantity of a product sold are _______ costs. Examples of these costs include rent, insurance
Dvinal [7]

Answer:

The correct answer is fixed costs.

Explanation:

Fixed costs are the cost that is spent on fixed inputs. They do not vary with the level of output. For instance insurance, rent, etc. They do not change with the change in the quantity of product, unlike variable costs.  

The variable costs are the cost incurred on variable inputs. They vary with the level of output produced.

6 0
3 years ago
Assume each month has 30 days and AmDent has a 60-day accounts receivable period. During the second calendar quarter of the year
AlladinOne [14]

Answer:

The correct answer is E

E. February, March and April

Explanation:

Payment for February will be received in April

Payment for March will be received in May

Payment for April will be received in June

the second quarter is April. May and June

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3 years ago
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