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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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What is a multinational company
Dahasolnce [82]
A company that exists on different locations around the world I think.
5 0
3 years ago
Why does Joe's demand curve have a negative slope? Joe only has so much money; when other things get more expensive he must buy
AleksAgata [21]

Answer:

The answer is: He needs the price of coffee to go down to convince him to buy more.

Explanation:

A demand curve (almost) always has a negative slope. As a product gets more expensive, the amount of people willing to buy that product decreases. So if the product gets cheaper, the more people are willing to purchase it.

The opposite happens with the supply curve, as the price of a product increases, the more companies are willing to sell that product.  

7 0
3 years ago
Traditional career development programs of the past focused on helping an employee advance ________.
saveliy_v [14]
Traditional career development programs of the past focused on helping an employee advance <span>by holding a series of jobs in a single organization.</span>

3 0
4 years ago
In the past year at Carter’s Material Handling Equipment Manufacturing Company, eight employees experienced minor injuries (cuts
larisa86 [58]

Answer:

The performance problem to minor burns will be mainly psychological.

Explanation:

The staff involved will most likely exhibit a reduction in speed at which he or she executed the task which led to the burn.

If the personnel is in a chain of production where their own activity feeds others, it may translate to the increase in the time taken to achieve results.

One solution to this is to critically examine the production process and eliminate the cause of the accident if any.

If the cause of the incident was as a result of carelessness on the part of the staff, then he or she might have to be rescheduled to another department or unit where their current mindset will not stall the overall performance of the team/production line.

Cheers!

3 0
3 years ago
The employees of Neat Clothes work Monday through Friday. Every other Friday the company issues payroll checks totaling $37,000.
Allushta [10]

Answer:

June 30                   Dr.            Cr.

Salary Expense    $14,800

Salary Payable                     $14,800

Explanation:

Total Weekly Salary Expense = $37,000

Number of working days in week = 5 days

Salary expense per day = $37,000 / 5

Salary expense per day = $7,400

As 3 days lie in July and year end is June 30

Number of days Accrued = 5 - 3 = 2 days

Salary Expense Accrued = 2 x $7,400

Salary Expense Accrued = $14,800

3 0
3 years ago
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