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3 years ago

According to Michael Porter, a firm practicing a niche strategy:

Business

1 answer:

Maslowich3 years ago

4 0

Answer:

b. Dominates a particular target market although its overall market share may be low.

Explanation:

A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.

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An internet company gives their old computer system to the computer science department at a local high school. How would GDP be

trapecia [35]

The Gdp would increase I believe

3 0

3 years ago

Pick an Agile Manifesto principle that you think is likely to have the biggest impact on the success or failure of a typical pro

satela [25.4K]

The correct answer to this open question is the following.

The Agile Manifesto principle that I am going to pick in the principle of "Embracing Change."

I think this is likely to have the biggest impact on the success or failure of a typical project in my organization because change is the constant in modern-day business. Probably, since the inception of the modern-day industry.

In order to be successful and maintain that success over the years -no matter the conditions- a company has to be ready not only to adapt to change but to change ahead of necessity. And this is one of the most difficult things to do in business because people love to be in a comfort zone for years. People in corporate America likes to know they are safe in their traditional places doing traditional things. For them, change is tough.

That is why I think "Embrace change" would be the principle that would help me the most.

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3 years ago

Daybook Inc. budgeted production of 403,500 personal journals in 20Y6. Paper is required to produce a journal. Assume six square

Phantasy [73]

Answer:

Direct Materials = $969,000

Direct Labor = $699,400

Factory overhead = $214,600

WIP = $2,200

Finished Goods = ($2,000)

Cost of Goods = $1,883,200

Explanation:

Direct Materials = $969,000

403,500 x 6 square yards = 2,421,000

2,421,000 + (40,400 - 38,900) = 2,422,500

2,422,500 x 0.40 per square yard = $969,000

Direct Labor = $699,400

403,500 personal journals

403,500 * 8 minutes = 3,228,000 minutes

3,228,000/60 minutes = 53,800

53,800 x $13.00 = $699,400

Prepare a cost of goods sold budget for Daybook Inc. using the information above

Direct Materials = $969,000

Direct Labor = $699,400

Factory overhead = $214,600

WIP ($16,500 - $14,300) = $2,200

Finished Goods ($28,000 - $30,000) = ($2,000)

Cost of Goods = $1,883,200

6 0

3 years ago

Brandon is an office manager with a college degree, five years of experience, and a track record of being rated excellent at his

Dafna11 [192]

Answer:

Brandon needs to compare his salary to other employees of the company, he needs to pay special attention if:

If the supervisors from other departments or units of the same company earn more than Brandon.
If his own staff members earn a salary that is very similar to Brandon's.
If his immediate superior earns a salary that is disproportionately higher than Brandon's.

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3 years ago

Why is it important to maintain network relationships, even after you have found a job?

blagie [28]

<span>It is important to still maintain network relationships even after you have found a job because it is useful in building career. In addition, should you decide to build your own business, your network will help you achieve success. Connection with people is the key in achieving your career and business goals. It is essential that you build and nurture it even after you are hired. </span>

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3 years ago

Read 2 more answers