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Mumz [18]
3 years ago
5

Marlin Steel Wire Products is a manufacturer of commodity wire products out of Baltimore, MD. Marlin has many rivals based in Ch

ina and other emerging markets. The company cannot compete on labor costs so it used a ________ strategy to automate its production and now specializes in high-end products.
Business
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:

<em>Focus Strategy</em>

Explanation:

Focus Strategy <em>is a marketing strategy in which a business focuses its resources on entering or expanding into a narrow segment of the market or industry.</em>

Usually a focus strategy is used where the company knows its section and has products to meet its needs competitively.

Focus strategy is one of three strategies for generic marketing.

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George is a manager at InnoBLAST Inc., a web-based applications company. In an attempt to promote new ideas, George decides to a
Vinil7 [7]

Answer:

The correct answer is letter "E": preparation and incubation.

Explanation:

English professor Graham Wallas (1858-1932) proposed a model to explain the steps the human brain follows in the creative process. Those steps are <em>preparation, incubation, illumination, </em>and <em>verification</em>. In the preparation stage, individuals define a problem and its dimensions. In the next step, incubation, the problem is analyzed only internally for reflection.

8 0
3 years ago
A firm has a market value equal to its book value. Currently, the firm has excess cash of $900 and other assets of $5,100. Equit
Harrizon [31]

Answer:

$850

Explanation:

Price per share = $6,000 ÷1,000 = $6

Number of shares repurchased = $900 ÷$6 = $150

New number of shares outstanding = $1,000 - $150 = $850

Therefore $850 shares of stock will be outstanding after the stock repurchase is completed

8 0
3 years ago
An independent group wants to determine if the consumption of gasoline has increased due to changes in price. the group randomly
Aleksandr [31]
<span>The variable being studied is monthly gas consumption. This variable is often called the independent variable. This variable changes with average price of a gallon of gas. This variable would be considered the dependent variable.</span>
5 0
3 years ago
Identify two examples of suitable places Sarah could advertise vacancies
Anika [276]

Answer:

permanent roles, and contract roles.

8 0
3 years ago
A company wants to determine its reorder point (R). Demand is variable and they want to build a safety stock into R. The company
victus00 [196]

Answer: 27.28 units

Explanation:

From the question, we are told that a company wants to determine its reorder point (R) and that demand is variable and they want to build a safety stock into R. We have also been given the information that the company wants to have a service level of 95 percent and that average daily demand is 8, lead time is 3 days and the standard deviation of demand during lead time is 2.

It should be noted that a service level of 95% will have a desired z score of 1.64. To get the desired value of R, we multiply the average daily demand by the number of the days in lead time and then add to the multiplication between the standard deviation during the lead time and the desired z score. Mathematically, this will be expressed as:

= (8 × 3) + (2 × 1.64)

= 24 + 3.28

= 27.28

Therefore, the desired value of R = 27.28 units

8 0
3 years ago
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