Answer:
It suggests that they are not doing anything competitively different.
Explanation:
Network externalities if well harnessed should bring about an increase in end users satisfaction and value derived.
Multi housing costs, ordinarily, and when taken as a whole, should results to an overall minimization of the total costs. Economics of scales and other resources are centrally allocated here, and the effect should be a gain to the entity.
Level of differentiation across firm's offerings - products or services, signals the procedures an organization adopt to mark the uniqueness of their products or services. It shows how distant they are among the other varying sets.
Thus, from the case given, the four firms have the same share of the market - 25%. The implication is that as far as we are concerned, their level of activities and postures in the market is same and/or similar. This ultimately cuts across the network externalities, multi housing costs and the level of differentiation of firm's offerings. They are thus not competitively different.
To be responsive to local pressures, companies must option c. <u>differentiate</u> their offerings and strategies from country to country to reflect local consumer.
<h3>What is Local responsiveness to pressure?</h3>
The degree to which a corporation needs modify its goods and operating procedures to accommodate local requirements is known as local responsiveness. Four fundamental worldwide business strategies are produced by the two dimensions: export, standardization, multi domestic, and transnational.
In other words, local responsiveness refers to how much a company must alter its operations and/or products in order to accommodate those in different nations.
Hence a firm may not be able to fully benefit from location economies and experience curve because of pressures for local responsiveness. While there are advantages to such personalization, it also hinders a company's potential to realize large experience curve and geographic economies.
Learn more about Local responsiveness from;
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Answer: Top line=debits, bottom line=credits
part 4
2019
May 31
(Debits) Cost of Merchandise Sold 13,950
(Credits) Merchandise Inventory 13,950
May 31
Insurance Expense 12,000
Prepaid Insurance 12,000
May 31 (labels correct, dollar amount unknown)
Store Supplies Expense ??
Store Supplies ??
May 31
Depreciation Expense 14,000
Accumulated Depreciation
-Store Equipment 14,000
May 31
Sales Salaries Expense 7,000
Office Salaries Expense 6,600
Salaries Payable 13,600
May 31
Sales 60,000
Customer Refunds Payable 60,000
May 31
Estimated Returns Inventory 35,000
Cost of Merchandise Sold 35,000
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Mcmurtry Corporation sells a product for $110 per unit. The product's current sales are 12,200 units and its break-even sales are 10,614 units.
<u>The margin of safety is the number of units or amount of dollars that provide genuine profit to the company. It is the "margin" that gives room to try new strategies</u>.
It is calculated using the following formula:
Margin of safety ratio= (current sales level - break-even point)/current sales level
Margin of safety ratio= (12,200 - 10,614) / 12,200
Margin of safety ratio= 0.13=13%