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lana66690 [7]
3 years ago
14

Which of the following statements is NOT one of the differentiation strategy​ decisions? A. Modular design to aid product differ

entiation. B. Gather and communicate market research data. C. Use buffer stocks to ensure speedy supply. D. Minimize inventory to avoid product obsolescence.
Business
2 answers:
pogonyaev3 years ago
8 0

Answer: C. Use buffer stocks to ensure speedy supply.

Explanation: All options except the use of buffer stocks to ensure speedy supply are included in the differentiation strategy decisions. A differentiation strategy is one of the ways a business distinguishes itself from competition and is defined as the approach in development of new products that a firm employs in order to offer unique products that customers will find superior to others in the market. It is important because it allows businesses not just to distinguish themselves from competition, but to also emphasize the unique aspects that make its product superior, accelerating visibility and perceived expertise, that results in better growth and profitability.

Ne4ueva [31]3 years ago
6 0

Answer: Using buffer stocks to ensure speedy supply.

Explanation:

Differentiation is a strategy that is used to differentiate a good or service from other products that are similar which are offered by competitors. It is the development of a good or service, that is unique and stands out for the customers, in terms of features, product design, quality, brand image, or customer service.

Modular design to differentiate a product, collating market research data and minimizing inventory are all product differentiation strategies.

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The Delphi technique is a useful way to gather opinions from experts who
netineya [11]

Answer:

The answer is option B) The Delphi technique is a useful way to gather opinions from experts who desire anonymity.

Explanation:

The Delphi method seeks to collate opinions from a diverse set of experts, and it can be done without having to bring everyone together for a physical meeting.

Since the responses of the participants are anonymous, individual panelists don't have to worry about the consequences of their opinions.

Consensus takes time since opinions are carefully analyzed, making the method very effective.

It is an exclusive process used to arrive at a group opinion or decision by surveying a panel of experts.

Experts respond to several rounds of questionnaires, and the responses are aggregated and shared with the group after each round.

The experts can adjust their answer each round, based on how they interpret the group response provided to them to assess.

The ultimate result is meant to be a true consensus of what the group thinks whilst retaining the anonymity of the respondents.

5 0
3 years ago
Read 2 more answers
How do developed countries maintain an advantage over
maks197457 [2]
  • Developed countries work on their industrialization more than developing countries by maintaining their industries up to date by introducing all recent techniques that help in growth.
  • They work on their ca-pita and GDP more as compared to developing countries.
  • Increase their literacy rate.
  • Make their infrastructure more and more powerful and up to date.
  • Develop more revenue by introducing new techniques and creating labs on which they research the feasibility analysis of techniques they can improve.
  • Make their standards of living more high.
  • Utilize their resources effectively and efficiently.
  • Make their birth and death rate as low as possible.
6 0
3 years ago
Establishing the structure of a portfolio to meet specific financial goals is called:
photoshop1234 [79]

Answer:

A I believe

Explanation:

4 0
3 years ago
You are trying to convince a group of volunteers to show up at the library for their scheduled hours of work. Unfortunately, peo
Schach [20]

it was punishment for them

3 0
3 years ago
A company uses the weighted average method for inventory costing. At the start of a period the production department had 28,000
yaroslaw [1]

Answer: $4.38

Explanation:

Conversion costs are based on completed units so those units that are yet to be completed will be converted into equivalent units.

Units produced = Units completed and transferred out + equivalent WIP

= 169,000 + (26,000 * 79%)

= 169,000 + 20,540

= 189,540 units

Total Conversion costs = beginning conversion costs + conversion costs added during period

= 103,000 + 726,925

= $829,925‬

Conversion cost per equivalent share

= 829,925‬/189,540

= 4.3786

= $4.38

6 0
3 years ago
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