Strategy is a sustainable and dominant market share the set of actions a firm takes to achieve a competitive advantage.
<h3>What is Competitive advantage strategy?</h3>
Competitive advantage can be explained as factors that influence a company to produce goods or services and be able to stand out compare to her other company in that industry.
These advantages help the company to be able to produce and generate more sales compared to its market rivals.
Learn more about competitive advantage at:
brainly.com/question/9067127
#SPJ1
Answer:
Minimum selling price is $ 37
Explanation:
Computation of minimum selling price
Direct materials per unit $ 15
Direct labour per unit - existing $ 19
Additional for modification <u>$ 3</u>
Direct Labor per unit <u>$ 22</u>
Variable cost per unit $ 37
Since the Company has sufficient idle capacity to produce the additional order, no incremental fixed manufacturing capacity is considered.
The minimum selling price should be one which covers the variable costs ( modified for labor increase)
Answer:
Ethnocentric
Explanation:
Ethnocentric pricing strategy requires for the price of a specific merchandise to be similar all over the world. When this method is practised by an organization, it renounces some prospects to set higher prices in nations where an inferior pricing is required.
Answer:
Business processes
Explanation:
This includes time use efficiency between marketing and acquiring a prospective customer coupled with meeting speculated delivery time and management of sales information.
Answer:
32%
Explanation:
Since the question, it is mentioned that Mr. Seider owns 32% of the outstanding common stock of Greenfield Corporation. And, he also received the stock dividend of 10%.
But after the stock dividend, the ownership would remain the same i.e 32% because the dividend is based on the ownership criteria. As the dividend is distributed on the number of shares owned by the shareholder. So, the ownership would be 32% after the stock dividend
