Answer:
a) True
Explanation:
Cost leadership strategy strives to focus on reducing per unit cost of production and thus charging lower price of the product as compared to the competitors.
The strategy is followed when the product is identical and cannot be differentiated based on quality or brand name, consumers only focus on products which are priced cheapest.
Answer:
Price Skimming
Explanation:
Price skimming: It is a pricing strategy of a firm that allow firm to use higher price of a product initially, however, firm reduce the price over the period of time to gain more marketshare by penetrating the product into different segment, which are price sensetive segment. Higher price at the beginning help the firm to gain more profit to cover most of the cost as demand is high at the beginning due to brand value and buzz created by the firm before launching the product in the market.
In the given case, Prairie herb vinegar have sold the 16-ounce bottle at higher price than Heinz Vinegar, however, they are used in the same way, as Prairie Herb vinegar is new to the market, perceived to be of higher quality, and provides a unique flavor to foods, which is a example of price skimming.
The proce-dure for project crashing consists of the follow-ing five steps : -Prepare a CPM-type net-work diagram, -Deter-mine the cost per unit of time (assume days) to expedite each act-ivity, -Com-pute the critical path and -Short-en the critical path at the least cost.
<h3>What is project crashing?</h3>
Project crashing in project manage-ment is a method used to speed up a project's time-line by adding add-itional resources with-out changing the scope of the project.
Project crashing is a schedule com-pression technique. It's most often used when a project man-ager wants to speed up the process to ensure the comp-letion of a project on time or ahead of its original sche-dule with-out changing its scope.
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Answer:
Female - Xw+Xw
Male - Y Xw+
Explanation:
Given
Allele for red eye color (Xw+) is dominant over the allele for white eye color (Xw).
Offspring produced in a cross are
A) red-eyed females - Xw+Xw+
B) white-eyed females - XwXw
C) red-eyed males - YXw+
D) white-eyed males- YXw
Thus genotype of parents is
Female - Xw+Xw
Male - Y Xw+