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jonny [76]
3 years ago
13

Jove is a chocolate manufacturing company in Harrington City. While most of its competitors produce not more than three basic va

rieties of chocolates, Jove sells over 50 different varieties of flavored chocolates. This gives them an edge over other chocolate makers in Harrington City. Which of the following concepts is illustrated in the scenario?
a. Divestment
b. Market penetration
c. Sustainable competitive advantage
d. Diversification
Business
1 answer:
Lunna [17]3 years ago
6 0

Answer:

<em>c. Sustainable Competitive Advantage</em>

Explanation:

<em>Sustainable competitive advantages</em> are business assets,  characteristics, or capabilities that are hard to replicate or achieve ;  and provide a long-term superiority or favorable role over competitors.

Types of Sustainable Competitive Advantage include:

  • <em>Reduced cost provider / Fair pricing </em>
  • <em>Market or Pricing Power </em>
  • <em>Strategic assets </em>
  • <em>Excellent management / employees </em>
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<u>Explanation:</u>

Order qualifiers are the competing interests that a firm must prove to be a feasible opponent in the market field. An order qualifier is a quality of goods or assistance that is wanted for the goods/assistance to indeed be viewed by a client.

Order qualifiers are the ambitious criteria that create a firm's outcomes observed as access for marketing by purchasers. For a firm to remit order qualifiers, they have to be at least as great as their opponent. When a firm's thought of order winners and qualifiers rivals the customer's opinion of the equivalent, there endures a "fit" among the pair of panoramas.

Here only contractors that were licensed and bonded would be considered shows that the client is interest to a quality of assistance is wanted to paint.

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3 years ago
The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the divid
umka2103 [35]

Answer:

$26.05

Explanation:

according to the constant dividend growth model

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1.5 x (1.045^6) / 12 - 4.5 = $26.05

6 0
3 years ago
The cost-recovery method of recognizing profit for accounting purposes is permitted if a. collections in the year of sale do not
kramer

Answer:

Correct Answer:

c. there is no reasonable basis for estimating collectibility.

Explanation:

The cost recovery method of revenue recognition is a concept in accounting that refers to a method in which a business does not recognize income related to a sale until the cash collected exceeds the cost of the good or service sold. <em>When a situation present itself where there is no reasonable basis for estimating collectibility, it justifies the use of the cost recovery method of revenue and profit recognition.</em>

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agasfer [191]

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This strategy helps in having a better relationship with suppliers as well as earning a claim on their business which would go a long way in price negotiation.

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If the supply of loanable funds decreases and the demand for it increases at the same time, interest rates will increase. Interest rate is inversely proportional to the supply of money.  Smaller money supplies raise market interest rates. A larger money supply lowers market interest rates.

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