Answer: False
Explanation:
Blue ocean strategy is the pursuit of
low cost and differentiation simultaneously to open a new market space, creating new demand and make competition irrelevant.
It is the about the creation and capture of market space, thereby making the competition irrelevant
Instead of attempting to out-compete ones competitors by offering lower costs or better feature, blue ocean strategy makes competition irrelevant.
Answer:
$57,400
Explanation:
The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:
= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour
= $35,000 + 7,000 direct labor hours × $3.20
= $35,000 + $22,400
= $57,400
All other information that is given in the question is ignored.
<span>This totally new product would be considered a question mark according to the BCG matrix. The reason for this is that no one truly knows how the product will perform in the marketplace. The only real data they have is the projected sales according to projected customer satisfaction surveys and think tanks.</span>
Answer:
D. To promote high standards of ethical norms and values
Explanation:
The American Marketing Association is an association of marketing professionals in the United States that work or study in the field and it allows them to connect with other people in the same industry and have access and discounts on special events and information. This association has the goal of maintaining high ethical standards and integrity among its members. According to this, the answer is that one of the goals of the American Marketing Association is to promote high standards of ethical norms and values.