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Naddik [55]
3 years ago
12

Which type of competitive strategy is characterized by convincing rivals not to enter a price war, protection from customer pres

sure to lower prices, and the ability to better withstand cost increases from suppliers?
a) cost leadership focus
b) overall low-cost leadership
c) differentiation
d) differentiation focus
Business
1 answer:
oee [108]3 years ago
3 0

Answer:

b) overall low-cost leadership

Explanation:

By Michael Porter, this is one of the <em>generic strategies</em>. This strategy implies that the company is dominating the market by securing a low-cost approach across all channels (supplier side, customers, rivals). This is generally achieved by low operating costs and by the factors listed out in the example itself (influencing rivals and suppliers). This type of strategy puts a company ahead of most of its competitors.

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BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries.
OleMash [197]

Answer: False

Explanation:

The statement that "BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries" is wrong.

It should be noted that both of them are in the mobility industry. The mobility industry refers to the industry which covers the broad range of the organisations which provide products and services thar are used to support domestic and international relocations and assignments.

7 0
3 years ago
Harold's caters to the clothing needs of men, manufacturing two different lines of fashion based on the purchasing power of its
Pavel [41]

Answer:

<u>Demographic</u>

Explanation:

Harry's caters to the clothing needs of men, manufacturing two different lines of fashion based on the purchasing power of its customer . One product line caters to the needs pf affluent , middle-aged men , and the other line targets younger , up -and - coming professionals . Harry's most likely segments the consumer market is based on<em><u> demographic variables.</u></em>

<em>The statistical data of the population of the people is known as demographics . Demographics contain age , gender , income etc.</em>

Demographic is important for the company as it help the company to tell about how to market and how to develop the brand. It helps in telling the behavior of the customer towards the product means whether the people liking the product or not liking the product . It is consider as the best way to reach to the people and know about their preference for the product.

8 0
3 years ago
Golf course owners put their sprinklers on a ________ schedule so that people can know when they can play on the course without
Law Incorporation [45]
<span>b. continuous i think!!!
</span>
3 0
3 years ago
Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholde
zimovet [89]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $24,000          (600 shares × $40)

    To Common Stock $600        (600 shares × $1)

    To  Additional Paid-in Capital in excess of par - Common Stock $23,400

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

2. Cash A/c Dr $4,400         (100 shares × $44)

    To Common Stock $100      (100 shares × $1)

    To  Additional Paid-in Capital in excess of par - Common Stock $4,300

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

6 0
3 years ago
You need $120,000 to start your business. You plan to invest $54,000 in the business and obtain financing from outside investors
bonufazy [111]

Answer:

45%

Explanation:

=

54/120

8 0
3 years ago
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