Answer:
The correct answer is A. Greater than the competition a member of a strategic group and companies outside that strategic group.
Explanation:
Companies that sell products or offer similar services to the same segment of the population are in a strategic group. For example, a haute cuisine restaurant and a fast food restaurant are both restaurants, but companies would be in different strategic groups, since they usually do not have the same customers. Similarly, a fashion boutique and a haute cuisine restaurant serve the same clientele, but they are in different strategic groups because companies offer different products. The examination of companies that operate within the same strategic group is called analysis of strategic groups.
This type of analysis is often discussed in conjunction with the market focus. In the market approach, the population of consumers is divided into market segments that share common characteristics such as education level, income, age and gender. Research companies study the general preferences of market segments and then use those preferences in gear products and services to specific market segments that are served by strategic groups.
<u>Given:</u>
Farmer's price = $1
Miller's price = $3
Baker's price = $6
<u>To find:</u>
The value added by the miller
<u>Solution:</u>
From the given, we can interpret that after purchasing from the farmer, the miller turns the wheat into flour by grinding and he sells the wheat flour to the baker.
This means that the miller added the cost of grinding with the purchasing cost. We can calculate the cost added by miller by subtracting the farmer's price from the miller's price that is 
Therefore, the value added by the miller is $2.
<span>Government interference in business can cause many problems. Government taxation policies Affect business cost. Four instance, A rise and corporate tax rate Have the same affect as a rising cost. And while companies will pass many of these cost onto their consumers, it will Still affect their bottom line. Also when government raises things such as the minimum wage, it affects how many people a business going higher and can lead to them having to lay off employees.</span>
Answer:
- employees
- independent contractors
Explanation:
Independent contractors are people that are hired to work for another person or company but not as employees and they must pay their own Social Security and Medicare taxes.
