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In-s [12.5K]
4 years ago
6

Resource similarity and ____ are factors that determine the extent to which firms will be in direct competition with each other.

market commonality product differentiation customer autonomy resource quality
Business
1 answer:
trapecia [35]4 years ago
7 0
<span>Resource similarity and market commonality are factors that determine the extent to which firms will be in direct competition with each other. A market commonality refers to how many markets where a firm and a competitor are involved together. This will show the importance of the different markets and how they are related and important to one another. </span>
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A marketing researcher wants to estimate the mean amount spent (S) on Amazon.com by Amazon Prime member shoppers. Suppose a rand
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Answer:

The answer is below

Explanation:

a)

Given that mean (μ) = $1500, standard deviation (σ) = $200, sample size (n) = 100

confidence (C) = 95% = 0.95

α = 1 -  C = 1 - 0.95 = 0.05

α/2 = 0.05 / 2 = 0.025

The z score that corresponds with 0.475 (0.5 - 0.025) is 1.96. Therefore the margin of error (E) is:

E = z_\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } \\\\E=1.96*\frac{200}{\sqrt{100} } =39.2\\

The confidence interval = (μ ± E) = (1500 ± 39.2) = (1500 - 39.2, 1500 + 39.2) = (1460.8, 1539.2)

The confidence interval is between $1460.8 and $1539.2.

b) Given that mean (μ) = $1500, standard deviation for 100 samples =  σ /√n = $200,

confidence (C) = 95% = 0.95

E = z_\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } \\\\E=1.96*200=392\\

The confidence interval = (μ ± E) = (1500 ± 392) = (1500 - 392, 1500 + 392) = (1108, 1892)

The confidence interval is between $1108 and $1892.

4 0
3 years ago
The external competitiveness of an organization's pay relative to elsewhere in the industry is measured by its ________. Group o
Helga [31]

Answer:

B) incorporate the unique demands of different cultures

Explanation:

To be effective, an employee involvement program must ________.

A) rightsize the company by eliminating obsolete positions

B) incorporate the unique demands of different cultures

C) mandatorily establish work councils in the company

D) eliminate the influence of employees in managerial decision making

E) implement autocratic ways of handling its employees

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You have figured out the marginal cost and the marginal benefit of buying an extra smoothie. In 2-3 sentences, describe how you
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I think I must first get the marginal cost of the product before i bought if it is worth it to its value, Then i would compute for the marginal benefit to know what would i gain in this product. Lastly I would compare both the marginal cost and marginal percentage if the cost is lower than the benefit then the product is worth it to buy.
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4 years ago
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In the toyota production system, waste and inefficiency are referred to as
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In the Toyota Production System, waste and inefficiency are referred to as muda.
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3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
lorasvet [3.4K]

Answer:

Hi, your question is missing the selling price per unit, however important principles and calculations are explained below:

Variable Cost Product Costs = Only Variable Manufacturing Costs

Variable Cost Period Costs  = Fixed Manufacturing Costs + All Non Manufacturing Costs.

Product Cost per unit  = $47 + $44 + $ 6

                                     = $97.00

<u>Calculation of net operating income for the month under variable costing</u>

Sales ($pp × 6,500)                                                                             xxxxx

Less Costs of Sales

Opening Stock of Finished Goods 0                                   0

Add Cost of Goods Manufactured ($97.00×6,700)    $649,900

Less Closing Stock of Finished Goods ($97.00×200)  ($19,400) $630,500

Contribution                                                                                        xxxxx

Less Expenses

Fixed manufacturing overhead                                                      ($52,500 )

Fixed selling and administrative expenses                                    ($3,800)

Variable selling and administrative expense                               ($11×6,700)

Net Income/(Loss)                                                                              xxxxx

Explanation:

8 0
4 years ago
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