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Harlamova29_29 [7]
3 years ago
13

Category killers compete primarily on the basis of a. low prices and enormous product availability. b. enormous product selectio

n and sales expertise. c. convenient locations and customer services. d. rock-bottom prices and moderate selections. e. one-stop shopping and product availability.
Business
1 answer:
kumpel [21]3 years ago
7 0

Answer:

A. Low prices and enormous product availability.

Explanation:

This is a chain of retail stores or a retail outlet that sells different kinds of goods or products that in a way that seems cheap and affordable to consumers. They also look and facilitate quick form of buying and selling. Their main goal stands primarily on cheap, fast enormous sales of the product.

They possibly can create a compelling shopping experience. In a bid to do that, they need to compress instant gratification, unique assortments and a reasonable showroom experience that aids social lifestyles.

You might be interested in
Which is a primary activity in Porter’s value chain model?
Alexus [3.1K]

Answer:

D. outbound logistics

Explanation:

The rest are secondary activity in Porter's value chain model.

4 0
3 years ago
Suppose the economy is operating at an output level of $5,400 billion. Assume furthermore that potential output is $5,000. Which
olga2289 [7]

Answer:

The government should decrease spending by $100 billion.

Explanation:

The potential output level of an economy is $5,000 billion.  

The economy is operating at an output level of $5,400 billion.  

We see that there is an inflationary gap of $400 billion as the economy is operating at an output level of $400 billion more than the potential output level.  

The marginal propensity to consume is 0.75.  

ΔY = \frac{1}{1 - MPC}\ \times\ \Delta G

$400 billion = \frac{1}{1 - 0.75}\ \times\ \Delta G

ΔG = \frac{400}{4}

ΔG = $100 billion

4 0
3 years ago
Sandy Fiero works as the Chief Knowledge Officer for Bend Lumbar Company. She has been given the responsibility to create a prod
Umnica [9.8K]

Answer:

A.The primary value activity outbound logistics.

Explanation:

Outbound logistics is the process of delivering the products to customers. In this process companies need to have a good shipping and delivery system that ensure that  the customers receive the product in a timely manner and in good conditions. So, in this case when Sandy Fiero decides to create a service that offers free next day shipping on any order over $50, she is adding value to the outbound logistics.

5 0
3 years ago
If Sam's, a local watering hole, increased the price of a pint of Guinness by 20%, it estimates the number of MBA students purch
Leni [432]

Answer:

Total Revenues would increase because Demand is Inelastic

Explanation:

Demand is buyers ability & willingness to buy at a given price, time.

Elasticity of Demand is quantity demanded responsiveness to price change.

More Elastic Demand means quantity demanded responds highly to change in price. Percentage Change in Quantity Demanded > Percentage Change in Price. Elasticity of Demand [Δ%Q / Δ%P] >1 in this case. Price and Total Revenue (PxQ) are inversely related in this case ; i.e - price rise, TR fall & price fall, TR rise.

Less Elastic Demand means quantity demanded responds less to change in price. Percentage Change in Quantity Demanded < Percentage Change in Price. Elasticity of Demand [Δ%Q / Δ%P] < 1 in this case. Price and Total Revenue (PxQ) are positively related in this case ; i.e - price rise, TR rise & price fall, TR fall.

So: If Sam's Pint price change by 20% leads to demand fall by 4%, the demand is less elastic i.e < 1. Hence, Total Revenue will increase with increase in price.

6 0
3 years ago
Meg, who is on the lookout for a temporary security officer, approaches a security agency. The agency sends one of its reserve s
elena55 [62]

Answer:

The correct option is: B. Implied-in-fact contract

Explanation:

The implied-in-fact contract is a type of implied contract that contains obligations in the form of mutual agreement. Such an agreement is <u>not expressed or stated in the form of words.</u>

This type of contract is based on the understanding between the involved parties and are implied from the facts and circumstances that expresses the mutual intent of the parties to contract.

<u>Therefore, Meg has entered into an </u><u>implied-in-fact contract </u><u>with the security agency.</u>

8 0
3 years ago
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