Porter's value chain works by segmenting the activities of an organization into strategically important parts in marketing planning.
<h3>Porter's marketing plan</h3>
- An effective tool for strategic management is Porter's Value Chain. It functions by segmenting an organization's operations into strategically significant parts so you can have a more complete view of the cost drivers and sources of differentiation and then make the necessary adjustments.
- Porter's Value chains assist businesses in being more efficient so they can provide the most value for the least amount of money.
- A value chain's ultimate objective is to give a business a competitive edge by boosting productivity and controlling costs.
- A marketing strategy should contain, the organization's current standing, priorities, and course. It should include the position in reference to environmental forces outside the system and lastly a thorough evaluation of the possibilities, challenges, weaknesses, and strengths of your firm.
To learn more about Porter's Value Chain refer to:
brainly.com/question/14790406
#SPJ4
The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.
The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.
learn more about doubtful account visit brainly.com/question/28944789
#SPJ4
Answer:
9.411 %
Explanation:
COst of preferred stock can be calculated by dividing the dividend by the market price per share
DATA
Dividend rate = 8%
Par value = $100
Dividend = 8% x $100 = $8
Market price = $85
Solution
Cost of Preferred stock = Dividend / Market price
Cost of Preferred stock= 8% ×$100/$85
Cost of Preferred stock= 9.411 %
Answer:
D. A competitive market with a few dominant firms producing substitutes
Explanation:
E book market has<u> few dominant firms</u> - Amazon, Apple.
Their e - book selling digital services have uniquely different features from each other. They serve similar nature of good ie e books contests. So, the digital services rendered by firms are <u>substitute</u> of each other.
Providing substitute goods, firms <u>compete </u>with each other.
As per technical economic terminologies : this market structure is analogous to Oligopoly market structure.
Answer:
a. is often not in the best interest of society.
Explanation:
A monopoly is when there is a single firm operating in an industry. This is usually so because of high barriers to entry of other firms.
Because a monopoly has only one firm in the industry, the firm sets prices to maximise profit. The firm earns economic profit in the short and long run.
The monopoly benefits the producer more than consumers. It is often inefficient and fails to maximise total welfare .
Because of these inefficiencies, government usually steps in to regulate the activities of a monopoly.
I hope my answer helps you.
