The greatest risk of a low-cost provider strategy is getting lost with overly high price reduction and ending up with lower profit.
<h3>Low-cost / low-price advantage </h3>
It results in high profit only if;
- (1) prices are reduced by less than the size of the cost advantage or
- (2) the added volume is large enough to bring in a bigger total profit despite lower margins per unit sold.
Therefore, the greatest risk is a low profit.
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Answer:
They were 10 friend
Explanation:
We can construct the equation system as follows:
we can solve for the number of friend by using subtritution:
we get a quadratic formula we solve for the positive root
f = 10
We know check if the root is correct:
800 / 10 = 80
800 / (10 - 2) = 100
In this print ad, the source of the advertising message: <u>is the Minnesota State Tourism Department</u>.
<u>Explanation</u>:
Advertising is an activity of producing advertisements to market the goods or services. Businesses involve in advertising to promote the products or services offered by them. Advertising helps people to know about the product and their uses.
Advertising helps in increasing the sales of the product or services. The middleman service can be removed efficiently and salesmanship can be supported. The consumers can be educated easily about the product.
In the above scenario, Minnesota State Tourism Department promotes Minnesota as vacation destination by advertising.
Explanation:
The 2 of the market trend which I am going to discuss is that.
1. Customer experience: Nowadays you need not go to customer, convince and make them to buy the product. Nowadays, people get huge information online and then they shop. So given customer experience is vital to be on road
2. Live platform: People's interest has been changed from time to time. Now its all the live platform where the people spend lot of time over the recorded video.
Answers for the questions asked:
1. The thing which people likes the most at present and it keeps changing.
2. A product will be sold, only if the people mass likes it.
3. Trend cannot be eliminated. It keeps changing.
4. Do things which are trendy.
Answer:
The Journal entry is as follows:
On June 1, 2022
Cash A/c Dr. $316,200
To Bonds payable A/c $310,000
To Premium on Bonds Payable A/c $6,200
(To record the sale of these bonds on June 1, 2022)
Workings:
cash = $310,000 × (102 ÷ 100)
= $310,000 × 1.02
= $316,200
Premium on Bonds Payable = $316,200 - $310,000
= $6,200
