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ratelena [41]
4 years ago
12

Serrano, a clothing and apparel company, suffered major losses when one of its warehouses was destroyed in a fire mishap. In an

attempt to make up for these losses, it had to sell one of its product lines to a rival company. Which of the following grand strategies was used by Serrano in this scenario?
a. The stability strategy
b. The growth strategy
c. The retrenchment strategy
d. The acquisition strategy
Business
1 answer:
andrey2020 [161]4 years ago
5 0

Answer:

C) The retrenchment strategy

Explanation:

A retrenchment strategy takes place when a company starts to lower costs by getting rid of some of its business units. Generally business units that aren't very profitable are sold to competitors, and this way the company can both lower costs and receive some fresh money. This should help the company become more financially stable. For example, General Motors has been selling or closing its unprofitable business units in Europe and Australia in an attempt to increase its net income.

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Your grandmother asks for your help in choosing a certificate of deposit​ (CD) from a bank with a​ one-year maturity and a fixed
CaHeK987 [17]

Answer:

1.97% and 2.01%

Explanation:

The computation of the effective annual rate is shown below:-

Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1

For CD 1

= (1 + 0.0195 ÷ 12)^12 - 1

= (1 + 0.001625 )^12 - 1

= (1.001625 )^12 - 1

= 1.97%

For CD 2

= (1 + 0.02 ÷ 2)^2 - 1

= (1 + 0.01 )^2 - 1

= (1.01)^2 - 1

= 2.01%

CD 2 will recommend to the grandmother

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4 years ago
Which of the following is true of the assumption of risks during delivery of goods?
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One of the true assumption of risks during delivery of goods is : The seller is liable for any damages incurred to the goods during shipment.

That's why most of the companies whose business including goods delivery always put an insurance for on board products, to prevent the company from any potential damage during the shipment<span />
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A project called the _____________ is digitizing some of the 7,000 human embryos lost in miscarriages, which have been kept by t
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"A particularly odd aspect of the Smoot-Hawley tariff-raising binge was that the United States was running a balance-of-payment
ANEK [815]

Answer:

The correct answer is

Explanation:

The Creditor is the natural or legal person who is paid for the purchase or use of a service that is not directly related to the activity carried out in the business.

That is to say, the purchase of the service is made since it must be necessary for the correct and habitual operation of the business.

7 0
3 years ago
Read 2 more answers
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