1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inessss [21]
3 years ago
15

Contour Autos competes against the global leaders in the automobile industry by developing and selling acceptable quality vehicl

es at a lower price. This has been possible due to the company's large-scale production that reduces its manufacturing expenses. Which of the following generic business strategies is Contour Autos applying in this scenario?a. differentiation strategyb. product diversification strategyc. cost-leadership strategyd. liquidation strategy
Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

c. cost-leadership strategy

Explanation:

Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.

This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.

The Company tends to lead in the market through lower cost of goods supplied with the same quality.

You might be interested in
A firm has net income of $197,400, a return on assets of 8.4 percent, and a debt-equity ratio of .72. What is the return on equi
Karolina [17]

Answer:

C 14.45

Explanation:

Return on equity = .084 ×(1 + .72) = .1445, or 14.45 percent

8 0
3 years ago
he results for the variable gender show that ______. Multiple Choice gender and months of service are correlated females average
marusya05 [52]

Answer:

The correct option is:  Males average $222.78 more than females in monthly salary ,

Explanation:

The results for the variable gender show that Males average $222.78 more than females in monthly salary  because the coefficient for gender is 222.78 and male is coded as gender = 1. Therefore, male's average salary is $222.78 more than female's average salary.

7 0
3 years ago
In the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price leve
timofeeve [1]

Answer:

1.  Rise

2.  Increasing

3.  Rise

Explanation:

For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100. If the actual price level turns out to be 110, the firm's output prices will RISE, and the wages the firm pays its workers will remain fixed at the contracted level. The firm will respond to the unexpected increase in the price level by INCREASING the quantity of output it supplies. If many firms face similarly rigid wage contracts, the unexpected increase in the price level causes the quantity of output supplied to RISE above the natural level of output in the short run.

The above explanation is the reason why the aggregate supply curve slopes upward in the short run

5 0
3 years ago
Cost of Producing Guitars Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series guitar
diamong [38]

Answer:

The total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

Explanation:

Given,

C '(x) = 0.008x + 90 ................................... (1)

To obtain the the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month, we obtain the integral of equation (1) as follows:

C(x)=\int\limits {C'(x)} \, dx = \int\limits {[0.008x + 90]} \, dx

C(x) = (0.008 / 2) x^2 + 90x + F

C(x) = 0.004x^2 + 90x + F .......................... (2)

Where F is the constant.

Since total cost is the addition of the total cost and total variable cost, the F in equation (2) represents the total fixed cost per month.

Since the fixed costs incurred by Carlota are $8500/month, this implies that F = 8,500.

Substituting F = 8,500 into equation (2), we have:

C(x) = 0.004x^2 + 90x + 8,500 <-------------- Total cost per month

Therefore, the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

7 0
3 years ago
Suppose the civilian non-institutional population equals 250,000; there are 132,500 employed persons and 10,000 unemployed perso
mr Goodwill [35]

Answer:

107,500

Explanation:

The civilian non-institutional population can be divided into two groups;

1)Individuals in the labor force

11) Those not in the labor force

Those in the labor force will include the employed and the unemployed.

In the scenario, those in the labor force will be 132,500 employed persons and 10,000 unemployed persons.

I.e., 132,500 + 10,000 = $42,500

Those not in the labor force will be the population - those in the labor force.

I.e., 250,000-142,500= 107,500

Those not in the labor force will be 107,500

6 0
3 years ago
Other questions:
  • There are eight parts of the planning phase of an audit. which parts involve the evaluation of​ risk? ​
    9·1 answer
  • What four factors help marketers describe a target market?
    9·1 answer
  • As an advertising manager of a company, you have been asked to write out a proposal stating why the company should advertise and
    11·1 answer
  • Every tangible product is made up of what
    6·1 answer
  • Crane Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial info
    6·1 answer
  • Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
    8·1 answer
  • This chapter discusses many types of costs: opportunity cost, explicit costs, fixed cost, variable cost, average fixed cost, and
    5·1 answer
  • Email communication: A. is characterized by low control. B. is characterized by little coordination. C. is a rich communication
    10·1 answer
  • Frank is considering a new job. However he is concerned about his pension fund. He knows that ________ which is the requirement
    5·1 answer
  • A differentiator is least likely to be threatened by increases in input prices due to powerful suppliers when the?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!