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 manager checked production records and found that a worker produced 160 units while working 40 hours. In the previous week, th
Murrr4er [49]

Answer:

(A) Current period productivity= 4 units/hr

Previous period productivity= 3.833units/hr

(B) increase in productivity by 4.356 percent

Explanation:

A manager checkedthe rate of production and found out that a worker produced 160 units while working for 40 hours

In the previous week the same worker produced 138 units while working for 36 hours

(A) The current period productivity can be calculated as follows

= 160 units/40 hours

= 4 units/hr

The previous period productivity can be calculated as follows

= 138 units / 36 hours

= 3.833 units/hr

(B) The productivity growth can be calculated as follows

= current period productivity - previous period productivity / previous period productivity

= 4-3.833/3.833

= 0.167/3.833

= 0.04356 × 100

= 4.356 percent

Hence there was an increase in workers productivity by 4.356 percent

5 0
3 years ago
Is the loss in efficiency due to market power large or​ small? explain. the loss in efficiency due to market power is?
saul85 [17]

Answer:

Small

Explanation:

Competition limits the market power, even when the market is not perfectly comparative.

Market power refers to a company's relative ability to manipulate the price of an item in the marketplace by manipulating the level of supply demand or both.

A company with substantial market power has the ability to manipulate the market price and thereby control its profit margin, and possibly the ability to increase obstacle to potential new entrants into the market.

5 0
3 years ago
An educational institution that sells shares to investors to make money
rodikova [14]

Incomplete question. Hence, In answered from a general economic perspective.

Answer:

<u>is having an IPO</u>

Explanation:

Of course, an IPO (Initial Public Offering) is one method that can be used to make/raise money by a business. Usually, the institution places its shares of stocks open for sale to investors.

Therefore, we can infer from the above statement that the educational institution was formerly privately owned, but since it started to sell its shares to investors so as to make money, it is having an IPO.

7 0
3 years ago
suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1912. it
Nat2105 [25]

The investments today’s worth is $203001.61.

We have to calculate the future value of the investments. So we can use the formula,

A=P (1+r/100)ⁿ

Where, A stands for future value, P stands for Present value, R stands for Interest rate, n stands for Time period.

Interest rate (r) = 5%= 0.05 and Time period is from 1912 to 2020 so, it is equals to 108 years. (2020-1912year)

On putting the values in the above formula we get,

A = 1000× (1+ 5/100)^108

=1000*203.001612

=$203001.61

The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). The future value calculation enables investors to forecast, with varying degrees of accuracy, the amount of profit that can be generated by various investments.

Investors and financial planners use the future value to estimate how much an investment made today will be worth in the future. The future value equation is used to assess various possibilities since the growth produced by holding a given amount in cash will probably differ from that produced by investing that same amount in equities.

To learn more about future value, refer this link.

brainly.com/question/24703884

#SPJ4

5 0
1 year ago
Sanborn Company has 10 employees, who earn a total of $3,300 in salaries each working day. They are paid on Monday for the five-
Alika [10]

Answer:

The correct option is A,debit salaries expense $9,900.00 and credit salaries payable $9,900.00

Explanation:

As at 31st December, which was a Wednesday, the company would have incurred salaries for three days i.e Monday-Wednesday.

If each day costs $3,300.00 in salaries ,hence three days would cost $9.900.00(3*$3,300.00) in total.

Since amount of salaries owed is $9,900.00, an entry  has to passed in salaries payable account to show that the business has an obligation of $9,900.00 to settle by crediting salaries payable account and the corresponding debit  entry would be in salaries expense account in order to recognize costs.

5 0
3 years ago
Other questions:
  • Transmissions are delivered to the fabrication line five at a time. It takes two hours for transmissions to be delivered. Approx
    5·1 answer
  • Find the accumulated value of an investment of $ 20 comma 000 for 5 years at an interest rate of 6.5 % if the money is a. compou
    5·2 answers
  • Norbert works in a beauty salon. he receives a 50% employee discount for salon services. in 2016, he used his discount to buy $1
    7·1 answer
  • The idea that individuals and organizations are accountable to a larger society is known as:_________
    12·1 answer
  • Jessie is watching television and sees an advertisement for a computer. The ad provided detailed information about the computer
    10·1 answer
  • Analyze the effectiveness of Postbellum policies by explaining if Reconstruction succeeded or failed in the areas of Economics –
    13·1 answer
  • A. State and describe the concept that leads to "conflict of goals between a firm's managers and its shareholders. Give a modern
    8·1 answer
  • Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 100,000 shares of stoc
    11·1 answer
  • In the past, the study of finance has included Multiple Choice bankruptcy. raising capital. All of the options mergers and acqui
    13·1 answer
  • Barlow Company manufactures three products: A. B, and C. The selling price, variable costs, and contribution margin for one unit
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!