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larisa [96]
3 years ago
7

True or False? With a product differentiation strategy a company can either actually change the product or just position it diff

erently by advertising.
Business
2 answers:
Rzqust [24]3 years ago
4 0

Answer: True

Explanation: Product Differentiation strategy simply a method a business uses to distinguish itself from the competition.

Differentiation Strategy is defined as an approach a business takes to develop a unique product or service that would wow customers, thus making them find it better than whatever other business offer. A business can either initiate or innovate new products and services, improve on the existing one, repackage an existing products and do anything to make what they distinctive from products or services offered by competitors.

frozen [14]3 years ago
4 0

Answer: True

Explanation: A company's application of the product differentiation strategy enables it to distinguish its products or services from that of competitors. This proffers it competitive advantages and building brand awareness.

A successful product differentiation involves identifying and communicating the unique qualities of a company's products in other to focus consumers' attention while highlighting the peculiar differences between those products and others on the market. By doing so they can actually change the product or just position it differently by the use of advertisements.

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Using ABC in a service company
Ilia_Sergeevich [38]

Answer:

Blanchette Plant Service

ABC Costing Technique:

1. Total cost of the Kerry job:

Plants =            $750

Direct labor =  1,300

Total cost = $2,050

2. Determination of operating income or loss (Kerry's job):

Service Revenue =   $3,540

less cost of service    2,050

Operating income = $1,490

3. With desired operating income of 30% of cost:

Operating income = $615 ($2,050 x 30%)

The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)

Explanation:

Operating income or loss is the difference between revenue and costs of providing the services or goods.  When the revenue exceeds the operating cost, the difference is an operating income.  When the revenue is exceeded by the operating cost, the difference is an operating loss.  While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.

6 0
4 years ago
What is the price of a European put on a non-dividend-paying stock when the stock price is $79, the strike price is $77, the con
Orlov [11]

Answer:

The price of an European Put Option = $4.03

Explanation:

Hi, you have to use a formula for the evaluation of an European put option on an underlying, which does not pay dividends. This equation follows the Black & Scholes-Merton model.

This is the model for a put option

p(s,t)=-SN(-d1)+Ke^{-rt}N(-d2)

N(-d1) is the cumulative normal distribution function, calculated as follows.

d1 =\frac{Ln(S/K)+(r+\frac{sigma^{2}}{2})t  }{sigma\sqrt{t} }

for N(-d2) yoou have to make the following calculation

d2=d1-sigma\sqrt{t}

where:

K = Opcion strike price

N = Standard normal cumulative distribution function

r = Risk Free interest rate

σ = Volatility of the underlying

S = Price of the underlying

t = Time to option´s expiry

Here are the result of all the above calculations

S= $79.00    

K= $77.00    

r = 6% annual  

sigma =25% annnual  

t = 0.67  years (That is 8/12 to turn months into years )

d1 = 0.42  

d2 = 0.22  

N(-d1) = 0.335913098

N(-d2) = 0.41312295

e^(-rt) = 0.960789439

 

p(s,t)= - 79(0.3359...) + 77(0.9607...)(0.413122...) = $4.03

Notice the excel spreadsheet attached.

best of luck .

Download xlsx
5 0
3 years ago
Jodi owns a business that designs and creates lingerie. In an effort to get her product into as many stores as possible, jodi ha
Anna007 [38]

Jodi is not adequately managing the financial aspects of her business.

By being too lenient with the days credit, she is effectively damaging her business' cash flow.

3 0
3 years ago
Read 2 more answers
In two to three sentences, explain why a small amount of inflation encourages economic growth. will give brainliest
mylen [45]

Answer:

A small amount of inflation can be really good for the economy. It can boost consumer demand and consumption. This encourages spending and investing.

4 0
3 years ago
URGENT PLEASE HELP ILL GIVE BRAINLIEST TO FIRST ANSWER find how much you need to deposit each year to have $10,000 in 5 years at
rjkz [21]
Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
Then I can better help answer your question.
3 0
3 years ago
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