Answer:There will be increase in supply and decrease in demand
Explanation:
One of the Law of demand states that the lower the price the higher the quantity demanded and vice versa, while for supply it states that the higher the price the higher the quantity supplied and vice versa.
Since the value of US dollar is still high then the supply will be high in the market, but with the expectation of future fall, demand will be low because buyers are waiting for drop in value. There will be excess supply and lower demand.
Answer:
<u>Focused-differentiation.</u>
Explanation:
A focused differentiation strategy is a strategy used by organizations to reach a group of customers through the marketing of differentiated products and services that provide added benefits to the consumer.
This strategy is characterized by the combination of the business strategies developed by <em>Porter</em>, which are:
- Cost leadership
- Differentiation and
- Focus.
The greatest benefits added to this strategy are the increase in consumer loyalty, since offering targeted and differentiated services guarantees the improvement of service, quality and increase of the company's reputation.
There is also the possibility of increasing profits, due to the sale of differentiated and exclusive products, which may have a higher purchase and sale value.
The potential benefit of innovation is the improved quality (attributes) of existing products. The correct option is A.
<h3>What is innovation?</h3>
Innovation is introducing new things and ideas.
The advantages of innovation are:
- High relative advantage
- Trialability
- observability
- Compatibility
- Low complexity
Thus, the correct option is A, improved quality (attributes) of existing products.
Learn more about innovation
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Answer:
Which product would result in the highest contribution margin - Product Beta
Explanation:
Here is a situation where production is limited by a particular resource - Labor Hours.
To determine which product to manufacture, Sam has to rank the Contribution per unit of the limiting factor - labor of Product Alpha and Product Beta
Contribution per limiting factor are already calculated as:
Product Alpha - $750 per unit of limited resource
Product Beta - $975 per unit of limited resource
The Product with Highest Contribution per limiting factor results in highest contribution margin and must be worked on first
Answer:
$46,525
Explanation:
Formula for ending retained earnings is as follows;
<em>Ending retained earnings = Beginning retained earnings + Net income - cash dividend</em>
Beg. RE = 44,800
Net income = 7,800
Cash dividends = 6,075
Plug in the values to the above formula;
Ending retained earnings = 44,800 + 7,800 - 6.075
Ending RE balance would be = $46,525