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Sergeeva-Olga [200]
3 years ago
10

There are four main categories of strategies that managers may define to create and sustain a competitive advantage. Which of th

ese is an example of a business-level strategy? a. A CEO of a multidivisional company selecting a new customer market segment to pursue and establishing a new business unit to serve the segment b. A finance director developing a plan to improve the return on invested capital (ROIC) by negotiating more favorable payment terms with customers and vendors c. A general manager defining a superior customer service strategy for his division to better deliver its products d. A local grocery store buyer choosing to stock a local farmer's unique, sweet-and-spicy jellies
Business
1 answer:
mylen [45]3 years ago
7 0

Answer:

c. A general manager defining a superior customer service strategy for his division to better deliver its products.

Explanation:

Business Level Strategies focuses on satisfying the needs of customers and then aiming to earn more than the average return.

For any organization which aims to grow needs to know its customer properly, about the needs, demands, as it can only grow if the customer satisfaction is maximum.

In the given instance, the statement "c" focuses on specific customer strategy to ensure that the department or division in concern will deliver to customer the better version of services.

As this aims for maximum satisfaction for customer, this is the correct example of Business Level Strategies.

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OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run
DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

  • Communicate the OKR
  • Choose a tool used for OKR
  • Organize the Company's OKR
  • Set the company's OKR
  • Set every single OKR for teams, departments and Individuals
  • Make the changes in OKR if required
  • Approve the OKR
  • Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0
3 years ago
(05.01 MC) This quotation best supports which of the economic theories of John Maynard Keynes? A. Businesses and jobs rely most
tankabanditka [31]

Answer:

These two statements are correct:

A. Businesses and jobs rely most strongly on consumer demand.

B.Government regulation is necessary to stabilize the economy.

Explanation:

The first statement is correct because John Maynard Keynes that demand was the most important side of the economy, not supply. This is why his policies are sometimes referred to as "demand-side economics", while the policies of many of his detractors, such as Milton Friedman, are referred to as "supply-side economics".

The second statement is also correct because Keynes believed that a market economy was naturally subject to business cycles: cycles of boom and bust that could either benefit millions, or harm millions. Keynes thought that the government should regulate the economy in order to lessen the effect of those cycles.

5 0
3 years ago
Read 2 more answers
In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post entitled ?How to live on $36,000
Maksim231197 [3]

Answer:

$4,267,059

Explanation:

to determine the equivalent amount of money between 1924 and 2008, we must divide the 2008 CPI by the 1924 CPI, and then multiply by $36,000:

= (2015 / 17) x $36,000 = 118.53 x $36,000 = $4,267,059

The consumer price index measures the weighted price of basket of goods . It is useful for calculating inflation and comparing how the purchasing value of the US dollar has decreased in time. Basically what this shows us, is that $1 in 1924 would purchase the same amount of goods as $118.53 in 2008.

8 0
3 years ago
CalcuCo hired Effner & Associates to design a new computer-aided manufacturing facility. The new facility was designed to pr
andriy [413]

Answer:

$953 per unit

Explanation:

For computing the average cost per unit first we have to determine the operating capacity at 85% after that the total cost which is shown below:

Operating capacity at 85% is

= 300 computers × 85%

= 255 computers

Now the total cost is

= Variable cost + Fixed cost

where,

Variable cost is

= $660 × 255 computers

= $168,300

And, the fixed cost is $74,700

So, the total cost is

= $168,300 + $74,700

= $243,000

Now the average cost per unit is

= $243,000 ÷ 255 computers

= $953 per unit

6 0
3 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
3 years ago
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