Answer:
The correct answer is B) whether it is easy or inexpensive for rivals to copy the low-cost leader's methods or otherwise match its low costs.
Explanation:
A cost advantage is where a business is able to produce its output at a lower cost compared to its competitors. It can result due to different factors such as superior technology, more effective processes, and lower resource costs.
The value of a leader's cost advantage depends on how easily the rival businesses can copy its methods to reduce their own costs. If the rival businesses can easily copy these methods, then their own costs shall also reduce and the leader's cost advantage shall cease to exist.
If, however, the methods cannot easily be adopted by other businesses, then the leader's cost advantage remains effective and highly valuable. This corresponds to option B.
Answer:
Quantity
Explanation:
A quantity discount is a dicount that occurs or that is put in place when a least certain amount of goods is ordered or purchased.
Like the question, there is a 15% discount for at least a dozen orders of Mandarin bird feeders. If the order exceeds a dozen peices, say 13 or 14 or 50 or even a 100 pieces, the discount of 15% comes into play during payment for those feeders.
Cheers.
Answer:
The break even point of a company shows how much of your goods or services you need to sell in order to cover all of your costs. It will then give you an idea of how much you need to sell in order to become profitable.
Explanation:
Answer:
the screening criteria matches the job requirements
Answer:
The correct answer is housing.
Explanation:
A family spends 35 percent of its income on housing, 20 percent on travel-related expenses, 10 percent on utilities, 25 percent on health care, and 5 percent on miscellaneous items.
The item which has the largest share in the budget will be most responsive to change in the price. In other words, we can say that the item that has the largest share in the budget will be most price elastic.
This is because a change in the price of such a product will cause a significant impact on the consumer's budget.
Here, housing has the highest share i.e. 35% in the budget so it will be most price elastic.
