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alukav5142 [94]
3 years ago
7

A grocery store chain recently rolled out a customer loyalty program that sends the customer a $5 coupon towards their next purc

hase for every $250 they spend at the store. This is an example of strategic use of bargaining power of suppliers True False
Business
1 answer:
svet-max [94.6K]3 years ago
8 0

Answer:

False

Explanation:

The bargaining power of suppliers (Term of Michael Porter) is a force that shapes the competitive structure of a market.

It represents the way of put pressure by raising the prices or lowering the quality or quantity of the product. This power makes the buyer profits decrease.

In your case, this is a policy set to the customer, and it is not increasing the price, decreasing quantity or lowering the quality.

It is more policy to induct loyalty from the customer to purchase again from the grocery store.

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Double-declining balance On January 1, 2021, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its
agasfer [191]

Answer:

$18,480

Explanation:

Cost of van = $51,000

Useful life = 5 years

Salvage value = $4,800

Using the straight line, Annual depreciation

= (51000 - 4800)/5

= $9,240

Using the Double-declining balance method,

Annual depreciation = 2 × 9,240

                                  = $18,480

3 0
3 years ago
Which of the following would be considered an abiotic factor in an ecosystem? ant, moss,stone, tree
tankabanditka [31]
Stone or tree 
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7 0
3 years ago
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Margie Company produces a single product and has provided the following data concerning its most recent month of operations: Sel
DiKsa [7]

Answer:

$225,400

Explanation:

The computation of total contribution margin under variable costing is shown below:-

Sales (4900 × $88)                             $431,200

Less:Variable cost  

Direct material (4900 ×  $12)              ($58,800)  

Direct labor (4900 × 23)                    ($112,700)  

Variable manufacturing overhead

(4900 ×  2)                                            ($9,800)  

Variable selling and administrative

expenses (4900 × $5)                         ($24,500)  

Total variable expenses                     ($205,800)

Contribution margin                           $225,400

Therefore the total contribution margin under variable costing is $225,400

6 0
3 years ago
At a price of $16, the quantity demanded of good X is ____________ than the quantity supplied of good X, and economists would us
yaroslaw [1]
I think it’s d maybe
8 0
3 years ago
Based on the marginal principle, would it make sense to for a business to expand their hours of operation if they project $1,500
krek1111 [17]

Answer:

Yes, because they will net $300 per week

Explanation:

According to the marginal principle, production can be increased if marginal revenue would exceed marginal cost. It means that the venture would be profitable

Marginal cost is the increase in cost as a result of increasing output by one unit.

total marginal cost = 1000 + 50 + 150 = 1200

Marginal revenue is the increase in revenue as a result of increasing output by one unit.

Marginal revenue exceeds marginal cost by (1500 - 1200) 300. Thus, hours of operation can be increased

6 0
2 years ago
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