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s2008m [1.1K]
3 years ago
12

Providing something to a target market that is unique and valuable beyond simply offering a lower price than that of the competi

tion is called ________.
Business
1 answer:
Scrat [10]3 years ago
7 0

Answer:

Product or service differentiation competitive advantage

Explanation:

Product or service differentiation is the procedure of distinguishing the service or the product from others in order to make the product or service more attractive for a specific target market.

And Product or service differentiation is a competitive advantage which is tactic of strategic positioning for an business or firm could undertake in order to set its services or products and the brands apart from those of the others.

So, offering the target market which is unique or different by offering lower price than the others or competitors are known as product or service differentiation competitive advantage.

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Mass production - to produce custom products in large quantities
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3 years ago
Nya started a new job and quickly adjusted to the work environment. Which soft skill does this demonstrate?
Ilia_Sergeevich [38]

Answer: Teamwork,

Communication

& Leadership are the anwsers.

Explanation:

3 0
3 years ago
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Tommy is 58-year-old and has operated his Roth IRA account for 7 years. He intends to retire at 60. Exactly six months ago, he w
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I did not understand very well but later I will give you the answer

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3 years ago
Hillside Manufacturing Company uses 2,000 units of bearings per year. The bearings are purchased from a supplier in Florida. The
Salsk061 [2.6K]

Answer:

2. holding cost is $2

3. EOQ = 500 units

4. Average inventory = 250units

5. total annual hoding cost = $500

6. number of orders is 4

7. total annual inventory = $1000

8. reorder point = 48

9. $2125

Explanation:

2. holding cost = 20% * $10

the holding cost is 20 percent of the purchase price for each unit

= 0.2*10

= $2.00

3. the EOQ

= 2*2000*$125/$2

= 250000

EOQ=\sqrt{250000}

= 500 units

4.average inventory = EOQ/2

= 500/2 = 250 units

5. total annual hoding cost = average inventory * holding cost

= 250*2

= $500

6. number of orders= 2000 units/EOQ

= 2000/500

= 4 0rders

7. total annual inventory cost = ordering cost annual + holding cost annual

ordering annual cost = 2000/500*125

= 500

total annual inventory cost = 500 + 500 = $1000

8. reorder point

wwe first calculate the daily demand; = 2000/250 = 8

ROP = 8*6 = 48

9. annual ordring = 2000/2000 * 125

= $125

annual holding  = 2000/2 * holding cost of $2

= $2000

total annual inventory = 125 + 2000

= $2125

5 0
3 years ago
Using the weighted average method, you are provided the following information: Beginning WIP 500 needing 50% yet to complete Uni
Anna11 [10]

Answer:

equivalent units for conversion 1,750

Explanation:

for processing cost under the weighted average method the equivalent untis arethe complete and trasnferred untis plus the work complete on the ending inventory of work in process:

beginning WIP  500

+ start and complete 1,000

total complete and trasnfered-out = 1,500

Then we work 500 units at 50% thus 250 equivalent untis

the total equivalent untis is 1,500 + 250 = 1,750

6 0
3 years ago
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