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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.

You might be interested in
Florissa's Flowers jointly produces three varieties of flowers in the same garden: tulips, lilies, and daisies. The flowers are
blondinia [14]

Answer:

Lily and Daisy

Explanation:

Joint product   Flowers per harvest   Proportion   Joint cost allocation

Tulip                              10                     20% (10/50)       $6 ($30*20%)

Lily                                20                     40% (20/50)      $12 ($30*40%)

Daisy                            20                     40% (20/50)      $12 ($30*40%)

Totals                           50                     100%                  $30

As per above results, both Lily and Daisy received the largest proportion of joint cost.

6 0
3 years ago
Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price
Yuki888 [10]

Answer:

Reduce and  more than 15 percent

Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

7 0
3 years ago
Teal Motors Inc., an automobile company, outsources the manufacturing of most of the automobile parts to several other companies
il63 [147K]

Answer:

The question is missing the below options:

A. loss of identity

B. loss of frequency

C. loss of facility

D. loss of focus

The correct option is D,loss of focus.

Explanation:

Loss of identity does not arise in this case, as Teal Motors Inc. is still responsible for coupling these parts into complete and brands it in own brand name.

Since it is not clear cut that Teal Motors Inc. has in-house facilities to produce the outsourced parts,letting the available production facilities rot away without being put to proper use does not arise.

The focus here is that the company specializes in the critical components that are most important in its automobiles and would prefer to outsource non-critical parts to others,hence a modular approach to manufacturing is favored.

6 0
3 years ago
Suppose a state lottery prize of $8 million is to be paid in 5 payments of $1,600,000 each at the end of each of the next 5 year
slavikrds [6]

Answer:

The answer is $5767641.92

Explanation:

PV of an Annuity = C x [ (1 – (1+i)-n) / i ]

PV of an Annuity = $1,600,000  x [ (1 – (1+0.12)-5) /0.12 ] = $5767641.92

The present value of the prize is $5767641.92

7 0
3 years ago
Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below.
Katarina [22]

The stock price is mathematically given as

P=$57.64

<h3>What is the stock price?</h3>

Generally, the equation for is Value after year  mathematically given as

V=\frac{(FCF for year 5*Growth rate)}{(WACC-Growth rate)}\\\\V = \frac{(55.4*1.05)}{(0.09-0.05)}

V= $1454.25

Hence, the current value is mathematically given as

I=Discounting factor equal to the future cash flows multiplied by their present value

I=\frac{-22.76}{1.09} + \frac{38.8}{1.09^2}+ \frac{43.4}{1.09^3}+\frac{52.3}{1.09^4}+\frac{55.4}{1.09^5}+\frac{1454.25}{1.09^5}

I=$1063.508769

current value for ordinary stock

I'=$1037.508769million

In conclusion, the stock price is

P=(1037.508769/18)

P=$57.64

Read more about the stock price

brainly.com/question/15021152

#SPJ1

5 0
2 years ago
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