Answer:
d. price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.
Explanation:
Michael Porter specified 4 generic strategies for gaining competitive advantage, which are namely,
1. Cost Focus
2. Differentiation Focus
3. Cost Leadership
4. Differentiation
Cost leadership refers to charging lowest price and attaining cost advantage in the industry.
Differentiation refers to designing products with unique attributes.
Striving to be low cost provider would be most attractive when the buyers have low switching costs i.e it is easier and cheap to switch between products and wherein buyers are large and exercise considerable bargaining power.
Thus, the correct option is (d). price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.
<span>You have 20 days to file a motion to request a hearing for a violation of the TABC. If the motion is denied, the permitee then has 30 days to file an appeal. The District Court then has 10 days to set the date for the hearing for the appeal.</span>
Answer: D. Todd should include the $500 in 2015 gross income in accordance with the tax benefit rule.
Explanation:
It should be noted that due to the fact that Todd is a cash basis taxpayer, he'll be able to deduct the one-year prepayment for insurance in the year that it was paid, 2014.
In this case, he deducted $1,200, then his net cost will be ($1200 - $500) = $700. In this case, Todd should then include the $500 refund in gross income for 2015 under the tax benefit rule.
Answer:
The correct answer would be Specialized Executive Search Firms.
Explanation:
When companies hire employees, they usually use the conventional methods of recruitment, like giving ads in newspapers or pasting ad on a social job site, etc. But when employees for the important management positions are required to hire, companies often use Specialized Executive Search Firms. These are the recruitment firms which takes the demands of the employer and search for the best of the best candidates to be interviewed by the employers. Such firms have fine data about the best candidates in their databases which updates regularly. Also, after selecting the candidates, they first take initial interviews of the potential employees themselves and then route them to the employer.
Answer:
the break-even quantity is 18 students
Explanation:
Break Even point is when a firm neither makes a profit nor a loss
Break Even = Fixed Costs/Contribution per Unit
= $4800/($300-$30)
= 17.77777778
= 18 students
Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.
