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marysya [2.9K]
3 years ago
5

A company's strategy is unlikely to succeed unless:

Business
1 answer:
Montano1993 [528]3 years ago
8 0

Answer:

d.both answers 1 and 3 occur.

That is

a.the company has competencies and capabilities to efficiently sustain its competitive differentiation.

c.the company's competitive advantage grows out of the entire system of activities working together.

Explanation:

In a perfectly competitive market firms have similar products and so they must compete with each other to get market share.

Gaining a competitive advantage is key in surviving within the market.

Differentiation of its products is the first step to success. When a firm's product is differentiated from others it will gain more customer loyalty as the end user identies the product with a particular trait for example high quality.

When the companie's activities are well synchronised the company achieves efficiency which is a competitive advantage of higher output than other firms.

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A current trend in management is to include ______ in the strategic planning process. Group of answer choices customers and supp
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Answer:

A current trend in management is to include customers and suppliers  in the strategic planning process.

Explanation:

The process of involving the customers is called co-creation and is a popular business practice nowadays. E.G. The use of social media for naming the most recent album of a band.

4 0
3 years ago
Stocks with higher than average potential to increase in value are referred to as
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Bonds because bonds are fixed return that means if they say you're getting 3% return you are getting that not less than or greater than

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Flint Suppliers reported cost of goods sold for 2017 of $880,000 and retained earnings of $1,230,000 at December 31, 2017. Flint
Sonbull [250]

Answer:

corrected amounts  cost of goods sold = $916500

corrected amounts Retained Earnings = $1159000

Explanation:

given data

cost of goods sold = $880,000

retained earnings = $1,230,000

ending inventories 2016 = $34,500

ending inventories 2017  = $71,000

to find out

corrected amounts  cost of goods sold and retained earnings

solution

we get here first corrected amounts for 2017 cost of goods sold  will be here as

corrected amounts  cost of goods sold = cost of goods sold - ending inventories 2016 + ending inventories 2017   .........1

corrected amounts  cost of goods sold = $880,000 - $34,500 + $71,000

corrected amounts  cost of goods sold = $916500

and now we get corrected amounts Retained Earnings that will be as

corrected amounts Retained Earnings = retained earnings - ending inventories 2017

corrected amounts Retained Earnings = $1,230,000 - $71,000

corrected amounts Retained Earnings = $1159000

8 0
2 years ago
[5] According to the FASB’s conceptual framework, which of the following best describes the distinction between expenses and los
PIT_PIT [208]

Answer:

D. Losses result from peripheral or incidental transactions, and expenses result from ongoing major or central operations of the entity

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The expenses represent the cash outlow or liabilities taken to carry out the activities to continue his operations.

While the Gains and Losses are incidental transactions or other events which are not controlled by the entity management. They aren't the outcome of the company's decisions. Thus, they could arise from changes in price of real state, equipment, tecnology breakthrough which means equipment obsolete and so on.

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3 years ago
How is the law of increasing costs similar to the concept of decision making at the margin?
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