Answer:
focused-differentiation
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question The Platinum Platform is utilizing a focused-differentiation strategy. This is a strategy that focuses on offering specific products that make the customer believe that the product is vastly superior to it's competitors even though prices are higher. This allows them to gain a competitive advantage in the market. Which is what Platinum Platform is doing by offering it's unique high quality bedding.
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A process Of maximizing benefits Or minimizing costs.
Answer:
Uh, demand is wanting a thing and quantity demand is wanting more of that thing?
Explanation:
Answer:
Lewis CPAs:
service revenue: 60,000
Salaries expense: (40,000)
Net Income 20,000
Casual Clothing:
sales revenue 60,000
cost of goods sold: (32,000)
Gross Profit 28,000
operating expense (7,200)
Net Income 20,800
Explanation:
The net income is the difference between the revenues and expenses.
For Casual Clothing we also need to calcualte the gross profit which is, the difference between the sales revenue and the cost of the good sold.
After that, we subtract the other operating expense to arrive the net income
Answer:
lump sum= 19,925
Explanation:
Giving the following information:
To join an upscale country club, an individual must first purchase a membership bond for $30,000. In addition, monthly membership dues are $250. Suppose an individual wants to put aside a lump sum of money now to pay for her basic country club membership expenses (including the $30,000 bond) over the next 30 years. She can earn an APR of 6%, compounded monthly, on her investments.
First, we need to calculate the total amount of money needed:
Final value= 30,000 + 250*12*30= 120,000
Now, we need to use the following formula:
PV= FV/(1+i)^n= 120,000/1.005^360= 19,925
