Answer:
Overall cost leadership.
Explanation:
Cost leadership can be defined as to lowest cost that is available in an industry. A cost leader in an industry has achieved a competitive advantage by being able to give the lowest price compared to other businesses in the market
Even where there is high competition businesses with low cost advantage perform well and have good profit margins.
So to avoid overall cost leadership firms convince rivals not to enter a price war, protection from customer pressure to lower prices, and the ability to better withstand cost increases from suppliers.
Answer:
Correct option: (b) 32.357 and 71.420
Explanation:
The confidence interval for population variance <em>σ</em>² is:
Given:
Compute the critical values of chi-square as follows:
Use the chi-square table for the critical value.
Thus, the critical values are 32.36 and 71.42.
Answer:
Taking a physical count of inventory :
d.should be done near year-end.
Explanation:
Taking physical inventory is necessary for any business because it allows taking pertinent actions to start the next year, also for tracking the inventory as every item should be counted. It helps to know what happens with every article, for example, if there are any losses (damaged goods, stolen or miscounted).
It is helpful to detect items that are about to expire or become obsolete so the company can sell them, and don’t lose money, by using a marketing strategy and then renew/supply the store.
Banking, Because how you deposit and withdraw will help you externally
<span>If I were to start a business, the most money would be spent on hiring the right people for the job. The least money would be spent on advertising right off the bat because you need the vision of your newly-hired creatives to create the right advertising campaign for your business.</span>