The correct answer would be 2.)chain stores.
The scenario above depicts of Bret illustrating a division
of labor in which is in lined with how he was able to identify the tasks that
are to be accomplished and those things that are to be assigned to each
employees in each task.
A CPA examines a sample of copies of December and January sales invoices for the initials of the person who verified the quantitative data. This is an example of a Test of a control
<h3>
What is the Test of a control?</h3>
- Any auditing technique used to assess an organization's internal controls is known as a test of control.
- Determining if these internal controls are adequate to identify or reduce the risk of material misstatements is the goal of control tests in auditing.
- For instance, the auditor is working on the audit of ABC's financial accounts and it will begin very soon.
- Normally, the auditor must complete audit preparation and get audit partner approval before proceeding with the substantive test or conducting fieldwork.
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In the natural world, limiting factors like the availability of food, water, shelter and space can change animal and plant populations. Other limiting factors, like competition for resources, predation and disease can also impact populations. ... Some changes may cause a population to increase.
Answer:
The correct option is:
It helps obtain a bigger share of the market.
Explanation:
Differentiated strategy is helpful to get bigger shares of the market. Hence, the firms are generally used this strategy. Therefore, 2nd option is correct and remaining options are incorrect.
Differentiated strategy:
- It's an approach that a business takes to develop a unique product or service that customers will find better than or in another way distinctive from products or services offered by competitors.
- Differentiation strategy is a way for a business to distinguish itself from the competition.
- If successful, it allows the business the opportunity to charge a premium for the good or service. Keep in mind, however, that the business often encounters higher costs to offer the unique product or service and thus, needs to be successful in attracting customers to cover that extra cost.
- The company will be able to obtain a bigger share of the market.