The strategic move that is most likely being implemented by Flavor Bell in this scenario is "rejoinder".
<u>Option:</u> A
<u>Explanation:</u>
Rejoinder is a short answer that is always sharp or funny, or is a legal concept corresponding to a defendant's response to a complainant's complaint. In business firms like Sweet Cream and Flavor Bell, where both have same targeted audience i.e low-calorie ice-cream consuming customers.
In this case the rejoinder is the response which Flavor Bell gave to Sweet Cream by reducing the market price of their respective products to attract more and more customers by decreasing prices and increasing quality. Affordable or pocket friendly ice-creams with low-calorie is on demand so this rejoining process is the part of business.
A step lease covers the landlord's expected increases in expenses by increasing the rent on an annual basis over the life of the agreement.
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Answer and Explanation:
The journal entry is shown below:
Cash Dr $98,800
Finance charge Dr ($120,000 × 1%) $1,200
To Liability - Financing Arrangement $100,000
(being receipts of cash is recorded)
Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance
Answer:
an overall low-cost provider strategy.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
A overall low-cost provider strategy is a strategic business model that's typically focused on a broad customer base (segment) while still making profit by providing low-cost goods and services to the customers, as well as underpricing rivals in the same industry.
This ultimately implies that, it is a business strategy that involves lowering the price of goods and services in order to stimulate demand, generate more revenue, draw more customers and gain a competitive advantage over competitors or rivals in the same industry.
Hence, when a company strives to achieve lower overall costs than its rivals in the same industry and appeals to a broad spectrum of customers, it is considered to pursue an overall low-cost provider strategy.
