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Natalka [10]
3 years ago
8

The required resources for implementing a cost leadership strategy include which of the following? Multiple Choice Substantial c

apital investment and access to capital Strong marketing capability Reputation for high ethical standards Effective product engineering and innovative design
Business
1 answer:
Alchen [17]3 years ago
3 0

Answer:

Available options are:

A) Substantial capital investment and access to capital

B) Strong marketing capability

C) Reputation for high ethical standards.

D) Effective product engineering and innovative design

Answer: A) Substantial capital investment and access to capital

Explanation:

In business strategy, COST LEADERSHIP is establishing a competitive advantage by having the lowest cost of operation in the industry. Cost leadership is often driven by company efficiency, size, scale, scope and cumulative experience (learning curve). ... If so, that company would have a higher than average profitability.

A cost leadership strategy is a company’s plan to become a cost leader in its category or market.

Substantial capital investment and access to capital is a very reliable resources for implementing a cost leadership strategy.

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"" The ________________ arises when a price changes because consumers have an incentive to consume less of the good with a relat
Elis [28]

Answer:

The correct answer is "substitution effect"

Explanation:

When the price of a good or service rises, and the consumers change into a cheaper product with similar characteristics; immediately the market experiencing a decrease in sales for these changes; That phenomenon is called substitution effect.  

For Example:

When the chicken price increases, the consumers prefer to consume pork; Immediately the chicken sales decrease for this decision. That is called a substitution effect.

7 0
3 years ago
A household-products manufacturing firm was required to examine its organizational architecture in order to survive in the marke
noname [10]

Answer:

decision rights, rewards, and evaluation systems.

Explanation:

The aspects the decision firm looked into looked are decision rights, rewards, and evaluation systems.

1. Decision rights:

The person who makes all the relevant decisions should have all informations available. People with relevant information should be made to take key decisions. This would increase the possibility of the organization being in the right

direction.

2. Rewarding: this is rewarding those individuals who make the right decisions. Employees who have decision making rights should be rewarded with incentives when they make the right decisions.

3. Evaluation systems: These should be put in place to check the performance of individuals and business units.

3 0
3 years ago
The free cash flow to the firm is reported as $205 million. The interest expense to the firm is $22 million. If the tax rate is
Natasha_Volkova [10]

Answer:

$2,445

Explanation:.

Calculation for the approximate market value of the firm

First step is to calculate the FCFE

FCFE = 205 - 22(1 - .35) + 25

FCFE=205-22(.65) + 25

FCFE=205-14.3+ 25

FCFE = 215.70

Second Step is to calculate the Market Value

Market Value = (215.70×1.02)/(.11 - .02)

Market Value=220.014/0.09

Market Value= $2,445

Therefore the approximate market value of the firm will be $2,445

4 0
3 years ago
Which of the basic principles of economics is at work in the following situation? You decide how many cups of coffee to have whe
Lelu [443]

Answer:

The answer is: Cost-Benefits Analysis

Explanation:

A cost benefit analysis is done to identify the benefits of an action as well as the associated costs. You then subtract the costs from benefits, and if the numbers are positive you know it´s a good project. But if the costs are too big and offset the benefits, then the project is no good.

In this specific case, you have to balance the cost of drinking an extra cup of coffee (how jittery or nervous it makes you feel) with the benefits of drinking that cup of coffee (all the extra work you can do). Usually someone will keep studying and drinking coffee until they just can´t bear standing awake. It also depends on how much you really need a good grade on that specific test.

6 0
3 years ago
Per Chevron’s 3Q 2013 filing, what was the percentage change in diluted EPS when comparing nine months ended September 30, 2013
Rufina [12.5K]

Answer:

-11.43%.

Explanation:

According to the 10Q which is filling by third quarter Chevron Corporation

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings  in Q32013 is $8.52

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings   in Q32012 is $9.62

So, the change in percentage is

= {(8.52 - 9.62) ÷ 9.62} × 100

= -11.43%

Therefore, the change in percentage for 9-months of diluted EPS from Q32013 to Q32012 is -11.43%.

The financial information Source depicts the Chevron 10Q report on its website.

5 0
4 years ago
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