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Marysya12 [62]
3 years ago
9

Bob's Assembly is a hardware manufacturer. It specializes in builders' hardware for doors, cabinets, windows, and bathrooms. Bob

's Assembly products are economical and more durable than 95% of its competitors' products. This scenario illustrates the concept of _____.
A) core capability
B) distinctive competence
C) competitive inertia
D) strategic dissonance
Business
1 answer:
KengaRu [80]3 years ago
5 0

Answer:

B, distinctive competence

Explanation:

Distinctive competence of a business means that the business has a characteristic(s) or feature(s) that its competitors do not have. This characteristic gives the business the upper hand against other competitors in market and shows that the business is doing something better than all other businesses.

In the above question, Bob's assembly has been able to combine economical price with durability, something that 95% of other assemblies or businesses in this market don't have. This gives Bob's assembly the upper hand in the hardware market and as such customers will most likely patronize him compared to the other businesses in the hardware market.

cheers.

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For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as muc
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Answer:

<em>For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as much time as needed to ensure they are fully informed. </em><em><u>True</u></em><em> </em>

8 0
2 years ago
4. When the actual price of a good is above its equilibrium market price, competition
earnstyle [38]

Answer:

C.

Explanation:

Because naturally within a market the equilibrium price is trying to be reached, (besides price ceilings and floors imposed by the government), Sellers will naturally push the price downwards because they must compete with each other to make a living. Thus answer C. is correct.

4 0
3 years ago
What are the three most critical components that a marketer needs to examine to segment a market effectively?
Georgia [21]
1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
    - the target market must be identifiable to determine which of the
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2. Accessibility
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3. Responsiveness
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      the products and services created for them. There is little point in
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4 0
3 years ago
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by:
eimsori [14]

Answer:

A.selling common stock.

Explanation:

A business raises capital through debt or equity. Debts represent borrowed funds, which include bonds and loans. Equity represents the owner's funds, which comprises of shares and retained earnings.

Should a business not have enough funds for its long term needs, it can sell more shares to the existing shareholders or the general public.  Shares represent ownership of the company. Selling common stock means that the company will receive the funds it requires in exchange for ownership rights.  Shareholder earns dividends as a reward for providing capital to businesses.

4 0
3 years ago
ohansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
Elodia [21]

Answer:

The right solution is "$ 2.50 per DLH".

Explanation:

The given values are:

Rent,

= $ 15,000

Factor equipment's depreciation,

= $ 8,000

Indirect labor,

= $ 12,000

Production supervisor's salary,

= $ 15,000

Estimated DLHs,

= 20,000

The total manufacturing overhead will be:

= Rent+Factory's \ equipment \ depreciation+Indirect \ labor+Production \ supervisor's \ salaryOn substituting the given values, we get

= 15000+8000+12000+15000

= 50,000 ($)

Now,

The predetermined overhead rate will be:

=  \frac{50000}{20000}

= 2.50 \ per \ DLH ($)

3 0
3 years ago
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