Competitive pay is pay that is comparable to or better than the market value of a position.
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.
The national labor relation act is the act formed by the government to protect right of employers and the employees.
<u>Explanation:</u>
The National Labor Relations Act of 1935 is a primary rule of United States work law which ensures the privilege of private part employees to sort out into worker's guilds, participate in aggregate haggling, and make aggregate move, for example, strikes.
Congress sanctioned the National Labor Relations Act ("NLRA") in 1935 to secure the privileges of representatives and bosses, to energize aggregate dealing, and to shorten certain private area work and the executives rehearses, which can hurt the general government assistance of laborers, organizations and the U.S. economy.
Answer:
$144,000
Explanation:
Sales $900,000
Less Variable expenses:
Cost of goods sold $630,000
Variable selling $90,000
($900,000 ÷ $50 per book = 18,000 books)
($5 per book x 18,000 books)
Variable administrative $36,000
(4% of $900,000)
Total Variable expenses $756,000
Contribution margin $144,000
($900,000-$756,000)
Therefore the Contribution margin for Sam's Bookstore for the first quarter is $144,000
