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alukav5142 [94]
3 years ago
11

"Jordan's Ice Creams is strategically located near a university. After realizing that most of its customers, who are mostly stud

ents, prefer a wide range of flavors, it started offering different combinations of premium flavors, cones, and toppings to create hundreds of extravagant, customized products. Which generic business-level strategy is Jordan pursuing?
(A) Broad low-cost strategy.
(B) Broad differentiation strategy.
(C) Focused low-cost strategy.
(D) Focused differentiation strategy.
(E) Product substitution strategy
Business
1 answer:
iragen [17]3 years ago
6 0

Answer:

B. Broad differentiation strategy

Explanation:

Broad differentiation strategy -

It refers to the method to strategize the business or the product in a very unique and innovative manner , is referred to as broad differentiation strategy .

The method is done by trying to adapt new method to present their goods and services , add new features , tries to relate to the likes and dislikes of the consumers .

The method is very helpful for a larger company than for smaller one .

The method is helpful to increase the production of the company , and thereby the profit of the company increases .

Hence , from the given scenario of the question ,

The correct answer is B. Broad differentiation strategy .

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Action Shoes is a company that manufactures shoes. It has a lot of competitors in the market. However, it only builds its streng
shtirl [24]

Answer:

Nature of rivalry

Explanation:

In this context, rivalry represents a situation in which people, businesses, compete with each other for the same thing or market.

Action shoes has a lot of competition in the market, understanding the nature of rivalry implies that they know how to contend with their competitors.

Sometimes this may be called having or knowing your competitive advantage over your competitors.

7 0
3 years ago
Why teams need negotiation skills?<br>​
Vitek1552 [10]

Answer:

Negotiating a decision that the group is all happy with increases a team's cohesion and helps individual members examine their own motivations. Successful negotiation provides the team with faith in their ability to continue to co-operate with each other.

<h2>hope it helps you.</h2>
7 0
2 years ago
A gantt chart is built using established precedence relationships. <br> a. True <br> b. False
Luden [163]
I believe that it is true, here's an example of such a chart.

8 0
3 years ago
Herman Co. is considering a four-year project that will require an initial investment of $7,000. The base-case cash flows for th
goldenfox [79]

Answer:

Net Present Value    $ 23,373.49

Explanation:

First, we solve for the expected return:

\left[\begin{array}{cccc}State&Return&Probability&Weight\\best-case&19,000&0.25&4,750\\base-case&12,000&0.5&6,000\\worst-case&-3,000&0.25&-750\\Total&&1&10,000\\\end{array}\right]

Now, we solve for the present value of this vaue over the four-year period:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 10,000.00

time 4

rate 0.12

10000 \times \frac{1-(1+0.12)^{-4} }{0.12} = PV\\

PV $30,373.4935

<u>Last we subtract the investment cosT:</u>

30,373.49 - 7,000 = 23,373.49

5 0
3 years ago
Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same
ikadub [295]

Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.

Explanation:

When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.

The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.

5 0
3 years ago
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