Answer:
C.
Explanation:
When new entrants into a competitive market have higher costs than existing firms, market price will rise.
Answer:
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Answer:
The correct answer is letter "B": A listing of components, their descriptions, and the quantities of each required to make one unit of a product.
Explanation:
A Bill of Material (BOM) in Materials Requirement Planning (MRP) relates the final product with the raw materials, assemblies, parts, and components necessary to manufacture a unit of that good. The BOM is a document that itemizes all the resources necessary to produce a good including at the top the product itself and a listing in hierarchical orders from components to individual materials.
Creating an accurate BOM helps to have all the material necessary for production available.
Answer: Focused differentiation strategy
Explanation: In focused differentiation strategy the focus of the entity providing the service is to make their product suitable and as per the expectations of the target market , which is very narrow in size and the requirements of the customers are very unique in such kind of target markets.
In the given case, as we know that vegetarian food is not very popular among the college students, since the preference towards health is usually seen in the age group of 25 to 35 working individuals.
Thus, the customer base of amy is very narrow.
Hence, we can conclude that Amy's is using focused differentiation strategy
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