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Schach [20]
3 years ago
6

In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm ch

arges premium prices for its movie tickets and services. Global Cine Inc., in contrast, charges the lowest price in the industry with its no-frills approach. In between these two segments is True Movies Inc., which offers a customer experience comparable to that of Vibrant Movies at a price almost as low as that of Global Cine. What strategy is True Movies pursuing in this scenario?
a. market penetration strategy
b. liquidation strategy
c. product diversification strategy
d. blue ocean strategy
Business
1 answer:
PolarNik [594]3 years ago
4 0

Answer:

The answer is: D) blue ocean strategy

Explanation:

Blue Ocean strategy is about selling a good product or service at a low price in order to enter new markets or gain market share.

In this case, True Movies is selling a superior movie experience at the price of a low-cost movie theater. They are trying to take away customers from both Vibrant Movies and Global Cine.

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Scott wants to accumulate $3,800 over a period of 11 years so that a cash payment can be made for roof maintenance on his summer
Kamila [148]

Answer:

$240.76

Explanation:

The formula to determine the annual deposit is :

p = FV / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599

p = $3800 / 15.783599 = $240.76

3 0
3 years ago
Mrs. Eller's corporate employer has a cafeteria plan under which its employees can receive a $3,000 year-end Christmas bonus or
Alina [70]

Answer and Explanation:

a. The computation is shown below;

Cash bonus after tax is ($3,000 × (1 - 0.24) $2,280

And, non taxable fringe benefit is $2,300

So here he should use the nontaxable fringe benefit

b. Yes answer would be changed

Cash bonus after tax is ($3,000 × (1 - 0.12) $2,640

And, non taxable fringe benefit is $2,300

hence, the same is to be considered

4 0
3 years ago
In evaluating independent projects, no incremental analysis is necessary between projects. Each project is evaluated separately
fenix001 [56]

TRUE

<u>Explanation:</u>

The correct answer is true as the independent projects are selected based on the net present worth and the rate of return and do nothing alternative. In the independent projects, there is no need for the incremental B/C analysis. Simple B/C ratio will do it. If the B/C > 1, benefits outweigh the costs and the project is selected provided that there is no budget limitation. Thus, the given statement is absolutely the true one.

6 0
3 years ago
Being promoted is likely to change your priorities because you will have _______. a. to begin dressing and acting much more form
frutty [35]

The correct option is b. new responsibilities to learn and people will expect much from you.

Getting promoted is most likely to cause you to reevaluate your priorities as you will have more obligations and higher expectations.

<h3>What is job promotion?</h3>

Promotion in the context of a career means raising a worker's position or rank within a hierarchical structure. Promotion in the context of marketing denotes a distinct form of advancement.

The term "promotion" is used in a variety of settings; two of the most common ones are when talking to a career promotion and when discussing the marketing strategy of promoting a product.

Some key features of promotion are-

  • An employee who has demonstrated remarkable performance or who has acquired the required skills and knowledge to take on more responsibility at work is typically given a job promotion.
  • In the latter scenario, the worker might have to put in a certain number of hours with the organization before becoming qualified for a promotion.
  • For instance, a person who starts out as an analyst at an investment bank might need to serve three years in the this capacity before being given consideration for promotion to a coordinate and control.
  • A promotion may come with increased perks and management control over other employees in addition to a pay raise.

To know more about promotion, here

brainly.com/question/20317314

#SPJ4

4 0
1 year ago
If The Limited Company relies on hiring a foreign textile manufacturer to produce a
svetlana [45]

Answer: Contract manufacturing.

Explanation:

Contract manufacturing is the outsourcing of some production activities that were formerly done by the producer to a third party. An organization may outsource certain parts for a product.

Contract manufacturing is the practice of giving out part of a work to outside sources rather than completing all the work within the company. It results in lower expenses and costs.

4 0
3 years ago
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