<span>Discount stores are self service merchandise outlets that sell goods at lower prices than usual and have smaller mark ups.
Discount stores have to sell the products cheaper than a regular store or they wouldn't be able to call themselves a discount store. Some examples are Dollar General and Walmart, which pride themselves on the "lowest prices around".
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The difference between collaborative consumption firms is that ZILOK PROVIDES INVENTORY WHICH ARE PROVIDED BY PARTICIPATING CITIZEN SUPPLIERS WHILE CHEGG OWNS ITS OWN INVENTORY.
Collaborative consumption is an economy system of decentralized networks and market places which unlock the value of underused assets by matching consumers in a manner which bypass middlemen. It is also called sharing economy. Zilok and Chegg are examples of collaborative firms.
Answer:
D. focus on adding unique features to her product that customers will value.
Explanation:
Differentiation strategy is the strategy that aims to distinguish a product or service, from other similar products, offered by the competitors in the market. It focuses on the development of a product or service, that is unique for the customers, in terms of product design, features, brand image, quality, or customer service.
The focus of competition in a differentiation strategy tends to be on unique product features, service, and new product launches, or on marketing and promotion rather than price. A differentiator would focus research and development on product features or packaging in order to add uniqueness.
Hence, Nendry should focus on adding unique features to her product that customers will value.
Answer:
Lorland
Zhangia
sandals
smoothies
Explanation:
A country should specialise goods for which it has a comparative advantage in its production.
A country should import goods for which it has no comparative advantage in its production.
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
Lorland
Opportunity cost in the production of one smoothie = 8/2 = 4
Opportunity cost in the production of one sandal = 2/8 = 0.25
Zhangia
Opportunity cost in the production of one smoothie = 5/1 = 5
Opportunity cost in the production of one sandal = 1/5 = 0.2
Zhangia has a comparative advantage inn the production of sandals and should specialise in the production of sandals while lorland has a comparative advantage in the production of smoothies specialise in the production of smoothies
Loriland should import sandals and export smoothies
Answer:
The correct answer is letter "B": Accounting rate of return.
Explanation:
The rate of return is the earnings that the asset produces in excess of its initial cost. The figure is generally calculated as an annualized percentage. The rate of return can be determined based on the cash flows produced by the asset. Besides, this could involve an element of capital gain. The rate of return can be negative if the asset generates less profit than its cost.
The Accounting Rate of Return measures the return of a specific project in percentage terms. It is mostly used when the firm develops different projects at the same time allowing them to find out which one is more profitable.