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densk [106]
3 years ago
12

Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a

niche differentiation strategy. From last year’s reports, which company would be the strongest competitor?
Business
1 answer:
cupoosta [38]3 years ago
8 0

Answer:

Chester Company is the strongest Competitor

Explanation:

Chester company has developed a strategy of cost cutting to survive best among its competitors. It has cut its routine expenses and has lowered its cost of goods manufactured which can lead to profit maximization. The company has lowered its selling price and customers are more attracted to it because of its cheap price among all other companies supplying same products

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Your trip to was great, but it unfortunately ran a bit over budget. However, you just received an offer in the mail to transfer
serg [7]

Answer:

with the new rate we will pay in 58 months.

if there is 2% commision charge: 59.35 = 60 months

Explanation:

Currently we owe 10,000

This will be transfer to a new credit card with a rate of 6.2%

We are going to do monthly payment of 200 dollars each month

and we need to know the time it will take to pay the loan:

We use the formula for ordinary annuity and solve for time:

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

C  $200.00

time n

rate 0.005166667 (6.2% rate divide into 12 months)

PV $10,000.0000

200 \times \frac{1-(1+0.0051667)^{-n} }{0.0051667} = 10000\\

We arrenge the formula and solve as muhc as we can:

(1+0.0051667)^{-n}= 1-\frac{10000\times0.0051667}{200}

(1+0.0051667)^{-n}= 0.74166667

Now, we use logarithmics properties to solve for time:

-n= \frac{log0.741667}{log(1+0.0051667)

-57.99227477 = 58 months

part B

If there is a charge of 2% then Principal = 10,000 x 102% = 10,200

we use that in the formula and solve:

(1+0.0051667)^{-n}= 1-\frac{10200\times0.0051667}{200}

(1+0.0051667)^{-n}=0.73650000

-n= \frac{log0.7365}{log(1+0.0051667)

-59.34880001 = 59.35 months

6 0
2 years ago
The marketing manager at Widgets R Us became aware that a leading competitor was conducting an extensive customer survey. Somewh
muminat

Answer:

Problem definition.

Explanation:

Problem definition is the process of identifying an area for improvement, a difficulty that needs eliminating, or problem to be solved.

The marketing manager at Widgets R Us did not define a problem before starting their own survey.

Problem definition directs the focus of the survey, without a defined problem the survey will be of no use.

3 0
3 years ago
Margaret has been invited to a fancy dinner party and wants to bring a good bottle of wine as a gift for the host. Since she doe
Fynjy0 [20]

Answer:

b. an indicator of quality.

Explanation:

Margaret has been invited to a fancy dinner party and wants to bring a good bottle of wine as a gift for the host. Since she does not know much about wine, she will likely use the price of the wines as an indicator of quality.

Value-based pricing is a strategy of setting prices primarily <u>based on a consumer's perceived value of a product or service. </u>

<u>Price is an Indicator of Value From a consumer's standpoint because it is often used to indicate value when it is compared with perceived benefits such as the quality .</u>

3 0
2 years ago
Only people who own property need insurance<br><br><br>true or false
MAVERICK [17]

Answer:

false

Explanation:

pretty sure that is false as one can have life insurance without property.

Still double check...

5 0
2 years ago
When asking questions during criticism, it is best to be _______. A. Understated b. Defensive c. Open minded d. Annoyed.
4vir4ik [10]

Criticism is the construction or the indication of the displeasure of a reasonable and thorough analysis established on the perceived shortcomings or mistakes.

Open-mindedness is the correct blank for the statement.

<h3>What are the factors of the Criticism?</h3>

  • During a reproval or denunciation of any topic or person, one should be open-minded to take the discussion seriously but in a positive manner.

  • If the person asking the questions during the criticism is understated that is denying the clear emphasis and tries to always defend the allegations and facts results in negative criticism.

  • An annoyed interviewer who does not positively take the criticism and always gets agitated cannot be a healthy way to discuss the topic for.

Therefore, option c. is correct.

Learn more about criticism here:

brainly.com/question/21364615

5 0
1 year ago
Read 2 more answers
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