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densk [106]
4 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]4 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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Jessica wants to set up a manufacturing unit, so she meets with Rachel, a human resource manager at her company. Rachel explains
stiv31 [10]

In other to be able to conduct a work flow analysis and defines the outputs of the process, she needs to defines the type of products that will need to be manufactured.

<h3>What is used to define the products?</h3>

In a firm, the product mission is a statement that contains a clear and concise idea of its product's purpose.

In conclusion, she needs to defines the type of products that will need to be manufactured.

Read more about product mission

<em>brainly.com/question/1687404</em>

6 0
2 years ago
Bird Corp.'s trademark was licensed to Brian Co. for royalties of 15% of the sales of the trademarked items. Royalties are payab
Romashka-Z-Leto [24]

Answer:

a. $13,000

Explanation:

Calculation for what royalty revenue should be

First step is to find the estimated amount for the second half of the year

Royalties for the second half =

15%*$30,000

Royalties for the second half= $4,500

Now let Compute for the total royalty revenue

Total royalty revenue for 20X5=$8,500+$4,500

Total royalty revenue for 20X5=$13,000

Therefore the royalty revenue should be $13,000

6 0
3 years ago
In a monopolized market: total surplus is higher than in a competitive market, while consumer surplus is lower. consumer surplus
Damm [24]

Answer:

In a monopolized market, producer surplus is higher than in a competitive market, while consumer surplus is lower.

Explanation:

A monopolized market is a market in which there is only one producer or seller of a product. The monopolist has market power. A competitive market is a market with many buyers and sellers who cannot individually influence price. In a competitive market, the players are price takers. Consumer surplus measures the difference between what the consumer was willing to pay for a particular commodity and how much he actually pays. Producer surplus refers to the excess of price received by producer over the unit cost of production. Total surplus is the addition of consumer surplus and producer surplus.

In a monopolized market, total surplus is lower than in a competitive market because monopolistic market is characterised with lower quantity and higher prices when compared with competitive market. However, producer surplus is higher in a monopoly market than in a competitive market. This is because in monopoly market the seller makes economic profit by setting prices above his unit cost; this is not possible in competitive market since prices are set at the point where average revenue (price) equals average cost. There is dead weight loss in the outcome of a monopolistic market. This implies a lower total surplus when compared to competitive markets. Consumer surplus is lower in monopolized market because consumers pay higher prices for lower quantities than in competitive markets.

5 0
3 years ago
What is any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a projec
Alborosie

Deliverable is any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project.

<h3>What is Deliverable?</h3>

A deliverable is a tangible or intangible good or service created as part of a project and intended for delivery to a customer. A deliverable may be a report, a document, a software product, a server upgrade, or any other component of a larger project.

Every deliverable has a cost: the total amount of time, money, and labor required to create and implement that deliverable (product or service, or its component). The cost per deliverable determines your project's budget.

Anything produced or provided as a result of a process is considered a key deliverable. When goals are met, deliverables are created, and when the overall project is completed, your key deliverable is completed.

To know more about Deliverable follow the link:

brainly.com/question/25783020

#SPJ4

6 0
1 year ago
Holloway Company earned $6,800 of service revenue on account during Year 1. The company collected $5,780 cash from accounts rece
sergiy2304 [10]
  • The balance of funds due to a company for goods or services supplied or employed but not yet paid for by customers is the account accounts receivable, that is the account.
  • The net income is the amount that you get each month from your check instead of the gross amount paid before deductions for payrolls.
  • Operating cash flows are a part of a corporate cash flow statement explaining the sources and use of cash from ongoing business activities over a certain period.
  • Retained income (RE) is indeed the net income remaining to the company after it has paid dividends to its shareholders.

The further discussion can be defined as follows:

  • For point A:

                  Calculated to use this formulation is the account receivable

                    reported on the balance sheets

        Using formula:

Admissible Accounts

  • For point B:

                 The reported net income is revenue from services of \$18,000

  • For point C:

                 The reported net cash flow from operations is \$14,000 in

                  cash from accounts receivables in 1 year.

  • For point D:

                 Reclaimed revenues are \$18,000 representing the amount of net

                  income transferred to the retained income account.

So, the final answer is "$4,000,  $18,000, $14,000, and $18,000".

Learn more:

brainly.com/question/24561227

5 0
3 years ago
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