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geniusboy [140]
3 years ago
11

A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies

and gain a competitive advantage in specific product markets.
(A) True
(B) False
Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

True

Explanation:

Business-level strategy focuses on how to satisfy customers, offer goods and services that meet up to their standard, and improve operating profits.

Business level strategies are actions carried out to give value to customers and also gain a competitive advantage by taking advantage of core competencies in specific, individual product or service markets.

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For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passengers. It costs the airline $4,
guajiro [1.7K]

Answer:

$370.69

Explanation:

Given the following :

Capacity (n) = 430

Cost incurred by airline per flight = $4000 + $60 per passengers

If ticket price = T ; (430 - 0.58T) are expected to book.

Determine the ticket price, T, that will maximize the airline's profit.

Profit = Revenue earned - cost incurred

Revenue earned = capacity * price = nT

Cost incurred = $4000 + $60n

Profit = nT - (4000 + 60n)

If ticket price = T ; (430 - 0.58T) are expected to book. Then n = (430 - 0.58T)

Profit = (430 - 0.58T)T - ($4000 + 60(430 - 0.58T))

Profit = 430T - 0.58T^2 - ($4000 + 25800 - 34.8)

Profit = 430T - 0.58T^2 - 4000 - 25800 + 34.8

Profit (P) = - 0.58T^2 + 430T −29834.8

Taking the first derivative of P

P' = 2(-0.58T) + 430

P' = - 1.16T + 430

Hence solve for price (T) when P' = 0

0 = - 1.16T + 430

1.16T = 430

T = 430 / 1.16

T = 370.68965

Price = $370.69

6 0
3 years ago
The top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be t
Mkey [24]

Answer:

Strategic planning

Explanation:

Strategic planning is defined as the process by which a business outlines direction and strategy. It also involves decision on how the business will allocate it's resources to achieve its strategic goals.

Strategic plan involves formulation of mission, vision, and plan of action that will make the business achieve set goals.

In this scenario top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be to expand the overall business internationally. This is the strategic plan of the business for the next two years

3 0
3 years ago
On December 31, 2020, Grand Company had $1,232,000 of short-term debt in the form of notes payable due February 2, 2021. On Janu
VikaD [51]

Answer:

Current liabilities:

Notes payable   $8,000

Non-current/long-term liabilities:

Notes payable     $1,224,000

Explanation:

The actual amount of notes payable at 31st December is the difference between the short-term debt and the amount of cash realized from the issue of common stock whose proceeds are meant to be used in liquidating the short-term debt.

The actual amount of notes payable=$1,232,000-$1,224,000=$8,000

By issuing common stock of $1,224,000 to repay the short-term debt,the $1,224,000 is effectively converted to funding of long-term nature,hence classified as long-term liabilities

7 0
3 years ago
What are Costco business perks?
borishaifa [10]

Answer:

There are several perks or troubles that Costco business faces.

Explanation:

The first of these perks is the intense competition from other large retailers like Walmart, Target, or Best Buy. While Costco does have a niche: it tends to sell higher quality poducts for a slightly higher price, the competition is nevertheless stiff because that niche does not apply for all product lines that are sold.

The second perk is also competition, from online retailers, especially Amazon, which is larger than any traditional retailer, but also from a myriad of smaller retailers that emerge constantly in the online market, since the internet provides very few barriers to entry for new competitors.

Finally, the third peak is consumer preferences, and that is because consumers are constantly changing their tastes and preferences, especially in developed countries like the U.S. This means that Costco has to constantly adapt to new product lines, and discard other lines.

3 0
2 years ago
On October 1, 2021, Blue Corp. issued $744,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay i
Luda [366]

Answer:

Blue Corp.

Journal Entry

Date            Account Titles and Explanation   Debit   Credit

Oct. 1, 2021 Cash                                        $744,000

                   Bonds Liability                                     $744,000

To record the issuance of the 7%, 10-year bonds at face value.

Explanation:

a) Data and Analysis:

Face value of 7%, 10-year bonds = $744,000

Bonds issue = at face value

Issue date = October 1, 2021

Interest payment = annual

Interest payment date = October 1

Annual interest payment = $52,080 ($744,000 * 7%)

Records on December 31, 2021:

Accrual of interest for the year:

Interest Expense $13,020

Interest payable $13,020

To accrue interest for 3 months.

Records on October 1, 2022:

Interest Expense $39,060

Interest payable $13,020

Cash $52,080

To record the interest payment.

8 0
3 years ago
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