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ExtremeBDS [4]
3 years ago
10

A competitive strategy of striving to be the low-cost provider is particularly attractive when a. buyers are not price sensitive

.b. the industry is made up of a large number or equal-sized rivals.c. there are many ways to achieve product differentiation that have value to buyers.d. price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyerse.switching costs are high, price competition is strong, and buyers tend to use the industry's products in many different ways
Business
1 answer:
PilotLPTM [1.2K]3 years ago
6 0

Answer:

d. price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.

Explanation:

Michael Porter specified 4 generic strategies for gaining competitive advantage, which are namely,

1. Cost Focus

2. Differentiation Focus

3. Cost Leadership

4. Differentiation

Cost leadership refers to charging lowest price and attaining cost advantage in the industry.

Differentiation refers to designing products with unique attributes.

Striving to be low cost provider would be most attractive when the buyers have low switching costs i.e it is easier and cheap to switch between products and wherein buyers are large and exercise considerable bargaining power.

Thus, the correct option is (d). price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.

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In Spanish or in what


Cause if it’s in Spanish you don’t wanna know
7 0
3 years ago
Read 2 more answers
1.Danner Company expects to have a cash balance of $45,000 on January 1, 2017. Relevant monthly budget data for the first 2 mont
Nat2105 [25]

Answer:

\left[\begin{array}{ccc}&January&February\\$beginning&45000&27500\\$receipts&97000&150000\\$disbursement&-114500&-163500\\$interest&0&0\\$subtotal&27500&14000\\$minimun&20000&20000\\$Financing&&\\$beginning&0&0\\$payment/loan&0&6000\\$ending&0&6000\\&&\\$ending cash&27500&20000\\\end{array}\right]

Explanation:

On January we collect the 85,000 from revenues and the 12,00 form marketable securities.

Then, we add up each disbursement:

Materials 50000

Labor       30000

Overhead (net of depreciation) 19,500

Selling and administrative 15000

Total 114,500

Then we solve for the cash balance and get the blaance as it is higher than 20,000 we do not need financing

Then, this value is the beginning cash for February. As the ending balance is 14,000 we will take 6,000 financing to reach the bare minimum of 20,000

3 0
3 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
MegaComputers Inc., has assigned a project manager for each of the five new-product teams. The managers, as well as the project
sergij07 [2.7K]

Answer:

(E). Project

Explanation:

A <u>project</u> based organization structure is one that is created when an organization has projects to implement. This structure is <u>used to ensure the projects are run separately and smoothly, and do not interfere with each other.</u>

Each <u>project manager supervises or coordinates his team members</u> with the goal of accomplishing the objectives of the project within a given period of time.

5 0
3 years ago
Tater and Pepper Corp. reported free cash flows for 2018 of $58.1 million and investment in operating capital of $41.1 million.
DENIUS [597]

Answer:

104.6 million

Explanation:

Data provided in the question:

Free cash flows for 2018 = $58.1 million

Investment in operating capital = $41.1 million

Depreciation expense = $15.5

Taxes on EBIT in 2018 = $20.9 million

Now,

EBIT

= Free Cash Flow + Investment in operating capital + Taxes - Depreciation

on substituting the respective values, we get

EBIT = $58.1 million + $41.1 million + $20.9 million - $15.5

or

EBIT = 104.6 million

8 0
3 years ago
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