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pashok25 [27]
3 years ago
15

An example of a firm applying the overall cost leadership generic strategy in a value-chain activity would be to automate the pr

oduction assembly line to reduce scrappage from quality errors.1. True2. False
Business
1 answer:
oee [108]3 years ago
6 0

Answer:

1. True

Explanation:

As one of Porter's generic strategies, the Cost Leadership strategy aims to place a firm high above when relating to cost, that is, being a leader in your market or industry.

There are two ways to achieve this:

  1. charge industry average price to increase profits by lowering prices
  2. charging lower prices to increase market share.

Therefore, automating the production assembly line will reduce quality errors and increase the profits made.

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How do you start a business in America?
Luba_88 [7]

Answer:

How To Launch Any Business Online For Under $100! YES you can! Starting an online business doesn’t need to be complicated. Start Any Online Business.

3 0
4 years ago
Westmoreland Corporation prepared its statement of cash flows for the year. The following information is taken from that stateme
vitfil [10]

Answer:

Cash Balance at the beginning of the year = $4,600

Explanation:

Opening Cash Balance = Closing Cash Balance - Net Increase (Decrease) in Cash

Opening Cash Balance = $18,100 - $13,500 = $4,600

5 0
3 years ago
Reverend samuel stanhope smiths proposal that skin color should be viewed as a product of climate and therefore not correlated t
Tatiana [17]
I think he felt that skin was attributable to climate and did not affect one's intelligence, character and personality so  he was not a racist. While areas of the world like Latinamerica and Africa for example have many people with brown or black skin, they are every much as capable as people from more northern climates with white skin. The fact that, for example the Latin american areas had advanced civilizations like the Incas and Aztecs, the former with 1000's of kilometers of roads tying their empires together and the Aztecs with their monumental temples and both with advanced agriculture based on astronomical observations shows this is the case.
7 0
4 years ago
Jim was a crook. He embezzled $450,000 from his employer. When his employer found out about his misdeeds, before even conducting
kati45 [8]

Answer:

b. Jim may have been misrepresented in the story by the newspaper agency and the company might face legal consequences.

Explanation:

Jim has the right to take legal action against the company for releasing the story. The investigation had not been completed and all facts had not been established by the company.

Also the newspaper did not contact Jim to get his own side of the story before publishing, that could have revealed pertinent information about the case.

4 0
3 years ago
What is the status of Farbenia’s balance of trade?
Vinvika [58]

Answer:

Farbania has a negative trade balance with Russia, that is, a deficit of $100 million.

Explanation:

Given that the republic of Farbania has trade relations only with Russia, and in one year, Farbania imports $ 300 million worth of goods from Russia and sells $ 200 million worth of goods to Russia, to determine the balance of trade that this country has with Russia is must perform the following calculations:

Imports: -300,000,000

Exports: +200,000,000

-300,000,000 + 200,000,000 = X

-100,000,000 = X

Therefore, Farbania has a negative trade balance with Russia, that is, a deficit.

5 0
3 years ago
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