Answer:
To make a systematic inventory of Starbucks's competitive capabilities. you would conduct an assessment of Starbucks' <u>competitive set via a strategy matrix</u>
Explanation:
Making a systematic inventory of a company's competitive capabilities will help to identify growth opportunities.
A well developed competitive determines what your business will become, measures its share performance, influence what products you developed, which consumers you targeted, where you sold the products and how you advertised and promoted them
So the first step is to list and access them to see it is strong enough to help your brand perform optimally.
This decision will drive where Starbucks focuses their attention
The Strategy Matrix is a tool that provides easy access to the solutions applied in the competitive set.
The strategy matrix can help scan possible solutions to the constraints. It combines several strategies to address several constraints according to the dynamics in the market.
Answer:
price elasticity of demand
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
If this change in price (a 25% increase) leads to a 50% decrease in quantity demanded, demand is elastic and revenue would fall if price is increased
If this change in price (a 25% increase) leads to a 10% decrease in quantity demanded, demand is inelastic and revenue would increase if price is increased
The answer would be A. Shoes.
It is implied that a good has an inelastic supply if the supplier does not have a choice other than producing it despite the change in production cost. This would as well apply to the buyer, who needs the product no matter the pricing.No one can live without shoes, despite a spike in prices, we still need to buy them.
This is known as Data Visualization
Answer:
11.96%
Explanation:
Calculation for Torch Industries company's cost of preferred stock,
Using this formula
Cost of preferred stock = Dividend / Stock Price * 100
Where:
Dividend =$7.00
Stock Price = $58,50
Hence,
= $7 / $58.50 * 100
= 11.96%
Therefore the company's cost of preferred stock will be 11.96%
