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irina [24]
4 years ago
7

the business strategy of differentiation reflects unique and frequently innovative product, or service. true or false

Business
1 answer:
RoseWind [281]4 years ago
3 0

Answer:

TRUE

Explanation:

In simple words, differentiation strategy refers to the business strategy under which an organisation tries to get competitive advantage in the market by adding some unique features in the existing products or by introducing brand new products for utilization.

This strategy is used by service industries as well in which the organisations frequently introduce new technologies for better operating activities. Such strategies can sometimes lead to establishment of new industry in which the innovating firm gets the first mover advantage.

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A manager is asked to find new directions for an old product line. the task is interesting, but there is a great deal of ambigui
Marina86 [1]

Answer:

The answer would be, Democratic or Participative Style of leadership.

Explanation:

Democratic or Participative Style of Leadership is the leadership which emphasis on the participation from the team members in the decision making process. New ideas, new suggestions are encouraged in this style of leadership.

So in this scenario, when the manager is asked to find out new directions for an old product, the wants to hire people with fresh minds and new ideas who have recently graduated from the colleges. So the manager is practicing the Democratic/ Participative style of leadership.

6 0
3 years ago
Supply-side economics is based on the theory that if taxes are reduced, _____.
Ivahew [28]
People will have more incentive to work and more money to spend
7 0
3 years ago
Read 2 more answers
Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,30
otez555 [7]

Answer:

1. $5.62

2. $15,174

Explanation:

1. The computation of the cost of one unit of product under variable costing is shown below:-

Total product cost = Direct material + Direct labor + Variable overhead

= $123,000 + $93,000 + $65,000

= $281,000

Unit product cost = Total product cost ÷ Produced units

= $281,000 ÷ $50,000

= $5.62

2. The computation of cost of ending inventory under variable costing is shown below:-

Unsold at end = Unit produced - Unit sold

= 50,000 - 47,300

= 2,700

Cost of ending inventory = Number of units sold × Unit product cost

= $5.62 × 2,700

= $15,174

3 0
3 years ago
3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable
kramer

Answer:

D) have customers who operate in many different parts of the country.

Explanation:

A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.

7 0
3 years ago
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describe your management experience , including a time you effectively resolved a difficult situation from a management capacity
Korolek [52]

Answer:

I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.

One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth

6 0
3 years ago
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