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Juliette [100K]
3 years ago
9

Nendry is the owner of a firm that produces sports drinks. Since there are a number of firms in the industry competing on cost,

Nendry has decided to pursue a differentiation strategy. In this case, she should:_______.
A. Concentrate on improving process technologies to achieve economies of scale.
B. Enforce a strict budget controls at all levels of the organization.
C. Devote all resources to reducing the value gap.
D. Focus on adding unique features to her product that customers will value.
Business
1 answer:
fredd [130]3 years ago
6 0

Answer:

D. focus on adding unique features to her product that customers will value.

Explanation:

Differentiation strategy is the strategy that aims to distinguish a product or service, from other similar products, offered by the competitors in the market. It focuses on the development of a product or service, that is unique for the customers, in terms of product design, features, brand image, quality, or customer service.  

The focus of competition in a differentiation strategy tends to be on unique product features, service, and new product launches, or on marketing and promotion rather than price. A differentiator would focus research and development on product features or packaging in order to add uniqueness.

Hence, Nendry should focus on adding unique features to her product that customers will value.

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The going concern assumption implies that: 1. a firm will continue to be in business for the foreseeable future. 2. a firm will
Charra [1.4K]

Answer:

A firm will continue to be in business for the foreseeable future (A)

Explanation:

According to the accounting concept, a firm is a going concern if its financial statement (i.e Income Statement, Cash flow Statement and Statement of financial position ) and other relevant indicators show that it has the ability to continue in the business in the next 12 months (foreseeable future) and there is no intention to shut-down .

However, if there are indicators that show that the firm can't continue in the operation for the next 12 months, its financial statement should be prepared on break-up basis.

7 0
3 years ago
The Department may choose to grant an exception to the examination requirement under certain circumstances. Which of the followi
soldier1979 [14.2K]

Available options are:

A salesperson who has held a valid license within the last 3 years

A broker who surrendered his broker license and has been employed as a salesperson since the surrender

A broker associate who had a valid salesperson license five years ago

A broker associate who held a broker associate license two years ago

Answer:

A broker associate who had a valid salesperson license five years ago

Explanation:

The Department may choose to grant an exception to the examination requirement under certain circumstances except "a broker associate who had a valid salesperson license five years ago."

This is because in the United States, for the real estate brokers to renew a license they need to undergo an examination as part of the requirements. However, they may be granted an exception under specific situations such as

1. When they still hold a valid license within the last 3 years

2. When they hold broker associate valid license within the last two years

3. When they are now into salesperson employment.

Hence, considering the available options, the correct answer is "A broker associate who had a valid salesperson license five years ago."

6 0
2 years ago
According to the Florentine humanist, Leonardo Bruni, history should be studied first (after a mastery of Latin grammar) because
Ipatiy [6.2K]

Answer: studying the past makes it easier to understand the affairs of the current era

Explanation:

Leonardo Bruni was such an influence in the field of history that he has been known as the first modern historian for his contribution to history during the Renaissance.

Leonardo Bruni urged people to read history because he believed that in doing so, one would be able to better understand the affairs of the present because they will have a reference point to an event that occurred in the past.

6 0
3 years ago
Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
Andrej [43]

Answer:

C) Operating, $12,000; financing $6,000.

Explanation:

Interests expenses do no change the notes payable or bond, but results in the reduction of the cash flow of a company. Therefore, the interests paid on both short terms notes payable and interest on long-term bonds will appear under the operating activities section of the cash flow statement.

Dividend appears under the financing activities section of the cash flow statement.

For this question, we therefore have:

Cash outflows from operating activities = Interest on short-term notes payable + Interest on long-term bonds = $2,000 + $10,000 = $12,000

Cash outflows from financing activities = Dividends on common stock = $6,000

Therefore, the correct option is C) Operating, $12,000; financing $6,000.

4 0
3 years ago
What are economic resources
tino4ka555 [31]
Factors used in producing goods or providing services
8 0
3 years ago
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