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Stells [14]
3 years ago
14

The competitive moves and business approaches a company's management is using to grow the business, compete successfully, attrac

t and please customers, conduct operations, respond to changing economic and market conditions, and achieve organizational objectives is referred to as its:___________
a. strategy.
b. mission statement.
c. strategic intent.
d. business model.
e. strategic vision.
Business
1 answer:
madam [21]3 years ago
5 0

Answer:

A. Strategy

Explanation:

A  Strategy is the direction set for the an organisation and its various methods to achieve a desired goal and objective in the future.  A strategy involves utilizing and allocating resources within the organisational environment in other for the organisation to meet its stated objectives.   In simple words, strategy is the blue print that an organisation uses to achieve its objectives

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Which distribution channel is used by valley farm dairy to distribute its products to consumers without intermediaries?
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The distribution channel used by the Valley Farm Dairy would be direct distribution. It is a type of channel distribution that is used to directly sell the goods from the producer to the consumers themselves. The use of intermediaries would increase the price of the good when it reaches the consumers.
3 0
3 years ago
A cement manufacturer has supplied the following data:
Vesnalui [34]

Answer:

d. $2.10 per unit

Explanation:

Calculation for What is the company's unit contribution margin

First step is to calculate the Variable cost using this formula

Variable cost = Variable Manufacturing Expenses + Variable Selling & Administrative Expenses

Let plug in the formula

Variable cost = $297,000 + $165,000

Variable cost = $462,000

Second step is to calculate Total Contributiom Margin using this formula

Total Contributiom Margin=Sales – Variable Cost

Let plug in the formula

Total Contributiom Margin= $924,000 - $462,000

Total Contributiom Margin= $462,000

Now let calculate Unit Contribution Margin using this formula

Unit Contribution Margin= Total Contribution Margin/Total number produced and sold cement

Let plug in the formula

Unit Contribution Margin = $462,000 / 220,000 Unit Contribution Margin= $2.10 per unit

Therefore the Unit Contribution Margin will be $2.10 per unit

8 0
2 years ago
After a series of train incidents, ns&q offered employee bonuses based on safety for the first quarter of this year. this is
nydimaria [60]
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4 0
3 years ago
The contact lens company, Here's Clear Eye, sold thousands of pairs of contact lenses in Kenya. The lenses were defective and re
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Explanation:

4 0
3 years ago
A division has the following data: Sales $320,000, Variable costs $200,000, and Fixed costs $140,000. If the division were elimi
pashok25 [27]

Answer:

Effect on income= $120,000 loss

Explanation:

Giving the following information:

Sales $320,000

Variable costs $200,000

Fixed costs $140,000.

None of the fixed costs are avoidable. Therefore, they shouldn't be taken into account to make the decision.

Effect on income= Sales - varaible cost

Effect on income= 320,000 - 200,000= $120,000 loss

4 0
3 years ago
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