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slega [8]
3 years ago
11

Which of the following actions is associated with a niche strategy? Group of answer choices A. Manufacturing products in bulk an

d targeting average customers B. Selling products without extra frills or options C. Choosing a target market that is not crucial to the success of major competitors D. Creating cross-departmental teams across all the strategic business units
Business
1 answer:
jolli1 [7]3 years ago
3 0

<u>Answer:</u>

The action that is associated with a niche strategy choosing a target market that is not crucial to the success of major competitors.

Option: (C)

<u>Explanation: </u>

  • The major reason an organization chooses to adopt a niche strategy is to avoid the dominance of a particular competitor in the present targeted market that both the organizations are functioning in.
  • A niche strategy helps the organizations to experiment with the market and see if the output they get is acceptable or not.
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Which of the following is an example of​ cannibalization?
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Answer:

A. A toothpaste manufacturer adds a new line of toothpaste​ (that contains baking​ soda) to its product line.

Explanation:

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4 years ago
Because of the unlimited liability of all partners, a general partnership most
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To make a batch of 800 units, it is estimated that 120 direct labor hours are required at a cost of $12 per hour. Direct materia
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Answer:

It is more convenient to buy the product from an outsource supplier.

Explanation:

Giving the following information:

To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.

We need to determine whether it is more convenient to make in house or outsource.

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It is more convenient to buy the product from an outsource supplier.

6 0
4 years ago
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Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.

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