1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeyben [28]
2 years ago
9

Mini’s ice cream stand offers different combinations of premium flavors, cones, and toppings to create hundreds of extravagant,

customized products. Which generic strategy is Mini’s following in the restaurant industry?
Business
2 answers:
Yakvenalex [24]2 years ago
8 0

Answer:

She is using the <u>generic differentiation strategy.</u>

Explanation:

This strategy consists of the differences shown by the product or service offered by the company compared to others that do the same, creating something that is perceptive for people who are looking for something new or are tired of the same things as always.

By including new premium flavors, cones and toppings on the menu, she is giving customers the pleasure of choosing for themselves how their ice cream will taste, what shape it will have, what colors it will have.

borishaifa [10]2 years ago
3 0

Answer: The options are given below:

A. Cost leadership

B. Differentiation

C. Focused cost leadership

D. Focused differentiation

E. Both cost leadership and differentiation simultaneously

The correct option is D. Focused Differentiation.

Explanation: Focused differentiation is the strategy that requires the offering of features that are unique in order to fulfill the demands of a narrow market.

In other words, Focused differentiation refers to the approach that a business will take in order to develop a unique product or service that customers will find better and distinctive from products or services offered by competitors.

From the scenario presented above, we an see that Mini's ice cream stand comes up with different and unique products that are customized, this is done in order to distinguish themselves from other competitors, while offering their customers premium products.

You might be interested in
An organization's internal stakeholders consist of Multiple Choice a.the board of directors, customers, and local government.b.t
Andrej [43]

The board of directors, employees, and owners are an organization's internal stakeholders.

<h3>What is the role of internal stakeholders?</h3>

People who have a direct interest in a company, such as through employment, ownership, or investment, are said to be internal stakeholders. External stakeholders are people who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. They participate in the company's management and have voting rights.

They are both members of the board of directors and the company's largest investors. As a result, they possess all the authority that other members of higher-level management do and are able to alter the course of the business. According to research, employees are by far the most significant stakeholder group for organizations, coming out ahead of clients, vendors, neighborhood associations, and shareholders by a wide margin.

To learn more about internal stakeholders, visit:

brainly.com/question/4414143

#SPJ1

7 0
1 year ago
Which of the following is NOT a goal of operations management? (A) Understanding the drivers of customer utility (B) Match suppl
rodikova [14]

Answer:

The answer is A.

Explanation:

Operations management involves all activities which produce and deliver goods and services. Operation is a core function in any organization.

The primary objective of operations management is to make use of the organizational resources to generate or produce goods and services.

All options except option A(Understanding the drivers of customer utility) are goals of operation management

8 0
3 years ago
Question 7 of 10
joja [24]

Answer:

B. the set of plans for product, price, place, and promotion that the marketer will use

4 0
2 years ago
Leondra looks over her Algebra homework and says to herself ""I’m probably not going to be able to do this - I’m just not a math
sveticcg [70]

Answer:

Fixed mindset

Explanation:

Mindset could be explained as an individual's psychological state which often transcends into how we perceive challenges, what we can do and what we can't. Usually the ability to solve a puzzle, face and conquer a challenge starts and ends with an individual's mindset as it is where either the strength to execute or depression to walkway is derived.

The growth mindset gives individuals who exhibit the trait the strength and morale to face challenges, instead of backing out without trying, they try to find ways of constantly improving at what seems difficult.

On the other hand, the fixed mindset which is what is exhibited by Leandro could be deemed as a rigid type of notion whereby an individual believes all he knows and all he can do are already fixed, hence anything aside those cannot be successfully executed this kind of individuals fail to try new challenges.

7 0
3 years ago
YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201
abruzzese [7]

Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

7 0
3 years ago
Other questions:
  • With manufacturing as the company's core strength, how will you develop a customer focus
    7·1 answer
  • Sissie owns two items of business equipment. Both were purchased in 2015 for $100,000, both have a 7-year MACRS recovery period,
    15·1 answer
  • using the information below compute the cycle efficiencyDays' sales in accounts receivable 15daysDays' sales in inventory 72days
    8·2 answers
  • Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. For
    5·1 answer
  • 1+2+3+4+5+6+7+8+9+10+11+12+13+14
    10·2 answers
  • Ted is the owner and chief executive officer of a business. He recently began an advertising campaign to promote a new product t
    5·1 answer
  • SnowParadise operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season. In
    11·1 answer
  • Find the interest earned on invested for years at ​% interest compounded as follows. a. Annually b. Semiannually​ (twice a​ year
    7·1 answer
  • Jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
    7·1 answer
  • Which of these is an example of a natural monopoly? electricity service grocery delivery retail store security driveway concrete
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!