Answer: a. perform one or more activities in the value chain at the same quality level as its competitors.
Note: But it must be at a lower cost than the competitors.
d. perform its value chain activities at a higher quality level than one of its competitors.
Note: It must be at no greater cost than the competitors.
What is Sustainable Competitive Advantage?
They are a company's abilities, culture, assets, and attributes that places them at an advantage or gives them a cutting edge over their competitors, such advantage(s) are difficult to duplicate by another company.
Types of sustainable competitive advantage.
• Low pricing: This is the ability of a company to provide goods or services at a low cost compared to their competitors, this ability could be an important competitive advantage.
• Market Power: This talks about the sole ability of a company to increase price without experiencing a loss in the market share, this happens when there is high barrier to entry in a market.
Other examples are ; powerful brands, outstanding management, product differentiation, etc.
Explanation:
Answer:
E) B and C
Explanation:
<em>
The missing word </em>"Florida Travel Inc. issues 5,000 shares of $5 pa r value common stock for $85,000"
Date Account Titles and Explanation Debit Credit
Cash $85,000
Common stock $25,000
(5000 shares x $5)
Paid-in capital in excess of par $60,000
Answer:
A. Multifactor productivity
Original Value of output 2500 un. x $200/un. = $500,000 Value of input 2500 un x $120/un. = $300,000 Multi-factor productivity $500,000/$300,000 = 1.67 Overtime Value of output 4000 un. x $200/un. = $800,000 Value of input 4000 un. x $144/un. = $576,000 Multi-factor productivity $800,000/$576,000 = 1.39 Multi-factor productivity (1.67 – 1.39) / 1.67 = 16.8% decrease
B. LABOR PRODUCTIVITY
Original Value of output 2500 un. x $200/un. = $500,000 Input = (100 people x 40 hr/person) = 4000 hours Labor productivity $500,000/4000 hr = $125/hr Overtime Value of output 4000 un. x $200/un. = $800,000 Input = (100 people x 72 hr/person) = 7200 hours Labor productivity $800,000/7200 hr = $111/hr Labor productivity ($125/hr – $111/hr) / $125/hr = 11.1% decrease
C.GROSS PROFITS
Original $500,000 - $300,000 = $200,000 Overtime $800,000 - $576,000 = $224,000
$24,000 increase
Answer:
D) Repositioning.
Explanation:
This is an example of repositioning, where an organization re-position itself in the minds of the consumers again based on another mental map. For example, if a brand once was known as the low price brand, then after sometimes, when the company feels that now its the time to make quality products priced at higher rates, then they will be in need of re-positioning. They should place their product effectively at another frame of reference where consumer can think them as a quality product providers at the premium prices.
