Answer:
d. retail positioning matrix
Explanation:
In the example, it is noted that Boston Market has added value to its original restaurant format (with pickup, delivery...) on the one hand. On the other hand, they broadened the product line with the grocery foods. The two factors imply the axes of the <em>retail positioning matrix.</em>
The <em>retail life cycle</em> is an often confused topic that is similar to the <em>product life cycle</em> (which is related to products and services exclusively) conceptually. It consists of the following phases: innovation, growth, maturity and decline. Although this example can be correlated to the <em>innovation </em>phase of the retail life cycle, we cannot pinpoint the Boston Market's place on the retail life cycle curve, as we do not have info about its competitors, market share and other external info. Therefore, we cannot detect whether the company is in its up or down phase.
The <em>wheel of retailing</em> is an irrelevant concept, which refers to the tendency that most retailers enter a market in an extremely competitive manner (low cost, for example) and then becomes more exclusive (high cost, better reputation...).
Answer:
d) over the past 6 years, zoned farming has remained consistent, zoned commercial has decreased, and zoned residential has increased.
Explanation:
<em>I have attached the graph.</em>
As seen on the graph, it is clear that "zone farming" has<em> remained constant</em> at 5% over the past 6 years<u> (2002-2008)</u>. "Zone commercial," on the other hand, has decreased by 10% and "zoned residential" has increased by 10%.
So, this makes choice d as the answer.
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Answer & Explanation
Monopoly is where in the market there is only one seller in the market has a certain product where no other seller has. It my be goods or services but there is no substitute. This means that the owner of such a product is in full control of his/her supply. The main or the greatest impact of monopoly in the market may favors the the seller only while on the other the side the consumer may be pressed. This mostly occurs when it comes to pricing because a monopoly has potential to rise prices. This is due to lack of competition in the market. An example of monopoly in the united states in the past was :
Standard Oil company - This was an oil producing company which was producing,transporting,refining and marketing oil. It was incorporated under Standard Oil Trust which handled all oil production, transportation, refinement, and marketing. Holds 91% of oil production and 85% of its final sales in the United States Market in the early 1900s. The main sources of of monopoly were that to join into a certain industry it was very expensive so this became a main barrier.
Answer:
$1,450 unfavorable
Explanation:
For computing the variance, first we have to compute the budgeted profit which is shown below:
The budgeted profit = Revenue - expenses
where,
Revenue is $190,000
And, the expenses = Variable cost + Fixed cost
The variable cost per unit is not given so first we have to calculate it
Variable cost per unit = $105,840 ÷ 2,400 units = $44.10
Now for 2,500 units, the total cost would be
= ($44.10 × 2,500 units) + $31,300
= $141,550
Now the budgeted profit would be
= $190,000 - $141,550
= $48,450
And, the variance equal to
= Actual profit - budgeted profit
= $47,000 - $48,450
= $1,450 unfavorable
