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ale4655 [162]
3 years ago
15

David, the CEO of a beverage company, wants to understand the reason for the erratic performance of one of the company's product

s—Gizell, a health drink—over the past three years. For this, David scrutinizes the biquarterly sales records of Gizell and the annual profits that the company garners from its sales.In this scenario, David is trying to analyze Gizell's _____.
Business
1 answer:
artcher [175]3 years ago
5 0

Answer:

He is trying to analyze the Gizell's Product life cycle

Explanation:

Product life cycle is the cycle which is the progression of the item through or via 4 stages of its time on the market. The 4 stages are Growth, Decline, Maturity and Introduction.

In this case, David is scrutinizes the sales records of Gizell and the profits which garmers from its sales. He is trying to analyze the product life cycle.

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A firm can effectively use its operations function to yield competitive advantage through all of the following except
ira [324]

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

4 0
3 years ago
Whenever real GDPLOADING... ​declines, nominal GDPLOADING... must also​ decline."
Alex_Xolod [135]

Answer:

The correct answer is option B.

Explanation:

Real GDP is the inflation-adjusted measure of economic growth. It measures the change in output level at a constant price. It measures changes in economic output.

Nominal GDP measures change in output level based on current prices. It is not an inflation-adjusted measure of economic growth.

Real GDP changes with a change in output level. While nominal GDP can change with change in either output level or price. So it is not necessary that a decline in real GDP is accompanied by a decline in nominal GDP.

8 0
3 years ago
A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision. A vision states th
Tju [1.3M]

Answer:

<u>A vision states what a firm wants to accomplish; a mission states how a firm plans to accomplish this vision.</u>

Explanation:

Defining a company's vision and mission is extremely important for its strategic planning, as its premises will serve as a guide to assist managers in the decision-making process.

The mission corresponds to the company's raison d'être, the reason for its existence and what its purpose is. The vision corresponds to the aspirations, objectives and goals that the company intends to achieve in the future. So it is correct to say that A vision affirms what a company wants to accomplish; a mission states how a company plans to realize that vision.

5 0
3 years ago
How old do you have to be to get a job?
laiz [17]
You Have To Be 14 To Get Your Working Paper To LEGALLY Get A Job
Hope This Helps
5 0
3 years ago
Read 2 more answers
Suppose that an increase in the price of melons from $0.50 to $1.50 per pound increases the quantity of melons that melon farmer
zaharov [31]

Answer: elastic

Explanation:

The price elasticity of supply will be:

The percentage change in price will be:

= (1.50 - 0.50)/0.50 x 100

= 1.00/0.50 × 100

= 200

The percentage change in quantity will be:

= (4 -2)/2 x 100

= 2/2 × 100

= 100

Elasticity = % change in quantity/% Change in Price = 200/100 = 2

Since elasticity = 2, this indicates supply is elastic as it's greater than 1.

4 0
2 years ago
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