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OleMash [197]
2 years ago
12

A retail company feels that it has a mixed identity. Some of the leadership is focused on promoting the company as offering the

highest quality, whereas other leaders argue that the company should lower prices to attract customers. The team is working through a strategic management process and determines that it needs better definition for the way it will compete against its rivals within the same industry and product category. This company needs to formulate and implement a(n) _____ strategy.
Business
1 answer:
mr Goodwill [35]2 years ago
7 0

Answer:

D. Business Level strategy

Explanation:

Business level strategy is a plan that involves providing value to customers while also gaining competitive advantage in specific industry. They are definitive plans and actions put in place to attain and satisfy customers by offering goods and services that meet their needs whole also gaining competitive advantage by exploiting core competencies in specific industries or products/service market. In this scenario, business level strategy helps find answers to leadership focused on promoting the company as offering the highest quality, other leadership focused on lowering prices to attract customers and the team working on strategic management to compete against its rivals within the same industry and product category.

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Use the following information to prepare a classified balance sheet for Alpha Co. at the end of 2016. Accounts receivable $41,08
Akimi4 [234]

Answer:

Explanation:

In the classified balance sheet, we summarize the asset and liabilities into various types

Like assets are divided into fixed assets, current assets, and intangible assets.

Likewise, liabilities are also divided into current liabilities, long term liabilities

In every balance sheet, the accounting equation has used that means

Total assets = Total liabilities + Shareholder equity

The preparation of the classified balance sheet for Alpha Co. is presented in the spreadsheet. Kindly find the attachment below:

5 0
3 years ago
Identify the risks exist in the conversion cycle of Central Production Limited.
Elenna [48]

Answer:

Authorization of transactions

Explanation:

In simple words, There is indeed a possible possibility of getting into a contract multiple times owing to uncertain subordination. To order to minimise this, all workers will obey the defined rules for multiple purchases, such as the fixed pricing chart, to insure that it is a minimal amount of mistake.

     A few assigned staff members should be delegated with difficult responsibilities linked to their divisions, such as the manufacturing clerk, who is accountable for revamping the internet material bill as well as the path sheet documents in order to decrease human mistake.

6 0
3 years ago
Describe at least two negative outcomes of having too little money and credit in the economy. (2-4 sentences) Answer:
Elza [17]

Having too little money and credit often means the level of money someone is borrowing is high. So they have little money and are paying finance charges. Second it becomes harder to take advantage of oppurtunities, so changing the situation is a challenge.

4 0
3 years ago
Suppose that the country of Libraria made a concerted effort to increase the educational level of its people. If this effort had
tatuchka [14]

Answer:

If this effort had no effect on the wages of its workers, one might consider this as evidence in support of:

d. neither the human-capital nor the signaling view of education.

Explanation:

The human capital view of education argues that education increases workers' productivity, which also affects some increase in workers' wages.  The signaling view states that education passes a message about workers' various innate abilities to potential employers. This implies that the focus of the signaling view or theory is not the effect of education on the students but the message communicated in the labor market.

6 0
2 years ago
Loft Industries sells roof trusses to contractors and builders and is currently looking for honest feedback on its services. How
astra-53 [7]

Answer:

The correct answer is C. Mail questionnaires.

Explanation:

Given that the company needs honest and sincere feedback regarding the quality of its products, and that its clients have so far not given the desired answers due to their education and lack of critical focus as a way to avoid hypothetical conflicts, the correct way to obtain honest and impersonal feedback regarding the quality of their products would be through mail questionnaires.

This is so because through these questionnaires, direct contact between the members of the company and its clients would be avoided, making the criticism or assessment much less personal for the client, which could be expanded without fear of possible reproach on the part of the members of Loft Industries. In this way, a space of sincere expression would be generated that would allow an objective assessment on the part of the clients.

8 0
3 years ago
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