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OleMash [197]
3 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]3 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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Which of the following is an example of a positive, as opposed to normative, statement?  A. Inflation is more harmful to the ec
dlinn [17]

Answer: Option (C) is correct.

Explanation:

Positive view of the economy theory is largely based on the facts and incentives and it is engaged with most of the assumptions and check these assumptions reality to prove the facts.

On the other hand, normative view of economic theory is largely based on the statements, it is subjective and engaged with the value of the incentive or fact.

3 0
3 years ago
Use the following information for Jake Company: Sales Revenue .......................................... $2,000,000 Interest/Div
sashaice [31]

Answer: $750,000

Explanation:

Net Income

Sales Revenue                                 2,000,000

Interest/ Dividend Revenue      <u>          50,000</u>

                                                         2,050,000

Cost of Goods sold                         (1,000,000)

Selling and Admin expenses            (200,000)

Loss on Discontinued                       <u> (100,000)</u>

Net Income                                        $750,000

6 0
3 years ago
Assume a project has a sales quantity of 8,700 units, plus or minus 5 percent and a sales price of $69 a unit, plus or minus 2 p
serious [3.7K]

Answer:

$180,631.767

Explanation:

Given that,

Sales quantity = 8,700 units + (5% of 8,700)

                       = 8,700 units + 435 units

                       = 9,135 units

Sales price:

= $69 + (2% of $69)

= $69 + $1.38

= $70.38

Expected variable cost per unit = $12

Expected fixed costs = $280,000 - (2% of $280,000)

                                   = $280,000 - $5,600

                                   = $274,400

Profit before tax:

= Sales - Variable cost - Fixed cost - Depreciation

= (9,135 × $70.38) - ($12 × 9,135) - $274,400 - $68,000

= $642,921.3 - $109,620 - $274,400 - $68,000

= $190,901.3

Profit after tax:

= Profit before tax - Tax at 41%

= $190,901.3 - ($190,901.3 × 0.41)

= $190,901.3 - $78,269.533

= $112,631.767

Operating cash flow:

= Profit after tax + Depreciation

= $112,631.767 + $68,000

= $180,631.767

6 0
3 years ago
stock co uses a job costing system the following debts appeared in stock work in process account for the month of april balance
Anni [7]

Answer:

See below

Explanation:

The above information is incomplete. Concluding part from similar question is seen below.

Direct labor $16,000

Factory overhead $12,800

To finished goods ($48,000)

Therefore, the amount of direct materials charged to job is computed as;

= Balance + Direct materials + Direct labor + Factory overhead - Finished goods

= $4,300 + $26,400 + $16,000 + $12,800 - $48,000

= $11,500

The next step is to deduct the job Still in work in process charged with direct labor.

= $11,500 - $2,300

= $9,200

Hence, the amount of direct materials charged to job no 5 is $9,200

7 0
3 years ago
Amy and brian were investigating the acquisition of a tax accounting business, bottom line inc. (bli). as part of their discussi
solmaris [256]
<span>The balance sheet is summarized in the following categories: assets, liabilities, and stockholder's equity. To verify the balance sheet is in balance, assets = liabilities + stockholder's equity.</span>
7 0
3 years ago
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