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3 years ago

Describe some strategic differences between these firms. What type of trade-off decisions have these firms made

Business

1 answer:

Yuri [45]3 years ago

4 0

Please find full question attached

Answer and Explanation:

I will use Apple and HP in this comparison.Here I would compare Apple's laptop to that of Hewlet Packard as this is where they meet in the industry. Apple employs a strategy of differentiation and standing out in competition through their products. They aim to create products that are quite different and unique/innovative from other products in the market, and yet what the customer wants. In doing this, Apple has a trade-off for cost as they charge alot higher for their products than their competitors. HP on the other hand focus on making the best possible products that get the job done/meet the needs of customers while also being affordable. HP is more focused on affordable devices for their market and therefore have a different market segment for laptops from that of Apple. There is a trade-off for cost and market segment in this comparison

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The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the

Crazy boy [7]

Answer:

A. True

Explanation:

The statement marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the overall goals of the organization is correct because The marketing concept relays on four foundations:

Target market
Customer needs,
Integrated marketing
Profitability.

3 0

3 years ago

On February 1, 2019, the balance of the retained earnings account of Blue Power Corporation was $315,000. Revenues for February

Pani-rosa [81]

Answer:

The retained earnings balance on February 28, 2019 is $305.000.

Explanation:

Balance of the retained earnings account on February 1, 2019 = $315,000

Revenue for February 2019 = $61,000

Expenses for February 2019 = $65,000

Dividend declared in February 2019 = $6,000

Net Income = Revenue - Expenses = 61,000 - 65,000 = -4,000

Ending Balance of Retained Earning = Beginning balance of retained earning + net Income - dividend =

Ending Balance of Retained Earning = $315,000 + (-4000) - $6,000

Ending Balance of Retained Earning = $305,000

The retained earnings balance on February 28, 2019 is $305.000.

6 0

3 years ago

How much is one euro in american dollars?

djverab [1.8K]

A euro equals $1.08 in American dollars.

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3 years ago

Everything else equal, an asset's value is:

Harrizon [31]

Answer:

The correct option is A, an asset's value is inversely related to the rate of return investors require to purchase it

Explanation:

The asset value is the initial purchase price determined by discounting the future cash flows from the asset to present values using a the required rate of return.

Ultimately, the higher the required return, the lower the present value of the investment whose price is being determined and the lower the discount the rate of return used in discounting relevant cash flows to present values the higher the present values.

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3 years ago

What are the major differences between a distributionchannel for a business making tangible products anda firm producing hospita

max2010maxim [7]

Answer:

Following are the responses to the given question:

Explanation:

The distribution channel contains several interdependent organizations responsible for the production of a material to be used or use. Different types of goods were available - either qualitative and quantitative. Although two may lead to satisfied customers, the advertising and marketing of goods differ greatly.

There are tangible items that we can see, sound, and feel. For example, in my hand, I could hold a DVD. Immaterial materials are not visible. You can hold insurance papers in the hands, for example, but it doesn't purchase. People can buy family life insurance, and they can see, touch and smell.

The tangible product distribution includes stock or retailer. It includes primarily producers, distributors, suppliers, retailers, or customers.

Generosity or travel products are distributed through companies, marketing officials, distributors, and consumers.

4 0

3 years ago