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SSSSS [86.1K]
3 years ago
13

A stability strategy is a grand strategy that involves little or no significant organizational change. For example, Love Forever

is a jewelry store that sells only one type of item: engagement and wedding rings. The management of Love Forever does not plan to branch out into selling different types of jewelry; the company has a reputation for being the go-to store to purchase wedding rings, and it plans to maintain that strategy.
a) true
b) false
Business
2 answers:
Bezzdna [24]3 years ago
8 0

Answer:

True

Explanation:

A stability strategy like the question suggests, is a form of grand strategy that involves little or no deviations in terms of organization, products and sometimes the customer base. A stability strategy involves more consolidation and less expansion.

In the case study listed above, Love Forever, a jewelry store, decides to stick with its strategy of selling only engagement and wedding rings. This is an example of a stability strategy because the company has decided to consolidate rather than expand and has decided to double down on its reputation of being a go-to store for couples who intend to get married.

Stability strategy are sometimes synonymous with small businesses who don't have access to huge capital or who don't want to access capitals from investors or banks for various reasons.

zloy xaker [14]3 years ago
4 0

Answer:

The correct answer is True.

Explanation:

A stability strategy seeks to remain as long as possible in the maturity phase (or stability) of the company, reaping the fruits of the investments made. A survival strategy seeks to survive in a hostile environment, while retaining its market share.

In general, stability and survival strategies are defensive strategies, that is, strategies that seek to maintain the competitive position achieved by the company. This fact does not mean that the company cannot grow; in fact, on many occasions, to maintain market share growth is necessary (sustainable growth). In other cases, these strategies involve a decrease (organizational downsizing, outsourcing or outsourcing of activities).

These strategies are designed for the level of corporate strategy, although they can also be adopted for competitive or business strategies, as they allow the analysis for each business or activity to which the company is engaged.

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A disadvantage of corporations is that shareholders have to pay on profits.
olga_2 [115]

Answer:

taxes

Explanation:

just took the test

4 0
3 years ago
Last year there was no change in either the raw materials or the work in process beginning and ending inventories. However, fini
dsp73

Answer:

d. $625,000

Explanation:

cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period

  • cost of goods manufactured during the current period = $600,000
  • finished goods inventory at the beginning of the period = $25,000

cost of goods available for sale = $600,000 + $25,000 = $625,000

cost of goods sold = cost of goods available for sale - ending inventory = $625,000 - $40,000 = $585,000

7 0
3 years ago
V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:
Murrr4er [49]

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.

6 0
3 years ago
Although he is not sure about specific products, Diogo heads directly for a store selling Godiva Chocolates, because he knows th
Shalnov [3]

Answer:

brand awareness is the correct answer.

Explanation:

6 0
2 years ago
For some years now, you’ve owned a small specialty bookshop in a college town. You sell some textbooks but mainly cater to a bro
frutty [35]

There is a hope and there is a business strategy that might yet save the store " book selling strategy relied upon investing in, and trusting, in staff "  

Explanation:

Here is the example story of British indie bookstore owner:

In 2018 the days of the last big retail store in the United States seems to have been numbered. A decade of sales losses, traumatic lay-offs, 150 store closures, six CFOs and a 1 billion-dollar loss on its e-reader from Nook has left the company in the midst of an identity crisis.

In the recent decade, Daunt has emerged as an unexpected salvator for bookstores for large-scale businesses and is now accountable at Barnes&Noble for the rebirth of Waterston, the British retailer of about 300 branches. In a world where Amazon offer unspeakable convenience and costs, large book retailers can prosper only if they behave more like independents. His plan for recovery is based on a simple assumption.

Investment and confidence is the foundation of Daunt's bookselling strategy. "The secret to successful employers is retaining them long-term, building up careers, training them businesses."

The staff at Daunt Books know what makes customers feel like they're in a readers ' culture. They follow those principles: never prescribe more than three books at a time, so that the consumer is not frustrated. Do not just hand out your own preferences when anyone asks for a recommendation. First of all, say, "What was the last good book that you read?"It is more likely to appreciate somebody who enjoys Tana's French mysteries than the next Thomas Pynchon.

7 0
3 years ago
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