1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Government can reallocate resources away from private goods toward public goods, usually through Multiple Choice import tariffs
RSB [31]

Answer:

The correct answer is:  taxes and government spending.

Explanation:

The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.

It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.

3 0
3 years ago
A corporate treasury working out of Vienna with operations in New York simultaneously calls Citibank in New York City and Barcla
WARRIOR [948]

Answer:

Given $1 million and the following quotes:

Bank C - $0.7551-61/€

Bank B - $0.7545-75/€

There are two different arbitrage strategies that can be attempted. The first is to buy euros from bank B, and then sell them to bank C:

Buy euros Bank B:

Euros to be bought = $1,000,000 x  Euro / $ 0.7575

Euros to be bought = 1,320,132.01 Euros

Sell euros Bank C:

Euros to be sold = 1,320,132.01 euros x $0.7551 / Euro

Euros to be sold = $996,831.68

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $996,831.68 - $1,000,000

Profit/loss = -$3,168.32

The second strategy involves buy euros from bank C and selling them to bank B: Buy euros Bank C:

Euros to be bought = $1,000,000 x  Euro / $ 0.7561

Euros to be bought = 1,322,576.38 Euros

Sell euros Bank B:

Euros to be sold = 1,322,576.38 euro x 0.7545 / Euro

Euros to be sold = $997,883.88

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $997,883.88 - $1,000,000

Profit/loss = -$2,116.12

In both instances a loss is made by the arbitrage. The arbitrager cannot make a profit using these quotes.

3 0
3 years ago
Read 2 more answers
It costs Glenwood, Inc. $82 per unit to manufacture 1,000 units per month of a product that it can sell for $122 each. Alternati
mixas84 [53]
<h2>Answer:</h2><h2>The profit would increase by $ 4000 if complex product was produced.</h2>

Explanation:

Total number of units to be manufactured = 1000

(i) The cost price of 1 unit = $ 82

The cost price of 1000 units = 82 * 1000 = $ 82000

Selling price of 1 unit = $ 122

The selling price of 1000 units = 122 * 1000 = $ 122000

Profit earned = 122000 - 82000 = $ 40000

(ii)To produce a complex product,

The cost price of 1 unit = $ 82 + $ 36 = $ 118

The cost price of 1000 units = 118 * 1000 = $ 118000

Selling price of 1 unit = $ 162

The selling price of 1000 units = 162 * 1000 = $ 162000

Profiy earned = 162000 - 118000 = $ 44000

Therefore, the profit would increase by $ 4000 if complex product was produced.

5 0
3 years ago
Any right to, or interest, in the land interfering with its use or transfer, or subjecting it to an obligation is known as: ____
S_A_V [24]
I Believe the answe is b
4 0
3 years ago
Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December2018 of a circuit fla
julsineya [31]

Answer:

Please see attachment .

Explanation:

Please see attachment .

Download pdf
4 0
2 years ago
Other questions:
  • Brownstone Corporation has 1,000 shares of stock issued and outstanding. These shares are owned by the following people : 200 sh
    10·1 answer
  • The most recent income statement for the Chicago Branch of Illinois State Bank is presented below: Sales $65,000 Variable costs
    14·1 answer
  • Mailing cash to pay bills is encouraged by the United States Post Office officials.
    13·1 answer
  • If the total cost of producing 4 units is $150 and the marginal cost of producing the fifth unit is $20, then the total cost of
    14·1 answer
  • Suppose there is a simple two good economy that produces fish and cars. When the economy increases its production of fish from 0
    13·1 answer
  • A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the origin
    9·1 answer
  • A manufacturer reports the information below for three recent years.
    9·1 answer
  • If you cause damage to your apartment, your landlord can
    13·2 answers
  • If you invest $100 at 10 percent compounded annually, how much money will you have at the end of 3 years?
    9·1 answer
  • Explain the importance of the primary sector and provide an example
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!