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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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Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
3 years ago
Alexandra has determined that studying an hour for her economics quiz will improve her grade on the quiz from 75 to 100. She als
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Answer:

study when the hourly rate is below or equal to $20

Explanation:

Cosidering the economic principles of opportnity cost Alexandra will only study that extra time if the loss wages are less or equal to $20 dollars

as a higher hourly  rate will make the $20 dollar she consider the change in grade worth it to leave a net loss after considering the implicit cost of the test

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If your laptop is not able to connect to your wireless network, which of the following might be a likely cause of the problem?
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I would pick A.  good luck hope i helped out :)
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Answer:

The total cost is $1,796,600

Explanation:

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Variable costs are costs that change with the change of the volume of goods or service.

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Total cost = 1,105,600 + 691,000 = $1,796,600

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