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3 years ago

Cost Leadership Strategy is one strategy to gain a competitive advantage.

Business

1 answer:

arlik [135]3 years ago

6 0

Answer:

a) True

Explanation:

Cost leadership strategy strives to focus on reducing per unit cost of production and thus charging lower price of the product as compared to the competitors.

The strategy is followed when the product is identical and cannot be differentiated based on quality or brand name, consumers only focus on products which are priced cheapest.

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Unidice, an information technology firm, recently installed a new data system that provides seamless access to data. This data s

IceJOKER [234]

Answer:

first-mover advantage

Explanation:

First-mover advantage refers to the strategic advantage achieved by the first company that occupies a market segment. In order for a company to gain first-mover advantage it must be the first company to enter a market or at least be the first company to gain competitive advantage in that market.

Unidice is the first company to gain competitive advantage in the data system market because its processing speed is much higher than its competitors.

Sometimes you don't need to be the first one to enter a market, but you need to be the first one to do things right. For example, Microsoft introduced the Surface tablet almost a decade before Apple introduced the iPad, but Apple did it right, therefore Apple gained first mover advantage.

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3 years ago

Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The following information was o

My name is Ann [436]

Answer:

The preparation is shown below:

Explanation:

The preparation of the physical flow schedule is presented below:

Beginning work in process units 80,000 units

Units started in process 95,000 units

Total units to account for 175,000 units

Units accounted for:

Units completed and transferred out:

Started and completed 78,000 (95,000 units - 17,000 units)

Beginning work in process 80,000

Ending work in process units 17,000

Total units accounted for 175,000

6 0

3 years ago

Money invested is usually used to do which of the following?

Sergeeva-Olga [200]

It should be noted that money invested is to C. Achieve long-term goals

<h3>What is money?</h3>

It should be noted that money is a means of exchange. It is required for our transactions.

When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.

Learn more about money on:

brainly.com/question/24373500

5 0

2 years ago

You have a neighbor, Mr. Peterson, who comes to you for advice. He owns a fish and chips restaurant, "The Codfather, LLC" which

Vladimir [108]

The first advice I would give Mr. Peterson would be to formalize the transfer. So the first step in this situation would be to contact a good lawyer to see if the transfer of business to your child would be authorized. This is because the transfer of LLCs has rules that may differ from one location to another.

7 0

3 years ago

Read 2 more answers

Credit bureau decides if you recieve credit or not? true or false?

Vaselesa [24]

False

Credit Bureau supplies ratings based off of prior credit history. Companies / banks decide if you are worthy of loans based off of these ratings.

6 0

3 years ago