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Paraphin [41]
2 years ago
6

Over the course of 40 years, Sal grew his company to six package shipping stores. With his retirement approaching and the increa

sed competition, he decided to reduce the number of locations to two. Sal's reduction of effort represents a _________.
Business
2 answers:
ad-work [718]2 years ago
8 0

Answer:

Defensive strategy

Explanation:

Defensive strategy is the kind of strategy or technique which is defined as tool of marketing which help the companies in retaining or keeping the valuable customers or consumers, that could be taken away by the competitors.

Competitors is defined as those firms or business or other firms who located in the category of same market or sell the similar products to the same group or segment of people.

So, in this case, the company reduced the number of locations because of retirement approach and increased competition in the market. Therefore, it represent the defensive strategy.

tiny-mole [99]2 years ago
7 0

Answer:

Defensive Strategy

Explanation:

Defensive strategy: It is a marketing tool used to defend it´s existence in market that help the company to retain existing customer, market share and profit from going away to the competitors in the same teritory.

In the given case, Sal have reduced the number of business location to two as a defensive strategy, citing his retirement approaching and the increased competition.

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True or False: Production runs can be scheduled in one or two shifts. A. True B. False
stiv31 [10]

Answer:

The correct answer is letter "A": True.

Explanation:

The production run represents the number of units a company can produce during its production line. In some cases, the expected production line cannot be covered by one shift of employees. Then, the company allows overtime or implements a second shift to fulfill its objective.

8 0
3 years ago
A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is
Vladimir79 [104]

<u>Full question:</u>

A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is purchased infrequently and with extra effort on the buyer's part is a ____ product.

A. luxury

B. business

C. Specialty

D. Shopping

E. Convenience

<u>Answer:</u>

A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is purchased infrequently and with extra effort on the buyer's part is a Specialty product.

<u>Explanation:</u>

A specialty product is a commodity that some customers will actively attempt to buy because of unprecedented features or adherence to a particular brand. Customers who endeavor specialty products know what they require and will consume time and attempt to take it.

Typically, these customers will not readily acquire replacement products. Some companies only market specialty products that promote other products in the market.  Specialty products in this range are sold to request to consumers want to individualize what they previously have.

5 0
3 years ago
An individual who wants others to pay for public goods, but plans to use those goods for their own purposes, is often referred t
Ann [662]

Answer:

free rider

Explanation:

Free Rider is someone who would not choose to pay for a certain good or service, but who would get the benefits of it anyway if it were provided as a public good.

7 0
3 years ago
Read 2 more answers
Match each of the following terms with their definition - Before-tax cost of debt - Cost of preferred stock - Cost of Common Sto
fomenos

Answer:

Before-tax cost of debt ⇒ A. The interest rate the firm must pay on new long-term borrowing.

This refers to the interest rate that a firm will pay on long term borrowing as compensation to the lenders for lending the company some funds.

Cost of preferred stock ⇒ C. rate of return investors require based on the preferred stock dividend.

The cost of the preferred stock is the rate of the preferred dividend that investors require they are paid every year if dividends can be paid and sometimes even when it cannot.

Cost of Common Stock ⇒ B. the rate of return on retained earnings, and adjusted for flotation costs .

Commons stock costs is the required return on the retained earnings of a company.

WACC ⇒  D. the average cost of raising new financing.

Weighted Average Cost of Capital (WACC) represents the total cost of raising capital for the company as it incorporates the costs of debt, preferred stock and common stock.

3 0
2 years ago
Larry Bar opened a frame shop and completed these transactions:1. Larry started the shop by investing $40,800 cash and equipment
natita [175]

Answer:

$44,100

Explanation:

Larry Bar

Investment in Cash - Receptionist's salary+Sales of custom frame = Cash account balance

Investment in Cash $40,800

Paid $2,000 Receptionist's salary $2,000

Sales of custom frame $5,300

Hence:

$40,800-$2,000+$5,300

=$44,100

Cash account balance will be $44,100

6 0
3 years ago
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