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Keith_Richards [23]
3 years ago
8

BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and

sales, logistics, administrative, and other such related costs are spread over a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against BuyMart's low prices. Thus, BuyMart has a competitive advantage due to its____________
Business
1 answer:
Juliette [100K]3 years ago
5 0

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

The profit of the company will increasers .

Hence , from the given scenario of the question ,

The correct answer is economies of scale .

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A lot of information is missing, so I looked for similar questions:

  • 1,064 yd of fencing is available

since 1,064 is the perimeter and we have a rectangle, we can write the perimeter equation as: 2L + 2W = 1,064

area = L · W

2W = 1,064 - 2L

W = 532 - L

now we replace in the area equation:

area = (532 - L) · L = -W² + 532W (quadratic equation format)

the value of L as our X coordinate:

L = 532 / 2 = 266

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area = -(266)² + (532 x 266) = -70,756 + 141,512 = 70,756 sq yards

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When you have a rectangle, the largest possible area is a square, where both sides have the same length.

6 0
3 years ago
During the year ended December 31, 2017, State Street Corporation had the following results: Sales revenue $267,000: cost of goo
mel-nik [20]

Answer:

34.6%

Explanation:

The formula to compute the company's profit margin is shown below:

Profit margin = (Net income) ÷ (sales revenue) × 100

                     = ($92,400) ÷ ($267,000) × 100

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It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it

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Answer:

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What do you mean by economic policy?​
Pani-rosa [81]

Answer:

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Explanation:

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