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3 years ago

The five generic types of competitive strategies include

Business

1 answer:

zepelin [54]3 years ago

5 0

Answer:

The correct answer is B) low-cost provider strategies, broad differentiation strategies, best-cost provider strategies.

Explanation:

A competitive advantage allows one company to produce or sell goods more effectively than another company. For that reason, entrepreneurs always try to develop competitive strategies that help them maintain that advantage.

According to researcher researcher Michael E. Porter, there are at least four types of competitive strategies: differentiation, cost leader, low cost approach, and low cost differentiation. Each entrepreneur can use one of these standard strategies or develop his own strategy since flexibility is an important characteristic of competitive strategies, although the reality is that most companies use one of these four generic strategies.

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You are a professor of economics at a university. you've been offered the position of serving as department head, which comes

Oxana [17]

Answer:

$4500

Explanation:

We can calculate the total change in benefits by deducting the opportunity cost of spending the hours with your family by the annual salary.

Opportunity cost = $20/hour x 200 Additional hours

Opportunity cost = $4000

Total change in benefit = Annual salary - Opportunity cost

Total change in benefit = $8500 - $4000

Total change in benefit = $4500

6 0

3 years ago

Suppose that GDP is $10,000, Consumption is $6,000, and Government spending is $1,500 with a deficit of $200. (Assume net export

Marta_Voda [28]

Answer:

private saving = $2700

Explanation:

given data

GDP = $10,000

Consumption = $6,000

Government spending = $1,500

deficit = $200

solution

we know here equation of GDP that is express as

GDP = Consumption + investment + Government spending ...................1

we consider here tax revenue that is = T

T - Government spending = - deficit

T = Government spending - deficit

T = $1500 - $200

T = $1300

so we can say from equation 1

( GDP - Consumption - T ) + ( T - Government spending ) = investment

and investment = private saving + public saving

so private saving will be

private saving = GDP - Consumption - tax revenue ................2

private saving = $10000 - $6000 - $1300

private saving = $2700

8 0

3 years ago

Prezas Company's balance sheet showed total current assets of $4,401, all of which were required in operations. Its current liab

Darina [25.2K]

Answer:

$3,176

Explanation:

Computation of net operating working capital

Using this formula

Net operating working capital=Current assets less ( Current liabilities less Notes payable)

Where,

Current assets=$4,401

Current liabilities =($975+$600+$250=$1,825)

Notes payable =$600

Let plug in the formula

Net operating working capital=$4,401-($1,825-$600)

Net operating working capital=$4,401-$1,225

Net operating working capita=$3,176

Therefore the Net operating working capital or NOWC will be the amount of $3,176

7 0

3 years ago

2. An increase in demand is an increase in consumer willingness to

kiruha [24]

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

4 0

3 years ago

Which of the following explains why a company’s book value as reported in the balance sheet may not equal the company’s market v

kondaur [170]

Answer: "I. Many assets are measured at their historical cost rather than amounts for which the assets could be sold." explains why a company’s book value as reported in the balance sheet may not equal the company’s market value.

Explanation: Normally non-current assets (fixed assets) are valued at their historical acquisition cost, therefore the difference between the market value and the book value of a company occurs

5 0

2 years ago