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DerKrebs [107]
3 years ago
11

Anthony's Refrigerator Pasta tries to offer higher-quality food products, more product variety, and wider distribution than its

competitors do. What business strategy is Anthony's Refrigerator Pasta pursuing?
(a) Differentiation strategy
(b) Concentration strategy
(c) Lateral diversification
(d) Vertical integration
(e) Conglomerate diversification
Business
1 answer:
Andreyy893 years ago
6 0

Answer:

It is differentiation strategy A)

Explanation:

Differentiation strategy : this  focuses on providing a product or a service with distinctive attributes, in comparison with what other competitors are offering in order gain competitive advantage. The company adopting this strategy must continuously innovate and ensure the quality features of their  products and services embraced by the customers are sustained and improved upon .

Concentration strategy : here, company is using differentiation strategy but focusing on a particular niche of the market.

Lateral diversification : this is when a company decides to grow or expand by acquiring another company in the same line of business.

Vertical Integration : this is when a company decides to grow by taking over the entire value chain of operation . For instance, if we decide to acquire the business of our supplier or decide to take over distribution channels from the  middle-men.

Conglomerate diversification : this is when a company decides to invest in another line of business different from our existing nature of business.

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Answer:

The correct answer is B. Correct! Since Ace is not in control of the actions of Kosier (an independent contractor), Ace would  generally not be responsible for Kosier's torts.

Explanation:

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3 years ago
Kallie Smith, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charg
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Answer:

Use the high-low method to determine Flower Hour's cost equation for van operating costs.

  • total cost = $1,355 + ($0.25 x total miles)

Use your results to predict van operating costs at a volume of 15,000 miles.

  • total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

Explanation:

Month                 Miles driven           Van Operating Costs

January                    15,800                        $5,460

February                  <u>17,300</u>                         <u>$5,680</u>

March                       14,600                        $4,940

April                         16,000                         $5,310

May                           17,100                        $5,830

June                         15,400                        $5,420

July                           <u>14,100</u>                        <u>$4,880</u>

high cost - low cost = $5,680 - $4,880 = $800

high cost - low cost = 17,300 - 14,100 = 3,200 miles

variable cost per mile = $800 / 3,200 miles = $0.25 per mile

total variable cost when driving 14,100 miles = 14,100 miles x $0.25 per mile = $3,525

total fixed cost = $4,880 - $3,525 = $1,355

total cost = $1,355 + ($0.25 x total miles)

total cost (15,000 miles) = $1,355 + ($0.25 x 15,000) = $5,105

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