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Oduvanchick [21]
3 years ago
9

Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relatively low prices. T

o implement the strategy, Zara uses sophisticated designers and effective means of managing costs. These are all characteristics of which of the following business-level strategies?
(a)- Integrated cost leadership/differentiation
(b)- Growth strategy
(c)- Product differentiation strategy
(d)- Acquisition strategy
Business
1 answer:
rodikova [14]3 years ago
8 0

Answer:

The correct answer is (a)- Integrated cost leadership/differentiation.

Explanation:

Companies that integrate strategies instead of relying solely on a generic strategy are able to adapt quickly and learn new technologies. Products manufactured under the leadership of integrated costs-differentiation strategy are less distinctive than differentiators and the costs are not as low as the cost-leader, but combine the advantages of both approaches. A somewhat distinctive product that is mid-range in price can be a big attraction for customers than a cheap generic product or an especially expensive one.

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5 0
2 years ago
Which of the following is not a basic consumer right?
Kitty [74]

Answer:

C

the right to be refunded

Explanation:

4 0
3 years ago
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A chain of parking garages recently offered customers the ability to pay for parking on their mobile phone instead of paying at
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Answer:

Contact-less payment technology

Explanation:

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Contact-less payment mechanism reduces cost for staffing and also removes need for collection of cash. This means that parking facilities are managed remotely.  

7 0
3 years ago
1. What is the difference between structural and cyclical unemployment? In this context, what is the difference between Europe a
Elis [28]

Structural Unemployment is one that is permanent or long lived and Cyclical Unemployment does not have enough demand in the economy.

Explanation:

Structural unemployment results with a permanent dislocations within markets and a mismatch between skills in growing company needs. When the overall goods and service in an economy cannot support full employment that results with Cyclical unemployment.

The difference between Europe and US is, US has 50 states under one country whereas Europe is a union between countries.

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3 years ago
Suppose that a monopoly firm finds that its MR is $60 for the first unit sold each day, $59 for the second unit sold each day, $
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A. MRP = Change in revenue / Change in Labor

For first worker = 60 + 59 + 58 + 57 + 56 = 290/1 = $290

Since he produces 5 units.

Second Worker = 55 + 54 + 53 + 52 = 216/1 = $174

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Similarly,

Third worker = 51 + 50 + 49 = $150

Fourth worker = 48 + 47 = $95

Fifth worker = $46

B. Now all units are charged at $50

First worker = 5*50 = $250

Second = 4*50 = $200

third = 3*50 = $150

and so on.

C. If the wage is $210 it will demand workers until the MRP decreases below 210 and that happens for worker 2 here.

Since he can produce only $200 for $210 wage, he should not be hired. Hence only one worker will be hired here

D. If the wage falls to $97 the demand for workers will increase, again for worker 4 MRP is $100 which is above $97 and worker 5 goes below.

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