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mixer [17]
3 years ago
15

Walmart initially used a focused cost leadership strategy to compete only in small communities by using sophisticated logistics

systems and efficient purchasing practices to gain a competitive advantage. The response of local competitors was __________ because they __________.
Business
1 answer:
disa [49]3 years ago
4 0

The response of local competitors was slow because they lacked the ability to marshal resources.

<u>Explanation:</u>

The focused cost leadership is a tactic in which businesses selling identical goods in a given market reduce their prices to raise sales and gain a competitive edge.  Rather than sacrificing on value or already investing scarce resources to develop a commodity, reducing prices is a safer way to draw consumers. Walmart used such strategy to establish an edge in smaller communities but local competitors response was time taking as the resources were available but coordination among resources to result into proper manufacturing or servicing was lacking.

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P&amp;G sells cosmetics, laundry detergent, and products like Pringles to the ________ market by establishing strong brand image
ZanzabumX [31]

Answer:

Consumer

Explanation:

A consumer market is simply defined as all the individuals and households who gets or purchase and acquire goods and services.

A Consumer is simply an individual who see, knows or is able to identifies a need or desire, thereafter buy the product and then disposes of the product during the three stages of the consumption process.

5 0
3 years ago
Potter Industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. The par value of the bond is
kirill115 [55]

The value of the bond is $865.80.

<h3>What is a bond?</h3>

A bond is a debt instrument used to raise capital. Bondholders receive periodic interest payment. At the maturity of the bond, the bondholders receive the amount invested.

<h3>What is the value of the bond?</h3>

The value of the bond can be determined by calculating the present value of the bond. The present value is the sum of the discounted cash flows.

Present value = (60 / 1.08) +  (60 / 1.08^2) +  (60 / 1.08^3) +  (60 / 1.08^4) +  (60 / 1.08^5) +  (60 / 1.08^6) +  (60 / 1.08^7) +  (60 / 1.08^8) +  (60 / 1.08^9) +  (60 / 1.08^10) +  (1000 / 1.08^10) = $865.80

To learn more about present value, please check: brainly.com/question/25748668

5 0
3 years ago
In San Francisco, city regulations cap taxi licenses at 1500, creating a system in which demand for taxis exceeds supply and cus
Bingel [31]

Answer: Opportunity

Explanation:

SWOT simply stands for the strengths, the weaknesses, the opportunities, and the threats that a particular business may face. Strengths are the attributes that are necessary to achieve organizational goals and to be successful.

Weaknesses are the attributes that re detrimental to the success of the company or achieving organizational goals.

Opportunities are the external factors that are favorable which can give a competitive advantage to an organization or allow the organization achieve its goals. Threats could hinder the success of the company.

Based on the analysis, the answer is Opportunity.

7 0
3 years ago
Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
Flauer [41]

Answer:

. $45

Explanation:

Let X be the amount of equal charges per customer.

Therefore,

X-12+X-25+X-40+X=100.

4X-77=100

4X=177

X=44.25

Approximately $45

8 0
4 years ago
Read 2 more answers
Guillermo is currently in the process of projecting how much his firm will have to spend on supplies, travel, rent, advertising,
quester [9]

Answer:

The answer is c. operating (master) budget.

Explanation:

Let re-visit to the definition of operating budget to justify why c. operating budget is the answer.

Operating budget is the budget for revenues and expenses for the future period, that is, it forecast how many level of activities and how much they will cost for income generating purpose in the forecast period.

As described in the question, the forecasting items falls among the expenses budgeting. Thus, c. operating (master) budget is the correct answer.

5 0
3 years ago
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