All categories

3 years ago

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice

1 answer:

4 0

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way

Explanation:

The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?

What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.

1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.

When a Low-Cost Provider Strategy Works Best

Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.

You might be interested in

Achieving high product quality lowers operating costs because of the effect of quality on:___________.

denpristay [2]

Answer:

Option C, corporate-level planning, is the right answer.

Explanation:

Option C, “corporate-level planning” is the correct answer because it is the corporate planning according to which every employee has to work. If the quality of planning is good then the firm will produce higher output with lower operating cost and if the planning is not good or suitable then the firm can increase the productivity but operating cost may go very high. Therefore, option C is right.

5 0

3 years ago

Tropic beach balls, inc. is considering several investment options. if the company wants to maximize investment income, when is

poizon [28]

The best time to invest would be <span>c : when sales are consistent.
When sales are consistent, companies do not have to worry about unpredicted occurrences that could threaten their finance because they could always cover it in the next inflow. During this time, company could start making their investment as long as the investment is highly liquid.</span>

5 0

3 years ago

Help! I dont have much lime left ;-;

horrorfan [7]

Answer:

Anthropologist - researches and analyzes historical human characteristics

Agricultural Technician - gathers and test materials from plants and animals

Archivist - organizes, maintains and protects documents and records

Statistician - analyzes and explains numerical information

4 0

2 years ago

Farmer Fanny sells her crops in a perfectly competitive market. If she produces 500 bushels for total revenue of $3,000 and if h

PolarNik [594]

Answer:

E) profit will fall by $4.00 if she harvests the 501" bushel.

Explanation:

Please see attachment

Download pdf

3 0

3 years ago

Mountain Foods is developing a new line of fruit-flavored salsas. It hires a firm to give away samples of salsa to customers and

Elza [17]

Answer:

Test marketing

Explanation:

Product development process are the steps involved in taking a concept, creating a product, and making it available to the final consumer.

The test marketing step of the product development process that entails release of limited amount of a product to the consumer to gauge consumer response.

It is a marketing strategy the occurs with or without the consent of the consumer.

In the give scenario Mountain Foods gives away samples of salsa to customers and gather feedback on their perceptions of the product. Three different products will be given away in three specific markets: peach salsa in Georgia, cherry salsa in Michigan, and orange salsa in Florida.

This is test marketing.

3 0

3 years ago