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AlekseyPX
4 years ago
3

The Board acknowledges your analysis and agrees with your conclusion. They are now curious about how Charles Schwab can use stra

tegies of a mature industry to increase its revenue. You present them two options. One is to implement a product proliferation strategy to establish a presence in the niches that the new entrants are targeting. This strategy has proven to be very successful in the past and can be a very timely advantage. Another plausible strategy is product development to enhance current products. Research shows that the current product line is still fresh in the consumers’ eyes. Which is the wiser choice?
Business
1 answer:
Levart [38]4 years ago
3 0

Explanation:

Analyzing the two strategies, the wisest choice would be the product proliferation strategy to establish a presence in the niches that the new competitors are aiming for.

This strategy consists of increasing a company's product mix, in order to increase its positioning in the market through the conquest of new market shares, which consists in the increase of consumers and a greater competitiveness for the company in entering new niches.

The other product development strategy to improve current products may not be a good strategy at the moment, as we have information that the current product is still fresh in the eyes of consumers, so the product is growing, which means that consumers already know the product and there are growth rates in the purchase and repurchase of the product.

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Emma, the facilities director for a college of business, was very involved in the purchase process for remodeling the student lo
Diano4ka-milaya [45]

Answer:

Procurement department is the best suited answer

Explanation:

Emma is following the procedure of procurement here as it is the responsibility of procurement to search the desired product and negotiate it. It is the job of procurement department to  issue purchase orders, develops term contracts, and acquires supplies and services. Although it is the higher authorities to have a final say but it is the job of procurement department to enlist and gather all the information for the higher authorities.

7 0
3 years ago
Misleading cost numbers are larger when unit-level assignments and the alternative activity-cost-driver assignments are proporti
frez [133]

Answer:

The correct answer is False.

Explanation:

Misleading cost numbers are considered to be higher when their unit allocations and the alternative activity-cost-driver allocations are proportionally different from each other. This means that it corresponds to the contrary to what is detailed in the statement.

3 0
3 years ago
Carla Vista Co. had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machin
Minchanka [31]

Answer:

I have no Idea ask your teacher

7 0
3 years ago
One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a similar prod
Dominik [7]

Answer:

D. life cycle analogy

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this method is called life cycle analogy

3 0
3 years ago
Daves Inc. recently hired you as a consultant to estimate the company’s Weighted Average Cost of Capital. You have obtained the
puteri [66]

Answer:

WACC = 5.32%

Explanation:

bond's YTM = 8%

cost of equity = 10%

tax rate = 40%

total bonds = $900,000,000

total common stocks = $100,000,000

total firm's value = $1,000,000,000

to simplify the process I will use hundreds of millions

WACC = (1/10 x 10%) + [9/10 x 8% x (1 - 40%)] = 1% + 4.32% = 5.32%

8 0
3 years ago
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