I think the correct answer from the choices listed above is the first option. It is generally agreed that the role of strategy is to <span>make best use of resources. It is very important to use every little thing we have to our advantage. Hope this helps. Have a nice day.</span>
Answer:
Exxon Mobil and Shell
Explanation:
-Both operate in the the same market, oil and gas, as BP.
-Both will benefit from BP's reduced expansion plan thereby increasing there market share in most of the strategic markets.
-BP will be left behind competition in the ever shrinking pie due to its reduced aggression.
Answer:
trade unions
Explanation:
as they ensure to protect employees rather than customers.
<span>A firm might lose its sales revenue and market share if it is unable to respond rivals market strategy to acquire market share. In the given case most probably the firm lost its market share to its rival due to their exerted efforts in one or more. </span>
Answer: a. 1.42
b) 2.74
c) 3.89
Explanation:
a) The Degree of Operating Leverage measures how much operating Income will change by if Sales change.
It is calculated with the formula,
= (Sales - Variable Costs) / (Sales - Variable Costs - fixed costs)
= (960,000 - 532,000) / (960,000 - 532,000 - 127,000)
= 1.42
b) The Degree of financial leverage measures how much Income will change due to a change in operating Income.
The formula is,
=Earnings before Interest and tax / Earnings before Interest and tax - Interest or just Earning before tax
= 301,000/110,000
= 2.74
c. Degree of Total Leverage is a measure of how sensitive the net income of a company is to a change in goods produced and/or sold.
It is calculated by multiplying DOL and DFL.
= 1.42 * 2.74
= 3.89
Should you need any clarification just hit that comment button. Cheers.
