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givi [52]
3 years ago
8

Which of the following is a risk (or potential pitfall) of cost leadership?

Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

a. Cost cutting may lead to the loss of desirable features

Explanation:

In the business market, sometimes there occurs a price war between the various companies regarding the same type product and each company reduces the price to as minimum as possible to take the cost leadership in the market. Some drawbacks that  occur in such a strategy of companies are listed here -

  • There is a tight control on the expenses during the manufacturing of products which often results in loss of desirable features in the products
  • No new innovations are made as companies focus mainly of the current product
  • The feedback of customers seem to be of no importance in such conditions
  • This strategy promotes the lower quality products in the market
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Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they h
WINSTONCH [101]

Answer:

Probably not, because the terms are not definite.

Explanation:

A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.

The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.

A valid contract has the following elements: offer, acceptance, agreement, and consideration.

In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.

So the contract is probably not valid because terms are not clearly defined.

3 0
4 years ago
Which of the following is an example of the law of diminishing marginal​ returns? A. Holding capital​ constant, when the amount
Irina-Kira [14]

Answer:

The correct answer is option A.

Explanation:

The law of diminishing returns states that as we go on employing more and more unit of input while keeping other inputs constant, the return from each additional unit of input will go on declining.  

This means that the output produced from each additional unit of input will go on declining.

Here, as capital is kept constant and labor is increased by a unit, the output at first increases by 5 units from 20 to 25. But later when input is again increased by a unit, the output increase by only 3 units from 25 to 28.

This shows the law of diminishing marginal returns where the marginal returns from a unit of labor is declining.

3 0
3 years ago
Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment ag
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<span>Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment agency. Direct interview requests includes:
</span>>Requesting an <span>interview during a personal visit to the company.
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4 years ago
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2 question 50 points PLUS Brainliest!
Kay [80]
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2. <em><u>True</u></em>

7 0
3 years ago
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Susan had to go buy school supplies. While she was out, she decided to buy some new items for her bedroom as well. her credit li
Vsevolod [243]

Answer: Over the limit fee

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4 0
2 years ago
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