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Alik [6]
4 years ago
12

A moderately-priced jewelry store is trying to differentiate itself from other jewelry stores. The store prices products somewha

t lower than the super-premium jewelry stores, but offers better products and services than low-end jewelry stores provide. The market situation this store faces sounds most like:_______.
Business
1 answer:
AlekseyPX4 years ago
8 0

Answer:

The correct answer is: monopolistic competition.

Explanation:

There is monopolistic competition in markets that have many companies offering similar products or services. Restaurants, grocery stores, and clothing stores, for example. Such similar products and services are not ideal substitutes for each other. In these industries the barrier to entry and exit is low.

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Newport Industries is one of the first producers of a unique consumer product. The company has chosen a low-price strategy, hopi
VARVARA [1.3K]

Answer:

1. False

2. False

3. d. centralizing its decision making to better control its total quality management program

4. a.

5. True

Explanation:

1. Remember, a skimming strategy does the opposite–where a company chooses the highest possible price not the lowest price for their product when entering the market.

2. Indeed, this has impacted on production techniques in recent years. For example, from labour intensive car factories in the past we now have fully automated car factories that require very few workforce.

3. Remember, centralization results when there are fewer people in the line of authority. Therefore, if Brights Electronics decision to reorganize and significantly trim its middle management would result in centralized decision making and a better control its total quality management program.

4. Note that the promotional mix involves target based marketing, therefore each target market may have unique characteristics. And to attract each target market would involve establishing a promotional strategy that can reach multiple targets rather than developing a separate promotion mix for each target group.

5. An inverted organization is one that has a reversal from the normal line of authority found in most organization. Instead of top to bottom it now bottom to top. This implies that the manager who normally would play major role in deciding strategies to be taken doesn't, but the bottom line employees performs that responsibility. Thus, School Days Center can be rightly called an inverted organization.

4 0
3 years ago
A good reason for cutting meats and poultry into thin slices for sandwiches is that
stiks02 [169]
<span>A good reason for cutting meats and poultry into thin slices for sandwiches is that thin cuts are more delicate, a sandwich produced using dainty cuts is less demanding to eat and many thin cuts make a thicker sandwich than maybe a couple thick cuts of a similar aggregate weight.</span>
7 0
3 years ago
Based on the following information for Montana​ Investments, Inc., compute the rate of return on total assets.​ (Round the perce
11Alexandr11 [23.1K]

Answer:

Return on Total asset is 16.18%.

Explanation:

Total​ Assets, December​ 31, 2019 $195,000

Total​ Assets, December​ 31, 2018 $151,000 For Year Ended December​ 31, 2019

Interest Expense $7,000

Net Income $28,000

Return on Total Asset = Net Income / Average total Assets

Return on Total Asset = $28,000 / $173,000

Return on Total Asset = 0.1618 = 16.18%

Average total Assets = ( Beginning Assets balance + Ending total Assets balance ) / 2

Average total Assets = ( 151,000 + 195,000 ) / 2 = $173,000

3 0
3 years ago
Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory, $176 million; and
garri49 [273]

Answer and Explanation:

The computation of the current ratio and the acid ratio is shown below:

The current ratio is

= Current assets ÷ current liabilities

= ($96 + $88 + $176 + $12) ÷ ($86 + $29)

= $372 ÷ $115

= 3.23 times

And, the quick ratio is

= Quick assets ÷ current liabilities

= ($372 - $176) ÷  ($86 + $29)

= $196 ÷ $115

= 1.70 times

Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively

5 0
3 years ago
If the fed sells a u.s. government bond to a bank, what is the effect on the money supply?
alexdok [17]

When the Fed purchases bonds on the open market, it expands the amount of money available to the general public by exchanging the bonds for cash. In contrast, if the Fed sells bonds, it reduces the money supply because it takes money out of circulation in return for bonds.

<h3>What is money supply?</h3>

Lower interest rates are often a result of increased money supply, which leads to more investment and more money in consumers' hands, which in turn boosts consumption. In response, companies place larger orders for raw materials and boost output.

People like to hold more money while interest rates are falling than when they are rising, and vice versa. Another method for bringing the money supply and demand into balance is through price changes. When people have more nominal money than they need, they spend it more quickly, driving up prices.

When the Fed purchases bonds on the open market, it expands the amount of money available to the general public by exchanging the bonds for cash. In contrast, if the Fed sells bonds, it reduces the money supply because it takes money out of circulation in return for bonds.

To learn more about money supply refer to:

brainly.com/question/1456933

#SPJ4

4 0
2 years ago
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