Complete/Correct Question:
Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derived most of their profits from extended warranties. According to the Stalk and Lachenauer book, this is an example of the strategy to
A) plagiarize with pride.
B) deceive the competition.
C) devastate rivals profit sanctuaries.
D) unleash massive and overwhelming force
Answer:
c, devastate rivals profit sanctuaries
Explanation:
For Walmart to start making as much or more profits than its rival, Best Buy, it decided to head in the same direction as Best Buy by offering low-priced extended warranties on home electronics.
This action simply means that Walmart has infiltrated the profit strategy system of Best Buy and is using that a a competitive edge to also increase customer base as people will prefer to go Walmart as it has become cheaper.
Devastating rivals profit sanctuaries therefore means targeting the area or strategy of rivals to make more profit.
Cheers.
Answer:
Range
Explanation:
Range is the term which is used to describe the maximum distance which the consumers or customers are prepared or willing to travel in order to acquire the goods or to use a service.
It is because at some point, the expense or the inconvenience which will outweigh the requirement of the good.
And there are two types of range, one is small rage and other is large range.
Small range is the range which the people are willing to go only a distance which is short for the everyday consumers services like the pharmacies, grocery. While the large range is the range which will people travel the longer distances for the other services like ball game.
Answer:
a.
Net Exports 2015 are - $471.4 billion.
b.
Net Exports 2016 are - $552.1 billion.
Explanation:
The net exports for a country is the difference between the value of exports and the value of imports of a country over a certain period of time. The amount of net exports can be wither positive or negative depending upon the value of exports being in excess of the value of imports or not. The formula for net exports is,
Net Exports = Value of Exports - Value of Imports
a.
Net Exports for 2015 = 2344 - 2815.4
Net Exports for 2015 = - $471.4 billion
b.
Net Exports for 2016 = 2372.7 - 2924.8
Net Exports for 2016 = - $552.1 billion
Answer:
D : $88,800
Explanation:
<u>Cost of goods manufactured :</u>
Direct Material used in production $
21,300
Indirect Material used in production $ 3,700
Direct Labour $
34,100
Direct Labour $ 5,900
Manufacturing overhead <u> $ 16,600 </u>
Total Manufacturing cost $ 75100
Add:Beginning Work in process inventory $7,200
Less: Ending Work in process inventory <u>$ 0 </u>
Cost of Goods Manufactured <u>$88,800</u>
Answer:
$165
Explanation:
The working capital of organization is the difference between the current assets and the current liabilities of the organization. It shows if a company has enough short term assets or asset that can be converted quickly to cash to settle obligations that will arise in the short term.
Working capital as at December 31, 2015
=$1,105 - $915
=$190
Working capital as at December 31, 2016
=$1,320 - $955
=$365
Change in working capital in 2016
= $365 - $190
= $165
