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Natalija [7]
2 years ago
13

Select the four common tools managers use to analyze competitive intelligence and develop competitive advantages. SWOT Analysis

Business
1 answer:
iragen [17]2 years ago
3 0

Answer:

Competitive Advantage refers to those attributes which makes a company's products stand out in the market against those of it's competitors and helps it gain a competitive edge.

Managers usually use the following four tools to analyze competitive intelligence to develop competitive advantages:

  1. Michael Porter's generic strategies
  2. Michael Porter's five forces model
  3. Value Chain analysis which aims to identify the value added at each level of production and assign extra importance to those stages which contribute immensely to a product's value.
  4. SWOT Analysis which is strengths weaknesses opportunities and threats. To maximize strengths, identify and limit weaknesses, sense and grab opportunities and minimize or avoid threats.

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Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l
OLga [1]

Answer: 0.27 loaves per dollar

Explanation:

Given that,

Bakery currently makes(Output) = 1,800 loaves per month

Paid Employees = $8.00 per hour

Constant utility cost = $800 per month

Ingredient cost = $0.40 × 1,800

                         = $720

Wages = 640 work hours × $8.00 per hour

           = $5,120 per month

Total cost (Input) = Ingredient cost + Wages + Constant utility cost

                = $720 + $5,120 + $800

                = $6,640

Where,

O/P - Output

I/P - Input cost

current multi factor productivity = \frac{O/p}{I/P\ cost}

                                                     =  \frac{1,800}{6,640}

                                                     = 0.27 loaves per dollar

3 0
3 years ago
Ang Electronics, Inc., has developed a new DVDR. If the DVDR is successful, the present value of the payoff (when the product is
omeli [17]

Answer:

The NPV of going directly to market and the NPV of test marketing before going to market is $22.5 million and  $24.97 million respectively

Explanation:

The computation of the NPV of going directly to market is shown below:

=  Present value of the payoff i.e market × success percentage + Present value of the payoff × failure percentage

= $33.5 million × 50% + $11.5 million × 50%

= $16.75 million + $5.75  billion

= $22.5 million

And, The computation of the NPV of going directly to market is shown below:

=  (Present value of the payoff i.e market × success percentage + Present value of the payoff × failure percentage) ÷ ( 1 + discount rate) - spending amount

= ($33.5 million × 80% + $11.5 million × 20%) ÷ ( 1 + 0.11) - $1.25 million

= ($26.80 million + $2.30  million) ÷ (1.11) -  $1.25 million

= ($29.10 million) ÷ (1.11) -  $1.25 million

= $24.97 million

4 0
3 years ago
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to ca
iogann1982 [59]

Suppose in studying Climate Change we discover that in one country, deserts are going to be created where formerly there was grasslands and an abundance of water and in another place the coastlines are going to be altered. If you are an American, how do you think a politician is going to respond to such a problem.

Will his/her response be well thought out based on scientific preparedness, or will he (or she) grab onto the first solution suggestion to him/her and try and implement that?

Whatever he/she does, it will cost and everyone will be affected. A starting place is to find out what presidents in the past have done. During the Bush administration (the second Bush), there was an oil crisis. He responded by allocating more acreage to the growing of corn so supplementing oil production. Replaceable resources for non renewable ones. Sounded like a very good solution, but was it? As it turned out, no. He was robbing Peter to pay Paul. Thousands of people suffered (and died) with that decision because food is much more important than solving transportation problems at the expense of food.

The same is true here. If a solution is sought for global warming, politicians have to be well aware of what they are doing. And that has to be studied very carefully.

6 0
3 years ago
Total Product Cost and Per-Unit Product Cost Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint,
umka21 [38]

Answer:

Total product cost for last week= $120,000

Unit cost per hockey=  $240

Explanation:

Total product cost is the sum of direct material cost, direct labour and  overhead

Direct material cost is the costs of all specific materials required to product a product. For example, wood, paint for making chairs.

Direct labour : the cost of the man hours used directly for the purpose of production.  wages of carpenters working on the chairs. It is arrived as <em>active hours used for production × wage rate per hour.</em>

Overhead :Sum of the indirect costs. indirect costs. These include expenditures on materials , labour and expenses incurred not specifically for a particular product. Examples are, cost of detergent for cleaning the toilets, salaries of the accountant, rent of the factory, e.t.c.

Total product cost for last week

= $32,000 + $28,0000+ $60,000= $120,000

Cost per product = Total product cost/ units produced

 Unit cost per hockey= $120,000/500= $240

5 0
3 years ago
Products are invented and revised by which department? marketing production research and development finance 2. what is the indu
Vanyuwa [196]

1. The answer is <u>"research and development".</u>


Research and development alludes to innovative exercises embraced by organizations or governments in growing new administrations or items, or enhancing existing administrations or products. Research and improvement constitutes the primary phase of advancement of a potential new administration or the creation procedure.  

Research and development are exceptionally hard to oversee, since the characterizing highlight of research is that the analysts don't know ahead of time precisely how to achieve the coveted outcome.  


2. The answer is <u>"capstone courier".</u>


Client buys and sensor organization money related outcomes are accounted for in an industry pamphlet called the Capstone Courier.  

Successful organizations will think about the Courier to comprehend the commercial center and discover openings. As the reenactment advances and systems are executed, organization results will start to shift.  


3. The answer is <u>"wage increases".</u>


Production department refers to a department that is straightforwardly associated with assembling items. Illustrations are the machining, completing, and collecting offices.  

Production is the useful territory in charge of transforming contributions to completed yields through a progression of generation forms. The Production Manager is in charge of ensuring that crude materials are given and made into completed merchandise successfully. He or she should ensure that work is completed easily, and must manage methods for making work more productive and more charming.  


4. The answer is <u>"Borrowing Long-term debt , Borrowing Short-term debt and Issuing Stock".</u>


Short-term debt alludes to any money related commitment that is either due inside a year time frame or due inside the current monetary year. The estimation of the transient obligation account is imperative while deciding an organization's execution.  

Notwithstanding any short-term debts due inside a year, there might be a segment of long-term debt that is likewise incorporated into this record. This part relates to installments that must be made on any long-term debt throughout the year.


5. The answer is <u>"marketing department".</u>


The Marketing Department assumes a fundamental part in advancing the business and mission of an organization.A advertising division advances your business and drives offers of its items or administrations. It gives the important research to recognize your objective clients and different groups of onlookers. Contingent upon the organization's various leveled association, a promoting executive, director or VP of advertising may be in charge.  

6. The answer is<u> "true".</u>


A proforma is being characterized as a standard record or proclamation in respects with back that could be alluded to as a technique utilized in methods for ascertaining the money related outcomes that are given.  

Proforma financial statements are utilized for a full scope of budgetary examination and ought to be made toward the start of each money related arranging cycle or at whatever point an association is thinking about a stage that could have a huge monetary effect.

8 0
3 years ago
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