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dimulka [17.4K]
3 years ago
7

Which statement regarding competitive advantages is true? Select one: a. With an overall cost leadership strategy, firms need no

t be concerned with parity on differentiation. b. If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer. c. In the long run, a business with one or more competitive advantages is probably destined to earn normal profits. d. Attaining multiple types of competitive advantage is a recipe for failure.
Business
1 answer:
kifflom [539]3 years ago
6 0

Answer:

Letter b is correct.<u> If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer.</u>

Explanation:

This statement is the most appropriate to answer this question about competitive advantages, because a competitive advantage can be described as a certain advantage that an organization has in relation to its competitors. Some of these advantages may be greater access to raw materials, more qualified labor, barriers to entry, geographic location, differentiation of products and services, etc.

Therefore, when several competitors adopt similar differentiation tactics, the consumer does not have enough attributes to differentiate one brand from another, so all competitors can be perceived as equal in the consumer's mind.

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Which of the following sentences presents the bad news most effectively?
dsp73

Answer:

D. To keep our costs low and our prices competitive, Nelson Hardware only offers refunds for unused merchandise returned within 30 days with a receipt.

Explanation:

It is challenging to present bad news effectively. The managers or leaders have to deal with it in their day-to-day activities.

A. The first option is a direct "No". Therefore it is a piece of direct lousy news. It cannot represent an effective way of presenting bad news.

B. The second option tells the situation from the formal way of showing bad news. However, it does not represent any effectiveness.

C. The third choice shows the negative form of acknowledging faulty news. In this case, bad news becomes worse.

E. The last option suggests the same way as the first choice represents.

D. The fourth choice shows courtesy, formal business communication, and effectiveness by reasonably saying all the things. Therefore, when the conversation represents the formal business exercise or application, it presents a piece of bad news effectively.

4 0
3 years ago
The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a
ira [324]

Answer:

The​ classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

4 0
1 year ago
The Candle Shop experienced the following events during its first year of operations, 2016:
Alik [6]

Answer:

(1) Acquired cash by issuing common stock. - Asset sources

(2) Paid a cash dividend to the stockholders.  - Asset use

(3) Paid cash for operating expenses.  - Asset use

(4) Borrowed cash from a bank.  - Asset sources

(5) Provided services and collected cash.  - Asset source

(6) Purchased land with cash.  - Exchange transaction

(7) Determined that the market value of the land is higher than the historical cost.  - Neither of all

Explanation:

1) The issue of stocks by the Shop for cash means there would be an increase in cash as well as equity

2) Payment of dividend requires an outflow of cash and as such asset is being used

3) Payment of cash for operating expenses also requires an outflow of cash and therefore an asset use

4) Borrowing cash from the bank is a liability that increases the cash (asset base of the shop) and therefore an asset source

5) Provision of services leads to revenue that leads to cash inflow and therefore an asset source

6) Purchase of land with cash involves an outflow of cash but increase in land and hence an exchange of cash for land in the asset base of the shop

7) Determining that the market value of land is higher that the historical cost does not directly reflect an accounting transaction as according to US GAAP all fixed assets are accounted for using the historical cost model which stipulates that non-current assets are initially recognized at cost and are subsequently carried at cost less accumulated depreciation and cumulative impairment losses.

Any upward adjustments due to changing circumstances are prohibited.

7 0
3 years ago
You own a stock portfolio invested 32 percent in Stock Q, 19 percent in Stock R, 38 percent in Stock S, and 11 percent in Stock
olasank [31]

Answer:

Portfolio beta = 1.2963

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,

Portfolio beta = wA * Beta of A + wB * Beta of B +  ....  +  wN * Beta of N

Where,

  • w represents the weight of each stock in the portfolio

Portfolio Beta = 0.32 * 1.01 + 0.19 * 1.07 + 0.38 * 1.47 + 0.11 * 1.92

Portfolio beta = 1.2963

4 0
3 years ago
Oakmont Company closes its accounts on December 31 each year. The company works a five-day work week and pays its employees ever
olya-2409 [2.1K]

Answer:

A. Dr Salaries Expense$4,700

Cr Salaries Payable$4,700

B. Dr Retained Earnings$250,000

Cr Salaries Expense$250,000

Explanation:

Preparation of Journal Entries

Preparation of Journal entry for the Accrue salaries payable on December 31:

Based on the information given we were told that he accrued the amount of $4,700 of salaries payable which means that the Journal entry will be recorded as:

Dec.31

Dr Salaries Expense$4,700

Cr Salaries Payable$4,700

(To record accrued salaries=

b. Journal entry to Close the Salaries Expense account on December 31

Based on the information given we were told that the account has a year end balance of the amount of $250,000 after adjustments has been made which means that the Journal entry will be recorded as:

Dec.31

Dr Retained Earnings$250,000

Cr Salaries Expense$250,000

(To close the Salaries Expense account)

6 0
3 years ago
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