1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zepelin [54]
3 years ago
6

Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the res

taurant has a large customer base due to its wide product portfolio and superior customer service. Which of the following generic business strategies has Beach Grub adopted in this scenario?
A. Differentiation
B. Market Penetration
C.Product Diversification
D. Cost-Leadership
Business
1 answer:
NikAS [45]3 years ago
4 0

Answer:

A. Differentiation strategies

Explanation:

  • Different strategies seek to create greater value for their customers by creating goods and services that offer unique features that make them competitors. This is done by trying to keep the same or similar (perhaps slightly more expensive) price level as the competition.
  • In this case Beach Grub offers a variety of services, keeping its prices higher than competing but not more than luxury restaurants.
You might be interested in
The demand for money is the relationship between the quantity of money demanded and the​ _____, when all other influences on the
Maslowich

Answer:

The correct answer is letter "D": nominal interest​ rate; hold.

Explanation:

The demand of money refers to the amount of money people prefer to hold in cash instead of investment vehicles or assets. The demand for money is proportional to individuals' income and the interest rate. According to this approach, when the interest rates are higher, people prefer to invest. When interest rates fall, people prefer to hold cash.

Therefore, <em>the demand for money explains the relationship between the quantity of real money demanded and the nominal interest rate that people prefer to keep, remaining the same all other factors that influence the amount of money.</em>

5 0
3 years ago
Identify the outcomes when a manager views supply chain operations as a collection of processes rather than a collection of depa
RoseWind [281]

Answer: Managers and workers can view operational activities from a customer's perspective

Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy

Explanation:

Supply chain operations refers to the structures, systems, and processes that are put in place for the execution of the flow of goods and services from the supplier to the customer.

The outcomes when a manager views supply chain operations as a collection of processes rather than a collection of departments or functions include:

• Managers and workers can view operational activities from a customer's perspective.

• Operation Managers can better ensure that the operational capabilities they create are consistent with the firm's strategy.

7 0
2 years ago
Which of the following is NOT a step in the strategic planning process?A) defining the company missionB) setting company objecti
Colt1911 [192]

Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

Explanation:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy

4 0
3 years ago
Honda has developed aluminum car bodies that are 100% recyclable and light enough to help conserve fuel. What kind of response i
andreyandreev [35.5K]

Answer:

b. Proactive

Explanation:

Proactive response is a corporate response in which the corporate anticipates or identifies the problem and develops ways and methods to reduce the impact or eliminate the problem.

Here in the question development of recyclable aluminium car bodies will actively help in reducing the demand of the fresh aluminium.

Also,

the reduction or the conserving of fuel will help reducing the fuel demands which is among the major source of CO₂

6 0
3 years ago
Evergreen Air Center is the world's biggest parking lot for unwanted aircraft. Airlines pay a monthly fee from $750 to $5,000 to
anyanavicka [17]

Answer:

a Competency

Explanation:

Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.

Competencies are the sum total of skills, knowledge and capabilities.  These are developed over time with application of skills and knowledge.

In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.

This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.

4 0
3 years ago
Other questions:
  • Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a
    6·1 answer
  • What is consideration​
    8·1 answer
  • A firm recently issued $1,000 par value, 20-year bonds with a coupon rate of 9%. Coupon interest payments will be paid semi-annu
    10·1 answer
  • Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
    6·1 answer
  • Sheffield Corp. has 285,000 shares of $8 par value common stock outstanding. It declares a 13% stock dividend on December 1 when
    10·1 answer
  • Henry Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning o
    9·1 answer
  • On July 1, 2020, when the market rate of interest was 12%, TTS Corporation issued $100,000 of 10%, 10 year bonds, interest payab
    9·1 answer
  • QUESTION 6 of 10: A business with two owners where the profits are taxed as income to the owners is most likely a:
    7·1 answer
  • In an economy open to international trade ________.
    13·1 answer
  • Which type of delivery format would be the best choice for the keynote speech that welcomes employees?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!