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zepelin [54]
2 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]2 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.
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Increasing the amount of money in the economy results in
Elena-2011 [213]

Answer:

By increasing the amount of money in the economy, the central bank encourages private consumption. Increasing the money supply also decreases the interest rate, which encourages lending and investment. The increase in consumption and investment leads to a higher aggregate demand.

Explanation:

It is important for policymakers to make credible announcements. If private agents (consumers and firms) believe that policymakers are committed to growing the economy, the agents will anticipate future prices to be higher than they would be otherwise. The private agents will then adjust their long-term plans accordingly, such as by taking out loans to invest in their business. But if the agents believe that the central bank’s actions are short-term, they will not alter their actions and the effect of the expansionary policy will be minimized.

7 0
3 years ago
Feather Company's inventory is recorded at its historical cost of $100,000. The replacement cost currently is $95,000; estimated
Liula [17]

Answer:

B. $97000

Explanation:

Given that

Estimated selling price = 102000

Estimated selling cost = 5000

Recall that

The net realizable value which is NRV

= Estimated selling price - estimated selling cost

Thus,

NRV = 102,000 - 5000

= 97000

Therefore, the estimated net realizable value is $97000.

Note, the other parameters listed are not used in estimating NRV.

5 0
3 years ago
Read 2 more answers
Task _____ refers to the amount of information that must be processed to understand the task, the degree of uncertainty about po
Leviafan [203]
The answer is "complexity"
6 0
3 years ago
GDP: Is It Counted and Where? For each of the following items, write one of the following in the space provided: C if the item i
Salsk061 [2.6K]

Answer:

Check the following solutions.

Explanation:

(1) C

Money spent for movie ticket is personal consumption.

(2) I

Purchase of new residential house is included in GDP under fixed residential investment.

(3) NC

Purchase of used good is not counted (to avoid double counting).

(4) C

Money spent for suit is personal consumption.

(5) G

Defense spending is included in government purchase of goods and services.

(6) NC

Social security, being a transfer payment, is excluded from GDP.

(7) NC

Purchase of stocks is excluded from GDP.

(8) I

Unintended inventory is included under Gross private domestic investment.

(9) NC

Unpaid services are excluded from GDP since market value cannot be precisely computed.

(10) I

The robots are physical capital for Ford's business.

(11) C

Rental payment is personal consumption.

(12) I

Building new factory is fixed non-residential business investment.

(13) NC

Transfer of corporate ownership is excluded from GDP.

(14) NX

Purchase of Japanese car is an Import, included under NX.

(15) C

Tuition payment is personal consumption.

4 0
3 years ago
Structuring a Special-Order Problem Harrison Ford Company has been approached by a new customer with an offer to purchase 10,000
jeka57 [31]

Answer:

Effect on income= $7,500 increase

Explanation:

Giving the following information:

Special offer:

Units= 10,000

Price= $5

Production costs:

Direct Materials $1.75

Direct Labor 2.50

Variable Overhead 1.50

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.

Effect on income= number of units*unitary contribution margin

Effect on income= 10,000*(5 - 1.75 - 2.5 - 1.5)

Effect on income= $7,500 increase

3 0
3 years ago
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