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creativ13 [48]
3 years ago
7

A bakery owner decides to offer only wedding cakes and special event cakes because other bakeries in the area offer so many prod

ucts, and the owner believes her business can be known as "the place" to get a specialty cake.
Which of Porter's competitive strategies does this demonstrate?
Differentiation
Business
1 answer:
Sedaia [141]3 years ago
8 0

Answer:

Differentiated Strategy

Explanation:

The reason is that the Bakery owner will now selll wedding cakes which means the bakery owner will sell extra ordinary cake which it desires to target a specific customer segment (wedding couples). The price charged on such cakes will be higher than an ordinary cake because of the extra ordinary cake specialty. The company that targets a specific customer segment due to its unique product also charges higher because its product is different from the rest of the products of the competitors. A well known saying is "Quality has costs", this means the bakery would charge higher to wedding couples because they are offering better quality product due to their experience and specialization.

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E Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's normal
dolphi86 [110]

Answer: $91120

Explanation:

The The monthly financial advantage (disadvantage) for the company will be calculated thus:

Incremental revenue = (3400 × $90.40) = $307360

Less: Incremental Cost

Direct material (3400 × $49.60) = $168640

Direct labor (3400 × $9.5) = $32300

Variable manufacturing overhead = (3400 × $2.5) = $8500

Variable selling & administrative expense = (3400 × $2) = $6800

Total incremental Cost = $216240

Therefore, the monthly financial advantage will be:

= $$307360 - $216240

= $91120

4 0
3 years ago
Which of the following statements about Generally Accepted Audit Standards are true?
lidiya [134]

Answer:

B) I and III

Explanation:

Generally Accepted Audit Standards are used for auditing private companies. They provide systematic guidelines to auditors when conducting audits on companies' financial statements. They check for the auditor's verifiability of the company's compliance  to the Generally Accepted Accounting Principles (GAAP) as well as  their accuracy and consistency of their records. Therefore, choices I and III are correct.

8 0
2 years ago
Nation A builds a new highway next to citizens’ properties. In the months following, littering as well as several highway accide
nikitadnepr [17]

Answer:

the government's sovereign immunity

Explanation:

In the US, the federal and state governments have sovereign immunity which means that they cannot be sued unless they agree to it. In the US, the federal government waived their immunity protection from a series of possible torts through the Federal Tort Claims Act. But that law does not include litter or accidents occurring in highways.

Sovereign immunity basically states that the federal government cannot be sued for its actions unless those actions are included in the Federal Tort Claims Act. To be able to sue a state government other rules apply, specially regarding the circumstances around the reason for the claim.

7 0
2 years ago
Which financial statement would best display a company's plant, property, and equipmnt used everyday
yuradex [85]

Answer:

Balance sheet

Explanation:

Balance sheet is referred to as the statement of assets and liabilities. Property plant and equipment are shown in balance sheet with a schedule of addition, deletion and depreciation is attached to it. Hence, the financial statement that would best display a company's plant, property and equipment used everyday is the Balance sheet.

4 0
3 years ago
Checking and rechecking work for mistakes is an example of
Keith_Richards [23]
The Answer is A Paying attention to detail I just took the Apex test
7 0
3 years ago
Read 2 more answers
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