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lisov135 [29]
3 years ago
7

The initial step in channel stewardship is mapping the channels of a given industry. It calls for analyzing four major forces th

at drive the evolution of distribution channels in that industry. Which is an example of one of the four forces affecting channel strategy?
a) Barriers to entry in the industry
b) Intensity of competition among suppliers
c) Channel capabilities and costs
d) Availability of substitute products
Business
1 answer:
zhuklara [117]3 years ago
4 0

Answer:

C) Channel capabilities and costs

Explanation:

the four forces for mapping industry channels are:

  1. customer wants and needs : provide as much customer value as cheaply as possible
  2. channel capabilities and costs: how can we (or the members of our distribution channel) provide value to our customers
  3. channel power and influence: what company holds the power to influence other companies in the distribution channel
  4. competitive postures and actions: how can our competitor deliver value
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For each of the following businesses. what is the likely fixed factor of production that defines the short run?a. Golf courseb. M
erastova [34]

Explanation:

In the short run, there must be at least one fixed factor of production.

Fixed factor of production: refers to the idea of when the quantity of a factor of production can't be changed over a fixed time period.

Total fixed cost stays the same whether the production increases or decreases.

Example:

The fixed factor of production in case of a dentist are; office rent and some of the dental equipment.

Capital cost is usually the most common fixed factor of production in the short run. Other common fixed factors of production include; rent, insurance, utility bills, and certain salaries

a. Golf course

Capital cost of land, golf carts, golf equipment costs are most likely to be fixed factors of production.

b. Movie theater

Rental, Insurance, and utility bills costs are most likely to be fixed factors of production, whereas ticket sales, popcorn and soft drinks sales depend upon the number of customers hence they are variable factors of production.

c. Law office

Office rent, utility bills, certain staff salary costs are most likely to be fixed factors of production.

d. Brewery

Capital cost of land, brewing equipment costs are most likely to be fixed factors of production.

e. Amusement park

Capital cost of land, rides, infrastructure etc costs are most likely to be fixed factors of production.

8 0
2 years ago
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 130,000 units of basic, 508,000
katrin [286]

Answer:

the total contribution margin if Bricktan chooses the most profitable sales mix is $27,000,000

Explanation:

It is important to note that the limiting factor identified is the production hours.

<em>Step 1 Calculate Contribution per limiting factor of each product</em>

Basic

1 unit requires 0.1 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

                                                    = $15/0.10

                                                    = $150

Classic

1 unit requires 0.125 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

                                                    = $25/0.125

                                                    = $200

Deluxe

1 unit requires 0.25 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

                                                    = $55/0.25

                                                    = $220

<em>Step 2 Rank the products </em>

1st = Deluxe

2nd = Classic

3rd = Basic

<em>Step 3 Determine the production mix</em>

Product                  Total hours demanded                Balance

Capacity                                                                       134,000

Deluxe                   (230,000×0.25) =  57,500             76,500

Classic                   (508,000×0.125) = 63,500             13,000

Basic                      (130,000×0.1)     =  13,000                  0

<em>Step 4 Calculate total contribution</em>

Deluxe                   (230,000×$55) =  12,650,000          

Classic                   (508,000×$25) =  12,700,000            

Basic                      (130,000×$15)   =  1,650,000

Total                                                 =  27,000,000              

7 0
3 years ago
If you were a manager who made sure that rewards were distributed to your employees fairly based on their performance and that e
ale4655 [162]

Answer:

A)equity theory.

Explanation:

From the question, we were informed that, if I'm a manager who made sure that rewards were distributed to my employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, In this case, I would be using equity theory. Equity theory, which is also known as Adams equity theory explained that a fair balance should exist between the input of an employee and the output, the input in this sense could be employee's skills, hardwork, the output as well could be the salaries, recognition given to employees. It should be noted that Equity theory allows to know how fair is the distribution of resources to relational partners.

6 0
2 years ago
Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th
Alinara [238K]

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

7 0
3 years ago
Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each o
frutty [35]

Answer:

cumulative discounts

Explanation:

Options:

  • A) allowance
  • B )cash
  • C) seasonal
  • D) noncumulative
  • E) cumulative

A cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.

6 0
3 years ago
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