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3 years ago

Which of the following is not a potential pitfall of a differentiation strategy?

Business

1 answer:

goldfiish [28.3K]3 years ago

8 0

Answer: Option B

Explanation: Differentiation strategy refers to the strategy in which a firm tries to differentiate itself from the market by developing a unique product that has never been introduced before. It is done with the objective of gaining competitive advantage by starting one's own market base.

However, this has a major pitfall as the product that the consumers might not find that product valuable as much or the production cost would be too high that it lead to premium pricing.

Hence from the above we can conclude that the correct option is B.

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Currently the U.S. Olympic Committee (USOC) pays Olympic athletes $25,000 for each gold medal, $15,000 for a silver medal, and $

Mkey [24]

Answer:

Option A

Explanation:

In simple words, Valence is individuals mental attitude towards result in second order. In this situation, the consequence of the first requirement is title earning and the consequence of that same second order is really the monetary support the competitors receive from either the USOC. Motivational Force (MF) = Survival rate * Instrumentality * Valence as according to Vroom's expectation principle.

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3 years ago

If the price of product x rises, then the resulting decline in the amount purchased will:_____.

MissTica

If the price of product x rises, then the resulting decline in the amount purchased will<u> increase the marginal utility of this good.</u>

The difference in overall utility that results from consuming one extra unit of a good is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy.

When the overall utility is increased by the consumption of an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit. Progressive taxation are frequently defended using the law of diminishing marginal utility.

Negative, zero, or positive marginal utility are all possible.

Hence, option B is the correct answer

To learn more about marginal utility here,

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2 years ago

There are 20 automatic turning machines in the lathe department. Batches of parts are machined in the department. Each batch con

Semmy [17]

Answer:

The capacity of the lathe department is 3200 parts/week. The workers capacity is the bottleneck.

Explanation:

In this case we have to compare the machine capacity and the worker capacity, and detecting shich one is limitating the capacity of the department.

Machine capacity

The time it takes for a machine to process a batch is

$Time_{batch}=T_{setup} + T_{machining}=5+(9/60)*100=5+15=20 h$

In 40-hour week, every machine can process 2 batches/week.

With 20 machines, the capacity of the department is 2*20=40 batch/week (4000 pcs/week).

Workers capacity

With 40-hour week and 5-hours setup, every worker can make (40/5)=8 setups a week.

If the department has 4 workers, the amount of setups that can be done is 4*8=32 setups/week. That means that only 32 batches can be processed per week (3200 pcs/week).

The workers resource is the limitating capacity, and therefore the capacity of the lathe department.

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3 years ago

Unusually sharp, a number in dice and giving direction or quoting a price. A decimal mark, deciding a game or a moment in time t

emmainna [20.7K]

Answer:yes

Explanation:

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3 years ago

Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25

leonid [27]

Answer: