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Anastasy [175]
3 years ago
5

In order to implement a cost-leadership strategy effectively, a ________ structure is preferred in a firm. functional and organi

c functional and mechanistic simple and organic simple and m-form
Business
2 answers:
Delvig [45]3 years ago
8 0
In order to implement a cost-leadership strategy effectively, a <span>functional and mechanistic</span> structure is preferred in a firm. The cost leadership strategy in business was developed by Michael Porter regarding competitive advantage. The ultimate goal is to achieve the lowest cost of manufacturing and operating your product within the industry. 

kicyunya [14]3 years ago
3 0

The answer to filling in the missing parts is <u><em>functional and mechanistic</em></u>

<h2>Further explanation </h2>

The cost leadership strategy is a low-cost competitive strategy aimed at broad markets and requires "aggressively building, efficient scale facilities, intense price reductions, strict cost and cost control, avoidance of marginal customer-customer delays, and minimizing costs such as R&D, services, salespeople, advertisements and so on. Low prices serve as a barrier to competitors entering the industry, and only a few can match the cost advantage of leaders.

To carry out this strategy, companies must ensure that the total cost across the entire value chain is lower than the total cost of competitors in two ways, namely:

  1. Carrying out value chain activities more effectively than competitors and controlling various factors that might boost the costs of value chain activities.
  2. Update the company's entire value chain to eliminate or cut activities that add costs.

Low-cost leadership strategies will be very effective in the following conditions:

  1. when competing prices between competing sellers are very tight
  2. When competing seller products are essentially the same and supplies are available from all sellers.
  3. When there are several ways to achieve product differentiation that has value for buyers.
  4. When most buyers use the product in the same way.
  5. When the buyer only incurs a small cost to move to buy from one seller to another seller.
  6. When buyers are so large and have the significant bargaining power to ask for a price reduction.
  7. When new industrial entrants use low introductory prices to attract buyers and build a consumer base.

Learn more

Cost leadership strategy brainly.com/question/6214273, brainly.com/question/7425242

Details

Class: High School

Subject: Bussines

Keyword: Cost leadership strategy.

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Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2023.The following items are taken f
Aliun [14]

Answer:

A) See attached file for Balance Sheet

B) Current ratio = 1.26

C) Debt to Asset ratio = 18%

The Current ratio tells us that the company has 1.26 dollars of current assets to cover 1 dollar of current debt. That is a good thing, but to know if it´s enough covers, further information is needed. Others ratios can help to complete the picture as for example, quick ratio, assets turn over, inventory turn over, receivables turn over, etc. The debt to assets ratio. Tells us that the company owes 18% of its assets. The rest belongs to the stockholders. Again, it´s a good thing, but further information can help us to know if the company can invest in new projects, financing it with debt in a profitable way, for example, if Return on Assets is higher than debt rate.

Explanation:

B) Current ratio = Current Assets / Current Liabilities

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The current ratio measures a company's ability to pay short-term obligations or those due within one year, by relating current assets with current liabilities (liquidity ratio). The debt to total assets ratio shows the percentage of a company's total assets that were financed by creditors (financial ratio).  

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Answer:

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-Everyday low pricing is when companies offer low prices on their products all the time.

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