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Natasha_Volkova [10]
4 years ago
14

A differentiation strategy is based on creating a product that customers perceive as being: a. cheaper, but inferior to the avai

lable products. b. the least costly product in the industry. c. superior to other available products. d. the same as other available products. e. the most costly product in the industry.
Business
1 answer:
inna [77]4 years ago
8 0

Answer:

c. superior to other available products.

Explanation:

When using the differentiation strategy, a business aims to distinguish itself from the competition by offering a product or service that is perceived as unique or better when compared to what is currently available on the market. Therefore, the alternative that best fits this description is alternative c. superior to other available products.

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Miller Safety Equipment uses multiple production department rates to apply overhead to products. The company will allocate suppo
natita [175]

Answer:

c.used by the department

Explanation:

Since in the question it is mentioned that Miller Safety Equipment uses multiple production department rates so that it applied the overhead to products.

And according to that the allocation of support department cost to production

Here, the multiple production department rates are used so the support activity should be only used by the department.

5 0
3 years ago
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.

Thus, the weekly benefits are not included in this and the above statement is incorrect.

4 0
3 years ago
Why was it particularly important to latino activists to gain political rights?
const2013 [10]
It was <span>particularly important to Latino activists to gain political rights </span>because they wanted to participate in democracy so that they could have a voice in making decisions that affected them.

Hope that helps. -UF aka Nadia

6 0
3 years ago
What is the term used to describe product attributes that attract certain customers and can be used to form the competitive posi
Nikitich [7]

Answer:

What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?

Competitive dimensions.

Explanation:

In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.

The following competitive dimensions can be considered, namely;

1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.

2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.

3. Price and cost: these include selling price and the service costs.

3 0
3 years ago
Hudson Co. reports the contribution margin income statement for 2015. HUDSON CO.Contribution Margin Income StatementFor Year End
dsp73

Answer:

1) $60 2) 25% 3) 5,400 units 4) $1,296,000

Explanation:

Part 1: Compute the Contribution Margin Per Unit based on the new selling price of $240

= New Selling Price - Variable Cost per unit = $240- $180 = $60 per unit

Part 2) Compute Hudson Co's contribution Margin Ration

= The Contribution per unit (determined in step 1 )/ Selling Price x 100

= 60/240 x 100= 25%

part 3)   Compute Hudson Co.'s break-even point in units.

the formula = Fixed cost/ contribution margin per unit pre-determined

= $324,000/ $60 = 5,400 units

Part 4) Compute Hudson Co.'s break-even point in sales dollars.

The formula = Fixed cost/ the predetermined Contribution margin

= $324,000/25%= $324,000/0.25 = $1,296,000

7 0
3 years ago
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