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rjkz [21]
3 years ago
7

Limitations of the _____ budgeting method include not allowing firms to exploit the unique opportunities or problems they confro

nt in a market. if all competitors use this method to set communication budgets, their market shares will stay approximately the same over time.
Business
1 answer:
inna [77]3 years ago
5 0
The appropriate response is a competitive parity. Competitive parity spending is a cautious technique that can help a business ensure its image or item's focused position in the commercial center without overspending. Additionally called protective planning.
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What are value drivers? a set of factors (analogous to cost drivers) that are particularly effective in having a strong differen
asambeis [7]

Answer:

A set of factors (analogous to cost drivers) that are particularly effective in having a strong differentiation effect

Explanation:

Value drivers refers to the value addition to a product or a service by a firm, which drive customers towards purchasing such products. Such additions also help distinguish a firm's own products from those of the competitors.

Value drivers could be in the form of using superior latest technology or creation of better brand awareness, etc. Such drivers also help the firm attain a competitive advantage over it's rivals.

Competitive advantage refers to possession of some unique resource or skill, which is hard to be replicated by the rival firms and which helps such a firm gain a competitive edge in the industry. For example, highly skilled workforce.

A firm strives to add more and more of such value drivers so as to gain competitive advantage in as many business spheres as possible and realize it's business goals effectively.

8 0
3 years ago
After a recent divorce, Mary is trying to get her finances in order. She has taken full-time work at the university but is unsur
zzz [600]

Answer:

you see if i were mary

Explanation:

i would just restart my whole life and take all the negitive things out of my life and focus on the positive. she should keep her house and still continue to work

4 0
3 years ago
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its rela
Vera_Pavlovna [14]

Answer:

Total Quality Management (TQM)

Explanation:

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is <u>Total Quality Management (TQM)</u>

Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.

There are several tools used in total quality management (TQM):

  • Continuous improvement.
  • Six Sigma.
  • Employee empowerment.
  • Benchmarking.
  • Just-in-time.
  • Taguchi concept.
  • Knowledge of TQM tools.
8 0
3 years ago
1. Put the steps for creating a Trial Balance in the correct order.
Setler [38]
C.prepare a list of ledger accounts used in the business
b.balance the ledger accounts
a.total the debit column of the trial balance and then total the credit column of the trial balance
d.transfer.the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit,balance the debit side of the trial balance.if the ledger account shows a credit,balance the credit side of the trial balance.
8 0
4 years ago
Sylvia records the purchases of inventory in the current accounting period even though she will actually pay for the inventory i
Sergio [31]

The answer is: C.accrual basis of accounting

Accrual basis of accounting would record a certain transaction as soon as it happen, even though an exchange of payment has not been made. Compared to any other basis, accrued basis tend to the most likely to represent the actual financial condition of a company. This is why this basis is used as the current industry standard.

6 0
3 years ago
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