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Andrew [12]
3 years ago
5

The five forces model suggests that firms should target the industry with the highest potential for above-average returns and th

en implement either a cost-leadership strategy or a differentiation strategy.
True/False?
Business
1 answer:
EastWind [94]3 years ago
6 0

Answer: True

Explanation:

The following given statement is true. Porter's Five Forces model is referred to as or known as the framework for evaluating or analyzing an organization's competitive environment. The power and number of an organization's  competitive rivals, suppliers, new market entrants, customers, and the substitute products, commodity influence an organization's profitability.

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Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who
beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity             average hours per unit               total hours

1                                                    12                                               12

2                                                   10.8                                            22.8

3                                                   10.38                                          33.18

4                                                   12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72            42.90

3 0
4 years ago
TJ Maxx, a discount apparel and home decor store, recently added an online retail option. It cautiously promoted this online sho
marishachu [46]
<h2>TJ Maxx wanted to minimize <u>brand cannibalization</u></h2>

Explanation:

A) microtargeting : Micro targeting is basically a marketing strategy to identify the need of the people using "data-mining" technique. Normally used by politicians to get people interest during the time of election.

B) brand cannibalization : It is the reduction of one product due to the release of another new product. TJ Maxx is interested more on people visiting more to shops than online.

C) retail mixing : It constitutes of 6 “P's”. They are presentation, personnel, product, place, promotion, price.

D) retail channel omnification: Activities pertaining to the direct marketing are termed as retail channel omnification.

5 0
3 years ago
Belltone Company made the following expenditures related to its 10-year-old manufacturing facility:
scoundrel [369]

Answer:

The journal entries are as follows:

(1) Accumulated depreciation - Building A/c Dr. $250,000

                To Cash                                                                  $250,000

(To record the replacement of heating system)

(2) Building A/c Dr. $750,000

          To cash                        $750,000

(To record the new wing)

(3) Maintenance expense A/c Dr. $14,000

                To cash                                       $14,000

(To record the maintenance expense)

(4) Equipment A/c Dr. $50,000

           To cash                          $50,000

(To record the new equipment)

6 0
4 years ago
Home Products common stock sells for $36.84 a share and has a market rate of return of 15.8 percent. The company just paid an an
SOVA2 [1]

Answer:

E) 10.95%

Explanation:

Hi, in order to find the "g" or growth rate of this common stock, we need to solve the following equation.

P=\frac{Do(1+g)}{r-g}

Where:

P = Price

g = growth rate

r = market rate of return

Do = last dividend

So, we solve like this

P(r-g)=Do(1+g)

P*r-P*g=Do+Do*g

P*r-Do=Do*g+P*g

P*r-Do=g(Do+P)

\frac{P*r-Do}{Do+P} =g

And now we will have to work with its equivalent numbers

\frac{36.84*0.158-1.61}{1.61+36.84} =g

So, g = 10.95%

Best of luck.

5 0
4 years ago
What phase of the product life cycle is this item in and how you know this? 3D TV
Leviafan [203]

Answer:The part of the life cycle to which the product belongs is that of Maturity.

Explanation:

Since with the established growth, the next stage in the life cycle is Maturity. Businesses at this stage add features that make the product differ from competitors entering the market.

5 0
4 years ago
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