1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad [161]
3 years ago
7

Thomas is the owner of a landscaping company that caters to a very wealthy clientele. His company has struggled to differentiate

itself from the other high-end landscapers in the area, but because he has hired several expensive but highly-qualified team members, Thomas is unable to shift to a cost leadership strategy. Which strategy is most likely to achieve a competitive advantage?
Business
1 answer:
Evgen [1.6K]3 years ago
4 0

Answer: Product differentiation strategy

                                         

Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.

    Hence Thomas should opt  for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.

Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.

You might be interested in
The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 26 percent of its bu
Ghella [55]

Answer: See Explanation

Explanation:

The work done for each day is written below:

Thursday night = 24%

Friday night = 26%

Saturday night = 34%

Wednesday night = 100% - (24% + 26% + 34%) = 100% - 84% = 16%

Let's assume that sales in a week is represented by x. Therefore average sales in week if x = 1 will be 1/4 = 0.25.

Seasonal relative will be:

= Sales in a day /Average sales in a week

Wednesday = 16% / 0.25 = 0.16 / 0.25 = 0.64

Thursday = 24% / 0.25 = 0.96

Friday = 26% / 0.25 = 1.04

Saturday = 34% / .25 = 1.36

3 0
3 years ago
Halpert Hardware Pros, an American retail store, buys most of its inventory from Asian countries. Halpert Hardware Pros would be
Naddika [18.5K]

Answer: rose

Explanation: In the given case, Halpert hardware imports from asian countries,that is, they are on the buying side of the transaction. Therefore, if the value of dollar rises in relation to the currencies of countries from which halpert buys than they will be able to purchase more quantity with the same amount of dollars.

8 0
3 years ago
Altruon Inc., a manufacturing company, has production facilities in three different geographical locations. Production managers
iris [78.8K]

Answer: (D) Synchronous

Explanation:

 The synchronous communication is one of the type of real-time interaction such as phone and face-to-face communication between the two people.

The main benefit of the asynchronous communication is that it allow transmission of message and information between the sender and the receiver without any external type in the clock signal.

In the synchronous communication, the transmission of data or information are transmitted and received at the similar time.

Therefore, Option (D) is correct.

5 0
4 years ago
Corporate decision makers and analysts often use a particular technique, called a DuPont analysis, to better understand the fact
Juli2301 [7.4K]

Answer:

DuPont Equation

The three factors that directly affect a company's ROE (Return on Equity) are:

1. Profit margin

2. Total asset turnover

3. Equity multiplier

Explanation:

The profit margin measures the operating efficiency of the company with higher sales leading to higher profit margins.

The total asset turnover is a financial measure that divides turnover by the total assets.  It shows the efficiency achieved in the use of assets to generate sales revenue.

The equity multiplier measures the financial leverage of the company.  It shows how the use of debts increases the value of the company's equity.

6 0
3 years ago
The days sales in recievable for baker sales is 35 the days sales in receivables for xanadu company is 25 this suggest xanadu is
JulsSmile [24]

Answer:

B. False

Explanation:

The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Swinnerton Clothing Company's balance sheet showed total current assets of $1,800, all of which were required in operations. Its
    6·1 answer
  • Rose industries had 400 units of product ab in their inventory, costing $12 each. 600 more units of product ab were purchased fo
    5·1 answer
  • In what way has westport organizational structure followed its business strategy
    9·1 answer
  • The ___ style of advertising shows ordinary people clearly using a product in a normal setting
    13·1 answer
  • At the beginning of 2017, Sunland Construction Company changed from the completed-contract method to recognizing revenue over ti
    13·1 answer
  • On December 1, Bruney Company introduces a new product that includes a one-year warranty on parts. In December, 1,000 units are
    9·1 answer
  • Question 1
    8·1 answer
  • 3. The idea that service quality depends heavily on the quality of the buyer-seller interaction
    12·1 answer
  • New Markets has $1,000 face value bonds outstanding that pay interest SEMIANNUALLY, mature in 16 years, and have a 4 percent cou
    7·1 answer
  • Among the tools of​ TQM, the tool ordinarily used to aid in understanding the sequence of events through which a product travels
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!