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Kisachek [45]
3 years ago
9

According to Porter, the generic competitive strategy that reflects the ability of the corporation or its business unit to desig

n, produce, and market a comparable product more efficiently than its competitors is called focus. competitive scope. cost leadership. diversification. differentiation.
Business
1 answer:
Leokris [45]3 years ago
7 0

Answer:

<em>The correct answer is:</em> cost leadership

Explanation:

According to Porter, every company has a strategy, whether planned or unplanned, being directly influenced by the environment in which it operates and by the industries and competitive sector. For him, companies should use the generic strategies mentioned by him so that they can survive the five competitive forces of the industry. Porter's generic strategies are: cost leadership, differentiation and focus.

The most appropriate generic strategy for the above question is cost leadership, whose central objective is to achieve total leadership in a given sector, using appropriate policies and procedures for that purpose.

The objective is achieved when a company develops a quality structure that brings together efficient equipment, qualification of personnel and control of expenses in order to maintain a low cost that generates greater returns for the company than those of its competitors.

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Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
A firm has the following accounts and financial data for 2007:
Oksi-84 [34.3K]

Answer:

The correct answer is $302.40.

Explanation:

According to the scenario, the computation can be done as:

To calculate firms' earning first we less cost of goods and total operating expenses from sales revenue:

= $3,060 - $1,800 - 600

= $660

Now we deduct the interest expense, then

= $660 - $126

= $534

Now we deduct tax rate, then

= $534 × $213.60    ( $534× 40%)

= $320.40

Now we finally deduct the dividends to get the firm's earning to common shareholder's, then

= $320.40 - 18

= $302.40

Hence, the firm's earning to common shareholder's is $302.40.

5 0
3 years ago
A team becomes more cohesive and clarifies members' roles and responsibilities, team goals, and team processes during which stag
Alexeev081 [22]
Norming is the stage when a team becomes more cohesive and clarifies members' roles and responsibilities, team goals, and team processes
6 0
3 years ago
AnthonyAnthony​'s Chair Factory currently employs 100100 ​workers, who produce 800800 chairs. If AnthonyAnthony hires a 101101st
Nostrana [21]

Answer:

average product = 9.16

Explanation:

given data

currently employs =  100 worker

produce = 800 chair

hire = 101 worker

output = to 925

to find out

average product of the 101 worker

solution

we get here average product that is express as

average product = \frac{output}{input}   ..................1

here output is 925 and input is 101 worker so put here value we get

average product = \frac{925}{101}

average product = 9.16

6 0
3 years ago
Question 5 of 12 An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies
Roman55 [17]

An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone

This is further explained below.

<h3>What is an insurance policy?</h3>

Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.

In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.

Read more about insurance policy

brainly.com/question/17479291

#SPJ1

4 0
2 years ago
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