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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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compared to a perfectly competitive market, a monopolist will produce _____ units and chare a _______ price
aniked [119]

Answer:

some

good

Explanation:

it will be a total

and a few loss

it will sell fast

8 0
2 years ago
Kelchner Corporation has provided the following contribution format income statement. Assume that the following information is w
Juliette [100K]

Answer:

The contribution margin ratio is closest to 40%

Explanation:

The contribution margin ratio calculates the percentage of sales that will contribute to cover fixed costs and earn a profit. The contribution margin is the difference between the selling price per unit and the variable cost per unit of a product. The contribution margin ratio is the contribution margin per unit represented as a percentage of selling price per unit or total contribution margin represented as a percentage of total sales revenue.

CM Ratio = Total contribution margin / Total Sales revenue

CM ratio = 72000 / 180000  =  0.4 or 40%

7 0
3 years ago
An essential part of a market economy is the expectation, in both producers and consumers, that they will be able to keep and us
Hatshy [7]
The answer property right. The property rights denote to the theoretic and legal proprietorship of precise property by personalities and the capability to define how such belongings is used. In many countries, together with the united states individuals usually exercise private property rights which is the rights of private persons to mount up, hold, delegate, rent or sell their property. In economics, property privileges form the basis for all market altercation and the distribution of property rights in a civilization affects the competence of reserve use.
7 0
3 years ago
Read 2 more answers
Brian has come to see Monica at Elite Salon &amp; Spa for his regular biweekly pedicure appointmentAs construction worker Brian
xeze [42]

Answer:

Monica should First examine Brian's feet and toenails.

Explanation:

One of the things people dealing with nails otherwise known as nail technicians does is not all about doing pedicures and manicures for their clients alone they also learnt about Bacteriology and nail diseases so they can give advice on nails management to their numerous clients.

Monica, after the examination should advice Brian to get a new pair of shoes in order to inhibit fungal growth. If Brian do not do this, he will likely get a tinea pedis later. After the advice, Monica should massage Brian's feet. Below are the steps Monica should follow:

=> Examine the feet and toenails.

=> Give advice and Massage.

=> Deep the feet into cool water for some minutes .

4 0
3 years ago
Read 2 more answers
BK Trucking has total equity of $25,380 and 1,500 shares outstanding.Its stock is currently selling at $38 per share. What is th
rjkz [21]

Answer:

2.25 times

Explanation:

The computation of the market-to-book ratio is shown below:

Market to book ratio = (Market price per share) ÷ (book value per share)

where,

Market price per share = $38 per share

And, the book value per share

= Total equity ÷ outstanding shares

= $25,380 ÷ 1,500 shares

= $16.92

So, the market to book ratio would be

= $38÷ $16.92

= 2.25 times

6 0
3 years ago
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