A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.
<h3>What does "competitive strategy" mean?</h3>
A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.
A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.
In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.
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Answer:
intrinsic reward
Explanation:
In the context of business, it can be said that in this scenario Karen is experiencing what is known as an intrinsic reward. This term refers to rewards that come from within the individual, in other words the satisfaction that they are feeling or the way they perceive meaning in the work that they do. Which in this case the intrinsic rewards that Karen is experiencing is the deep satisfaction when doing her job and finding new styles for her store.
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
Answer:
$3.68 per bag for bagels; $1.30 per package for cream cheese
Explanation:
In this question we have to assume the things
Like Baggles be X
And. the cream cheese be Y
So, there are two equations which are presented below:
2X + 3Y = $11.25
5X + 2Y = $21
To find out the X and Y value we have to equate the both equations. So, we multiplied by 5 and multiplied by 2 in equation 1 and 2
So, the updated equation would be
10X + 15Y = $56.25
10X + 4Y = $42
Now subtract it, so the value would be
11Y = $14.25
Y = $1.30 per bag
Now put this Y value in any equation
2X + 3Y = $11.25
2X + 3 × $1.30 = $11.25
2X + $3.9= $11.25
2X = $7.35
X = $3.68 per package
Theory X would obstruct the company's employees' ability to advance and be productive. Because they are more concerned with making sure their work is done correctly than with developing their staff and learning about potential new prospects, managers who anticipate and micromanage daily activities do not aid in their development.
They are limiting potential sources of income in the near future by doing this, and even if these new alternatives could cause merchants more issues, if they carry on as they have, they will fail nonetheless, so it is worthwhile to explore new options. If they encounter these kinds of difficulties, they will also be unable to be innovative with future endeavors since, as the adage goes, it takes money to create money.
Retailers must, however, offer shoppers something novel if they want to overcome these worries.
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