The Differentiation strategy is used by the investment firm in standing out in the industry.
<h3>What is Michael Porter
strategy? </h3>
A strategy is defined by Porter as a competitive position that is deliberately chosen as a different set of activities to deliver a unique mix of value.
The Generic Strategies model of Michael Porter includes:
- Cost Leadership
- Differentiation
- Focus.
These strategy are important because they provide an options for organizations to gain competitive advantage.
In conclusion, the Differentiation strategy is used by the investment firm in standing out in the industry.
Read more about Porter strategy
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Answer: Option E
Explanation: In simple words geographic segmentation refers to the study under which the organisation studies its population based upon any characteristics for the purpose of marketing.
Similarly lifestyle segmentation refers to the study of ongoing change in taste and preferences of the population.
In the given case, Kim kayak first identified the population of the retires and then identified their needs and preferences.
Hence from the above we can conclude that the correct option is E.
Answer: 500kg
Explanation:
Economic Order Quantity (EOQ) is the amount of units that should be added by a company to its inventory so.as to reduce total inventory cost.
From the question, the economic order quantity will be calculated as:
Drmqnd per year will be:
= 250 days/$0.04
= 12500 kg/year
The annual carrying cost per unit will be:
= $0.04/250
= $10/year
Ordering cost = 100
EOQ =[√(2×12500×100)/10]
= √2500000/10
= ✓250000
= 500 kg
Answer and Explanation:
The computation is shown below;
a. The net income or loss for the year 2018 is
Sales $763,000
Less: COGS $462,000
Less: A&S expenses $103,000
Less: Depreciation $148,500
EBIT $49,500
Less: Interest $73,800
Taxable income -$24,300
Less: Taxes(22%) $0
Net income(loss) -$24,300
Net loss = $24,300
b. The operating cash flow is
OCF = EBIT + Depreciation - Taxes
= $49,500 + $148,500 - $0
= $198,000
