In order to run your buissnes
The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way
Explanation:
- The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?
- What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.
- 1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.
- When a Low-Cost Provider Strategy Works Best
- Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.
Answer:
30%
Explanation:
The computation of the profit margin is shown below:
Given that
Net income earned for the month of October = $3,000
And, the net sales for the month of October is $10,000
Based on the above information, the profit margin is
= Net income ÷ Net sales
= $3,000 ÷ $10,000
= 30%
By dividing the net income from the net sales we can get the profit margin and the same is to be considered
Answer:
Total= 96,800 pounds
Explanation:
To calculate the direct material requirement, we need to use the following formula:
Budgeted material= required for production + desired ending inventory - beginning inventory
<u>Budgeted material:</u>
Production for January= (23,000*4)= 92,000
Desired ending inventory= (27,000*4)*0.3= 32,400
Beginning inventory= (27,600)
Total= 96,800 pounds
Answer:
The Bachelor's degree is a 4-year undergraduate degree. Historically, the word "college degree" indicated a bachelor's degree or a conventional four-year degree. It normally takes four years of full-time study to complete the bachelor's degree—comprising 120 semester credits or around 40 college classes.
Explanation: i hope this help :)
