Answer:
investing in managerial productivity and enjoying experience curve effects.
Explanation:
Companies can pursue differentiation from many angles including providing a unique competitive product taste, executing superior customer service, providing products that ensue luxury and prestige, ensuring engineering design and performance benefits; but not investing in managerial productivity and enjoying experience curve effects.
Productivity does not imply differentiation, it is defined as a ratio between the output volume and the volume of inputs.
Differentiation involves making products superior to competitors' products.
It can be argued that as firms try to increase productivity, they will compromise on quality and differentiation because differentiation will require more time and resources which could mean lesser outputs.
Hence improved productivity is not a means of differentiation.
Answer:
correct option is b) Variety of outputs
Explanation:
The production process matrix is nothing more than a tool that helps analyze the relationship between product and process. Product and process positions are placed above and below the horizontal size of the matrix on the right or left side of the competitor along the vertical dimension of the matrix. A company can use different processes to produce different products, so they are placed along the horizontal and vertical axis of the matrix.
An 'easy money policy is a monetary policy that increases the money supply usually by lowering interest rates. It occurs when a country's central bank decides to allow new cash flows into the banking system.
Answer:
Total product cost= $181,000
Explanation:
<u>The product cost is the sum of the direct material, direct labor, and manufacturing overhead:</u>
Direct materials $ 70,000
Direct labor $ 37,000
Variable manufacturing overhead $ 12,000
Fixed manufacturing overhead $ 25,000
Total manufacturing overhead $ 37,000
Total product cost= $181,000
Answer: Incentives
Explanation:
Incentive Fees which can also be known as Performance Fees are an ADDITIONAL form.of compensation that are tied to an Employee's salary based on their level of performance or more specifically, their level of Financial return.
They can be calculated in various ways but the main goal is to encourage the employee to keep up the good work.
Endrik received the Incentive of a large bonus check for Exceeding the Sales expectations of the company. This will spur him to keep up the good work.