Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
<h3>What is operation strategy?</h3>
Operations strategy is the total path of company's or organization decisions making strategy which help to reshape the long-term capabilities of several operations and their contribution to the overall strategy to the growth of the firm.
Therefore, Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
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Value Pricing policy is honda using.
This is an example of " Value Pricing" since value pricing is based on the "Value" that the product creates in the minds of the customer.
Explanation of why others are not selected.
1. CUmulative quantity discount is offered for customers who purchase several items at once which is not the case
2. Bundle pricing is offred for the customer who purchases all the goods at once which is not the case.
3. Introductory pricing involves pricing low at the time of introducing a new model to gain market penetration which is also not the case
Value pricing is customer-oriented pricing. H. Companies set prices based on how much customers believe in the value of their products. Value-based pricing differs from "cost plus" pricing, which includes production costs in the price calculation.
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<span>In this situation coca-cola used what is called a market modification strategy. A market modification strategy is one that a company uses in order to increase use or consumption of a product or service that they offer. In this case, coca-cola was attempting to increase consumption of its product by selling it to a group that does not consume the common breakfast drink.</span>
True The budgeted income statement is typically prepared before the budgeted balance sheet.
<h3>What is
balance sheet?</h3>
A balance sheet is a summary of an individual's or organization's financial balances, whether it is a sole proprietorship, a business partnership, a corporation, a private limited company, or another organisation such as the government or a not-for-profit institution.
A balance sheet provides a snapshot of your company's financial position at any given time. A balance sheet, along with an income statement and a cash flow statement, can assist business owners in evaluating their company's financial status.
The balance sheet's basic equation is Assets = Liabilities + Equity. Analysts should be aware that certain assets and liabilities may be assessed differently. Some items, for example, are measured at historical cost or a variation thereof, whereas others are measured at fair value.
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