1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luden [163]
3 years ago
5

A low-cost leader can translate its low-cost advantage over its rivals into superior profit performance by

Business
2 answers:
ollegr [7]3 years ago
8 0

Answer:

The low-cost leader can try to underprice the rest of the competition in order to attract more customers. Lower prices should increase total sales volume which will help to increase profits by offsetting fixed costs and increasing the total contribution margin. This strategy can be used as long as the firm is able to produce under economies of scale.

Explanation:

sashaice [31]3 years ago
5 0

Answer:

either using its low-cost edge to underprice competitors and attract price sensitive buyers in large enough numbers to increase total profits or refraining from price-cutting and using the low-cost advantage to earn a bigger profit margin on each unit sold.

Explanation:

Competitive advantage is the edge that a firm has over others in the same industry that results in higher profit margins for them.

One of the importance competitive advantages is price advantage.

This results from the firm being a low cost leader. Their cost of production is low enough for them to attract customers that are price sensitive leading to increased profits.

Also they can underprice their competitors or earn profit margins on the reduced cost of production per unit

You might be interested in
The __________ is a listing of all the balance sheet and income-related accounts
fenix001 [56]
<span>Answer : Chart of accounts Explanation: A chart of accounts (COA) is a created list of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received. It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity.</span>
8 0
3 years ago
It is logical to conclude that water can dissolve lemonade powder because the mix is
Basile [38]
I got polar but I'm not completely sure, I hope this helped a little:)
7 0
3 years ago
Read 2 more answers
Customer relationship management applications are commonly integrated with a comprehensive enterprise resource planning implemen
kirill115 [55]

Answer:

True

Explanation:

Customer relationship management always tries to reach out the potential customers so that they can increase their sales by knowing customer's interests. Organization always implement what they have planned and try to find out the most profitable customers.  

Organization always help the customer by knowing their necessity and improve their quality and productivity for the benefit of their organization.

3 0
4 years ago
These people perform many of the activities required to move products efficiently from producers to consumers or industrial buye
Vadim26 [7]

These people perform many of the activities required to move products efficiently from producers to consumers or industrial buyers and are often wholesalers

Who are wholesalers ?

A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.

Wholesalers are the merchant middlemen who sell mainly to retailers, other merchants, commercial, industrial, or institutional users. They buy principally for resale or business use.

The wholesaler’s business model is based on being the intermediary – the go-between. They operate between a product’s manufacturer and other businesses that want to sell that product.

What is the role of a retailers?

A retailer purchases in bulk from the wholesalers and sells the products to the customers in small quantities. A retailer essentially maintains a variety of merchandise. The aim of a retailer is to achieve maximum satisfaction by exceeding their expectations and delivering exceptional services

Learn more about distributors :

brainly.com/question/13019892

#SPJ4

4 0
2 years ago
__________________ represents the total benefits offered to consumers through a channel of distribut
bezimeni [28]
A retail value chain represents the total benefits offered to consumers through a channel of distribution
7 0
4 years ago
Other questions:
  • You would expect there to be many customers for a black market good when the opportunity cost of finding the good under a:
    10·1 answer
  • Assume that the amount of money deposited in a bank is proportional to the square of the interest rate the bank pays on this mon
    7·1 answer
  • Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a c
    7·1 answer
  • Spartan Credit Bank is offering 7.6 percent compounded daily on its savings accounts. You deposit $6,000 today. How much will yo
    10·2 answers
  • As a local kayak outfitter was looking over her financial records, she noticed that when the shop down the street increased the
    8·1 answer
  • Which is true of​ output-choice models of oligopoly​ behavior?
    12·1 answer
  • When the marketing student said, "It's really hard for me to get to class on time without a car," she was entering which stage o
    15·1 answer
  • Which statement best describes a business creating an incentive?
    5·1 answer
  • Assuming a tax rate of 30%, the after-tax cost of a $100,000 dividend payment is a. $70,000 b. $100,000 c. $30,000 d. None of th
    7·1 answer
  • PLEASE HELP ME IM NOT UNDERSTANDING THESE QUESTIONS
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!