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2 years ago

What distinguishes a product/service from the competition ?

Business

1 answer:

Anastaziya [24]2 years ago

7 0

Answer:

C) Unique value proposition

Explanation:

Product differentiation is a marketing strategy that strives to distinguish a company's products or services from the competition. Successful product differentiation involves identifying and communicating the unique qualities of a company's offerings while highlighting the distinct differences between those offerings and others on the market.

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Willa and Westley are siblings who built a hair salon business from the ground up. They are now contemplating opening an additio

lorasvet [3.4K]

The correct option is C

Explanation:

The annual profit increase = $400,000

The following formula is to be used in order to calculate the total profit enhancement in five years

The total profit increase in 5 years = 400000 multiply with 5 = $2,000,000 = $2 million , As compared to cost of $1 million.

Thus, The correct option is answer (C) To take on the new salon because the expected marginal benefit ($2 million over 5-years) is greater than the estimated marginal cost ($1 million).

8 0

3 years ago

On January 1, 2018, Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percen

Hoochie [10]

Answer:

Period Bonds Interest Cash Increase in Bonds payable

Payable Expenses Paid Bonds payable at the end

2018 583352 23334.08 18000 5334.08 588686.1

2019 588686.1 23547.44 18000 5547.44 594233.5

2020 594233.5 23766.48 18000 5766.48 600000

Journal entries

Jan 01 2018

Cash account Dr $583352

Discount on Bonds Payable Dr $16648

Bonds payable Cr $600000

Dec 31 2018

Interest expense Dr $23334.08

Cash account Cr $18000

Discount on bonds Payable Cr $5334.08

Dec 31 2019

Interest expense Dr $23547.44

Cash account Cr $18000

Discount on bonds Payable Cr $5547.44

Dec 31 2020

Interest expense Dr 23766.48

Cash account Cr $18000

Discount on bonds Payable Cr $5766.48

Dec 31 2020

Bonds Payable Dr $600000

Cash account Cr $600000

01.01.2020 (Redemption at 101)

Bonds Payable Dr $600000

Loss on redemption of bonds Dr $11766.48

Cash account (600000*101%) Cr $606000

Discount on bonds payable Cr $5766.48

8 0

3 years ago

If the market price is $6.30, in the long run, Group of answer choices new firms will enter the market. existing firms will exit

Rufina [12.5K]

Answer:

Option D. Not enough information to answer this question.

Explanation:

There are number of factors the company considers before entering or exiting the market and some of these include Marginal cost or marginal revenue analysis, project analysis which considers the future cost and benefits by continuing the business, Porter five forces factors consideration before entering, Capabilities and resource analysis, etc.

So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.

So the information provided to answer this question is not enough.

6 0

3 years ago

Willow Golf Course is planning for the coming golfing season. Investors would like to earn a 15% return on the company's $58,000

Ira Lisetskai [31]

Answer:

The operating profit is $4,800,000

Explanation:

We know that,

The operating profit would equal to

= Sales - variable cost - fixed expenses

where,

Sales = Number of rounds of golf × selling price per unit

= 600,000 rounds × $75

= $45,000,000

Variable cost = = Number of rounds of golf × selling price per unit

= 600,000 rounds × $17

= $10,200,000

And, the fixed expenses is $30,000,000

Now put these values to the above formula

So, the value would equal to

= $45,000,000 - $10,200,000 - $30,000,000

= $4,800,000

3 0

3 years ago

Social security and medicare are progressive taxes. payroll taxes. local taxes. corporate taxes.

kipiarov [429]

Answer:pay roll

Explanation:

5 0

3 years ago

Read 2 more answers