Porter’s competitive strategies that are appropriate responses respectively
1) Differentiation 2) Focused-differentiation
3) Cost-leadership 4) Cost
<h3>What is porter’s competitive strategies ?</h3>
Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.
One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.
Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.
The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.
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Answer:
The correct answer is letter "D": improves efficiency, increases output, and provides for growth.
Explanation:
In general, capital refers to financial resources. Capital includes financial assets used in manufacturing, as well as the machinery and equipment businesses. Investors purchase stocks or mutual funds using capital. Companies raise capital from a bond or stock sales to fund their operations. Although capital may be cash or currency, it is not the same as money.
<em>While talking about production, capital allows firms to hire qualified personnel that improves the company's efficiency which is likely to increase production or improve the quality of the output. Eventually, both an increase in efficiency and output contributes to the growth of an institution in the form of more profits.</em>
That you identify exactly what it is you will see, hear and feel when you reach your goal. It means breaking your goal down into measurable elements. You'll need concrete evidence.
Answer:
a. 300 units
b. $3,750
c. $3,750
d. 100 units
Explanation:
a. The computation of the economic order quantity is shown below:
=
=
= 300 units
b. For annual holding cost, first we have to find out the average inventory would equal to
= Economic order quantity ÷ 2
= 300 units ÷ 2
= 150 units
Now the Carrying cost = average inventory × carrying cost per unit
= 150 units × $25
= $3,750
c. For ordering cost, first we have to compute number of orders would be equal to
= Annual demand ÷ economic order quantity
= $15,000 ÷ 300 units
= 50 orders
Now Ordering cost = Number of orders × ordering cost per order
= 50 orders × $75
= $3,750
d. The computation of the reorder point is shown below:
= (Annual demand ÷ total number of days in a year ) × lead time
= (15,000 units ÷ 300 days) × 2 working days
= 100 units
Answer:
Encourage Open Communication. ...
Offer Mental and Physical Health Benefits. ...
Bring in Meditation Classes. ...
Offer Paid Time Off. ...
Encourage Employees to Take Breaks. ...
Take the Team Out on Company Offsites. ...
Bring Some Diversions into the Office. ...
Consider Flexible