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Inga [223]
3 years ago
12

Powell Lighting was the first company to start selling LED light bulbs in its country—a product that gained popularity among div

erse groups. Soon, other companies started to sell their own brands of LED bulbs, thereby giving Powell Lighting ample competition. In response, Powell Lighting decided to limit its LED light bulbs to outdoor models. However, it ensured that these models were the longest-lasting and lowest-priced on the market. With this innovation, Powell Lighting consistently outperformed its competitors for ten years. In this scenario, Powell Lighting maintained a ________ through its innovative strategy.
Business
1 answer:
morpeh [17]3 years ago
3 0

Answer: sustainable competitive advantage

Explanation:

Sustainable competitive advantages refers to the assets and the abilities of a company that are difficult for others to duplicate and thereby giving the company an edge over others.

Since Powell Lighting decided to limit its LED light bulbs to outdoor models and ensured that the models were the longest-lasting and lowest-priced on the market thereby giving it an edge over its competitors.

In this scenario, Powell Lighting maintained a sustainable competitive advantage through its innovative strategy.

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Chilly Company is considering investing $110,000 in a new refrigerator, designed to keep food extra crispy. The refrigerator wil
Charra [1.4K]

Answer:

25%

Explanation:

depreciation expense per year = ($110,000 - $10,000) / 10 = $10,000

average annual investment = $60,000 (carrying value after the end of year 5 or half the life of the project)

average net profit per year = $15,000

accounting rate of return = average net profit per year / average investment = $15,000 / $60,000 = 0.25 = 25%

7 0
3 years ago
Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from S1 to S2. The price th
LenaWriter [7]

Answer:

a. $1.25

Explanation:

From the image, we can determine the seller's position.

As the supply curve moves from S_{1} to S_{2}, the sale will become fewer. As the government imposes a $2.25 tax on suppliers, the seller will receive less money despite getting more money for each sale from the customer.

Before imposing the tax, the seller received $2.50 for each sale. After imposing the ban, the supply curve shifts to the left, and the seller receive $3.50 before paying the tax. After paying the tax, the seller receives ($3.50 - 2.25) = $1.25.

6 0
3 years ago
Kevin, a real estate broker, sold a property and received a 6-1/2% commission. Kevin gave the listings broker 30% of the commiss
Mama L [17]

Answer:

the selling price of the property is $183,333

Explanation:

The computation of the selling price of the property is as follows:

= (Price ÷ commission percentage) ÷ ( commission percentage)

= ($3,575 ÷  30%) ÷  (6.5%)

= $183,333.

Hence, the selling price of the property is $183,333

We simply applied the above formula so that the correct value could come

4 0
3 years ago
Staples provides their loyal customers with a relevant coupon based on previous purchases through their mobile phone, while they
iragen [17]

Answer:

The correct answer is letter "C": excite.

Explanation:

The 4E framework is an approach to maximize the use of social media for marketing purposes. The 4E implies exciting consumers with offers that may attract them; educating them about the offer; allowing them to experience products; and, engage them with the product. This is achieved with the use of <em>social networking, media-sharing, </em>and <em>thought-sharing sites. </em>

Therefore, <em>"Staples" providing to its consumers coupons based on past purchases through their mobile phones while they are on the store represents the excite component of the 4E framework.</em>

8 0
3 years ago
The putting aside of all literal and practical considerations in order to enter into the world of the drama is called
Dafna11 [192]
It is called Willing Suspension of Disbelief. As indicated by the hypothesis, suspension of mistrust is a fundamental element for any sort of narrating. With any film, the watcher needs to disregard the truth that they are seeing a two-dimensional moving picture on a screen and briefly acknowledge it as reality keeping in mind the end goal to be engaged.
5 0
3 years ago
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