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anzhelika [568]
3 years ago
12

Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. Trader Joe's creates a competitive ad

vantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals. What business strategy is Trader Joe's using to gain its competitive advantage
Business
1 answer:
Goryan [66]3 years ago
4 0

Answer:

Differentiation focus strategy

Explanation:

Competitive advantage is defined as the factors or strategy that gives a firm an edge over others in the same industry.

They are able to sell more product and make more profit than their competitors.

Trader Joe's creates a competitive advantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals.

They are using differentiation focus strategy which entails developing a unique product based on selected attributes that are widely valued by customers.

Focus is given to making products that specifically meet these needs.

The result is a product that is unique in the industry. Products from Trader Joe's can't be found anywhere else. Also they provide a unique atmosphere and unique interaction with their staff.

They have been able to have reduced pricing through research and other tactics aimed at reducing cost of production in a sustainable manner.

You might be interested in
During November, the production department of a process operations system completed and transferred to finished goods 35,000 uni
azamat

Answer:

The number of equivalent units using the weighted-average method is 185,000.

Explanation:

Determine the number of units completed and transferred out.

Number of units  completed and  transferred out  = Units in beginning

+ Units started and completed during the month

=35,000+110,000

=145,000

​  

Therefore, the number of units completed and transferred out is 145,000 units.

It is given that the beginning units completed is 35,000, and the units started and completed are 110,000. They are added to calculate the number of units completed and transferred out. Therefore, the number of units completed and transferred out is 145,000 units.

----

Determine the number of equivalent units using the weighted-average method.

Equivalent units =  Number of units completed and transferred out +  Additional units in process  ×Percentagecompleted

=145,000+(40,000×100%)

=185,000

​

6 0
3 years ago
Lesley Torres is a project manager for the campaign​ "Action against Deforestation in​ Indonesia." She recently faced a glitch w
andrew11 [14]

Answer: (A) Controlling

Explanation:

According to the given question, Lesley Torres is the project manager in an organization and she organized a campaign against the deforestation in the Indonesia.

She performing the controlling function by managing all the schedules and also implementing the given process.

The controlling is one of the main function in the management as it ensure all the activities performed accurately and also helps in planning all the activities in an organization. It basically helps in meet the desirable goals of the company by setting a standard performance.

 Therefore, Option (A) is correct answer.

 

8 0
3 years ago
a boy is three years younger than his sister. two years ago he was two-thirds of his sister's age. what are their present ages ​
padilas [110]

Answer:

The boy: 8 years old

The sister: 11 years old

Explanation:

We assume that the age at present of the boy is x (years old).

As he is younger than his sister 3 years, so that his sister's present age is great than x 3 years

=> Her present age is: x + 3 (years old)

Two years ago, the boy is younger than present two years

=> The boy's age two years ago is: x - 2 (years old)

Similarly, the sister's age two years ago is: (x+3)-2 = x + 1 (years old)

As given, two years ago he was two-thirds of his sister's age, so that we have:

<em>The boy's age two years ago = </em>\frac{2}{3}<em> × the sister's age two years ago</em>

⇒ x - 2 = \frac{2}{3}(x+1)

⇒ x - 2 = \frac{2}{3}x + \frac{2}{3}

⇒ x - \frac{2}{3}x =  \frac{2}{3} + 2

⇒ \frac{1}{3} x = \frac{8}{3}

⇒ x = \frac{8}{3}. 3 = 8

=> x + 3 = 8 + 3 = 11

So the present age of the boy is 8 years old, of the sister is 11 years old

5 0
3 years ago
supply chain management: group of answer choices is based on the concept of just-in-time focuses on removing scheduling bottlene
Zarrin [17]

Just-in-time manufacturing is the foundation of supply chain management.

<h3>Describe the meaning of supply chain management?</h3>

It is possible to describe supply chain management as the effective and efficient management of the flow of goods and services as well as all industrial processes involved in converting raw materials into completed items that satisfy consumers' unquenchable want and demand.

In general, supply chain management includes all of the tasks involved in organising, carrying out, and delivering finished products and services from producers to customers. Through the use of an effective inventory system, it is a management framework that is focused on reducing production costs while boosting efficiency between suppliers and customers.

To know more about supply chain management visit:

brainly.com/question/12277905

#SPJ1

7 0
1 year ago
The process of writing SMART goals is carried out at which stage of the personal financial management pyramid?
gogolik [260]
It is carried out on every stage

Yw.
5 0
3 years ago
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