With a(n) Differentiation strategy, the organization attempts to develop innovative products unique to the market.
<h3>What is
Differentiation strategy?</h3>
Your differentiation strategy is how you distinguish your company from otherwise similar competitors in the market. Typically, it entails emphasizing a significant distinction between you and your competition. And your potential clients must value that distinction.
It gives higher value to your customers and helps your organization stand out in the industry. As a result, the primary goal of any differentiation plan is to strengthen your company's competitive edge.
In contrast to cost leadership, the differentiation strategy enables businesses to adopt a creative approach to their products while charging premium rates. Starbucks, for example, goes beyond simply selling coffee by offering a distinctive coffee experience at their coffeehouses.
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Answer:
The demand for Xbox One games falls
The demand for Xbox One games increases
The quantity demanded on Xbox One increases
Explanation:
Xbox one , PlayStation 4, and Wii U can be referred to as substitute goods.
Substitute goods are goods which can be used or consumed in place of one other. If the price of PlayStation 4, and Wii U falls, consumers would increase the quantity demanded of this games and reduce demand for Xbox one because Xbox One is now more expensive relative to the other games.
If consumers income increase, they would have a higher disposable income and so demand would increase.
If the number of people writing and producing XBox One games increases, supply of Xbox one games would exceed demand. This would lead to a fall in price and an increase in the quantity demanded.
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Answer:
The correct answer is True.
Explanation:
In law, novation is defined as the modification or termination of a legal obligation or transmission by another subsequent obligation. If it extinguishes an obligation, it is called its own or extinction novation, if it essentially modifies the preexisting obligation, it is called an improper or modifying novation.
The objective Novation is a contract whereby the party extinguishes the original obligation by replacing it with a new obligation with a different purpose or title. The institution in question apparently has the category of way of extinguishing the obligations, particularly in the unsatisfactory way as long as it does not fulfill the interest of the creditor. The debit is extinguished, but the credit was not satisfied.
Answer:
The price of domestic Cuban grapefruit for consumers will increase,option B
Cuban exports of grapefruits will increase,option B
Consumer surplus in Cuba will decrease,option A
Producer surplus in Cuba will increase.option B
Explanation:
Opening up the economy paves way for producers of grapefruit to sell their output in the international market due to the incentive provided by higher international price,hence there would less to sell in the home front,thereby pushing up domestic price.
Of course,producers in Cuba would prefer export to selling locally, as a result Cuban exports of grapefruits will increase.
Consumer would reduce because of increase in price as the surplus is the difference between local price and higher international price and conversely producer surplus increases
Answer:
C) The firm's exchange rate exposure can be completely hedged with derivatives written on the British pound.
Explanation:
The amount of pound is constant one can completely hedge the interest rate risk.