1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
3 years ago
11

Scenario:

Business
1 answer:
Misha Larkins [42]3 years ago
3 0

Answer:

b. substitutes

b. competitive intelligence.

Explanation:

In the context, Paul and his wife wishes to open up a new restaurant in Beaufort and did much of analysis and research before taking any decision and studying the restaurant industry market.

The factor that Paul have considered in analyzing the competitive environment is the substitutes. The competitive environment as described by Michael Porter includes customers, substitutes, suppliers, new entrants, compliments and other rival firms.

The information Paul has collected in the competition analysis can be referred to -- competitive intelligence.

Competitive intelligence may be defined as the information that is necessary in deciding how best to manage in the competitive environment that the managers have identified.

You might be interested in
snowpeak ski resort offers a price for a lift ticket that is barely over its marginal cost, but the high equipment rental fee ke
nadya68 [22]

Based on the fact that Snowpeak Ski Resort offers prices for lifts that are barely over their marginal cost but still make profits from high equipment rental, the pricing strategy in use is Cross-subsidization.

<h3>What is Cross-subsidization?</h3>

This is a pricing strategy that allows a company to charge one group of customers a higher amount for goods sold or services rendered while charging another group of customers a lower amount for other goods and services.

The logic is that the profits from the higher priced goods will take care of the marginal profits from the smaller cost goods and services.

Companies do this because they know that there are services that they can offer that will be easier to sell to people at a higher cost than a lower one. This is what Snowpeak Ski Resort is doing by using the rental fee of equipment to make profits.

Find out more on Cross-subsidization at brainly.com/question/6886629

#SPJ1

8 0
2 years ago
What does haute couture refer to?
strojnjashka [21]

Answer: Literally translated, haute couture means "high sewing", but refers to the level of the industry in which clothing is made of the best quality and sold the highest prices on a custom-order basis.

Explanation:

Haute couture are high quality clothing brands, where the sewing is done by hand for most parts of the clothing and high attention is paid to details. The haute couture clothing brands are of high quality and high priced made by experienced tailors.

3 0
3 years ago
Future Clothes Inc., a publicly traded company, designs and manufactures wearable technology. What approach should Future Clothe
olganol [36]

Answer:

The interpretation of the discussion is characterized throughout the explanation segment below.

Explanation:

  • Concentrate on an investigation as well as implementation or enhancement as something with a category or manner of price-free competitive advantage.
  • With more than just related diversification, there is much less inflationary pressure as well as the corporation or manufacturer should start concentrating on non-price competitive advantage throughout the opportunity to expand mostly on the supply chain.

So the answer here is just the appropriate one.

5 0
3 years ago
retailers collect information about purchases in each of their retail outlets, analyze the data that has been gathered, and then
LUCKY_DIMON [66]

The buyer reviews the collected data with the manufacturer.

<h3>Who are these retailers, exactly?</h3>

A shop is a company or establishment where you buy products. Typically, retailers don't produce their own goods. They buy products from a producer or a wholesalers and then sell them in small doses to customers.

<h3>What kind of retailer is an example?</h3>

Best Buy is a prime illustration of a traditional retailer. It pays suppliers like Sony and Frigidaire market cost for the products, then charges customers more for them. Most of the things that Future Shop sells are not ones that company produces. These really are sizable establishments that offer a wide range of goods.

To know more about retailer visit:

brainly.com/question/28963307

#SPJ4

6 0
1 year ago
A store manager needs to run a report of last month’s sales. The manager would like the report to highlight products that sold o
Marina CMI [18]

I think is A: inserting an image

6 0
4 years ago
Other questions:
  • The standard materials cost to produce one unit of product m is 6 pounds of material at a standard price of $50 per pound. in ma
    7·1 answer
  • An accountant may compile a nonissuer's financial statements that omit all of the disclosures required by GAAP only if the omiss
    10·1 answer
  • When Girl Scouts sell cookies at Shop Rite, they are given a place to stand. When they sell at Wal-Mart the company eventually d
    11·1 answer
  • Ray started out with one small print shop. His business has grown so much that he now has two other branches across town. Ray ha
    13·2 answers
  • The Morgan Company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and pr
    13·1 answer
  • Henderson Electronics Corporation manufactures and sells FM radios. Information on the prior year's operations (sales and produc
    15·1 answer
  • If the stock market booms, then a. aggregate demand increases, which the Fed could offset by decreasing the money supply. b. agg
    10·1 answer
  • Giving customers time to pay their bill generates more sales. But when a recession hits, they may have trouble making payments.
    10·1 answer
  • What kind of tax system does the United States use?​
    15·1 answer
  • an increase in the firm's cost of capital will decrease projects' npvs, which could change the accept/reject decision for any po
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!