Fast foods convince stores walmart
Answer:
The correct option is:
It helps obtain a bigger share of the market.
Explanation:
Differentiated strategy is helpful to get bigger shares of the market. Hence, the firms are generally used this strategy. Therefore, 2nd option is correct and remaining options are incorrect.
Differentiated strategy:
- It's an approach that a business takes to develop a unique product or service that customers will find better than or in another way distinctive from products or services offered by competitors.
- Differentiation strategy is a way for a business to distinguish itself from the competition.
- If successful, it allows the business the opportunity to charge a premium for the good or service. Keep in mind, however, that the business often encounters higher costs to offer the unique product or service and thus, needs to be successful in attracting customers to cover that extra cost.
- The company will be able to obtain a bigger share of the market.
Answer:
Deflation; 10%
8; 9 basket of goods
rises
Explanation:
Given that,
Price of a basket of goods in year 1 = $10
Price of the same basket in year 2 = $9
There is a fall in the price level from year 1 to year 2, hence, this is known as the deflation in an economy.
Deflation rate:
= [(Price of a basket of goods in year 1 - Price of the same basket in year 2) ÷ Price of a basket of goods in year 1] × 100
= [($10 - $9) ÷ $10] × 100
= 10%
In year 1,
$80.00 will buy:
= $80 ÷ Price of a basket of goods in year 1
= $80 ÷ $10
= 8 baskets of goods
In year 2,
$80.00 will buy:
= $80 ÷ Price of a basket of goods in year 2
= $80 ÷ $9
= 8.9 or 9 baskets of goods
Therefore, this example indicates that as the price of the goods falls then as a result the value of money rises because with the lower price level, a person can purchase more quantity of goods.
Answer:
Future value = $14090
Explanation:
Below is the given values:
Present value of deposits = $10000
Interest rate = 7.1%
Time period = 5 years
Future value = Present value (F/P, r, n)
Future value = 10000 (F/P, 7.1%, 5)
Future value = 10000 x 1.409
Future value = $14090
<span>Answer;
Every time the procurement purchase or procures goods or services it is participating in the economy.
when you pay taxes to the government you are supporting the economy. Having a job to support your financial needs such as mortgages and bills will save you from going bankrupt and hurting the bank.
Explanation;
Financial decisions are important in any business, for the growth and development of the business, these includes, investments decisions, wages, purchases, loans and debtors.
These financial decisions have a direct or indirect impact on the economy; for example the purchase of goods and services impacts the economy directly, as it facilitates trade, and also the tax charged on the purchased goods and services.</span>
