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3 years ago

A competitive strategy to be the low-cost provider in an industry typically does not work well when:_______

Business

2 answers:

den301095 [7]3 years ago

6 0

Answer:

a) emergent strategies are required to respond to changes in competitor power.

Explanation:

Competitive strategy is the strategy used gain competitive advantage and outperform competitor in the market. Low cost provider is one of the strategy of competitive strategy that outperform competitor by selling goods at very low cost and competitors are not able to sustain in the market or start making loss, this also help gain maximum market share as buyer switch their purchases from one seller or brand to another. This strategy does not work as sometime emergent strategies are required to respond to changes in competitor power. Competitor sometime change their strategy to high quality product, bundling the products, etc, in this case emergent strategies are required.

sesenic [268]3 years ago

5 0

Answer:

The Correct answer is A

Explanation:

Strategy of low cost is the kind of the pricing strategy, in which the business or organization, offers or provide the products or services at low price. This strategy helps in stimulating the demand as well as gain or acquire the higher market share.

So, the strategy which is competitive and also the low cost provider in the industry work well when:

1. Newcomers in the industry uses at the introductory stage, the low prices so that could attract the buyers.

2. The competition on the price between the rivals sellers is vigorous.

3. The buyer also incur the low costs while switching the purchases from seller to another seller.

4. The product which are commodity grounded prevail as well as has minimal differentiation.

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Monica Smith was unemployed because the steel company, where she worked, closed and moved overseas to a foreign country. Other s

Alenkinab [10]

Answer:

structurally unemployed.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

1. Cyclical unemployment rate (CU).

2. Frictional unemployment rate (FU).

3. Structural unemployment rate (SU).

Structural unemployment can be defined as an involuntary unemployment that arises as a result of the incompatibility between a worker's skills set and requisite skills an employer seeks from the workers or due to technological changes.

This ultimately implies that, it describes a situation where an individual isn't able to secure a job as a result of insufficient number of jobs matching their qualifications, thus limiting their opportunities.

In this scenario, Monica Smith was unemployed because the steel company, where she worked, closed and moved overseas to a foreign country. Other steel companies have also closed. Her skills are not transferable to another industry and she is unable to get a job.

Hence, she would be classified as structurally unemployed.

6 0

2 years ago

An investment proposal with an initial investment of $100,000 generates annual net cash inflow of $20,000 for a period of 10 yea

dalvyx [7]

Answer:

5 years

Explanation:

Initital investment $100,000

Cash inflows 1-5 (20,000*5) ($100,000)

The payback period for this investment project is 5 years.

100,000/20,000=5 years

7 0

3 years ago

g A monopoly is a market that has Group of answer choices Only one buyer. Only one seller. Many sellers who sell differentiated

Dahasolnce [82]

Answer:

Only one seller.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller (one seller) who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.

Also, a monopolist refers to any individual that deals with the sales of unique products in a monopolistic market.

For example, a public power supply company is an example of a monopoly because it serve as the only source of power supply to the general public in a society.

A public power company refers to a company that provides power (electricity) utility to the general public of a society.

In conclusion, a monopoly is a market that has only one seller.

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3 years ago

Hybrid cars are touted as a "green" alternative; however,the financial aspects of hybrid ownership are not as clear. Consider th

lord [1]

Answer:

the hybrid model initially costs $5,200 more than the regular model, plus you have another $330 in extra ownership costs per year. If you plan to own the hybrid car for 6 years, then you must recoup $5,200 / 6 = $866.67 + $330 = $1,196.67 per year.

the cost of driving 1 mile with the hybrid car = $3.60 / 27 = $0.1333

the cost of driving 1 mile with the regular model = $3.60 / 19 = $0.1895

you will save = $0.0562 per mile driven

you would need to drive $1,196.67 / $0.0562 = 21,293 miles per year to make the decision worth it

if you only drive 15,500 miles per year, then you would need to save $0.0772 per mile

that would only result if gasoline's price was:

x/19 - x/27 = 0.0772

0.0526x - 0.037x = 0.0772

0.0156x = 0.0772

x = 0.0772 / 0.0156 = $4.95 per gallon

you must first determine the present value of all additional expenses related to purchasing a hybrid:

year cash flow

0 -5,200

1 -330

2 -330

3 -330

4 -330

5 -330

6 -330

Using a financial calculator, the PV = -$6,637.24

now we must use an annuity formula to determine the annual savings required using a 10% discount rate and 6 periods:

annual savings = $6,637.24 / 4.3553 (PV annuity factor, 10%, 6 periods) = $1,523.95

so you must save $1,523.95 per year and that is equivalent to $1,523.95 / $0.0562 = 27,116.47 = 27,116 miles

you also need to save $1,523.95, but you only drive 15,500 miles, so the savings per mile = $0.0983

x/19 - x/27 = 0.0983

0.0526x - 0.037x = 0.0983

0.0156x = 0.0983

x = 0.0983 / 0.0156 = $6.30 per gallon

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2 years ago

A business process consists of one or moreâ _______, many of which are supported by information systems.

Pani-rosa [81]

The answer is A operations

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3 years ago