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Viefleur [7K]
3 years ago
14

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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Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h
Vedmedyk [2.9K]

Answer:

$160 overapplied

Explanation:

Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.

The actual number of hours worked on job 333 and 334 equals a total of 4,980

The actual factory overhead costs are $34,700

The first step is to calculate the predetermined overhead rate

= Overhead costs/machine hours

= $35,000/5,000

= $7

The amount of either over or underapplied factory costs can be calculated as follows

= predetermined overhead rate×actual number of hours worked

= $7×4,980

= $34,860

The amount is then subtracted from the actual overhead costs

= $34,700-$34860

= -$160

= $160 overapplied

Hence the amount of overapplied factory overhead is $160

4 0
3 years ago
You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration da
Bogdan [553]

Answer:

$600 loss

Explanation:

A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.

To calculate the profit realised on the investment

Profit from call option= (150- 139) * 100

Profit from call option= $1,100

Profit from premium= 17 * 100

Profit from premium= $1,700

Profit on investment= Profit from call option - Profit from premium

Profit on investment = 1,100 - 1,700 = -$600

So there is a loss of $600

4 0
3 years ago
Read 2 more answers
HELP ME PLEASE
ikadub [295]

Answer:

d

Explanation:is wrong i got it wrong on edg

3 0
2 years ago
Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will gi
ivolga24 [154]

Answer:

The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners

Explanation:

Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."

Other benefits to derived include:

1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.

2. The franchisee's management abilities can be enhanced without extra cost

3. Transactions established on proven and famous brands.

6 0
2 years ago
A key aspect of participative leadership is ______. decreasing repetitive work creating an inclusive environment clarifying the
oksian1 [2.3K]

A key aspect of participative leadership is: A. decreasing repetitive work.

<h3>What is participative leadership?</h3>

Participative leadership can be defined as a form of leadership and management style that involves an invitation of all of the team members to join in the decision-making processes and proferring solutions to a problem.

Basically, a fundamental characteristic and key aspect of participative leadership is that it would help to decrease repetitive work in a business organization.

Read more on leadership here: brainly.com/question/25927714

5 0
2 years ago
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