Answer:
The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a business-level strategy
Explanation:
The business-level strategy focused on increasing the value of the business to the customer while keep trying to increase profit. We can divide the strategy into 4 main types based on the source of competitive advantage and the business scope.
When the business source of competitive advantage is cost, the business will trying to have the cheapest price compared to other competitors. Another option of the competitive advantage is the differentiation of the product, making different products than your competitor.
The scope will also be divided into two types. Broad scope is when the business target a wide range of the market. Narrow scope is when focusing at niche market.
Answer:
D) Shift of the demand curve for Z to the left
Since both the equilibrium quantity and price decreased.
Explanation:
A rightward shift of the demand curve should increase both the equilibrium price and quantity.
A rightward shift of the supply curve should increase the equilibrium quantity and decrease the equilibrium price.
A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.
Answer:
If for some reason Costco was to suffer from a lawsuit then it would have no choice but to cut the pay rates of their employees. Also, if there was a depression in the economic that caused a dramatic decrease in the stores profit.
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