A manufacturer tries to benefit by using scarce resources in the following ways -
Scarce resources will reduce the cost of production leading to maximum profits.
Lesser cost of production will make it more budget friendly and popular among the customers.
Because of better margins, business can invest in research and development to offer better quality products to its customers.
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Answer: You shouldn't dwell on any negatives and weakness because you want to be truthful but also not show that you cant compose yourself and then it shows that your unable to service the job correctly.
Explanation:
Answer:
firms compete on multiple dimensions like price, quantity, and product attributes.
Explanation:
Price, product and place are common factors used by firms to establish a competitive advantage over other strategic groups within the same industry. These factors enable a firm to establish a long term projection plan for their products and services in a competitive environment.
Answer:
The correct answer is C. sales; operating profits.
Explanation:
The BCG matrix is a tool to analyze the different approaches in terms of investment of business units, in order to give a clear answer to investors on whether it is convenient to continue contributing or withdrawing from the market.
The IE matrix allows the organization to carry out a self-analysis of both its internal and external structure, in order to identify the strengths and points on which it is possible to continue working to position the organization within the market and satisfy internal and external needs. .
tomorrow no school tomorrow we can you send me the bm work please let me know what you think I should be able to do it ok to do it ok