The primary goal of a
firm pursuing a blue ocean strategy should be to OFFER A DIFFERENTIATED SERVICE
OR PRODUCT AT A LOW COST.<span>
<span>Blue ocean strategy is a marketing strategy which submits
that leading companies can succeed not by engaging in competition with other
companies but by systematically creating uncontested market space which are
ripe for growth. The strategy employs simultaneous pursuit of high product
differentiation and low cost, which makes competition irrelevant</span></span>
Answer:
The correct answer is $30,000.
Explanation:
According to the scenario, the given data are as follows:
Own investment = $20,000
Debt from bank = $10,000
As the business is sole proprietor, there is unlimited liability of the loss whether it is own investment or borrowed from a bank.
So, the total loss can be calculated as:
Total loss = Own investment + Debt from bank
= $20,000 + $10,000
= $30,000
Hence, the total loss is $30,000.
Answer:
Discretionary responsibility
Explanation:
Discretionary responsibility refers to a voluntary decision of a company to make a contribution to the society that it is not required to do and it is beyond the expectations to help the community. According to this, the answer is that by providing the drugs at a lower cost, GSK is fulfilling its discretionary responsability because the company is going beyond its obligations and it is contributing to society by making anti-AIDS drugs available at up to 75% less than the global price.
The beneficiary of the policy is C. Raymond
Explanation:
Life insurance policies work on the bid of the death of a person in that they pay or the insurance until their death or its maturation period so when they do die the person who is viable to get it will get the money
The beneficiary of a life insurance is never the one who is taking it but someone who is related to them usually a member of the family they want to secure after they die.
So, the beneficiary stands to get all the money which is the case here with Raymond as it is him to whom the company will pay the money.
