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kvv77 [185]
3 years ago
9

2. The Oil Producing and Exporting Countries (OPEC) is an example of A

Business
1 answer:
Lynna [10]3 years ago
7 0

I believe that it is b the cartel

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Jordan's Ice Creams is strategically located near a university. After realizing that most of its customers, who are mostly stude
True [87]

Answer:

Focused differentiation strategy.

Explanation:

The Five Generic Competitive Strategies  are:

-Low-cost provider. Striving to achieve lower overall costs than rivals and appealing to a broad spectrum of customers, usually by underpricing rivals.

-Broad differentiation . Seeking to differentiate the firm’s product or service from rivals’ in ways that will appeal to a broad spectrum of buyers.

-Focused low-cost . Concentrating on a narrow buyer segment (or market niche) and outcompeting rivals by having lower costs than rivals and thus being able to serve niche members at a lower price.

-Focused differentiation . Concentrating on a narrow buyer segment (or market niche) and outcompeting rivals by offering niche members customized attributes that meet their tastes and requirements better than rivals’ products .

Keyed to offering carefully designed products or services to appeal to the unique preferences and needs of a narrow, well-defined group of buyers (as opposed to a broad differentiation strategy aimed at many buyer groups and market segments).

-Best-cost provider . Giving customers more value for the money by satisfying buyers’ expectations on key quality/features/performance/service attributes while beating their price expectations.

7 0
3 years ago
On January 1, Year 1, Miller Company purchased equipment for $36,000. Residual value at the end of an estimated six-year service
Kay [80]

Answer:

1. $8,000

2. $20,000

3. $16,000

Explanation:

The computation is shown below using the double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 6

= 0.16667

Now the rate is double So, 0.3333%

In year 1, the original cost is $36,000, so the depreciation is $12,000 after applying the 33.33% depreciation rate

And, in year 2, the ($36,000 - $12,000) × 33.33% = $8,000

1. So the depreciation expense is $8,000

2. Accumulated depreciation is

= $12,000 + $8,000

= $20,000

3. And, the book value is

= $36,000 - $20,000

= $16,000

5 0
3 years ago
Problem 2 (9 points) The following information was taken from the income statement and balance sheet of The Perryman Company for
Len [333]

Answer and Explanation:

The computation is shown below;

The net profit margin is

= Net income ÷ sales revenue

= $184,000 ÷ $574,000

= 32%

The asset turnover is

= Sales revenue ÷ average of assets

= $574,000 ÷ ($2,142,000 + $1,998,000)  ÷ 2

= $574,000 ÷ $2,070,000

= 0.28 times

c. The return on assets is

= Net income ÷ average of assets

= $184,000 ÷ $2,070,000

= 0.089

= 8.89%

3 0
3 years ago
Go on the link abouve to be hacked
stiv31 [10]
There’s not a link and also just, what?
8 0
3 years ago
What would likely be involved in an equity release?
KengaRu [80]

Answer: delivery trucks

Explanation: I took the test

6 0
3 years ago
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