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Virty [35]
3 years ago
9

Costco is able to keep costs down and offer low prices thanks to a no-frill shopping experience for its 64 million members. They

offer around 4000 different products and do take into consideration customer preferences. After realizing the popularity of organic food products, Costco quickly stocked more of these items and created an initiative to help farmers buy land to grow organic crops. How does Costco prioritize efficiency and responsiveness
Business
1 answer:
34kurt3 years ago
7 0

Answer:

Costco is following Customer Oriented Strategy in the business.

Explanation:

Costco offers around 4000 different products to its 64 million members. Costco is now planning to stock more of organic products as the popularity for these products among its customers in gaining significance. Costco has also planned to help farmers to grow organic farms which will benefit the Costco customers. This is customer oriented strategy because Costco is focusing on the needs of its customers.

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Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
lisov135 [29]

Answer:

Explanation:

Number of completed barrels = 216 + (244-216)*60%

= 233 barrels

Cost per barrel = (3245+3230)/233 = 27.8

Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions

Cost of work in process ending inventory = (244-216)*60% * 27.8

= 467.04 million

4 0
3 years ago
How do I get better at Risk the Board Game
natka813 [3]
Research risk and reward strategies with tactical advantages and disadvantages and use them to create how you want to play risk, either passive or dominant in your strategy but remember to get help, theres no need to do it alone if you have friends that have experience in this game and are willing to help you create a strategy that will enhance your experience and greatly increase your skills in Risk.
6 0
4 years ago
Lego is considering an investment in Disney corporation. The risk free rate is 5% and the Beta for Disney is 1.2. Lego requires
disa [49]

Answer:

17%

Explanation:

This can be calculated using the Capital Asset Pricing Model which is given as under:

Required Return = Rf + Beta factor * (Market Risk Premium)

By putting the values, we have:

Required Return = 5% + 1.2 * 10% = 17%

Disney need to earn 17% return on investment to trigger a Lego investment.

5 0
3 years ago
Read 2 more answers
The types of decision making a consumer uses for a product does not necessarily remain constant. Why ?
oee [108]

Answer:

The decision making of a consumer goods does not change because the amount of a good consumer wants at a particular point in time is determined by some factors

Explanation:

The decision of a consumer does not remain constant, this is because, the quantity of a good consumer demand at a particular point in time is determined by several factor

Now, in the place where i am working in an MNC as a contract role. While my working period my consumption of goods increased as i was earning my own money and i did not have think more than once before purchasing any particular kind of goods

Now after that time ends, i have to collect money from my parents and now my thoughts and behavior towards consuming changed greatly.

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4 years ago
Read 2 more answers
Describe circular flow model
salantis [7]
It is something with a circle
4 0
4 years ago
Read 2 more answers
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