Answer:
Reid Garrett Hoffman is an American internet businessman, tech entrepreneur, writer. Hoffman became co-founder and president of LinkedIn, an enterprise-oriented social media network mainly utilized for business networking. In 2016, Hoffman transferred LinkedIn for $26.2 billion in cash to Microsoft, then entered the board for Microsoft.
Answer:
product differentiation
Explanation:
A product differentiation strategy focuses on distinguishing your company's products or services from the competition. The company must add meaningful and valued differences that will distinguish our product or service in order for our customers to view them as different or better. The goal of a differentiation strategy is to gain a competitive advantage since customers associate differentiated products to higher quality products.
Answer: Cost of Goods sold
Explanation:
Common size analysis refers to making all entries in the income statement, a percentage of sales for that year.
Current Year Prior Year
Sales 100% 100%
Cost of Goods sold 75.7% 46.5%
Gross Profit 24.3% 53.5%
Operating expenses 17.3% 35%
Net Income 7.0% 18.5%
<em>Looking at the percentages above, one can see that the COGS increased the most from the previous year by going from 46.5% to 75.7% representing an increase of 29.2%.</em>
<em>This had the most impact on Net income as it substantially reduced Gross profit. </em>
Answer:
The right approach is Option a (Bargaining power of suppliers).
Explanation:
- The concept is such an industry influences the buyer's business climate and determines the potential including its buyer to attain profitability.
- The meaning is basically how very much jurisdiction a single provider has. By supplier, I represent the industries that create the manufactured goods that even the sellers refine into the finished product to something like the sellers throughout the business. If there are several suppliers during the sector because each supplier is indeed very poor.
