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butalik [34]
4 years ago
11

Which description best fits andrews? for clarity: - a differentiator competes through good designs, high awareness, and easy acc

essibility. - a cost leader competes on price by reducing costs and passing the savings to customers. - a broad player competes in all parts of the market. - a niche player competes in selected parts of the market. which of these four statements best describes your company's current strategy?
Business
2 answers:
DochEvi [55]4 years ago
6 0
I had to look for the options and here is my answer:

So based on the given statements above related to the descriptions of Andrews, we can say that the one that best illustrates the current strategy of the company is that ANDREWS IS A BROAD COST LEADER. (This answer is based on the actual options attached to this question.)
Kamila [148]4 years ago
4 0

The best description fits Andrews is a cost leader competes on price by reducing costs and passing the savings to customers.  

EXPLANATION  

Andrew Carnegie is the best example of the American steel monopoly industry. He began his career by working in a cotton factory in Pittsburgh. In 1859 Andrew began to move up to a strategic position on the Pennsylvania Railroad. From there, he tries to invest in the oil and steel industry.

At the age of 30th, around the 1870s, he entered the steel industry. It did not take long, because two decades later he dominated the American steel industry. Carnegie could achieve that because he managed to maximize profits and reduce adding to his other companies.  

Carnegie’s steel company did not need to worry about expensive steel and transportation because it has all the companies in that field. He could easily manage the rotation of his steel industry wheels. Mastery of many aspects in one of these fields managed to monopolize the American steel industry.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• Andrew Carnegie purpose for publishing wealth: brainly.com/question/4198082  

KEYWORD: Andrew Carnegie, American steel industry, monopoly

Subject: History

Class: 10-12

Subchapter: American Industry

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Explanation:

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3 years ago
A firm has the following accounts and financial data for​ 2017: Sales Revenue ​$3,060 Accounts Receivable ​$500 Interest Expense
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Answer:

$280

Explanation:

Given that Sales = $3,060

Minus: Cost of goods sold = $1,800

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Hence, in this situation, the correct answer is $280 per share

4 0
3 years ago
Describe all business activities from the time a customer arrives to the time that customer departs your favorite fast-food rest
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Answer: The answer is provided below

Explanation:

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The first thing is welcoming the customer to the restaurant, after the customer sits down, a waiter for to the customer and gives the menu to the customer for him or her to choose the kind of meal he or she wants. After the customer has chosen the meal, the order is received and then filled. The food is then brought to the customer with an accompanying bill for the customer to make payment. Lastly, when the customer has finished eating, the waiter and security at the gate thanks him or her on their way out.

2. The costs are:

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ii. Utility bills such as electricity and water.

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iv. Cost of the ingredients for the meals.

3. Fixed cost is a cost which doesn't vary with the production output while variable costs are the costs that varies with output. For the (ii) above, the fixed costs are: salary of staffs, rent, utility bills because these costs doesn't usually change while the variable cost is the cost of the ingredients for the meals.

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4 years ago
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3 years ago
Carl is evaluating a stock that just paid a dividend of $2.00 per share. He expects this dividend to grow by 4% per year, and he
artcher [175]

Answer:

$29.71

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Value of Stock can be determine by Dividend Valuation method.

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is determined by calculating present value of future dividend payment.

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