1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
butalik [34]
3 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]3 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]3 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

You might be interested in
Manufacturing companies especially those which manufacture chemicals or use chemicals must be in compliance with construction la
wolverine [178]

Answer: right to know laws

Explanation: Under the laws of right-to-know, it is the right of workers to avail their employers  information on the hazardous chemicals at the workplace. This is in accordance with the OSHA standards and is therefore applicable to manufacturing companies, particularly those producing chemicals or using chemicals.

This law specifies perspectives such as:-

1. Employer must maintain a list of all hazardous products in the work place.

2. Labeling of chemical containers must be done.

3. Material safety data sheets must be prepared.

4. Workers must be trained to use such chemicals.

3 0
3 years ago
Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior
Taya2010 [7]

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

  • rent seeking behavior
  • Regulatory capture
  • rational ignorance
  • logrolling

Learn more about rent-seeking behavior at brainly.com/question/13767756

#LearnwithBrainly

4 0
3 years ago
Suppose two economists are debating tax reform bill. Both economists agree that the bill would increase the after-tax income of
Margarita [4]

Answer:

The correct answer is letter "C": Different choices about the right simplifications to use in economic analysis.

Explanation:

Economic Analysis refers to the study of economic situations within a region using different tools for that purpose that will let determine what the possible solutions and consequences of taking decisions of those situations could be. That is why in the case the two economists after analyzing the effects of the tax reform bill decided not to implement it.

5 0
3 years ago
Amazon.com and barnes and noble are in the same industry, but their primary difference can be defined as two companies that have
Alenkinab [10]
<span>their primary difference can be defined as two companies that have different : business models Amazon provide a medium so other sellers could sell their books through their sites. This way, they won't need any space for their house cause they sell other's product. Meanwhile, barnes and nobles is a book retailer, which means they produce and put their own books to the stores.</span>
6 0
3 years ago
Fiscal policy refers to the idea that aggregate demand is affected by changes in Group of answer choices the money supply govern
Alik [6]

Answer:

All answers are correct except Money Supply

Explanation:

Fiscal policy affects aggregate demand through government spending and taxes. Government may increase taxes to increase revenue or discourage the consumption of a product. On the flipside, they may reduce taxes to stimulate spending, redistribute income, increase aggregate demand among other objectives.

Money supply is a monetary policy and it is used by the central bank to achieve certain objectives (reduce inflation, stimulate growth, increase demand, etc.)

Government spending is a fiscal policy that government uses to achieve a set of objectives (i.e. to supply goods and services that are not provided by the market or private sector – construct bridges, provide health facilities, social programmes for the poor among others).

Taxes – Tax is a fiscal policy tool used by the government to generate revenue, encourage or discourage the consumption of certain products or affect aggregate demand through income redistribution.  

Trade policy could be in the form taxes (i.e. tariffs, import duties, custom duties among others). Trade policy is a fiscal policy as government can use it to control aggregate demand by placing embargo on the importation of certain products to reduce the demand of such products in the local economy.

5 0
3 years ago
Other questions:
  • What is the difference between a hands-off manager and a hands-on manager?
    11·2 answers
  • Under the HIPAA Security Rule, which is NOT considered a covered entity (CE)?
    8·1 answer
  • A local government sells bonds having a face value of $1,000,000 at par. The bond proceeds will be accounted for in a Capital Pr
    6·1 answer
  • The following descriptions illustrate several mistakes that decision makers might have made as they were deciding how to rebuild
    10·1 answer
  • Play-It-Loud, LLC, provides music-streaming services online subject to complex pricing schedules. To control specific offers for
    10·1 answer
  • In January of this year, Amazon bought a machine for $220,000. The machine has a useful life of 10 years and a salvage value of
    9·1 answer
  • When sales exceed production and the company uses the LIFO inventory flow assumption, the net operating income reported under va
    12·1 answer
  • Jubilee, Inc., owns 30 percent of JPW Company and applies the equity method. During the current year, Jubilee buys inventory cos
    9·1 answer
  • Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standar
    6·1 answer
  • A prosecutor convened a grand jury to bring criminal charges against a pharmaceutical corporation. The charges were related to a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!