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]
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

You might be interested in
Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company
Charra [1.4K]

Answer:

Owners have limited liability.

Explanation:

A corporation is an entity , established by shareholders or individuals with the aim of making profit. It is a legal entity hence can enter into a contract, can also sue and be sued.

The legal process involved in the establishment of corporation is called incorporation. It contains the main reason why the corporation is in business, name and office address, types and number of shares to be issued.

Because the business is incorporated and also a legal entity, it means that the owners are protected personally should their be any litigation against the corporation. Moreover, the liability of the owners are limited to the investment in the corporation.

6 0
3 years ago
You use u.s. currency to pay the owner of a restaurant for a delicious meal. the currency
I am Lyosha [343]

b. has intrinsic value. the exchange is an example of barter. is your best answer.

Intrinsic value is the value of a given item without market value.  Pretty much no matter what the market value is (stock), the item's price will not change.

~

6 0
3 years ago
The management of Firebolt Industries Inc. manufactures gasolineand diesel engines through two production departments, Fabricati
GalinKa [24]

Solution:

Single factory overhead amount: the amount at which plant overheads or processing overheads are assigned to goods is referred to as single plant overhead rate.

Formula to measure a single plant-wide overhead rate:

Single plant-wide overhead rate :

\frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}  

Different development team overhead rate: this distribution system describes the various divisions engaged in the manufacturing cycle. Factory overheads are assigned to goods on the basis of the overhead cost for each of the manufacturing units.

Formula for calculating various output department overhead:

Multiple production department overhead rate:

\frac{ Budgeted department factory overhead}{ Budgeted department factory overhead}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

Single plant-wide overhead rate :  \frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}

                                                     = \frac{80,000}{10,000 DLH}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

4 0
3 years ago
Salcia is a country that depends heavily on domestic products. The Salcian government decides on the products that can be import
hoa [83]

Answer:

D) Mercantilism

Explanation:

Based on the information provided within the question it can be said that Salcia's approach to international trade is being influenced by Mercantilism. This term refers to a policy that was created in order to maximize exports of a nation while at the same time minimizing the imports. This is what Salcia is trying to accomplish by not importing anything that they can make at home.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
In the aggregate expenditures model, it is assumed that: a.gross investment (I), government purchases (G), and net exports (NX)
tiny-mole [99]

Answer:

The Correct Option is "B"

Explanation:

Total consumption model was created accordingly of traditional model. It shows the connection between the GDP and arranged spending. The condition of consumption model is as per the following:  

Y = C + I + G + NX  

Where, Y is the genuine GDP, C is Consumption, I Refers to net investment, G is government buys and NX is net ex[port.  

The total use model accept that gross investment (I), government buys (G), and net export (NX) are independent to of genuine GDP (Y) as they don't depend on salary of the economy.

3 0
3 years ago
Other questions:
  • Is it preferable for central banks to primarily target inflation or unemployment? Why?
    15·1 answer
  • Choose all that apply.
    8·2 answers
  • How many owners can own a partnership
    5·2 answers
  • Use the production function: Q = 4L1/2K1/2.Suppose that the price of labor is $5 and the price of capital is $20. Your firm desi
    5·1 answer
  • Which of the following is an example of a routine​ message? A. Lucas informs Ray that he is being transferred to another divisio
    8·1 answer
  • For accounting errors, which of the below sentences is true?
    10·1 answer
  • A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)
    6·1 answer
  • The role of music my life... <br>​
    11·1 answer
  • The market price of a bond issued at a premium is the present value of its principal amount at the market rate of interest:
    10·1 answer
  • Please answer the following questions:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!