Answer:
Credit unions offer some of the best rates on credit products such as car loans, mortgages and credit cards. They provide fee-free checking accounts and savings accounts, too, without requiring a substantial minimum balance. That can be a huge relief when your funds dip into the single digits.
Answer: Indirect
Explanation: the indirect method reports net income then adjusts it.
Answer:
Retail positioning matrix
Explanation:
Value added is also known as the retail positioning matrix, which includes the element of location, product reliability, or prestige under the dimensions of the breadth of the product line and value-added. As in the given case, the Boston market has added pickup, delivery, and full-service catering to its original restaurant format, therefore, they had value-added services and they have a broad product line of frozen meals in the frozen food sections of groceries. , which should be measured on four positions in the retail positioning matrix, such as:
- high value, broad product line
;
- low value, broad product line
- high value, narrow line
.
- low value, narrow product line.
However, due to lack of information competitor and market share, we can not position the phase of company.
Answer: Strategic Analysis.
Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.
Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.
A manufacturer tries to benefit by using scarce resources in the following ways -
Scarce resources will reduce the cost of production leading to maximum profits.
Lesser cost of production will make it more budget friendly and popular among the customers.
Because of better margins, business can invest in research and development to offer better quality products to its customers.
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