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DiKsa [7]
3 years ago
15

cornelius owns grand games, a high-end store that retails games and toys that are handcrafted and carefully selected. cornelius

targets customers who value artisanal work, such as backgammon sets made from reclaimed lumber by local crafters. there are several stores in the area that sell mass-made toys and games that are much cheaper. to compete, cornelius offers "game nights" where he sets up game boards and invites local teens and adults to take part in light-hearted competitions, where the winners receive a 10% discount on their next purchase. cornelius also takes custom orders for game pieces that his customers want, such as 12-sided dice or newly invented games. all of cornelius’s activities are aimed at giving grand games a sustainable competitive advantage through
Business
1 answer:
Nitella [24]3 years ago
8 0

All of Cornelius’s activities are aimed at giving grand games a sustainable competitive advantage through <u>strategic positioning.</u>

  • Strategic positioning simply refers to the methods that a business can use in distinguishing itself from its competitors. It is the decision taken by a firm on how to serve the customers and deliver quality products to them.

  • Based on the information given, Cornelius owns a high-end store that retails games and toys that are handcrafted and carefully selected. Also, Cornelius targets customers who value artisanal work, this is referred to as strategic positioning.

In conclusion, the correct option is strategic positioning.

Read related link on:

brainly.com/question/24979995

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Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Yanka [14]

Answer:

False

Explanation:

In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.

Thus, the weekly benefits are not included in this and the above statement is incorrect.

4 0
3 years ago
A company issued common stock and preferred stock. Projected growth rate of the common stock is 5%. The current quarterly divide
mr_godi [17]

Answer:

8%

Explanation:

If the current quarterly dividend on preferred stock = $1.60, that means that the current yearly dividend = $1.60 x 4 quarters = $6.40

Since the yearly dividend = $6.40 and the current market price of preferred stock is $80, its expected rate of return = $6.40 / $80 = 8%

7 0
3 years ago
While a(n) Blank______ firm views the world as one market and emphasizes cultural similarities across countries rather than diff
givi [52]
  • A firm that treats the whole world as one market by emphasizing the similar cultures in all the countries is called a global marketing firm.
  • A firm that observes the world is comprised of different countries and done marketing of products in each country in a varied manner is called a multinational marketing firm.

<h3>What is a marketing firm?</h3>

A marketing firm is an entity that enabled a business to create, execute and sustain the marketing strategies in the consumer market.

  • The global marketing firm is the one that creates a standardized market in the scenario of similar cultures and adapts when the cultures are different in the worldwide market.
  • The multi-national marketing firm is the entity that introduces varied products, their branding, and promotion in various countries in which they have their businesses.

Therefore, the global marketing firm focuses on marketing in the entire world whereas the multinational marketing firm focuses on the country in which they have their business set up.

Learn more about the marketing in the related link:

brainly.com/question/27155256

#SPJ1

5 0
1 year ago
g Two countries produce bananas and sugar. In Country X each worker in a one-day period can produce either 15.4 pounds of banana
faltersainse [42]

Answer:

country X will export 27 pounds of Bananas  for 4.21 pounds of sugars

Explanation:

<u>For country X </u>

1 labor period = 15.4 pounds of bananas

1 labor period = 2.4 pounds of sugar

next calculate opportunity costs

opportunity cost of 1 pound of Banana = 2.4 / 15.4 = 0.1558

opportunity cost of 1 pound of sugar = 15.4 / 2.4 =  6.4167

<u>For country Y </u>

1 labor period = 8.7 pounds of bananas

1 labor period = 3.1 pounds of sugar

opportunity cost of 1 pound of banana = 3.1 / 8.7 = 0.3563

opportunity cost of 1 pound of sugar = 8.7 / 3.1 = 2.8064

<em>when the opportunity costs are compared </em>

<em>Country X has a lower opportunity cost for the production of banana  while </em>

<em>Country Y has a lower opportunity cost for the production of sugar </em>

Hence country X will export Banana

I pound of Banana will be exported for 0.1558 sugars

i.e. 27 pounds of Bananas will exchanged for ( 27 * 0.1558 ) sugars

27 pounds of Bananas  = 4.21 pounds of sugars

7 0
3 years ago
The federal government tends to increase their spending to get the economy out of recessions. Explain the expected impact on eac
RoseWind [281]

Answer:

Aggregate demand (AD) refers to the total demand for goods and services in an economy in an economy at a given price level.

Components of Aggregate Demand (AD); Consumption (C), Investment (I), Government Spending (G) and Net Exports (X-M).

During the recession, the government can affect aggregate demand by increasing their fiscal expenditures and reduce taxation which is known as Fiscal policy.

Expansionary fiscal policy affects aggregate demand through an increase in government spending and a reduction in taxation. Those factors influence employment and increase household income, which then impacts consumer spending and investment

Fiscal policy determines government spending and tax rates. Expansionary fiscal policy, usually enacted in response to recessions or employment shocks, increases government spending in areas such as infrastructure, education, and unemployment benefits.

Explanation:

4 0
3 years ago
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