Answer:
To make a systematic inventory of Starbucks's competitive capabilities. you would conduct an assessment of Starbucks' <u>competitive set via a strategy matrix</u>
Explanation:
Making a systematic inventory of a company's competitive capabilities will help to identify growth opportunities.
A well developed competitive determines what your business will become, measures its share performance, influence what products you developed, which consumers you targeted, where you sold the products and how you advertised and promoted them
So the first step is to list and access them to see it is strong enough to help your brand perform optimally.
This decision will drive where Starbucks focuses their attention
The Strategy Matrix is a tool that provides easy access to the solutions applied in the competitive set.
The strategy matrix can help scan possible solutions to the constraints. It combines several strategies to address several constraints according to the dynamics in the market.
Answer:
Marginal Revenue Product=150
Marginal Resource Cost= 100
Explanation:
Marginal revenue product (MRP) is the change in total revenue that results from a unit change of some type of variable input.
Marginal Revenue Product= Revenue Change
/Additional Input
Marginal resource cost (MRC) is the change in total cost that results from a unit change of some type of variable input.
Marginal Resource Cost= Cost Change
/Additional Input
In this situation we must calculate the change of revenues (MRP) and cost (MRC) when we add a new vehicle.
We are increasing our delivery fleet in 1 unit
First calculate the change in total revenue
Total revenue= 1,500 packages * $0.10 in revenue=150
Marginal Revenue Product=$150/1=150
The Cost change is $100,
so Marginal Resource Cost= $100/1=100
Answer:
The answer to this question is Upward.
Explanation:
CSIRT is at lower level then the organizational and IT/infoSec management in the hierarchical structure.
So if the CSIRT sends some information to organizational and IT/infoSec the flow should be considered as upward flow.
Hence we that the answer to this question is upward.
Answer:
Juanita should purchase the suit at the store across town because the total economic cost will be lowest.
Explanation:
three options:
-
local store 15 minutes away and a price of $114
- across town 30 minutes away and a price of $86
- neighboring city 1 hour away and a price of $60
Juanita makes $30 per hour at her work, and her purchase decision includes the opportunity cost of lost wages:
total economic cost:
-
local store = $114 + [1/4 hours x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $144
- across town = $86 + [1/2 hours x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $131
- neighboring city = $60 + [1 hour x 2 (round trip) x $30] + (1/2 hours x $30 spent shopping) = $135
Juanita should purchase the skirt at the store across town because the total economic cost will be lowest ($131)
Opportunity costs are the benefits lost or extra costs incurred for choosing one activity or investment over another alternative. Economic costs include both accounting costs and opportunity costs.
Service occupations include such categories as food services, child care, home installation, maintenance and repair, etc.