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2 years ago

Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the.

1 answer:

5 0

Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.

<h3>What is strategic management?</h3>

Strategic management can be defined as the plan in motion to implement the aims and objective of an organization.

Here, strategic management is important because it makes the necessary plans and policies by making sure that the vision statement of the company is achieved.

Hence, Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.

Learn more about strategic management here: brainly.com/question/24845876

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In the world of marketing, _____ are ideas about products or services

Burka [1]

I guess there should be an options to choose . Anyway I think that the sentence should sound like this: In the world of marketing, <span>concepts</span> are ideas about products or services

6 0

3 years ago

The _____ refers to the consumer's perception of the product as a bundle of values of utilitarian and symbolic values that satis

Mamont248 [21]

Answer:

Product Concept

Explanation:

The one which represent the perception of the consumer or customer of the product as a bundle of the values of symbolic as well as utilitarian values and that satisfy the psychological, functional, social and the other needs and wants of the customer will be referred to as the product concept. And it is basically a blueprint of the idea.

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3 years ago

Closing entries are journalized and posted:_______.

Gnoma [55]

Answer:

The correct answer is letter "B": after the financial statements are prepared.

Explanation:

A closing entry is a journal entry after the preparation of the financial statements, at the end of an accounting period. This closes a temporary account and moves all the information either to a permanent balance sheet or to the income statement. Temporary accounts include revenue, expenses, and dividends and must be closed at the end of the year.

6 0

3 years ago

Management at the Flagstaff Company currently sells its products for $250 per unit and is contemplating a 40% increase in the se

elena-s [515]

Answer:

393 units will need to be sold to breakeven

Explanation:

Break even point is the point where a Company makes neither makes a profit nor a loss.

Step 1 : Calculate new variables

New Sales = $250 x 1.40 = $350

Variable Costs = $250 x 30 % = $75

New Fixed Costs = $120,000 x 90 % = $108,000

Step 2 : Break even (units)

Break even (units) = Fixed Costs ÷ Contribution per unit

= $108,000 ÷ ($350 - $75)

= 393 units

Thus, 393 units will need to be sold to breakeven

8 0

3 years ago

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y

Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV $(1+\frac{r}{n} )^{n*t}$