One of the reason why there's a need for human resource planning

Brandy and Teri are competitors in the bakery business in a small wealthy upscale resort town. Brandy recently negotiated a cont

Flauer [41]

Answer:

b. False

Explanation:

In a competitive environment, pricing strategy is one of the strategies to ensure efficiency and profitability. But lowering of prices at the expense of deterioration in the quality of product offerings cannot be a recommended strategy.

The four competitive strategies specified by Michael Porter are namely, Cost Leadership, Differentiation, Cost Focus and Differentiation focus.

Under Cost leadership, a firm strives to offer it's products at the lowest cost and be the cost leader in an industry.

Differentiation refers to adding unique attributes and values to the products which differentiates such products from those of the competitors.

Cost focus refers to cost leadership when targeted at a particular marketing segment and similarly, differentiation focus is differentiation when applied to a specific marketing segment.

A firm cannot focus at price at the expense of quality of it's offerings. Thus, keeping prices down isn't all which matters.

4 0

3 years ago

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi

PilotLPTM [1.2K]

Answer:

The required return is 7.92%

Explanation:

Required return is defined as the minimum return which the investor expects to accomplish through investing in the project.

The required return would be computed as:

Required return = Dividend paid each year / Selling price per share

where

Dividend paid each year is $6,40

Selling price per share amounts to 480.80 per share

Putting the values above:

Required return = $6.40 / $80.80

Required return = 7.92%

7 0

3 years ago

In 1993, Sheffield Company completed the construction of a building at a cost of $2,340,000 and first occupied it in January 199

erastova [34]

Answer:

Annual depreciation expense is $23,547

Explanation:

In the year 2022 the cost of the building will be written down value.

Using straight line depreciation method : (Cost - Salvage value ) / Useful life

Depreciation in 1994 = ( 2,340,000 - 69,600 ) / 40 years = 56,760

There is addition construction in year 2004 the carrying value of the building will be :

2,340,000 - ( 56,760 * 20 ) = 1,204,800

Depreciation in 2004 : ( 1,204,800 + 585,000 ) - 23,400 / 30 years = 58,880

Carrying value on 2022 :

1,789,800 - ( 58,880 * 18 years) = 729,960

Depreciation expense in 2022:

729,960 / 31years = $23,547

5 0

3 years ago

With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple m

Fofino [41]

We can actually deduce here that based on the change in demand in the apple market, price and quantity will change in such a way that the price and quantity will increase.

<h3>What is change in demand?</h3>

Change in demand actually refers to the way that the demand on goods and services change as result of price increment or decrease or other factors.

We see that if the demand for apples increase as a result of the additional health benefits, the price and quantity will also increase.

Learn more about change in demand on brainly.com/question/4371942

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8 0

2 years ago

Question 3: what is the total period cost for the month under variable costing?

lesantik [10]

beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.

underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.

General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.

length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.

Learn more about variable costing here: brainly.com/question/6337340

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5 0

2 years ago