A differentiation strategy works well when buyers are sensitive to price changes, when competing firms sell the same commodity products, and when companies can benefit from economies of scale.
a. True
b. False
Answers
"A differentiation strategy works well when buyers are sensitive to price changes when competing firms sell the same commodity products, and when companies can benefit from economies of scale." is false.
A differentiation strategy can be used to distinguish the products from those of competing firms. This makes the products different and more desirable to buyers, who are often willing to pay a higher price for them. A differentiation strategy works best when buyers aren't overly price-sensitive or when the products are complex and not easily interchangeable with others.
When competitors sell similar products, a differentiation strategy can be useful. In this situation, companies must find ways to distinguish their products from those of their competitors, and differentiation can help accomplish this. Differentiation, on the other hand, can be less effective if the products are fundamentally similar or if competitors can easily duplicate the differences. When it comes to economies of scale, companies that implement a differentiation strategy may be able to benefit from it. It can be more costly to produce and distribute specialized goods, but if there are economies of scale to be had, this can help to reduce those costs. However, differentiation strategies aren't always necessary for companies that can take advantage of economies of scale, and vice versa.Therefore, it can be concluded that the given statement "A differentiation strategy works well when buyers are sensitive to price changes when competing firms sell the same commodity products, and when companies can benefit from economies of scale." is false.
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Related Questions
A step-by-step process that involves several procedures such as defining the problem, collecting relevant information, and analyzing the information so that higher management can make a decision is called _____.
market strategy
market function
market research
market structure
Answers
Answer:
I think the answer is market research.
Explanation:
i dont know
People in _______ careers are "persuaders. " They like leadership roles, as well as sales. They often have good verbal abilities and can talk people into doing things their way. * 1 point conventional realistic social enterprising.
Answers
People in realistic careers are "persuaders. " They like leadership roles, as well as sales. They often have good verbal abilities and can talk people into doing things their way.
What is realistic career?Realistic career is a career which create leadership roles in its practitioners. It allows its practitioners have more vocal ability and ability to convince people to do their bidding.
Examples of realistic careers are
Astronauts, Firefighters, Paramedics, Veterinarians.Learn more about career:
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describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answers
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
please help
Arthur showed up five minutes late to his job interview. His interviewer will likely wonder whether he possesses which important business skill?
Group of answer choices
punctuality
responsibility
integrity
ability to follow a schedule
Answers
Answer:
D) ability to follow a schedule
Answer:
Punctuality
Explanation:
I took this test, and this was the right answer
1. What are the basic types of 3PL firms? How do they facilitate the planning and execution of freight transportation?
2. What does it mean when a company tries to mitigate its transportation risk? How can they accomplish this?
Answers
The basic types of 3PL firms include transportation-based, technology-based, and asset-based firms. They facilitate freight transportation planning and execution by offering transportation services, technology solutions, and ownership of transportation assets.
Mitigating transportation risk means taking steps to reduce the potential impact of transportation-related disruptions. This can be achieved by diversifying transportation networks, implementing technology solutions for real-time visibility, establishing contingency plans, and working with 3PL partners with expertise in risk management. These measures help companies minimize the potential disruptions and ensure smooth transportation operations.
Transportation-based 3PLs – These types of firms offer transportation services, including the management of carriers and routing options to meet customer requirements. They facilitate planning and execution by providing efficient, cost-effective transportation options. Technology-based 3PLs – These types of firms offer technology solutions to manage transportation logistics and supply chain operations. They facilitate planning and execution by providing visibility, real-time tracking, and optimization tools. Asset-based 3PLs – These types of firms own transportation assets such as trucks, trailers, and warehouses. They facilitate planning and execution by providing reliable and efficient transportation services that can be customized to meet customer requirements.
When a company tries to mitigate its transportation risk, it means they are taking steps to reduce the potential impact of transportation-related disruptions on their operations. They can accomplish this in a number of ways: By diversifying their transportation network to reduce reliance on any one carrier or mode of transportation. By implementing technology solutions that provide real-time visibility and monitoring of shipments. By establishing contingency plans for potential disruptions such as natural disasters or labor strikes. By working with a 3PL partner that has expertise in risk management and can help them identify and address potential transportation risks.
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company xyz offers a group term life insurance plan to its employees what does each employee covered
Answers
Answer: certificate of insurance
The each employee covered is certificate of insurance.
The following information should be considered:
A COI is a statement of coverage i.e. issued by the company that insures your business. Normally it is not more than one page, a COI provides a summary of your business coverage. It serves as verification that your business is indeed insured.Learn more: brainly.com/question/16911495
Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Answers
Which of the following statements about stocks is TRUE?
A stock is a type of savings account that pays interest based on current interest rates in the money market.
A stock is a share of ownership in a company.
A stock is a type of investment that invests in a mix of different types of investments.
A stock is a type of debt investment that acts like a loan.
Answers
Answer:
number 2
Explanation:
stock is a share of ownership in a company
The statement about stocks is TRUE A stock is a share of ownership in a company. Thus the correct option is 2.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
A significant positive link exists between beta and returns when there are positive worldwide profits, and a large negative correlation exists when there are negative global excess returns.
An individual buying the stock is referred to as Stockholder who earns a great profit when the purchased stocks seek growth in the market and this will helps the economy to grow side by side.
Therefore, option 2 A stock is a share of ownership in a company is appropriate.
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Please provide 3 recommendations for achieving an acceptablelevel of economic growth that reduces wealth and income inequalityand minimizes the production of greenhouse gasses.
Answers
The three recommendations for achieving an acceptable level of economic growth that reduces wealth and income inequality and minimizes the production of greenhouse gases:
1. Invest in clean energy: One of the most effective ways to reduce greenhouse gas emissions is to transition away from fossil fuels and towards clean energy sources like solar, wind, and hydro power.
Governments can promote clean energy by offering incentives for businesses to invest in renewable energy technologies, or by investing in clean energy infrastructure themselves.
2. Implement progressive taxation: To reduce wealth and income inequality, governments can implement a progressive tax system that taxes the wealthiest individuals and corporations at a higher rate than lower income earners.
The revenue generated from these taxes can then be used to fund social programs and initiatives that benefit the most vulnerable members of society.
3. Focus on sustainable development: Economic growth should be pursued in a way that is sustainable and doesn't harm the environment.
This means prioritizing investments in green infrastructure, promoting sustainable agriculture and transportation practices, and implementing regulations and policies that encourage environmentally-friendly practices in the business sector.
By taking a long-term approach to economic development, we can ensure that growth is both equitable and sustainable.
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Duties performed by warehouse case study class 11
Answers
The duties performed by a warehouse include receiving, storing, and distributing goods and materials efficiently and safely.
What are the primary responsibilities of a warehouse?A warehouse plays a crucial role in the supply chain management of businesses. Its main responsibilities revolve around receiving, storing, and distributing goods and materials.
Upon receiving shipments, warehouse staff inspect the contents for quality and accuracy verifying that the delivered items match the corresponding documentation. They then organize and store the goods in designated locations within the warehouse ensuring efficient use of space
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Which action would a government most likely take to reduce its
unemployment rate?
A. Use tax money to hire workers for government projects
B. Cut taxes on businesses that operate with very few workers
C. Increase taxes on businesses that operate outside the country
D. Cut off loans to businesses in order to reduce the money supply
SUBMIT
Answers
The unemployment rate is the unemployed divided by the sum of employed and unemployed, in order to reduce it the government can hire workers for a new project by using tax money.
What is the unemployment rate?It is the rate of unemployment calculated by the number of people unemployed to the total number of people employed and unemployed multiplied by 100.
In order to reduce it, the government can hire workers for a new project by using tax money
Therefore, option A can help in the reduction of the unemployment rate.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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PLS HELP ME
the subject is economics
Answers
Assests - Item owned that could be sold for cash.
Goal - Target or Result which is desired.
Liabilities- Money owed.
Long term Goal -A desired result that maybe attained in more than a year.
Net worth- The amount you've minus the amount you owe
Short term Goal -A desired result that maybe attained in less than a year.
Thanks for joining brainly community!In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answers
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
In calculating the current yield for a bond, the Multiple Choice coupon payment and purchase price is all that is needed. present value of the coupon payments is the only important consideration. present value of the capital gain/loss is ignored. present value of the final payment is the only important consideration.
Answers
Coupon payment and purchase price is all that is needed. This is the formula used to calculate the current yield: Current yield = Annual coupon payment / Bond price or Market value of bond x 100%.
The current yield is a measure of a bond's yield that takes into account the bond's current market price and the interest paid on the bond. The formula for calculating the current yield is quite simple; it only requires the coupon payment and the bond's purchase price.
A bond's coupon payment is the interest rate that the bond issuer agrees to pay to the bondholder. This payment is made annually, semi-annually, or quarterly, depending on the bond's terms.
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Why is carbon important in industry?
Answers
Carbon is in carbon dioxide, which is a greenhouse gas that works to trap heat close to Earth.
It assists Earth in retaining the energy it receives from the Sun, preventing it from escaping back into space. The Earth's ocean would be frozen solid if it weren't for carbon dioxide.
Carbon is found in carbon dioxide, a greenhouse gas that traps heat near the Earth. It assists Earth in retaining some of the heat received from the Sun so that it does not all escape back into space. However, CO2 is only effective up to a point; beyond that point, the Earth's temperature rises too quickly. NASA's OCO-2 and OCO-3 research satellites are studying how carbon moves around the planet.
Carbon is found in all living things on Earth. You, too, contain carbon. There's a lot of it! We, like all other living things on this planet.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
holiday laboratories purchased a high-speed industrial centrifuge at a cost of $420,000. shipping costs totaled $15,000. foundation work to house the centrifuge cost $8,000. an additional water line had to be run to the equipment at a cost of $3,000. labor and testing costs totaled $6,000. materials used up in testing cost $3,000. the capitalized cost is: multiple choice $455,000. $446,000. $437,000. $435,000.
Answers
The capitalized cost of the high-speed industrial centrifuge purchased by Holiday Laboratories is $455,000.
Capitalized cost refers to the total cost incurred in acquiring and preparing an asset for use in a business. This includes the purchase price of the asset, as well as any additional costs associated with acquiring and preparing it for use, such as installation costs, shipping and handling fees, and any other direct costs.
When an asset is capitalized, its cost is recorded on the balance sheet as a long-term asset and is depreciated over the asset's useful life. This allows the cost of the asset to be spread out over its useful life, rather than being expensed in the year of purchase.
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Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answers
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
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Define demand and supply
Answers
A company called trends plans to close a manufacturing plant in community a and relocate it to community b, where labor costs are lower. which stakeholders are likely to oppose this plan?
Answers
In the given scenario, when a company called Trends plans to close a manufacturing plant in community A and relocate it to community B due to lower labor costs.
1. Employees: The employees of the manufacturing plant in community A would likely oppose the plan as it would result in job losses. 2. Local community members: The local community members in community A may also oppose the plan as it would have a negative impact on the local economy. 3. Labor unions: Labor unions representing the employees of the manufacturing plant may oppose the plan.
4. Suppliers and service providers: Suppliers and service providers who have business relationships with the manufacturing plant may oppose the plan. 5. Local government: The local government of community A may also oppose the plan.
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Dean Smith did business as Deans's Appliance. For years, he bought appliances direct from General Electric. Deans's Appliance was sold to Smitty's Appliance, Inc. and Smitty hired Dean as manager, but General Electric did not know of the ownership change. Dean ordered a truckload of appliances from General Electric, as he had done many times. But when the invoice came due, Smitty refused to pay, claiming the order was a mistake, and it had not authorized Dean to make the order. General Electric sued both Smitty and Dean personally. What is the most likely outcome
Answers
Answer:
The court gave judgement against Dean because of fraud.
Explanation:
In the context, it is given that General Electric did business with Dean Appliances. Now Deans's Appliance was sold to Smitty's Appliance, Inc., to which Geneal Electric was unaware.
Smitty hired Dean as his manager and now Dean ordered appliances from General Electric as earlier he had done. But Smitty refused to pay when the invoice came due saying that Smitty did not authorized Dean to make those orders.
General Electric sues Smitty and Dean personally. The most likely outcome of the lawsuit is that the court punishes Dean for breaching and doing fraud with both Smitty and General Electric. Dean is found guilty.
A country produces only bananas and robots. If it produced only bananas with all its available resources, it could make 60 million units. If it produced only robots, it would produce 20 million units.
Graph the production possibilities curve for this country, assuming constant opportunity cost between the two goods—place bananas on the vertical axis and robots on the horizontal axis. Indicate a point on your graph, labeled A, that represents full employment and a possible combination in which both goods are being produced.
My Response: Understanding that every 15 million units of bananas equals 5 million units of Robots, now looking at my graph, you can see that the point labeled A means that at full employment, producing 50% of both goods gives you 30 million units of bananas and 10 million units of Robots.
What is this country's opportunity cost for producing a robot? Explain.
My Response: If we divide 60 Million / 20 Million = 3. So the opportunity cost for producing a robot is 3.
What would the area beyond (outside of) the country's PPC represent?
My Response: The area beyond the country’s PPC basically means the country is not able to produce in that area because it doesn't have the resources to do so. It's impossible or currently unattainable with the setup it has. Needs to improve “Factors of Production”
Assume that the country enters a recession. Label a point that could correspond to its output on your graph, labeling it B.
My Response:
Assume that a new fertilizer increases the efficiency of producing bananas. The productive capacity of robots is unaffected. Illustrate the impact of this change on your graph from part (a). Use an arrow to indicate the direction of the change.
My Response:
Another country with constant opportunity cost can produce 80 million units of bananas with all of its available resources or 10 million units of robots with all of its available resources. Calculate the opportunity cost for this country to produce 2 million units of robots.
My Response:
Answers
It should be noted that in the PPC, the downward sloping line 'ab' is the production possibility curve.
How to illustrate the information?In the diagram, since point 'A' falls on the PPC itself, it represents the full employment of resources. Point 'A' represents the combination of 30 million bananas and 10 million robots.
Opportunity cost producing a robot = Total bananas possible / Total robots possible
Opportunity cost producing a robot =60/20
Opportunity cost producing a robot = 3 bananas
The area outside PPC represents the unattainable combinations of two goods.
During the recession, the resources are inefficiently used and the production combination is represented by point 'B' which falls below PPC When the production technology improves only for one good and not for the other, the PPC rotates
Marginal opportunity cost of a robot = 80 million bananas / 10 million robots
The marginal opportunity cost of a robot = 8 bananas
Opportunity cost of 2 million robots = 8 bananas × 2 million
The opportunity cost of 2 million robots will be 16 million bananas.
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You are applying to a job after reading the listing on a job board website. The
listing requests that applicants email a copy of their resume to the company's
recruiter. What's the best way to send your resume?
Answers
Answer:
via e mail
the reason for this the company is requiring applicants email and a copy of their resume
Refer to Table 7-5. If the market price of an orange increae from $0. 60 to $1. 05, then conumer urplu
Answers
Answer:
Can I have the Table or Chart that is provided to the question? Please and thank you!
Maria, a single taxpayer, had losses totaling $30,000 from a rental real estate activity in which she actively participated. Maria also had $15,000 of income from another rental real estate activity in which she actively participated. She acquired both investments in the current year. If Maria has no other passive income and adjusted gross income before passive losses of $70,000, how much loss from rental activities can she use to offset her portfolio and active income?
Answers
Answer:
$25,000
Explanation:
The computation of the loss from rental activities is shown below
If there is any loss arise from the real estate with respect to the rental activity so the same would be deducted from the passive income
The losses till $25,000 would be used for offset active or the income of the portfolio
Hence, $25,000 would be the losses
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
Answers
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
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determine the reactions at the supports A and B for equilibrium of the beam
Answers
We can break the beam by methode of superposition. After methode of superposition, the beam will be RB1 = 700 N, and RB2 = 1800/7 N.
When the observable parameters, such as colour, temperature, pressure, concentration, etc. do not vary, the process is said to be in equilibrium. As "balancing" is the definition of the word "equilibrium," it follows that a chemical reaction represents a balance between the reactants and products involved in the reaction. In some physical processes, such as the melting of ice at 0°C, when both ice and water are present at equilibrium, the equilibrium state may also be observed. Physical equilibrium refers to the equilibrium that results from physical processes like the melting of solids, the dissolving of salt in water, etc., whereas chemical equilibrium refers to the equilibrium that results from chemical reactions.
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What causes the gross domestic product to go up?
A.) a rising unemployment rate
B.) more investment in businesses
C.) a reduction in exports
D.) less government spending
Answers
Answer: B
Explanation: No
More investment in businesses causes the gross domestic product to go up. Thus, option 'B' is the correct option.
What is the gross domestic product?Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The contribution of each industry or sector to the overall GDP may also be quantified.
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Understand why organizations budget and the processes they use to create budgets.
Answers
A budget is a forecast of income and expenses over a specified future period. Businesses, governments, and households use budgets that are essential to the efficient running of a business (or household). Business budgeting not only serves as a manager's action plan, it also serves as a point of comparison at the end of the period.
A company's budgeting process can be difficult, especially when customers don't pay on time or when sales are sporadic. There are different types of budgets that businesses use, including operational budgets, overall budgets, and static and flexible budgets. This article examines how companies approach budgeting and how companies deal with underfunded budgets.
The budgeting process for a business can be complicated, but a budget essentially compares a company's income and expenses over a specific period of time.
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