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DENIUS [597]
2 years ago
10

A company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals Mul

tiple Choice should adopt a new competitive strategy that might better match the circumstances of the marketplace. should abandon strategy elements that have caused its weakness in the marketplace. should undertake efforts to develop a distinctive competence. is virtually blocked from using offensive strategies and must rely on defensive strategies. nearly always is relegated to a trailing position in the industry.
Business
1 answer:
scoray [572]2 years ago
8 0

Complete question:

A company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals

A. should consider divesting assets and making future investments in promising new industries.  

B. may be able to develop substitute resources that accomplish the same objective as the competitively valuable resource possessed by rivals.

C. can still marshal competitive power in the marketplace by incorporating product or service features desired by niche buyers.

D. is virtually blockaded from using offensive strategies and must rely on defensive strategies.

E. should abandon strategy elements that have caused its weakness in the marketplace.

Answer:

May be able to develop substitute resources that accomplish the same objective as the competitively valuable resource possessed by rivals.

Explanation:

The scenario on the market is changing. Changing the product mix always makes sense. Your product marketing approach is a step forward in the changing market that makes both consumers and staff involved and engaged. The production of the drug can be dangerous, though, to divert the attention from tested and established market practices.

The advantage of substitute products is to give the customer a range of goods to suit his specifications. On the other hand, businesses may pay extra costs in order to create and advertise innovative deals as the best on the market.

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2 years ago
Organic foods international has decided to increase its market share by hiring a marketing rep to visit businesses in the area a
katrin2010 [14]
<span>Organic foods is using a growth strategy. A growth strategy is a strategy companies use when they want to grow their product depth, customer basis or product knowledge. There are four broad growth strategies to help a company achieve success. The four main growth strategies are </span>diversification, product development, market penetration, and market development.  
4 0
2 years ago
Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing
Softa [21]

Answer:

$14,016 favorable

Explanation:

The computation of the raw materials price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 23,360 liters × ($5.40 - $4.80)

= 23,360 liters × $0.6

= $14,016 favorable

We simply deduct the actual price from the standard price and then multiplied it by the actual quantity so that actual value can come

8 0
2 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500.
Paraphin [41]

Answer:

$3,850

Explanation:

The computation of the machine's second-year depreciation under the straight-line method is shown below:

= (Cost of the machine - salvage value) ÷ (estimated useful life)

= ($43,500 - $5,000) ÷ (10 years)

= ($38,500) ÷ (10 years)  

= $3,850

In this method, the depreciation is the same for all the remaining useful life. Therefore, for the second year also, the depreciation expense is the same i.e $3,850

8 0
2 years ago
Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda. if they then still sel
Ierofanga [76]
The answer would be that there are few other places to purchase soda on campus; competition (or lack thereof) can play a big factor in determining price elasticity.

While nutrition information can shift consumers' preferences, we have no indication within the question of whether or not the students are well-informed of the impact of their drinking choices.

As for the third option, we are not given any information on the students' budgets, and no information with which to infer this, either. We only have information on their spending as it is related to soda, not as compared to other purchases.

Finally, given that the quantity sold does not change much despite the change in price, we can conclude that this price curve is relatively inelastic, in which case the price elasticity of demand would be closer to zero than one. This effectively rules out the last answer.
8 0
2 years ago
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