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lana66690 [7]
2 years ago
8

Fascinating Fez, a 125-year-old hat and cap manufacturer, markets very high-quality stylish headwear, many of which cost more th

an $1,000 each, to fashionistas globally, always maintaining its reputation of superior value in its narrow market. Fascinating Fez is using a cost-focus strategy.a) trueb) false
Business
1 answer:
alexandr402 [8]2 years ago
5 0

Fascinating Fez is using a cost-focus strategy is False

Explanation:

The business aims to achieve a competitive advantage in its particular market segment through a cost based approach.

In this case, differentiation approach is the technique used by the hat maker. When applying this approach, a organization insists on the supply of differentiated goods, namely exclusive goods of superior quality this differ from rivals.

Cost concentration is on cost savings in specific markets, thus discriminating between different goods that meet the needs of customers in a broad business segment.

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Habib withdrew $100,000 from his bank account paying 5% interest to purchase equipment for his construction company. If Habib ea
daser333 [38]

Answer:

$5,000

Explanation:

Given that,

Accounting profit = $10,000

Interest rate = 5%

Amount withdraw = $100,000

The economic profit is calculated by subtracting implicit costs and explicit costs from the total revenue.

Accounting profit is determined by subtracting explicit costs from the total revenue.

Accounting profit = Total revenue - Explicit costs

Economic profit:

= (Total revenue - Explicit costs) - Implicit costs

= $10,000 - (Interest income)

= $10,000 - (5% × $100,000)

= $10,000 - $5,000

= $5,000

6 0
2 years ago
A sales firm regularly enrolls some of its employees in a six-month marketing course with a leading university. At the end of th
Firlakuza [10]

Answer:

Externship

Explanation:

Externship refers to an agreement between the employer and university wherein the university imparts skills required by the employer from employees which relate to a particular job designation.

Externship enables the employees to gain a short term practical knowledge which is related to their job position. Externship, unlike internship is for a shorter duration and during such a course the volunteered employees supervise the learning process of the externs.

Such a concept is also referred to as Job shadowing.

7 0
2 years ago
Naomi is preparing the company’s cash budget. when preparing the cash receipts section, she included cash sales, receipts of int
sergij07 [2.7K]

The error of Naomi is that she included the receipts of interest, receipts of dividends, and proceeds from planned sales of plant assets in the cash receipts section. This section would only include the cash sales and collection of accounts receivable with the forecasted sales per month of the company. As a result of this error, the cash receipts would be too high. 

6 0
2 years ago
In 2017, BPhone produces 5000 mobile phones and the total labor used to make the 5000 mobile phones is 4000 hours. Using the app
Kamila [148]

Answer:

d.1.25

Explanation:

To find the productivity ratio, we use this formula:

Productivity ratio = Output / Input

now, we plug the amounts into this formula:

Productivity ratio = 5,000 / 4,000

                            = 1.25

Thus, the correct answer is d).

7 0
2 years ago
Heller Company issues $950,000 of 10% bonds that pay interest semiannually and mature in 10 years. What is the bonds’ issue pric
barxatty [35]

Answer:

A. $ 748,714

Explanation:

This 10-year bond with semiannual coupon payment will have 20 coupon payments plus 1 par payment at maturity. The bond price issuing price is the present value of all coupon payments as well as par value. Let formulate the bond price as below:

Bond price = [(Coupon rate/2) x (Par value)]/[1 + (Market interest rate/2)]  + [(Coupon rate/2) x (Par value)]/[1 + (Market interest rate/2)]^2 + ...+ (Coupon rate/2) x (Par value) + Par value]/[1 + (Market interest rate/2)]^20

Putting all the number together, we have:

Bond price = [(10%/2) x (950,000)]/[1 + (14%/2)]  + [(10%/2) x (950,000)]/[1 + (14%/2)]^2 + ...+ (10%/2) x (950,000) + 950,000]/[1 + (14%/2)]^20 = 748,714

7 0
2 years ago
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