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slega [8]
2 years ago
7

Orange Superstore is largely customer centric and economical in its methods. The store sells the best quality products at prices

that are lower than other stores. The store depends on the fact that its salespeople get better at completing their tasks over time. This method used by Orange Superstore is an example of _____.
a.proprietary knowledge strategy

b.sustained competitive advantage strategy

c.cost limitation strategy

d.cost advantage strategy
Business
1 answer:
balandron [24]2 years ago
7 0

Answer:

The correct answer is letter "D": cost advantage strategy.

Explanation:

Cost advantage strategy is a technique implemented by companies to provide equal benefits to consumers at a lower price than competitors. Firms achieve this practice by maximizing the utilization of technology, processes, and resources. If a company implements and sustains operations with a cost advantage strategy it is said it has obtained a comparative advantage.

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Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl
xz_007 [3.2K]

Answer:

Direct Labor 574,000 Manufacturing Overhead 163,000 Wages Payable 737,000

Explanation:

The journal entry is shown below:

Work in process A/c Dr $574,000

Manufacturing overhead A/c Dr $163,000

             To  Wages payable A/c $737,000

(Being direct and the indirect cost is recorded)

For recording this given transaction, we debited the work in process account and manufacturing overhead account and credited the wages payable with the total amount

8 0
2 years ago
Ross purchased a new commercial vehicle today for $25,000. the entire amount was financed using a five-year loan with a 4 percen
Feliz [49]

Answer:

$28,121

Explanation:

The formula for compound interest is A=P(1+r/100)t, (t) is in the exponent.

P=25,000

r=4

t=3

Once we input the values it will be: A=25000(1+4/100)3

And so our answer is $28,121

P.S The reason we are using compound interest formula is bcz the said (<u>compounded </u>monthly)

6 0
2 years ago
In the _____ stage of the advertising development process, the Fallon team conducts research to determine whether or not consume
Alja [10]

Answer:

Evaluation Phase

Explanation:

5 0
1 year ago
A local regulator has calculated the average cost of production for the public water utility. Theregulator has allowed an adjust
Varvara68 [4.7K]

Answer:

A. cost-plus regulation

Explanation:

When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.

It is usually carried out by the government.

8 0
2 years ago
Jenna works at the grocery store and earns $9 an hour. She is busy with extracurricular activities and only works 20 hours durin
german

Answer:

earnings/per year - cost/per year - taxes = profits

Explanation:

20 h /week a  year has  4 weeks  20*52=1040 h/month

8h /1sunday a year  she only work 12 sundays   8h*12=96h

$9 /h earnings

$1000 fixed costs

$1500 travel

20% taxes

1040+96= 1136h/year

1136*9= 10224 $/year total earnings

10224-1000-1500=7724 profits before interest and taxes

7724*(1-0.20)=6179.20 total profits

7 0
2 years ago
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