answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
2 years ago
5

Gems Corp. is a leading jewelry brand that finds it hard to make as much profit as its competitors. In order to overcome this, t

he employees of Gems Corp. decide to work harder to provide unique value to customers and increase the sales of the company. After a year, it is able to make more profits than its competitors. This scenario best illustrates ________.
Business
1 answer:
s344n2d4d5 [400]2 years ago
5 0

Answer:

competitive advantage

Explanation:

The competitive advantage of a company is what differentiates a company from other companies and attracts customers to the firm.

The competitive advantage of Gems Corp. is to provide unique value to customers

You might be interested in
A bank has $8,000 in deposits and $6,000 in loans. it has loaned out all it can given the reserve requirement. it follows that t
True [87]
<span>The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.</span>
4 0
2 years ago
The ________ function is responsible for making sure customers are aware of the company's products. Group of answer choices
ANEK [815]

Answer:

sales and marketing.

Explanation:

The sales and marketing function is essential to ensure that the customer knows and has access to the company's products through an effective communication, distribution and customer service system.

There needs to be planning and research to identify who your potential consumer is, what are their needs and preferences, where they usually buy the product, how often, what their income, which media they access most, etc., so that there is the correct allocation of resources for advertising, product distribution and other variables, so that the product is available to the customer in the right place, in the right quantity, at the right time and quality.

4 0
1 year ago
The manager at East Coast Manufacturing organizes costs to prepare the Costs of Quality report. The manger compiled the followin
Angelina_Jolie [31]

Answer:

The total cost of quality the manager should use to report the costs in the internal failure cost​ category is $297,000

Explanation:

The computation of the internal failure cost is shown below:

=  Rework cost + Cost of rejected units

= $257,000 + $40,000

= $297,000

The cost of internal failure includes both the cost of rework and the rejected units.

The other information which is given in the question is not relevant. Hence, ignored it as it would not be considered and thus not taken in the computation part.

4 0
2 years ago
The ____________ firewire connector must use a separate power supply.
9966 [12]

The 4-pin Firewire Connector must use a separate power supply.   4-pin Connectors are used for Laptops, Camcorders and other small devices  4-pin lacks the power connectors, it is for  data only.


3 0
2 years ago
The next two questions refer to the following fictional financial statement from Katie's Kicks: Revenue: $500,000 Shoes: $250,00
balu736 [363]

Answer:

502

Explanation:

In this question, we are asked to calculate the number of additional shoes to be sold to cover a $25,000 investment in advertising whilst also maintaining current contribution to the company.

Firstly, we calculate the sum of variable expenses;

This is the sum of shoe boxes and shoes = 1,000 + 250,000 = 251,000

Now, we proceed to get the contribution margin.

Mathematically, contribution margin = Revenue - Total variable expenses = 500,000 - 249,000 = 251,000

The contribution margin per part can be calculated as ;

Contribution Margin/currently selling pairs of shoes= 249,000/5000 = 49.8

The additional parts to be sold = Investment in advertising/contribution margin per shoes

= 25,000/49.8

= 502

4 0
2 years ago
Other questions:
  • Arby's builds a new restaurant on the same street as burger king and mcdonalds. what principle of value does this illustrate?
    9·1 answer
  • The flexible or telecommuting schedule is most likely an option offered in:
    10·1 answer
  • To get to a remote village, you have to cross a wooden bridge that spans a deep chasm. Concerned about the structural integrity
    5·1 answer
  • In the current year, Keyaki Construction Company exchanged a building, which cost $530,000 and had accumulated depreciation of $
    15·1 answer
  • Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili
    5·1 answer
  • Which of the following statements is FALSE? a. Cause-and-Effect forecasting assumes that one or more factors are related to dema
    14·1 answer
  • At Haptic Manufacturing, all employees are required to take safety training every six months. The top executives understand the
    6·2 answers
  • Vegetarian Delights has been experiencing declining market conditions for its specialty foods division. Management decided to te
    13·1 answer
  • For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu
    5·1 answer
  • Mr. Barker enjoys a comfortable retirement income. He recently had surgery and expected that he would have certain services and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!