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2 years ago

Instead of trying to appeal to the entire marketplace, smart marketers and smart companies will try to find out ______.

1 answer:

7 0

They will likely find out the customer’s liking and groups in which will serve best for their advantages of having to attract more consumers and to sell their products more. They will likely target this goal than to try appealing the market place because the customer will bring more advantages to the company or in field of business and market.

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On average, a firm collects checks totaling $250,000 per day. It takes the firm approximately 4 days from the day the checks wer

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2 years ago

Select the four common tools managers use to analyze competitive intelligence and develop competitive advantages. a. The three g

ICE Princess25 [194]

Answer:

a. The three generic strategies

b. Value chain analysis

e. SWOT Analysis

g. The Five Forces Model

Explanation:

The four tools commonly used by managers to develop competitive advantage are; The three generic strategies, value chain analysis, SWOT Analysis and The Five Forces Model.

The three generic strategies are used to determine if the organization intends to compete from a position of cost leadership (offering low cost products), product differentiation (offering unique, high quality products) or choosing a specific niche to serve.

When managers use the SWOT analysis, they analyse the strengths and weaknesses of their organization as well as those of competitors, and also look out for opportunities to improve, and threats to be avoided.

Managers use the Value chain analysis, to determine how to reduce cost, improve profitability and increase value for customers, by monitoring the various processes involved, in production and delivery of goods, as well as after sale customer service.

Porter's five forces model is used by managers to determine the extent and strength of competition in an industry and what industry to enter or avoid. It also provides information on the bargaining power of buyers and suppliers in the market and the threat of substitute products to the organization's products.

4 0

2 years ago

Read 2 more answers

A court adjudicates henry mentally incompetent and appoints inez to be his guardian. later, without inez's knowledge, henry sign

Nonamiya [84]

The contract Henry entered into to sell his farm is void and not enforceable. Henry is not mentally competent to enter into such arrangements and the courts will not uphold the sale.

3 0

2 years ago

You have just reviewed the financial statements of Penelope's Candy Store (PCS). You have determined that PCS has a Profit Margi

Contact [7]

Answer and Explanation:

Penelope Hassey has to assume that the total sale of the firm is $100 and given that the Profit Margin ratio is 19%.

The scenario shows that on every $100 of sale company get a net profit margin of $19

Note :

Profit margin = Net sales × Profit margin ration

Profit margin = $100 × 19%

Profit margin = $19

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2 years ago

Cass & Company has the following data. How many days is the firm's cash conversion cycle? Inventory conversion period = 50 d

Savatey [412]

Answer:

42 days

Explanation:

Given that

Inventory conversion period = 50 days

Average collection period = 17 days

Payable deferral period = 25 days

Now The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Inventory conversion period + Average collection period - Payable deferral period

= 50 days + 17 days - 25 days

= 42 days

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2 years ago