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
Anastasy [175]
1 year ago
5

In order to implement a cost-leadership strategy effectively, a ________ structure is preferred in a firm. functional and organi

c functional and mechanistic simple and organic simple and m-form
Business
2 answers:
Delvig [45]1 year ago
8 0
In order to implement a cost-leadership strategy effectively, a <span>functional and mechanistic</span> structure is preferred in a firm. The cost leadership strategy in business was developed by Michael Porter regarding competitive advantage. The ultimate goal is to achieve the lowest cost of manufacturing and operating your product within the industry. 

kicyunya [14]1 year ago
3 0

The answer to filling in the missing parts is <u><em>functional and mechanistic</em></u>

<h2>Further explanation </h2>

The cost leadership strategy is a low-cost competitive strategy aimed at broad markets and requires "aggressively building, efficient scale facilities, intense price reductions, strict cost and cost control, avoidance of marginal customer-customer delays, and minimizing costs such as R&D, services, salespeople, advertisements and so on. Low prices serve as a barrier to competitors entering the industry, and only a few can match the cost advantage of leaders.

To carry out this strategy, companies must ensure that the total cost across the entire value chain is lower than the total cost of competitors in two ways, namely:

  1. Carrying out value chain activities more effectively than competitors and controlling various factors that might boost the costs of value chain activities.
  2. Update the company's entire value chain to eliminate or cut activities that add costs.

Low-cost leadership strategies will be very effective in the following conditions:

  1. when competing prices between competing sellers are very tight
  2. When competing seller products are essentially the same and supplies are available from all sellers.
  3. When there are several ways to achieve product differentiation that has value for buyers.
  4. When most buyers use the product in the same way.
  5. When the buyer only incurs a small cost to move to buy from one seller to another seller.
  6. When buyers are so large and have the significant bargaining power to ask for a price reduction.
  7. When new industrial entrants use low introductory prices to attract buyers and build a consumer base.

Learn more

Cost leadership strategy brainly.com/question/6214273, brainly.com/question/7425242

Details

Class: High School

Subject: Bussines

Keyword: Cost leadership strategy.

You might be interested in
Describe the different types of instructional characteristics that this program should have for learning and transfer to occur a
Misha Larkins [42]

Answer:

Answer explained below

Explanation:

Safety is very important aspect in factory to avoid injuries and accidents. The injuries and accidents depends on type of factory and safety measures taken. So all employees should have knowledge of safety in the work. There are different job profiles for different levels of the peoples in the organization. So safety instructional material will be different for different levels of employees in the organization.

The account and office employees are out of production process so they should know basic instructions such as fire safety.

The employees who are working on particular machines they should having separate instructions about handling of machines and safety measures.

The Peons and watch mans   should required different safety instructions to avoid injuries and accident.

There are various cadres of managers like Production Manager, Finance Manager, HR Manager, Marketing Manager. More accidents generally happens in production area, So production Manager has required more instructional material.

8 0
1 year ago
Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund wa
Sergio [31]

Answer:

A credit to Cash of $299

Explanation:

Journal Entry                     Debit    Credit

Merchandise inventory      $62

Delivery charges                 $46

Office supplies                    $30

Miscellaneous expenses    $51

Cash over and short             $100

Cash                                                   $299

Cash to be reimbursed = Minimum cash balance required - Cash balance left

Cash to be reimbursed = $500 - $201

Cash to be reimbursed = $299

7 0
2 years ago
Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost $8.00, annual demand of 4
torisob [31]

Answer:

Total cost = Total ordering cost + Total holding cost

Total cost = DCo     + QH

                     Q              2

Where

D = Annual demand

Co = Ordering cost per order

Q = EOQ

H = Holding cost per item per annum

D = 40,000 units

Co = $48

H = 18% x $8.00 = $1.44

EOQ = √2DCo

                H

EOQ = √2 x 40,000 x $48

                     $1.44

EOQ = 1,633 units

Explanation:

EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.

7 0
2 years ago
The owners of have it your way hot dogs have decided to place an advertisement in the local minor league baseball team's program
mart [117]

The element of marketing mix that this scenario presents is the promotion. It is because promotion is making use of media or advertisements in means of having to make your business or market to be known of to the public in which the owners of ‘Have it your way hotdog’ engages to as they made use of advertisement in the program of the league basketball team.

6 0
1 year ago
Z-Mart purchased $3,000 worth of merchandise on credit. Transportation costs were an additional $100, paid cash to the cartage c
Len [333]

Answer:

Z-Mart purchased $3,000 worth of merchandise on credit. Transportation costs were an additional $100, paid cash to the cartage company on delivery. Z-Mart returned $300 worth of merchandise and paid the invoice on time, and took a 2% purchase discount. The amount of this payment was <u>$2744</u>

Explanation:

Purchases excluding freight  $3,000

Less:Goods returned           -$300

Add:freight charges           $100

Net Purchases                 $2,800

Less:Discount on payment($2,800*2%)  -$56

Net cash paid                         $2,844

 

6 0
1 year ago
Other questions:
  • Vinnie (our friend in the video) had a lot of credit cards, and he did have fun with them! Then he nearly went broke. What was t
    10·1 answer
  • Managers perform an external analysis so that they know about​ ________.
    10·1 answer
  • Which of these describes the proper handwashing technique? When applying soap and scrubbing, you must?
    12·2 answers
  • The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate know
    6·2 answers
  • Dell is a product of the Digby company. Digby's sales forecast for Dell is 2079 units. Digby wants to have an extra 10% of units
    15·1 answer
  • Which of the following fundamental archetypes of leadership is most likely to take risks and action in a crisis? a. The Visionar
    15·1 answer
  • Eddie, a 16 year old minor, buys a car from Ace Auto and then damages the car in an accident. To disaffirm the contract and sati
    10·2 answers
  • Jay Seago is suing the manufacturer of his car for $3.5 million because of a defect that he believes caused him to have an accid
    7·1 answer
  • Sue Helms Appliances wants to establish an assembly line to manufacture its new​ product, the Micro Popcorn Popper. The goal is
    12·1 answer
  • Sanders, a 62-year-old single individual, sold his principal residence for the net amount of $500,000 after all selling expenses
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!