Product designing enables the company to create a product that is more efficient, has more features, and is more durable, thereby increasing customer satisfaction and loyalty.
Western Steel Production Corporation (WSPC) produces steel products in Georgia. For WSPC, an example of a value-creation process is product design.
A value-creation process can be defined as the activities carried out by a firm in a bid to add value to its products or services. It is the set of activities that add value to a product or service that a company offers to its customers. Such processes allow the company to create a unique product or service that satisfies customer needs, thereby increasing customer satisfaction.
A value-creation process must be unique, and it must deliver something valuable to the customer. There are several value-creation processes that companies use, including product designing, marketing, production, distribution, and customer service.
Companies use value-creation processes to distinguish themselves from their competitors and create unique products or services.WSPC can differentiate itself from its competitors through product design.
This is because the process involves creating a product that satisfies the customer’s needs, and it involves research and development to ensure that the product is unique and of high quality. The process involves a detailed study of customer needs and preferences, market research, product testing, and product launch.
The process of product designing enables WSPC to identify the needs of its customers and create a product that satisfies those needs. It allows the company to stay ahead of its competitors and create a unique product that is difficult to copy or duplicate.
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13. (Calculating financial ratios) The balance sheet and income statement for the J. P. Robard Mfg. Company are as follows: Calculate the following ratios:
Current ratio Operating return on assets
Times interest earned Debt ratio
Inventory turnover Average collection period
Total asset turnover Fixed asset turnover
Operating profit margin Return on equity
Question content area bottom
Part 1
The company's current ratio is ______ (Round to two decimal places.)
We divide current assets by current liabilities to get the current ratio.
The company has a current ratio of 1.93, which is rounded to the nearest two decimal places. Current assets equal $580,000, current liabilities equal $180,000, and current ratio equals $580,000 / $300,000 = 1.93. Current assets equal $200,000, $240,000, and $140,000, respectively.
What are Current Liabilities?A company's current liabilities are debts or obligations that it is expected to pay off within a year or its operating cycle, whichever comes first. They include things like accounts payable, accrued expenses, taxes due, and short-term debt, and they represent the portion of a company's total liabilities that are due in the near future.
Current liabilities include the following:
Payments to be made: credit-card-purchased goods or services-related debt to suppliers.Charges accrued: salaries, interest, and rent, among other expenses, that have been incurred but have not yet been paid for.Taxes to be paid: owed to the government in income taxes.Transient obligation: Bank loans and commercial paper, for example, are examples of upcoming debt.To know more about Current Liabilities, visit:
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The visual enhancement of any drawing through color, value, and texture
Answer:
That would be the composition of a work.
Source:
"The arrangement of elements within a work of art."
https://www.tate.org.uk/art/art-terms/c/composition
Logan has $3.15 worth of dimes and quarters. he has twice as many dimes as quarters. determine the number of dimes and the number of quarters that logan has.
Computation by the help of system of equations of the number of dimes and the number of quarters that Logan has: 14 dimes and seven quarters
What is system of equations?From the question, we have the following parameters that can be used in our computation:
Worth of coins = $3.15Type of coins = Dimes and quartersTwo times as many dimes as quartersRepresent the dimes with d and the quarters with qSo, we have the following representationd = 2qWhen the dimes and quarters are converted to dollars, we have the following representations0.10d + 0.25q = 3.15
Recall that
d = 2q
So, we have
0.10 * 2q + 0.25q = 3.15
Evaluate the products
0.45q = 3.15
Divide both sides by 0.45
q = 7
Recall that
d = 2q
So, we have
d = 2 * 7
Evaluate
d = 14
Hence, the number of dimes is 14.
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Is profit the same as cash flow?
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
An S corporation had the following income and expenses: Sales $240,000 Rent expense 25,000 Business meals 5,000 Interest income 1,500 Contributions to qualifying charities 600 IRC Section 179 expense 3,000 Depreciation expense 1,800 What would be reported as ordinary income on the corporation's income tax return
The amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
Sales $240,000
Less: Rent expense ($25,000)
Less: 50% Entertainment expense ($2,500)
Depreciation ($1,800)
Ordinary income $210,700
Ordinary income involved the sales amount, rent expense, 50% of entertainment expense, and the depreciation expense
Therefore, we can conclude that the amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
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a net cash (inflow/outflow)occurs when the receipts in a category exceed the payments.
Net cash inflow occurs when receipts exceed payments.
Net cash outflow occurs when payments exceed receipts.
How does net cash inflow and outflow occur?A net cash inflow occurs when receipts in a category exceed the payments. This means that more money is coming in than going out. For example, if a business sells more products than it buys, it will have a net cash inflow.
On the other hand, a net cash outflow occurs when there are more payments than receipts in a category. This means that more money is going out than coming in. For example, if a business spends more money on inventory than it makes from selling products, it will have a net cash outflow. \
Understanding the difference between net cash inflow and outflow is important for managing cash flow and making financial decisions.
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For what reason can you infer that it might be relevant for a policy analyst to have a law degree?
A) Departments of education are in the executive branch, and most executive-branch officials have law degrees.
B) Policy analysis is a volatile job market, and it is helpful to have another field to fall back on.
C) Education policy needs to be enacted into law by our legislators and needs to comply with other state and federal laws.
D) Policy analysts tend to get sued by ideological foes, so legal knowledge is good protection.
Explanation:
i think is answer b.....m.
Scenario 1-2 You have recently been hired as the human resources manager for a small Canadian aviation company. The president of TS Inc. has asked you to review the staffing function to determine how ready the organization is to use technology in its recruitment and selection process. She is excited about the potential of utilizing staffing social networking technologies but wants to ensure you take the steps required to ensure success. D Question 37 Refer to Scenario 1-2. What is TS Inc.'s goal for recruitment? to find and screen job applicants to generate an applicant pool O to hire job candidates O to find and hire the best aviation employees D Question 38 Refer to Scenario 1-2. What is TS Inc's goal for selection? O to find the best possible aviation professionals to hire O to generate and build a large aviation applicant pool O to find and hire the best person for each aviation position O to choose aviation candidates from an applicant pool Question 39 1 Refer to Scenario 1-2. What would indicate that the recruitment and selection process has been successful at TS Inc.? the use of technology to facilitate and improve recruitment and selection the contimaed use of effective but unproven practices O the process is valid and reliable a significantly large number of applications for job positions Question 40 1 pts Refer to Scenario 1-2. What would be a critical initial question you would want to ask to assess TS Inc.'s recruitment and selection practices? What are the personnel needs of TS Inc.? How ready and committed is TS Inc. to moving beyond traditional practices to a more technical approach What are the external factors affecting the human resource and organizational strategies What are the human resource information system needs of TS Inc.? D Question 41 1 pts Refer to Scenario 1-2. What current legislative requirement challenge may have an impact on TS inc's recruitment and selection practices? O human rights, privacy, and security issues O rapid advances in information technology total compensation and reward strategy O changing work force demographics
Question 37: TS Inc.'s goal for recruitment is "to find and screen job applicants."D.
Question 38: TS Inc.'s goal for selection is "to choose aviation candidates from an applicant pool."C.
Question 39: What would indicate that the recruitment and selection process has been successful at TS Inc.? "the process is valid and reliable."B.
Question 40: A critical initial question that one would want to ask to assess TS Inc.'s recruitment and selection practices is "How ready and committed is TS Inc. to moving beyond traditional practices to a more technical approach?"A.
Question 41: The current legislative requirement challenge that may have an impact on TS inc's recruitment and selection practices is "human rights, privacy, and security issues."
Recruitment and selection are important functions that are performed by an organization to hire skilled and talented employees. The scenario describes that the president of TS Inc. wants to utilize staffing social networking technologies to ensure the success of recruitment and selection. This is important because recruitment is the first step in the hiring process. If the recruitment process is not well-planned and does not include the right resources and technology, the company might lose potential candidates.
Similarly, the selection process is also very important, as it allows an organization to select the best candidates for a particular job position.The answer to the given questions is as follows:D. Question 37: TS Inc.'s goal for recruitment is "to find and screen job applicants."D.
Question 38: TS Inc.'s goal for selection is "to choose aviation candidates from an applicant pool."C.
Question 39: What would indicate that the recruitment and selection process has been successful at TS Inc.? "the process is valid and reliable."B.
Question 40: A critical initial question that one would want to ask to assess TS Inc.'s recruitment and selection practices is "How ready and committed is TS Inc. to moving beyond traditional practices to a more technical approach?"A.
Question 41: The current legislative requirement challenge that may have an impact on TS inc's recruitment and selection practices is "human rights, privacy, and security issues."
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Suppose a period of continuous political instability leads people to believe that the economy will slide into a deep recession. As a result, people become more likely to accept ........................ money in exchange for goods and services.
medium of exchange
unit of account
commodity
During a period of political instability and economic uncertainty, people may become more willing to accept commodity money in exchange for goods and services.
Commodity money is a form of currency that has intrinsic value, meaning that it has value beyond being used as a medium of exchange. Examples of commodity money include gold, silver, or other precious metals, as well as other tangible commodities like grains or livestock.
By accepting commodity money, individuals can ensure that they have a tangible asset that may hold its value even during times of economic instability. While the use of commodity money is less common in modern economies, it can be a form of alternative currency during periods of uncertainty.
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Do Shipt drivers have to wear the shirt?
Casual attire, they do have a couple shirts that they give you, but you're not required to wear them.
Shipt shoppers set their very own schedules in step with their busy lives! They keep for and deliver groceries to Shipt's contributors within a requested time body. Scheduling, accepting orders, and shopping orders are all carried out via the Shipt consumer app.
The respectable base Shipt tip from the corporation's angle is $0. however, it is properly to think of 10% because the base tip amount to give a consumer. despite the fact that customers do now not expect to receive a tip on every order, you need to do not forget tipping on every occasion. Consumers get paid consistent with shop, so the greater you store, the extra you earn. shoppers also hold 100% in their recommendations, and Shipt encourages contributors to tip, so you'll make more for offering wonderful service.
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Darcy keeps $5,000 in a bank account that does not earn any interest. Every week, she withdraws 10 percent of the money in the account for spending. To the nearest cent, how much has she withdrawn in total after 8 weeks
$2847.66 she withdrawn in total after 8 weeks
What is withdrawn?A withdrawal is the act of withdrawing money from a bank account, savings plan, pension, or trust. Some accounts do not function like traditional bank accounts and charge fees for early withdrawal.
Anxiety, avoidance, and social anxiety
Another common cause of social withdrawal is social anxiety, which can make it difficult to interact with others. Someone may avoid social situations or stop conversing with others because they are nervous, worried, or anxious about them.
Withdrawing is not the same as dropping a class at the beginning of the semester. When a student withdraws from a class, it is removed from their schedule.
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What is a career cluster for cook
Which of the following combines a cooktop and oven into one appliance?
Answer:
A freestanding range, great for both large and small kitchens, combines a cooktop and oven into one versatile appliance. Whether you're baking, roasting, boiling or frying, a range lets you do it all.
What is the structure of Public corporation
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
1. Personal Characteristics Jack Ma possess (In accordance with the discussion in
the lesson, give at least three.)
2. Key takeaways you've got from him. (Use your own words, give at least three)
3. In your own words, explain how Jack Ma thinks compared to typical individual
Answer:
knock knock.................................
the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.
Answer:
David Ricardo
Explanation:
what are different types of leadership styles? Give 4 examples of leadership styles and explain them.
It's important to note that no single leadership style is always effective in all situations, and leaders may need to adapt their style based on the needs of their team or organization.
What is Leadership?
Leadership is the ability to inspire, motivate, and guide individuals or groups towards achieving a common goal or vision. It involves the ability to make strategic decisions, solve problems, and communicate effectively. A leader is someone who sets the direction, creates a vision, and inspires others to follow.
Autocratic leadership: In this style, the leader makes all decisions and controls all aspects of the team or organization.
Democratic leadership: In this style, the leader seeks input and feedback from team members and encourages participation and collaboration.
Transformational leadership: In this style, the leader inspires and motivates team members to work towards a shared vision or goal.
Servant leadership: In this style, the leader focuses on serving the needs of their team members and putting their needs and interests ahead of their own.
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Name three factors that determine a good’s or service’s elasticity.
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.which is a form of Malware?
a :clickjacking
b: spam
c:cookies
d: trojan horse
Answer:
D. Trojan Horse, nice to know some computer lab info of mine didn't go to waste
Explanation:
stock and 16,000 shares of convertible preferred stock outstanding. On March 1 an additional 10,000 shares of common stock were issued. On August 1, another 16,000 shares of common stock were issued. On November 1, 6,000 shares of common stock were acquired for the treasury. The preferred stock has a $2 per-share dividend rate, and each share may be converted into one share of common stock. Zeller Corporation's 20 18 net income is$501,000.
a. Compute basic earnings per share for 2018.
The basic earnings per share for Zeller Corporation in 2018 is $18.76. This means that for every share of common stock outstanding, Zeller Corporation earned $18.76 in net income.
To calculate the basic earnings per share for Zeller Corporation in 2018, we need to first determine the weighted average number of common shares outstanding during the year.
Weighted average number of common shares outstanding = [(Number of common shares at beginning of year) + (Number of common shares issued during the year) - (Number of common shares acquired for the treasury)] / (Number of months the shares were outstanding)
= [(20,000 + 10,000 + 16,000) - 6,000] / 12 = 2 5,000
Next, we need to calculate the earnings available to common shareholders by subtracting the preferred dividends from the net income:
Earnings available to common shareholders = Net income - Preferred dividends = $501,000 - (16,000 x $2) = $469,000
Finally, we can calculate the basic earnings per share by dividing the earnings available to common shareholders by the weighted average number of common shares outstanding:
Basic earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding
= $469,000 / 25,000 = $18.76
Therefore, the basic earnings per share for Zeller Corporation in 2018 is $18.76. This means that for every share of common stock outstanding, Zeller Corporation earned $18.76 in net income. Basic earnings per share is an important metric for investors because it allows them to compare the profitability of companies with different numbers of shares outstanding.
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Mention any five important points of universities.
Answer:
1. A positive attitude towards study.
2. A passion for the chosen course subject.
3. An ability to think and work independently.
4. An ability to persevere and complete tasks.
5. An inquiring mind.
6. Good written English.
7. An ability to work well in groups.
consider the following payoff table. alternatives states of nature a b alternative-1 100 150 alternative-2 200 100 probability 0.4 0.6 how much should be paid for a perfect forecast of the state of nature? a. 30 b. 10 c. 170 d. 40 e. 100
The amount that should be paid for a perfect forecast of the state of nature is $100.
To determine the amount that should be paid for a perfect forecast of the state of nature, we need to find the expected value for each alternative. The expected value is calculated by multiplying each alternative's payoff by its corresponding probability and then summing the results.
For Alternative-1:
Expected value = (100 * 0.4) + (150 * 0.6) = 40 + 90 = 130
For Alternative-2:
Expected value = (200 * 0.4) + (100 * 0.6) = 80 + 60 = 140
Since Alternative-2 has a higher expected value, it is the better alternative.
Now, to find the amount that should be paid for a perfect forecast of the state of nature, we compare the expected values of Alternative-1 and Alternative-2. Since Alternative-2 has the higher expected value, we use its payoff of $200.
Therefore, the amount that should be paid for a perfect forecast of the state of nature is $200.
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In your own words, discuss the payback period, NPV (net present value), and IRR (internal rate of return) methods for capital budgeting analysis. What result does each method provide the user? What are the limitations of each of these methods? Which method would you find most useful in making the best investment decisions for your business and why?
Answer:
The net present value (NPV) is the most important and useful method of capital budgeting analysis. It is basically calculated by determining the present value of all the future cash flows generated by a project and then subtract the original investment cost. If the answer is positive (positive NPV) then the project should be profitable and the company should go ahead with it. The limitation of NPV results from the discount rate used to calculate the present value, since it is extremely important to use the proper discount rate and not one that is too low or too high.
The second most useful tool is the internal rate of return (IRR) which is very related to the NPV. The IRR shows us basically at what discount rate the NPV would equal 0. Generally if the IRR is higher than the discount rate the NPV should be positive.
The payback period shows us how much time it takes a project to recover the original amount of money invested in it. The payback period is only useful for some industries where early obsolescence might be a problem. E.g. technological firms only approve projects with very short payback periods because their products might be obsolete in just one or two years.
Assume the demand for watermelons is downward sloping. a decrease in the market price from $3 per pound to $2 per pound:______. group of answer choices
Assuming the demand for watermelons is downward sloping, a decrease in the market price from $3 per pound to $2 per pound will likely lead to an increase in the quantity demanded of watermelons. This is because, according to the law of demand, as the price of a good decreases, the quantity demanded tends to increase.
The extent of the increase in quantity demanded will depend on the price elasticity of demand for watermelons. If the demand for watermelons is relatively elastic (responsive to price changes), the decrease in price may lead to a proportionally larger increase in quantity demanded.
On the other hand, if the demand is relatively inelastic (less responsive to price changes), the increase in quantity demanded may be relatively smaller.
Factors such as consumer preferences, income levels, availability of substitutes, and market conditions will also influence the magnitude of the change in quantity demanded in response to the price decrease.
Overall, the decrease in the market price of watermelons from $3 per pound to $2 per pound is expected to result in an increase in the quantity demanded, assuming a downward-sloping demand curve.
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Assuming the demand for watermelons is downward sloping, a decrease in the market price from $3 per pound to $2 per pound is likely to increase the quantity demanded but might decrease the quantity of watermelons supplied in the market. This situation follows the law of demand, and an imbalance in supply and demand can affect market dynamics.
Explanation:Assuming the demand for watermelons is downward sloping, a decrease in the market price from $3 per pound to $2 per pound would increase the quantity demanded for watermelons. This concept is related to the law of demand, which states that, all other factors being equal, as the price of a product decreases, the quantity demanded increases. For instance, if we look at the example of gasoline provided in the context, when the price per gallon reduced to $1.20, the quantity demanded increased from 600 to 700 while the quantity supplied decreased from 600 to 550. Hence, similar would be the case with watermelons with a price decrease.
However, from a supplier’s perspective, this price decrease might affect the supply of watermelons. Similar to the gasoline scenario, if the new price falls below equilibrium, the incentive for producers to produce and sell their product drops, which might result in a decrease in the quantity of watermelons supplied on the market. So, it's crucial to understand that while a price decrease typically increases demand, it can simultaneously decrease supply.
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The goal of global market segmentation is to break down a new foreign market for a product or a service into different groups of consumers so the firm can:_____.
The goal of global market segmentation is to break down a new foreign market for a product or a service into different groups of consumers so the firm can tailor its marketing mix to each individual segment.
More about marketing mix:
The marketing mix is the collection of activities, or methods, that a business employs to sell its brand or merchandise. A typical marketing mix is comprised of the four Ps: price, product, promotion, and place. Today, however, the marketing mix is progressively including several more Ps as essential mix components, such as Packaging, Positioning, People, and even Politics.
Price mix is the cost incurred by the company to deliver a product to the customer. Product mix exemplifies the nature of the good that the company is selling to the customer. Place mix is the method used to distribute the goods at a time and place that are convenient for the consumer.
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Which of the following is a reason that your company might not want to increase its market share?
A.
The market saturation for your product is low.
B.
Many of your company's competitors have bad reputations.
C.
Your company has a limited capacity for producing your product.
D.
The price of your product is very competitive.
Answer:
C: Your company has a limited capacity for producing your product.
Explanation:
hope this helps!
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ _______ and a credit to Prepaid Rent in the amount of $ ______. The remaining balance in the Prepaid Rent account after the adjustment was $ ______.
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day
A group of customers at a fast food restaurant bought 8 hamburgers, 6 large orders of fries, and 6 large sodas for $26.10. A second group ordered 10 hamburgers, 6 orders of large fries, and 8 large sodas and paid $31.60. A third group bought 3 hamburgers, 2 large fries, and 4 large sodas for $10.95. Determine the price of each food item (hamburger, large fries, and large soda).
the approximate prices of each food item are:
Hamburger: $1.24
Large fries: $2.34
Large soda: $0.66
Let's assume the price of a hamburger is "h," the price of a large order of fries is "f," and the price of a large soda is "s."
From the given information, we can set up a system of equations:
8h + 6f + 6s = 26.10
10h + 6f + 8s = 31.60
3h + 2f + 4s = 10.95
To solve this system, we can use a variety of methods such as substitution or elimination. Here, we'll use the elimination method to find the values of h, f, and s.
Multiplying the first equation by 3, the second equation by 2, and the third equation by 8, we can eliminate the "f" term:
24h + 18f + 18s = 78.30
20h + 12f + 16s = 63.20
24h + 16f + 32s = 87.60
Subtracting the second equation from the first equation:
4f + 2s = 15.10
Subtracting the second equation from the third equation:
4f + 16s = 24.40
Now, subtracting these two equations, we can eliminate the "f" term:
14s = 9.30
Dividing both sides by 14:
s ≈ 0.6643
Substituting this value back into the second equation:
10h + 6f + 8(0.6643) = 31.60
10h + 6f + 5.3144 = 31.60
10h + 6f = 26.2856
Subtracting the third equation from the second equation:
10h + 6f - (3h + 2f) = 26.2856 - 10.95
7h + 4f = 15.3356
Now, we have a system of two equations:
10h + 6f = 26.2856
7h + 4f = 15.3356
Solving this system, we find:
h ≈ 1.2364
f ≈ 2.3437
Therefore, the approximate prices of each food item are:
Hamburger: $1.24
Large fries: $2.34
Large soda: $0.66
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Colleges are investing in golf facilities to boost programs and appeal to donors across sports. Which school is currently renovating or preparing to begin work on a new facility?
By the implementing appropriate solutions, such as adaptable educational space solutions and its infrastructure, the renovation helps school facility leaders reposition the outdated and ageing infrastructure for the future. Without careful planning, renovating a school can be difficult.
The renovation is characterised as any alteration to an existing structure, or to a part of a structure, which the disturbs painted surfaces. The skills needed today, such as those in science and technology, medical science, and other fields, are taught in the modern education infrastructure. In addition to listening, the modern education includes writing, visualising, imagining, and thinking skills.
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How will you be able to become the cost leader of the market in which you deal?
A.
by focusing on customer loyalty
B.
by analyzing your competitive advantage and identifying which strategy works best for your business
C.
by concentrating on serving a particular segment of customers better
D.
by producing a product that has a higher perceived value to the customers when compared to the already existing products
E.
by producing your goods at the lowest price in the market
Answer:
well it would be A i think
Explanation:
Answer:
E. by producing your good at the lowest price in the market
Explanation:
Plato