Answer:
1. when all competitors are stuck in the middle
2. when cost is strongly affected by share or interrelationships
3. when the company pioneers a major innovation
Explanation:
according to porter generic business - level strategies, differentiation is a means to achieve an overall low cost position.
Answer:
To have a high credit score, you must have been consistent with your debt repayment since you started taking loans.
Your friend would therefore be incorrect in assuming that all those who did not miss a payment in one single year will all high credit scores because your friend is not taking into account the previous years.
Some of those people might have delayed or defaulted on previous loans for one reason or the other but were able to keep up with new payments in 2015. Whilst this would improve their credit score, it would still be low as a result of the actions of the previous years that decreased it.
Answer:
The answer is arms- length transaction
Explanation:
The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a reasonable length of time is defined as arms- length transaction
Answer:
B
Explanation:
Variable costs are incurred only when a boat is manufactured such as material and direct labor. Thus variable costs will remain unchanged since it will costs the exact same amount to manufacture another identical boat. If it costs $4,000 in material and direct labor to manufacture boat A it will cost $4,000 to manufacture boat B. Fixed costs are sunk costs that will be incurred whether they manufacture 800 or 1,000 boats per year. The rent and admin costs will remain unchanged no matter how many boats are manufactured. But the fixed cost per boat will change. The total fixed costs are $80,000 (800 boats x $1,000 per boat fixed cost). If the manufacturing rate is increased to 1,000 boats per year, the per boat fixed cost will decrease to $800. Fixed costs remain at $80,000/1,000 boats = $800.
b. officers of the corporation.
c. stockholders.
d. board of directors.
The answer is C.stockholders
b. royalties.
c. commission.
d. profit.
When a business earns more money than it spends, the entrepreneur is paid from the profit. Hence option D is correct.
Profit is the positive difference between a business's total revenue and its total expenses, including the cost of goods sold, operating expenses, and taxes. It represents the financial reward for the entrepreneur's efforts in successfully managing and running the business.
This surplus amount can be used to compensate the entrepreneur for their investment of time, expertise, and capital, as well as reinvest in the business's growth and expansion.
It is a key indicator of a business's financial health and sustainability, allowing the entrepreneur to reap the rewards of their hard work and strategic decisions.
Therefore option D is correct.
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B. Stockholders have no control over the management.
C. Large bank loans become more difficult to obtain.
D. The company faces more government regulations.
The company faces more government regulations is one disadvantage for a company that goes public. Thus, option (d) is correct.
When a firm becomes public, the company has less discretion to take certain actions without board approval and the support of a majority of shareholders.
When promoters drastically diluted their share after going public, this was the worst outcome. A disadvantage of going public is that a lot of the information and financial statistics about the company become public.
Therefore, option (d) is correct.
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