A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage in specific product markets.(A) True
(B) False
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Answer:
True
Explanation:
Business-level strategy focuses on how to satisfy customers, offer goods and services that meet up to their standard, and improve operating profits.
Business level strategies are actions carried out to give value to customers and also gain a competitive advantage by taking advantage of core competencies in specific, individual product or service markets.
Related Questions
It's the real thing. was the slogan for: wendy's, pepsi, coca cola?
corporations raise capital by multiple select question. repurchasing treasury stock. issuing stock. issuing debt. operating at a profit.
The price elasticity of demand measures the: A) responsiveness of quantity demanded to a change in quantity supplied. B) responsiveness of price to a change in quantity demanded. C) responsiveness of quantity demanded to a change in price. D) responsiveness of quantity demanded to a change in income.
Tasty Treat Tea is a popular iced tea drink. When the manufacturer begins to use imported tea leaves, the price rises by 10%, and the quantity demanded falls by 20%. The fact that quantity demanded changed by more than the price change suggests that:
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Answer:
Let's break down the information and check which statements are true:
I. The amount of the loan will be $200,000.
- This statement is true. The house is priced at $200,000, and you are making a 10% down payment, which means you will be taking a loan for the remaining 90% of the house price. So, the loan amount is $200,000.
II. Closing costs will be $10,000.
- This statement is not necessarily true. You mentioned that closing costs will be 5% of the house price. To find the closing costs, calculate 5% of $200,000: 0.05 * $200,000 = $10,000. So, the closing costs could be $10,000.
III. Closing costs will be $9,000.
- This statement is not true based on the information provided. The calculation in statement II shows that closing costs are $10,000, not $9,000.
IV. You will need to bring $29,000 total to the bank in order to get the loan.
- This statement is true. To calculate the total amount you need to bring to the bank, add the down payment and closing costs: 10% of $200,000 (down payment) + $10,000 (closing costs) = $20,000 + $10,000 = $30,000. So, you will need to bring $30,000 in total to the bank to get the loan.
Therefore, statements I and IV are true, while statements II and III are not necessarily true based on the provided information.
Final answer:
The true statements are: Closing costs will be $10,000 and You will need to bring $30,000 to the bank. The loan amount will be $180,000, not $200,000.
Explanation:
Firstly, for a house priced at $200,000, a 10% down payment would be $20,000 (200,000*0.10). Secondly, closing costs will be 5% of the price, which would amount to $10,000 (200,000*0.05). To calculate the total amount you need to bring to the bank, you add the down payment and closing costs, equalling $30,000.
Therefore, the statements that are true are: The closing costs will be $10,000 and You will need to bring $30,000 total to the bank in order to get the loan.
The statement The amount of the loan will be $200,000 is false because the loan amount will be the home price minus the down payment, or $180,000.
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When the government announces that it will stop taxing a luxury good next year, it essentially reduces the price of the luxury good for consumers in the future. This change in price expectation is likely to have an immediate effect on consumer behavior. Consumers may anticipate lower prices in the future and, as a result, increase their demand for the luxury good today. This shift in demand to the right indicates higher demand at the current price level.
Final answer:
If the government announces it will stop taxing a luxury good next year, the demand for that luxury good would likely shift to the right (increase) today as consumers anticipate lower prices in the future.
Explanation:
The impact of government tax policies on consumer demand can be a complex topic to consider. In the scenario where the government announces that it will stop taxing a luxury good next year, the demand for that luxury good is likely to shift to the right today. This means that consumer demand will increase.
Many consumers who might have been deterred from purchasing the luxury good due to the extra cost imposed by the tax may now decide to wait until the tax is lifted before making their purchase. Therefore, the demand for the good will remain steady or possibly increase in anticipation.
However, it’s important to note that the shift might not be huge if consumers believe the price savings from the no tax policy isn't significant enough to warrant waiting. Other factors such as individual income levels, the perception of the good's worth, or the perceived urgency to own the good can also influence the shift in demand.
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Reaches The Audience At The Time They Are Most Attentive: ...
Offers High Credibility: ...
Gives Your Brand/ Business A Visual Personality: ...
TV Advertisements Are Simple To Analyze: ...
There Is No Guarantee Of The Audience Watching It:
TV Advertising Is Costly:
The major advantage of advertising on television during cable programming is that you can reach a much larger audience than with local radio or print advertisements. You can also choose to tie in your business with the programming offered on the cable network. Excellent photo reproduction in full colour. Long shelf life with high pass-along readership. High readership rates and reader loyalty. High ability to select audience. Radio offers short lead times and relatively low-cost production, making it ideal for promoting tactical advertising messages at short notice. It is a highly cost-efficient medium – you buy more audience impressions for your money than with any other medium (see chart below)It helps in the industrialization process of the country by easy transportation of coal and RM at a cheaper rate. It helps in the quick movement of goods from one place to another in time of emergencies like famines and scarcity. It is the safest form of transport. Advantages of Television. 1. Suitable for Knowledge Acquisition: TV helps with updating information, it helps you keep up with the most recent trends on the planet, it is currently one of the most widely used communication tools, a large number of people can directly access valuable information through TV. For example, broadcast TV includes all of your local channels, such as ABC, NBC, and FOX, while cable advertising will include all of the channels that viewers have to pay for (like MTV and HGTV). Because of this, advertising on broadcast TV will allow you to get your ads in front of a broader group of people. In summary, broadcast TV has a greater reach, and cable TV allows for a more targeted advertising approach. However, both mediums can offer significant benefits for your brand. You may want to take advantage of both channels to further your company's marketing plan.
Balance, Jan. 1
7,000
Receipts from customers
365,700
Payments for goods
275,100
Dividends on stock investments
5,600
Payments for operating expenses
139,500
Proceeds from sale of equipment
37,000
Interest paid
11,400
Proceeds from issuance of Taxes paid
8,300
bonds payable
500,000
Dividends paid
60,100
Balance, Dec. 31
420,900
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Net cash The following T-account is a summary of the Cash a (provided/used) by financing activities _______ $The following T-account is a summary of the Cash a
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The sources and uses of cash resulting from operating, investing, and financing operations are shown on a statement of cash flow. Net cash flow from Finance Activities will be $ 439,900.
What is Cash Flow ?
The sources and uses of cash resulting from operating, investing, and financing operations are shown on a statement of cash flow. The activities of cash created from the business's operational activities and cash payments made for transactions and operating activities for the manufacture of goods are known as cash flow from operating activities.
The indirect approach allows for the calculation of net cash flow from operational operations by deducting non-cash effects and changes in current assets and liabilities from the company's net income.
Cash flow from investing activities includes the buying and selling of real estate, machinery, and marketable securities. Asset purchases and sales result in cash outflows and inflows, respectively.
Obtaining funds through paying off long-term debt or Cash flow from financing activities refers to long-term debt that is used for business operations. The issuance of financial securities will boost the company's cash inflow, while loan repayment will boost its cash outflow.
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# SPJ 5
Answer:
D
Explanation: