daverius3394 daverius3394

27-11-2022
Social Studies

Answered

A firm pursuing a best-cost provider strategy:
1. seeks to be the low-cost provider in the largest and fastest growing (or best) market segment.
2 tries to have the best cost (compared to rivals) for each activity in the industry's value chain.
3 tries to outcompete a low-cost provider by attracting buyers based on charging the best price.
4 combines a strategic emphasis on low cost with a strategic emphasis on more than minimally acceptable product attributing more value for the money.
5 can generally outcompete companies pursuing differentiation strategies by charging a lower price.

Answer :

Other Questions

2. The term oligonoly indicates. A. A one.firm industry. B- Many producers of a ditferentiated product. C. A few firms producing either a different product or h

1. A profit-maximizing firm in the short run will expand output until marginal cost begins to rise until total revenue equals total cost until marginal cost equ

A tax imposed on the sellers of a good will lower the _______ and _________ the equilibrium quantity. • price paid by buyers; lower • price paid by buyers; rais

Efficiency in a market is achieved when . a social planner achieved wand sets the quantity of output after evaluating buyers' willingness to pay and sellers' c

1. Which of the following is NOT an inventory costing method? A) specific identification B) lower of cost or market C) last-in, first-out D) first-in, first-out

Which descriptor relates to the income approach for valuing corporations? Multiplies the share price by the number of shares outstanding Estimates the cost of r

advantages of the activity-based costing include: check all that apply. -better production and pricing decisions. more effective overhead cost control.

11. Which of the following is NOT a period cost? A. Monthly depreciation of the equipment in a fitness room used by factory workers. B. Salary of a billing cler

Economists use the term "demand" to refer to: a. a particular price-quantity combination on a stable demand curve. b. The total amount spent on a particular c

If a firm faces a downward-sloping demand curve, then: it is a perfectly competitive firm the firm's marginal revenue from selling an additional unit of output