One of Theo Chocolate's strategies that sets it apart from its competitors is that it:
a Provides tours of its cacao farms.
b Educates customers about fair trade.
c Uses celebrities as brand ambassadors.
d Gives away a part of revenue to charities.
b: Educates customers about fair trade.
One of Theo Chocolate's strategies that sets it apart from its competitors is to educate customers about fair trade. Industry-level strategy is a corporate strategy that addresses the question, "How should we compete in this industry?"
You might also like to view...
Answer the following statements true (T) or false (F)
1) Catchball is the strategic back-and-forth dialogue process to develop an error-free sales forecast. 2) Abilities that companies compete on that are difficult for competitors to replicate are known as capabilities. 3) Resources that are rare help a firm to sustain competitive advantage. 4) Complementary relationships in a supply chain typically involve development of relational capabilities. 5) Transactional relationships in a supply chain have a tendency to keep both the buyer and supplier at arm's length.
Evergreen Corporation distributes land with a fair market value of $50,000 to its sole shareholder. Evergreen's tax basis in the land is $200,000. Evergreen will deduct a tax loss of $150,000 on the distribution regardless of whether its E&P is positive or negative.
Answer the following statement true (T) or false (F)
Managing and Motivating Staff Which of the following is true regarding studies on motivating staff?
a. Studies suggest that employees are more loyal when they receive praise and recognition from supervisors. b. Maslow's hierarchy of needs includes hygiene factors and motivational factors. c. The first level of needs in Herzberg's theory is physiological needs. d. Mayo theorized that all employees are motivated simply by pay.
The journal entry to purchase equipment on account includes a:
A. debit to Accounts Payable. B. credit to Cash. C. debit to Accounts Receivable. D. credit to Accounts Payable.