Swan Song is a spa that caters to the needs of a small percentage of highly health-conscious consumers. It offers state-of-the-art treatments in a luxurious setting. Since there are very few spas that offer the same unique services, customers are willing to pay a premium price for its products and services. In this scenario, Swan Song is following a
A. product diversification strategy.
B. broad differentiation strategy.
C. liquidation strategy.
D. focused differentiation strategy.
Answer: D
You might also like to view...
When failure occurs because an organization tries to be on the technological leading edge, observers call it the _____.
Fill in the blank(s) with the appropriate word(s).
Which of the following is an activity of project supply chains?
A. procurement B. marketing C. advertising D. sales
Piece rate pay
a. is a suitable pay plan for workers engaged in repetitive and complex tasks. b. involves a salary plus pay for each unit produced or carried out. c. encourages quality output. d. does not encourage workers to look at the company's well being.
Health Defense sells first aid kits and uses the periodic inventory system to account for its merchandise. The beginning balance of the inventory and its transactions during January were as follows:January 1: Beginning balance of 18 units at $13 eachJanuary 12: Purchased 30 units at $14 eachJanuary 19: Sold 24 units at a selling price of $30 eachJanuary 20: Purchased 24 units at $17 eachJanuary 27: Sold 27 units at a selling price of $30 eachIf the ending inventory is reported at $357, what inventory method was used?
A. Weighted average. B. Retail inventory method. C. Specific identification. D. FIFO. E. LIFO.