Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by
A. intense competition from industry leaders in the niche or focused segment.
B. an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
C. high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.
D. few, if any, rivals are attempting to specialize in the same target segment.
E. a target market niche that is too small to be profitable and offers low growth potential.
Answer: D
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The state of Ohio has passed a law requiring that every automobile be inspected at least once a year for pollution control. Anson Enterprises is considering entering into this type of business. After extensive studies, Mark Anson has developed the following set of projected annual data on which to make his decision: Direct service labor $363,000.00 Variable service overhead costs 270,000.00 Fixed
service overhead costs 280,000.00 Marketing expenses 120,000.00 General and administrative expenses 170,000.00 Minimum profit 90,000.00 Cost of assets employed 500,000.00 Anson believes that his company will inspect 100,000 automobiles per year. The company earns an average of 18.75 percent return on its assets. The price to be charged for inspecting each automobile using the gross margin pricing method would be calculated as A) ($1,203,000.00 ÷ 100,000 ) + [($1,203,000.00 ÷ 100,000 ) x ($90,000 ÷ $1,203,000.00)]. B) ($1,203,000.00 ÷ 100,000 ) + [($500,000 ÷ 100,000 ) x 0.1875]. C) ($913,000.00 ÷ 100,000 ) + {($913,000.00 ÷ 100,000 ) x [($90,000 + $290,000 ) ÷ $913,000.00]}. D) none of these options.
______________________ unionism embraces labor unions as part of a broader initiative for community, social, and political activist groups that rely on active grassroots participation and mobilization.
Fill in the blank(s) with the appropriate word(s).
Why might we expect labor relations practices around the world to converge to common practices? Is this occurring - why or why not?
What will be an ideal response?
________ is a service factor performance characteristic of Retail Storage at Consumer Pickup Sites that is lower than all other options
A) Response time B) Product variety C) Product availability D) Time to market