Fashion Mart Corp., a clothing company, offers the best quality material made using the finest threads and advanced textile machinery. It offers an extended product guarantee to its customers, something that its competitors have found difficult to achieve. This guarantee claims that the clothes that Fashion Mart creates will not wear out even after 200 washes. This guarantee has helped Fashion Mart to retain its loyal customer base and to frequently get new customers. This scenario best illustrates ________.

Answers

Answer 1

Answer:

a differentiation advantage

Explanation:

This scenario best illustrates a differentiation advantage. This is basically when a company is able to offer a product that, despite being the same as the competitor's product, is slightly different or offers something that the competitors do not. This small difference is what attracts the customers and increases profits. In this case, Fashion Mart Corp is differentiating their product by providing a guarantee of quality, which the competitors offering similar products cannot offer.


Related Questions

A sales invoice included the following information: merchandise price, $9,900; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,100 added to the invoice. Assuming that a credit for merchandise returned of $900 (before discount) is granted prior to payment and the invoice is paid within the discount period, what amount of cash should be received by the seller

Answers

Answer: $10010

Explanation:

The amount of cash that should be received by the seller will be:

($9900 - $900) = $9000

$9000 × 1% = $90

$9000 - $90 = $8910

$8910 + $1100 = $10010

Therefore, the amount of cash should be received by the seller will be $10010.

Both Tom's Car Repair and Fast Engines. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Fast Engines. is more than that created by Tom's Car Repair. What does this indicate

Answers

Answer: Fast Engines can change a premium price on its automobiles

Explanation:

Premium pricing refers to a when the price of a particular product or service is kept high artificially high so as to encourage a favorable perceptions among the buyers.

Since Tom's Car Repair and Fast Engines. incur a cost of $9,000 to manufacture a vehicle but the economic value created by Fast Engines. is more than that created by Tom's Car Repair, then it shows that fast Engines can change a premium price on its automobiles.

Which of these is a consumer right recognized by the United Nations? a. right to equality b. right to openness c. right to education d. right to collaboration Please select the best answer from the choices provided A B C D

Answers

Answer:

c. right to education

Explanation:

The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.

The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.

Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.

The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).

Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.

If policymakers are concerned about the unequal distribution of income within society, then they should prefer a ________ tax system.

Answers

Answer:

Progressive income

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

There are three (3) types of taxation used by the government, these are;

1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.

For instance, John pays 30% on $70,000 and Joyce pays 10% on $45.000.

2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.

For instance, John pays 20% on $50,000 and Joyce pays 20% on $36,000.

3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, John pays 15% on $60,000 and Joyce pays 20% on $36,000.

Hence, if policymakers are concerned about the unequal distribution of income among employees or workers within their society, then they should prefer a progressive income tax system.

Top Breakfast Cereal producers - company name, most current market share, signature
products
1. #1
share % Signature products
2. #2
share % Signature products
3. #3
share % Signature products
4. #4
share % Signature products

Answers

Answer:

1. Kellogg Company - 30.1% market share - signature products: Froot Loops, Corn Flakes, Apple Jacks.

2. General Mills - 29.85% market share - signature products: Cheerios, Nature Valley, Lucky Charms.

3. Post Holdings - 18.92% market share - Honey Bunches, Fruity Pebbles.

4. Private Label - 7.48% market share - Muesli, Choco-Shells

Paulo has won the lottery. He is offered a series of payments of $10,000 per year for 10 years. What is the present value of these payments at an interest/discount rate of 6%

Answers

Answer:

PV= $73,600.87

Explanation:

Giving the following information:

Annual payments= $10,000

Number of periods= 10 years

Interest rate= 6%

To calculate the present value, we need to use the following formula:

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= annual payment

PV= 10,000*{(1/0.06) - 1/[0.06*(1.06^10)]}

PV= $73,600.87

Carfax is an example of a company that sells its products or services directly to its consumers online. Which ebusiness model is Carfax using

Answers

Answer:

B2C

Explanation:

Ebuiness model is defined as the strategy that a firm uses to promote its products and services on the internet. Therefore it is referred to as electronics business.

The subgroups of ebusiness includes:

- business to customer (B2C)

- business to business (B2B)

- customer to business (C2B)

- customer to customer (C2C)

Business to customer involves a model where a business sells their goods and services to end users or individual customers.

This is the case in the given scenario where Carfax sells its products or services directly to its consumers online.

4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
PLEASE TELL A
B
C
D​

Answers

The answer is house hold

The grouping of jobs into working units usually called departments, units, groups, or divisions is called ______.

Answers

Answer:

The grouping of jobs into working units usually called departments, units, groups, or division is called Departmentalization.

Explanation:

Departmentalization is the efficient and effective grouping of jobs into meaningful work units to coordinate numerous jobs—all for the expeditious accomplishment of the organization's objectives. They are; basic organizational units and coordinating structure.

which situation would most likely cause demand for apples to increase

Answers

Answer:

C

Explanation:

because you need lots of apples to make lots of apple cider

It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.

Answers

Answer:

follow different laws

Explanation:

In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.

Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.

Answer: The answer would be:

B: charge different fees.

Explanation:

Edge 2023

Hope this helps! (^_^)

there are these Karens at my house putting their trash in front of MY HOUSE and what can i do?​

Answers

Call the cops or leave them be Karen’s

Answer:

call the cops

Explanation:

First have a conversation with them and if they do not understand simply be a Karen yourself and call the cops. I am pretty sure they will know what to do because that is YOUR property (or at least your own space that you pay for).

The minimum period of amount required for emergency fund is

1.three months
2.six months
3.nine months
4.one year

Answers

The answer of the question is
2) six months

Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge the same price for their products. If neither firm reduces the price of its engine, each firm earns $36 million in profit. If both firms reduce their prices, then each firm will earn $10 million in profit. If one firm reduces its price and the other does not, then the firm that reduces its price will earn a profit of $50 million while the other firm will earn a profit of $5 million. If the firms can operate as a cartel, then

Answers

Answer:

each firm reduces its price.

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above use Okun's Law to find how much potential GDP has been lost because the economy is not at full employment

Answers

Answer: $2 billion

Explanation:

Okun's law posits that for every percentage point that actual unemployment rate is above the natural unemployment rate, actual GDP will be lower than potential GDP by 2%.

Actual rate of unemployment here is:

= (Labor force - Employed) / Labor force

= (800,000 - 760,000) / 800,000

= 5%

Actual unemployment - Natural unemployment:

= 5 - 4

= 1%

Potential GDP lost is:

= (1% * 2) * 100 billion

= 2% * 100 billion

= $2 billion

Taco Hot Dogs, Inc., regularly advertises its products. Under the First Amendment, in comparison with noncommercial speech, the protection given these ads is

Answers

I’m not sure where the question is

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on June 30, its Cash account shows a debit balance of $60,209. Easton's June bank statement shows $58,349 on deposit in the bank. Determine the adjusted cash balance using the following information:

Answers

Answer:

$60,224

Explanation:

Calculation to determine what The adjusted cash balance should be:

Cash account debit balance+Check printing fee, not yet recorded

Let Plug in the formula

Adjusted cash balance=$60,209+$15

Adjusted cash balance=$60,224

Therefore The adjusted cash balance should be:$60,224

How do debt repayment and structural adjustment terms hamper economic development? A. Only wealthy nations need to repay their debts, so it slows their progress. B. This is no longer a problem because debt repayment was completely erased after World War II. C. Both measures rob a developing nation of money it could use to invest in social welfare improvements. D. They always penalize highly developed nations rather than underdeveloped ones. Please select the best answer from the choices provided. A B C D

Answers

Answer:

c

Explanation:

True or false: One way a domestic company can successfully compete against a global business giant is by exploiting shortcomings in the global company's local distribution networks.

Answers

Answer:

Pretty sure is true

Explanation:

Answer:
True.
Explanation:

Marigold Corp.'s accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016 Raw materials inventory $320000 $260000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2017, $830000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2017 for Marigold Corp. is

Answers

Answer:

Raw material available for use= $1,150,000

Explanation:

Giving the following information:

Beginning Raw materials inventory=  $320,000

Raw material purchased= $830,000

To calculate the raw material available for use, we need to use the following formula:

Raw material available for use= Beginning Raw materials inventory + Raw material purchased

Raw material available for use= 320,000 + 830,000

Raw material available for use= $1,150,000

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 units. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.

92) Refer to the above information. The per unit cost of production in this economy is:
A) $1.00.
B) $.10.
C) $.05.
D) $.50.

93) Refer to the above information. If the per unit price of raw materials rises from $4 to $8 and all else remains constant, the per unit cost of production will rise by about:
A) 50 percent.
B) 30 percent.
C) 40 percent.
D) 100 percent.

94) Refer to the above information. As a result of the change indicated in the previous question, the aggregate:
A) supply curve would shift to the right.
B) demand curve would shift to the right.
C) demand curve would shift to the left.
D) supply curve would shift to the left.

Answers

Answer:

A) The correct answer is B. The per unit cost of production in this economy is $0.10.

B) The correct answer is B. The per unit cost of production will rise by about 30 percent.

C) The correct answer is B. The demand curve would shift to the right.

Explanation:

Since an economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 units, and each unit of capital costs $ 10, each unit of raw materials, $ 4, and each unit of labor, $ 3, to determine the per unit cost of production in this economy, the per unit cost of production if the per unit price of raw materials rises from $ 4 to $ 8 and all else remains constant, and to determine how the demand or aggregate supply curve will respond, the following calculations must be made:

A) 2 x 10 + 5 x 4 + 8 x 3 = 20 + 20 + 24 = 64

64 / 640 = 0.10

B) 2 x 10 + 5 x 8 + 8 x 3 = 20 + 40 + 24 = 84

64 = 100

84 = X

84 x 100 / 64 = X

8400 / 64 = X

131.25 = X

It is generally recognized that a major objective of accounting for inventory is the proper determination of

Answers

Answer:

Net income

Explanation:

The main objective of an accounting with respect to the inventories is determining of an income via the matching principle where the revenues are matched with the expenses incurred

So as per the given situation, the net income should be considered and relevant

Therefore it is to be correct term that should be used here

Institutions that help to match one person's saving with another person's investment are collectively called the

Answers

Answer:

Financial system

Explanation:

WILL GIVE BRAINLIEST PLZ!!!
If producers expect the price of a good to decrease in the future, what will happen to the current equilibrium price and quantity of that good?
a. The equilibrium price and quantity will both decrease.
b. The equilibrium price and quantity will both increase.
c. The equilibrium price will increase and equilibrium quantity will decrease.
d. The equilibrium price will decrease and equilibrium quantity will increase.

Answers

Explanation:

C = the equilibrium price will increase and equilibrium quantity will decrease

Answer:

C

Explanation:

In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, what would happen to private and national saving

Answers

Answer:

private saving would rise and national saving falls

Explanation:

private saving is income - consumptiioon= Y-C

if consumption c falls, private saving is going ton rise

public saving is T-G

as G goes up, T-G which is public saving would reduce or fall.

Given that the fall in c is smaller than the rise in G, the rise in private saving would smaller than the fall in public saving.

national saving  is change in private saving + change in public saving

given that  change in private saving is less than that of public saving, national saving would be negative.

If the balance of the cash account is $80,800 at the end of the month, what was the cash balance at the beginning of the month

Answers

Answer:

$38,900

Explanation:

Missing word "During the month, Warwick co, received $332,800 in cash and paid out $280,900 in cash"

Particulars                                Amount

Cash balance at month end   $80,800

Add: Cash paid out                 $280,900

Less: Cash received               $322,800

Beginning cash balance       $38,900

Lil Anthony’s and Amelia’s are two restaurants serving Italian cuisine. While Lil Anthony’s focuses on providing quick, affordable pasta dishes for the lunch crowd, Amelia’s focuses on serving home-style dishes in an upscale, romantic setting. Both companies have been able to gain a competitive advantage. This is most likely because the companies have

Answers

Answer:

pursued distinct strategic positions

Explanation:

This is most likely because both companies have pursued distinct strategic positions. Meaning that they have both found a specific niche within the restaurant business and decided to fulfill each their own specific niche. This allows them to be part of the same industry while still offerring their customers completely seperate experiences. These unique and very different experiences is what allows both Lil Anthony's and Amelia's business to thrive. If they instead offered their customers the same experience then they would be directly competing against each other and only one would be able to stay in business and they would steal the other's customers.

The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when

Answers

Answer:

C. the market depends on the development of complementary products or services that are currently not available, buyers have high switching costs, and influential rivals are in position to derail the efforts of a first-mover

Explanation:

The phrase simply tries to make clear that the market requires brands which offers good and quality product which hives the consumers more satisfaction compared to the current market offer. The market requirement here is more about a quality product which may prove difficult to beat or replace, the fact that a particular company makes the move first isn't the thing here, but an overall product with quality such that consumers find it difficult to leave or switch due to the switching cost that may involve the inability to get a substitute that matches its Value. Hence, in this case industry leadership is described as a marathon (steady, long development process) rather than a sprint (quick, short run).

I need this answer guys PLEASE.
Will give Brainliest
Demand-pull inflation occurs when

the price of goods rises suddenly and extremely fast.
consumers begin purchasing more goods.
producers need more money to make and distribute goods.
the government prints more money and pushes prices up.​

Answers

Answer:

The production and transport of good and service are high and rises than the demand pull inflation occurs. It may be profitable for any business. Demand pull inflation need cost more but more than that they get profit

Henna Hair Salon purchased supplies for $6,000 and debited Supplies for the full amount. At the end of the accounting period, $1,800 worth of supplies were still on hand. Identify the adjusting entry needed at the end of the period. debit Supplies $4,200; credit Supplies Expense $4,200 debit Supplies Expense $7,800; credit Supplies $7,800 debit Supplies $1,800; credit Supplies Expense $1,800 debit Supplies Expense $4,200; credit Supplies $4,200

Answers

Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200

Explanation:

Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.

The supplies expenses of $4200 was gotten as:

= $6000 - $1200

= $4800

Therefore, the correct option is D.

.

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