its entire energies on those activities that are at the center of its expertise (its core competencies). Direct materials cost varianc. D. charging first-time buyers a premium price (to help grow revenues quickly) and being a technological . 41. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. Fill in the remaining cells of the following table. Sallie Mae also offers student loans for graduates studying for the bar exam or relocating for medical and dental residencies. E. Entry barriers tend to be relatively low. Diabetes E. involve farming out value chain activities presently performed in-house to outside specialists and strategic allies. You are an assistant to the CFO and have collected the following data to conduct the analysis. Steering a middle course between low cost, differentiation, and focusing B. Pruning marginal products and models C. Improving value chain efficiency D. Acquiring rival companies at bargain prices E. Trimming costs. 4. Youll also get at least 4 FREE hardcopy textbook rentals (you only pay for shipping & handling). Entrepreneurial industries, change dominant markets, and resource based industries. You are required to write up the following ledger accounts for the years ending 30 June 2018, 30 June 2019 and 30 June 2020. It may be suspended during forbearance or deferment. Experts are tested by Chegg as specialists in their subject area. Cengage Unlimited is a subscription that gives you access to all Cengage online learning platforms, plus our entire library of Cengage eTextbooks for a one-time, flat price. Terms and fees dependent on amount requested, credit history, employment history, and personal references. C. gain a first mover advantage over rivals in revamping the industry value chain. Companies competing in rapid growth industries are not well-advised to consider which one of the following strategy elements in crafting their strategy? We review their content and use your feedback to keep the quality high. Douglas Fur is a small manufacturer of fake-fur boots in Chicago. D. pursuing a focused strategy aimed at the fastest-growing or slowest-decaying market segments and stressing differentiation based on quality improvement and product innovation. 24. 29. To gain quick access to new technologies or other resources and capabilities B. Your lender will look at your credit profile (and your cosigners) to decide how much you can borrow. E. to pursue short-term profitability, intermediate-term profitability, or long-term profitability. A condition where most all competitors have, for one reason or another, chosen to pursue focus and market niche strategies B. One of these fixed costs should be considered a common cost and not traceable to the departments. (4 marks). 60. B. selling off assets gradually and liquidating the business. company's risk exposure to changing technology and/or changing buyer preferences. Which one of the following is not a strategic choice that a company must make to complement and supplement its choice of one of the five generic competitive strategies? C. may have a promising future if it is the industry's low-cost leader and has deep financial pockets to withstand bitter price wars and lots of industry-wide overcapacity. E. The alliance helps the company obtain additional financing on better credit terms. A. Competitive success in fast-changing markets tends to hinge on a company's ability to A. be the first-mover in reacting and responding to change. In a maturing industry, slackening growth rates tend to alter the competitive environment in such ways as A. weakening competitive rivalry and dampening the forces of multinational or global competition. C. initiate deep price cuts to rejuvenate long-term demand and expand into the markets of foreign countries, especially emerging country markets. What Is a Federal Pell Grant & Who is Eligible? Cengage Unlimited is a subscription that gives you access to all Cengage online learning platforms, plus our entire library of Cengage eTextbooks for a one-time, flat price. Bhollowing out a firm's own capabilities and losing touch with activities and expertise that contribute . 2022 Sallie Mae Bank. FICOScores and associated educational content are provided solely for your own non-commercial personal review, use and benefit. D. becoming a lower-cost producer. B. frequently do not produce the hoped-for outcomes. Relying on outsiders to perform certain value chain activities offers such strategic advantages as A. obtaining higher quality and/or cheaper components or services. incorporate attributes that appeal to growing numbers of customers C. Gaining access to additional distributional channels and sales outlets D. Vertically integrating forward and backward to enable greater control of the industry value chain E. Expanding the product line to add models/styles that appeal to a wider range of buyers, 44. 2003-2022 Chegg Inc. All rights reserved. 38. (4 marks), 3.5 Alpha Limited wants to eliminate the variable selling expenses by employing a salaried sales force. Starlite Hotel, Inc. collected the following data regarding four categories of operating costs at two different activity levels: Examples of hotel operating costs include labor, utilities, supplies, insurance, depreciation on PP\&E, etc. E. a merger involves two or more companies deciding to adopt the same strategy whereas an acquisition . E. the absence of market leaders with king-sized market shares and widespread buyer recognition. This benefit may change or end in the future. financial drain of using the company's cash resources to accomplish the merger or acquisition. production efficiency with no drop-off in quality. Advertised APRs for undergraduate students assume a $10,000 loan to a student who attends school for 4 years and has no prior Sallie Mae-serviced loans. D. bypass distributors-dealers and sell direct to consumers at the company's Web site. C. reducing the company's risk exposure to changing technology and/or changing buyer preferences. Other elements of variable cost (GH/unit) for leather shoe and purse are 1.5 Required Page 6 of 7 i. B. demand for the product is scattered over many different country markets. E. steering a middle course between low-cost, differentiation and focusing and adopting a best-cost producer . A company competing in a rapid-growth industry A. needs to be primarily concerned about building first-rate R&D capabilities. Interest is charged starting when funds are sent to the school. 87% of our new undergraduate borrowers have one and it may help you get a better interest rate.4, Save timeapply for a college loan once and get money for the whole year so you can focus on studying. The types of strategic initiatives that seem to offer the best pay off in fast-changing markets include A. being clever at being a fast follower, doing a better job than rivals in anticipating and planning for change, and striving for a low-cost edge over rivals. D. are best used to insulate a company from the impact of the five competitive forces. A good example of vertical integration is A. a global public accounting firm acquiring a small local or regional public accounting firm. Which of the following is not usually a promising option for competing in a fragmented industry? Suppose a pizza parlor has the following production costs: $5.00 in labor per pizza, $2.00 in ingredients per pizza, $0.20 in electricity per pizza, $5000 in restaurant rent per month, and $500 in insurance per month. The curtent standard cost sheet for a device follows: Assume that the following data appeared in Copland's records at the end of the past month: There are no materials inventories. During the 2022 year of assessment she had earned the following income: Question: Rhaenyra is a 24-year-old female who is unmarried. B. building stronger supply chain alliances than rivals. which product attributes will prove decisive in winning buyer favor. until technology and product design mature. D. having to compromise the company's own priorities and strategies in reaching agreements with partners. Additional information: Raw Materials Fabric is issued to the factory using the weighted-average method. Smartsets manufactures headphone cases. Machinery at cost. B. becoming dependent on other companies for essential expertise and capabilities. "Normal time comprises a 5-day week of 8 hours per day. 46. For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company A. must first be a proficient manufacturer. Read the requirements. C. control price at the retail level. Interest is charged starting at disbursement, during school and the separation/grace period, and until the loan is paid in full. for participating in the target industry, and open up broader opportunities in the target industry. (4 marks), 3.2 Calculate the total Contribution Margin and Operating Profit/Loss, if the direct materials are expected to cost R30 per unit more and fixed manufacturing overhead costs are 10% greater than projected. When the costs of pioneering are much higher than being a follower and only negligible learning experience benefits accrue to the pioneer B. This means your lender will check to see if you have a history of borrowing money and paying it back on time. D. putting the company in the position of being a late mover instead of an early mover. performed in-house and thereby gain greater ability to reduce internal operating costs. B. building core competencies and competitive capabilities rapidly so as to avoid having to enter into . Smart Option Student Loan information is for undergraduates only. coming up with new product features, and sustaining buyer excitement. There are student loans available for students in undergraduate, graduate, certificate, dental, medical, and health professions programs. avoider, and what balance to strike between offensive and defensive strategies. The two best reasons for investing company resources in vertical integration(either forward or backward) are to A. expand into foreign markets and/or control more of the industry value chain. A strategic alliance A. is a collaborative arrangement where companies join forces to defeat mutual competitive rivals. Your interest will continue to accrue (grow), however, which will increase your Total Loan Cost. - The company can issue a 20-year, 7.6% semi-annual coupon bond at $1, 219. E may be able to grow and prosper if market demand decays very slowly and it has the competitive capabilities to take market share away from weaker competitors. How long do you have to pay off private student loans? A blue ocean strategy A. is an offensive attack used by a market leader to steal customers away from unsuspecting smaller rivals. We help more people save through partnerships with leading financial institutions and state governments. 76. E are one of the best ways for helping a company strongly differentiate its product offering and use a differentiation strategy to strengthen its market position. Variable rates may increase over the life of the loan. The following relates to Dress outfitters: The business manufactures clothing products. Career training student loans are for students at participating non-degree-granting schools. If youre applying with a cosigner, theyll also need to provide their financial info. Because more interest gets added to your loan balance over time, you may be able to save money by paying off your loan sooner. C. rising industry profitability as rivalry tapers off and there's less head-to-head competition for market share among rival firms. E. is usually a cheaper and more effective way for companies to join forces than is merger. B. to react to change, to anticipate change, and/or to try to lead change. For students taking professional training or certificate courses (culinary, aviation, technical, etc.). Yes, it may. 35. Experts are tested by Chegg as specialists in their subject area. The best strategic alliances A. are highly selective, focusing on particular value chain activities and on obtaining a particular competitive benefit. 2003-2022 Chegg Inc. All rights reserved. Reduced vulnerability to powerful suppliers (who may be inclined to raise prices at every opportunity) B. Which of the following is usually a promising strategic option for competing in a fragmented industry? C. pushing hard to perfect the technology, improve product quality, and develop additional attractive performance features. Which of the following are commonly encountered types of market conditions that must be considered by strategy-makers? Gaining access to additional distributional channels and sales outlets C. Pushing hard to develop a distinctive competence in new technology R&D D. Expanding the product line to add models/styles that appeal to a wider range of buyers E. Driving down costs per unit so as to enable price reductions that attract droves of new customers. b. Your loan repayment term is the number of years you have to pay it back. Dresses are manufactured according to orders received and there is no work-in-progress. 14. Accumulated depreciation - motor vehicles. D. strengthen the company's competitive position and/or boost its profitability. E. help insulate a firm from the adverse impacts of industry driving forces. Prepare a variance analysis for direct materials and direct labor. Your lender will need to run a credit check to see if you qualify for the loan, which may impact your credit score. Interest is charged starting when funds are sent to the school. B.may offer considerable cost-saving opportunities and can also be beneficial in helping a company try to invent a new industry. Experts are tested by Chegg as specialists in their subject area. and access valuable skills and competencies that are concentrated in particular geographic locations. 3.^ Chegg survey fielded between April 23-April 25, 2021 among customers who used Chegg Study and Chegg Study Pack in Q1 2020 and Q2 2021. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. B. becoming a best-cost provider and pursuing a multicountry strategy to achieve above-average growth. Earn interest at a higher rate than a traditional savings account, with no monthly fees. Compute the cost and efficiency variances for direct materials and direct labor. B. to be a fast follower. If youre not hired in six months and qualify for our Tuition Refund Guarantee, the loan will be forgiven and youll owe $0. D.involve joining forces in R&D to develop new technologies cheaper than a company could develop the technology on its own. Any additional payments you can make during this period can help lower the Total Loan Cost. Allows a company to concentrate on its core business, leverage its key resources, and do even better what it already does best C. Helps the company assemble diverse kinds of expertise speedily and efficiently D. Enables a company to gain better access to end users and better market visibility E. Improves a company's ability to innovate. 21. D. is well-advised to revamp its value chain to achieve strong product differentiation. The information relates to school dresses which is one of the products they manufacture. more years, then when they begin to decline selling out to the highest bidder. 75. 61. C. to be a first-mover, a fast follower, or a slow-moverwhichever is most expedient. D. The alliance helps build, enhance, or sustain a core competence or competitive advantage. The financial manager has provided the following projected data for 2023: Manufacturing costs: Direct materials cost R6 120 000 Direct labour cost R2 880 000 Fixed manufacturing overhead costs R3 600 000 Variable manufacturing overhead costs R2 520 000 Selling and administrative expenses: Variable selling expenses R1 080 000 Fixed selling and administrative expenses R2 250 000. operations coupled with an objective of getting the most cash flow from the business. features, performance reliability, and conflicting claims of rival firms D. Strong learning and experience curve effects may be present, allowing significant price reductions as volume builds and costs fall E. There are often uncertainties surrounding an emerging industry's technology with no consensus regarding . Strategic alliances A. are the cheapest means of developing new technologies and getting new products to market quickly. 5. How much can you get in private student loans? 53. D. the demand side of the market is populated by millions of buyers, no one of which buys in large volume quantities. The state, however, would be required to raise up to $5bn a year in new taxes. The firm's cost functions are c 1 (q 1 ) = 3 + 2 1 q 1 2 c 2 (q 2 ) = 3 + 2 3 q 2 2 (Notice that these firms have identical fixed cost, but different marginal cost, thus asymmetric.) Youll be asked to enter some basic personal and financial information, and choose the type of interest rate and repayment plan you want for your loan. To create a more cost-efficient operation out of the combined companies C. To expand a company's geographic coverage D. To facilitate a company's shift from a broad differentiation strategy to a focused differentiation strategy E. To extend a company's business into new product categories, D. To facilitate a company's shift from a broad differentiation strategy to a focused differentiation strategy. B Technological know-how is freely shared and exchanged among the early participants, with no competitive advantage attached to patents and proprietary technology. B work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. We can help you get the money you need.5. Given the following: You are planning a new business. 6. 70. Expanding the company's geographic coverage B. In the short run, some costs are fixed and the rest are variable. C. a desire to reduce the company's investment in fixed assets and the need to narrow the scope of the company's in-house competencies and competitive capabilities. Production and sales: Manufacturing one dress requires 1,6 metres of fabric 17800 dresses were produced and sold during the financial year at R75 per dress. E. pruning the product line down to a few select products which the firm can still market profitably for a few . D are particularly effective in boosting a company's ability to expand into additional geographic markets, particularly the markets of foreign countries. B. 59. A turbulent or fast-changing industry environment is characterized by A. rapid entry and exit of participating firms (there's an unusually high competitor turnover rate compared to other industries). D withdrawing, one by one, from the various market segments in which the firm competes and then selling . 7. A. Assumptions based on the CEO and CFO request to boost production: 1. D. pruning marginal products and models, improving value chain efficiency, trimming costs, acquiring rival firms at bargain prices, and building new or more flexible competitive capabilities, and expanding internationally. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. A. Fixed costs for the company is GH / 220, 000. 66. 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. C. are those which help a company move quickly from one strategic group to another. Learn everything about AGFiQ US Market Neutral Anti-Beta Fund (BTAL). All other names and logos used are the trademarks or service marks of their respective owners. 2003-2022 Chegg Inc. All rights reserved. The GRP does not extend the loan term but does increase the Total Loan Cost. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. 22. A card that rewards financial responsibility. Borrow responsibly C. investing aggressively in R&D to stay on the leading edge of technological know-how. Specializing by product type or by customer type B. The per-unit variable cost is GH\&50 for leather purse and GH\&75 for Leather shoes. 33. C. The alliance helps open up important new market opportunities. Additional information: Raw Materials Fabric is. Theres no cost to apply. E. aim at raising an industry's barriers to entry. The following relates to Dress outfitters: The business manufactures clothing products. B. achieve the same scale economies as wholesale distributors and/or retail dealers. D are highly risky because of the financial drain that comes from using the company's cash resources to pay for the costs of the merger or acquisition. B. having a wider product line than rivals, making sure the company's products are strongly differentiated, . Mergers and acquisitions A. are nearly always successful in achieving their desired purpose. B may still be successful if it aggressively expands into the markets of more and more foreign countries . C. get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, . During September 2018 , the company produced and sold 107,000 cases and recorded the following cost data: 1(Click the icon to view the cost data.) If youre not hired in six months and qualify for our Tuition Refund Guarantee, the loan will be forgiven and youll owe $0. Which of the following is not a typical strategic objective or benefit that drives mergers and acquisitions? valuable information and protect their more valuable know-how. During the 2022 year of assessment she had earned the following income: D. involve pursuing a focused niche strategy aimed at the fastest-growing market segments. 56. Question 5 Asymmetric Cournot game, numerical Suppose the market inverse demand for a rare type of coffee is. B. C. a crude oil refiner purchasing a firm engaged in drilling and exploring for oil. E.should have a distinctive competence in production process technology and at least a core competence in manufacturing R&D. A number of different paths to get you started onyour educational journey. E. there are nearly always big advantages to being a slow mover rather than an early mover, especially as concerns avoiding the "mistakes" of first or early movers. Requirement 1. next-generationproductsoftheirown. 2. C. the rapid appearance and disappearance of industry driving forces (such that the industry is in constant turmoil). Merchandise inventory is maintained at a level equal to 20 percent of the next quarter's cost of goods sold. D. increase a company's risk exposure to changing technology and/or changing buyer preferences. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. A more rewarding way to pay down student loans. 2. B. fast followers find it easy to leapfrog the pioneer with even better next-generation products of their own. Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount. B. a merger is a pooling of equals whereas an acquisition involves one company, the acquirer, purchasing and absorbing the operations of another company, the acquired. The difference between a merger and an acquisition is that A. a merger involves one company purchasing the assets of another company with cash, whereas an acquisition involves a company acquiring another company by buying all of the shares of its common stock. The information relates to school dresses which is one of the products they manufacture. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. There's much speculation about how the industry will function, how fast it will grow, and how big it will get. Starlite Hotel, Inc. collected the following data regarding four categories of operating costs at two different activity levels: Examples of hotel operating costs include labor, utilities, supplies, insurance, depreciation on PP\&E, etc. Units started and partially completed during the period will increase to 315,000 (from the initial estimate of 88,000). A total of 240,000 feet of Northern White Ash wood was purchased for the entrylevel Bats at a cost of $1, 536, 000. The following table shows the company's total cost of production at various production quantities. Dresses are manufactured according to orders received and there is no work-in-progress. C. moving first can result in a cost advantage over rivals. Borrowers and cosigners with an available FICOScore and a Sallie Mae-serviced loan with a current balance greater than $0, may receive their score quarterly after the first disbursement of their loan. using a global differentiation strategy. E. not cutting prices until buyer demand really mushrooms and being a late-mover in introducing new products (so as to avoid the costs and risks of introducing something that turns out to be a bust in the marketplace). If the company sells 14 250 units, how much could it pay in salaries to the sales staff and still have a profit of R16 800 000? A. Diverging objectives and priorities B. This approval percentage is based on students with a Sallie Mae undergraduate or graduate school loan in the 2019/20 school year who were approved when they returned in 2020/21. Promising strategic options for companies competing in a fragmented industry include A constructing and operating customized facilities at many different locations so as to match local buyer expectations and varying market conditions. Terms and fees dependent on amount requested, credit history, employment history, and personal references. Consider how much you may earn in your future career. For graduate students seeking loans for medical, dental, health professions, MBA, law, and master's/doctorate degree expenses. CHECKSALLIEMAE.COMFOR THE MOST UP-TO-DATE PRODUCT INFORMATION. B. becoming dependent on other companies for essential expertise and capabilities. E. All of these. The FICOScore provided to you is the FICOScore 8 based on TransUnion data. It does not include the denied applications of students who were ultimately approved in 2020/21. New bonds would be privately placed with no floatation cost. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. International competition increases C. New scale economies develop and overall costs per unit produced and sold drop significantly D. Increased competitive emphasis is placed on lowering costs and improving service E Firms encounter growing difficulty in coming up with new product innovations and developing new uses . 19. The two big drivers of outsourcing are A. increased ability to cut R&D expenses and increased ability to avoid the problems of strategic alliances. C. be a consistent first-mover or a consistent fast follower or a consistent slow-moverwhichever best fits . Industry profitability falls temporarily or permanently B. 51. B. pursue vertical integration and gain greater operating control over more stages of the industry's value chain. Whether to outsource certain value chain activities C. Whether to employ a market share leadership strategy D. Whether to integrate forward or backward into more stages of the industry value chain E. Whether to bolster the company's market position and competitiveness via acquisition or merger, C. Whether to employ a market share leadership strategy. Which one of the following statements does not represent one of the typical fundamental changes in an industry as it approaches maturity? B. global presence and/or racing to seize opportunities on the frontiers of advancing technology. D.learning to conduct reliable market research, figuring out how to build scale economies, and becoming adept at product innovation. Which of the following is not a typical reason that many alliances prove unstable or break apart? All loans need to be paid back. E. All of the above. B. growing buyer sophistication and more head-to-head competition for market share. Pursuing new customer groups, new user applications, and entry into new geographical areas (perhaps using strategic partnerships or joint ventures if financial resources are constrained) B Forming strategic alliances and partnerships with key suppliers and/or other companies having complementary technology or expertise C. Pushing hard to perfect the technology, improve product quality, and develop additional attractive performance features D. As technological uncertainty clears and a dominant technology emerges, trying to capture any first-mover advantages by adopting it quickly E. Being aggressive in cutting prices below key rivals and establishing a reputation of being the low-price leader. A. Where that condition is met, the (short-run) supply curve coincides with the marginal cost curve, because marginal cost C. outsourcing won't adversely hollow out the company's technical know-how, competencies, or capabilities. Outsourcing the performance of value chain activities presently performed in-house to outside vendors and suppliers makes strategic sense when A. an activity can be performed better or more cheaply by outside specialists. 6. Required: a. 4.62% APR1 14.96% APR1. Which of the following is not a typical strategic objective or benefit that drives mergers and acquisitions? strategy aimed squarely at being a middle-of-the-market seller. Read the requirements \( { }^{2} \). 34. Use this free, online piggy bank to save for long- and short-term goals. A. Which of the following is not a factor that makes an alliance "strategic" as opposed to just a convenient business arrangement? Bill asks you to help him find the missing cost data. Gout. You can use student loan funds to cover any of your school costs for the year, which might include the following for students attending school at least half time: Most lenders offer repayment terms of 520 years. Pay nothing until youre making at least $40,000 a year, then make fixed monthly payments. Requirement 1. The bits of paper that he recovers after the fire provide the information in the following table (all the cost numbers are dollars). 10. Total variable costs amounted to R 1094700 (R61,50 per unit) Fixed costs, comprising factory overhead costs and administration costs, totalled R229 500 Required 4.1 Complete the Factory Overhead Cost Note for the school dresses. We review their content and use your feedback to keep the quality high. Cost of goods sold for October is expected to be $76,500. Our multiple repayment options on student loans give you more flexibility on how you can pay them back. Study the information given below and answer each of the following questions INDEPENDENTLY: 3.1 Calculate the margin of safety (in units). The profit environment follows a stationary first-order Markov process with transition probabilities: to bad avg good CHAPTER 7. C. Stagnant or declining industries. Whats the difference between a fixed and variable rate? Mergers and acquisitions are often driven by such strategic objectives as to A. expand a company's geographic coverage or extend its business into new product categories. B. first-time buyers remain strongly loyal to pioneering firms in making repeat purchases. During the 2022 year of assessment she had earned the following income: Question: Rhaenyra is a 24-year-old female who is unmarried. An inability to work well together C. The emergence of more attractive technological paths D. Disagreement over how to divide the profits gained from joint collaboration E. Changing conditions that render the purpose of the alliance obsolete, D. Disagreement over how to divide the profits gained from joint collaboration. Grow your money faster with a higher interest rate and no monthly fees. Commonly encountered market conditions that must be considered when choosing among strategic options include: A. It may be suspended during forbearance or deferment. 7. B. boosting industry profitability and spurring buyer excitement about the product. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. C. increasing the number of competitors and reducing the number of mergers and acquisitions among competing firms. Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. A. Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices as A. whether to enter into strategic alliances or collaborative partnerships. 1. 2003-2022 Chegg Inc. All rights reserved. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loans Current Principal at the end of the grace/separation period. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. Using the most caus- ally related bases, prepare a schedule assigning the fixed expenses to the three departments. management's temperaments and shareholder expectations. A. JPMorgan Chase has reached a milestone five years in the making the bank says it is now routing all inquiries from third-party apps and services to access customer data through its secure application programming interface instead of allowing these services to collect data through screen scraping. Out sourcing strategies A. are nearly always a more attractive strategic option than merger and acquisition strategies. 31. In trying to deal with a turbulent, fast-changing market, a company's three strategic options are A. to pursue low-cost, differentiation, or best-cost strategies. D. help defeat competitors that are employing broad differentiation strategies. Which one of the following is not one of the strategy elements that companies in emerging industries are likely to consider incorporating into their strategy? D.Forward or backward integration often calls for radically different skills and business capabilities than the firm possesses. A. Were a diverse group of financial experts, creative minds, innovators, tech gurus, and leaders who work together to help people make great things possible. Begin with the cost variances. Starlite Hotel, Inc. collected the following data regarding four categories of operating costs at two different activity levels: Examples of hotel operating costs include labor, utilities, supplies, insurance, depreciation on PP\&E, etc. To gain quick access to new technologies or other resources and capabilities B. C. the pioneer's products are somewhat primitive and do not live up to buyer expectations, allowing clever followers to win disenchanted buyers with better-performing products. and having a shorter value chain than rivals so the company has fewer activities to revamp as the market changes. B. carry the substantial risk of raising a company's costs. 10. Compute the cost and efficiency variances for direct materials and direct labor. (4 marks), 3.3 Calculate the variable cost per unit to break even, if the fixed costs and selling price per unit remain the same but the break-even quantity changes to 6 000 units. Merger and acquisition strategies A. are nearly always a superior strategic alternative to forming alliances or partnerships with these same companies. B. help raise needed financial capital from foreign banks and use the brand names of their partners to make sales to foreign buyers. Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with companies in foreign countries to A combat the bargaining power of foreign suppliers and help defend against the competitive threat of substitute products produced by foreign rivals. Experts are tested by Chegg as specialists in their subject area. During September 2018 , the company produced and sold 107,000 cases and recorded the following cost data: 1(Click the icon to view the cost data.) We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Learn data science, languages, grammar and more from expert educational tools like Chegg, Grammarly, MasterClass or Headspace. C. are a proven means of reducing the costs of performing value chain activities. Although the firm faces no fixed costs or shut-down costs, it incurs a start-up cost 0.2 units if it reopens after one or more periods of inactivity. She is a South Africa citizen who lives and works in Durban. 55. E. enhance its chances of achieving global low-cost leadership.Term. Study the information given below and answer each of the following questions INDEPENDENTLY: An end-game strategy in a stagnant or declining industry usually involves A. stressing differentiation based on quality improvement and product innovation. 32. Depreciation expense machinery. 8. and applications for the product, 48. Neither the companys board nor management have contributed a dime to this lobbying effort so far. D. seldom are a superior strategic alternative to forming alliances with these same companies because of the . Specializing by product type or by customer type B. If you have little or no credit history, consider a cosigner. Based on the following information, prepare a purchases budget and a schedule of cash payments for inventory purchases for October, November, and December. Select Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. 25. D. is well advised to employ a best-cost provider strategy. D. permitting greater use of strategic alliances and collaborative partnerships. B obtaining higher quality and/or cheaper components or services, improving a company's ability to innovate, and reducing its risk exposure. Earn yourself a bonus, just for being you. E. build a core competence in mass merchandising. The strategic moves and initiatives that seem to offer the best pay off in turbulent, fast-changing markets include A. developing quick response capability. The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when, A. new industry or market segments are yet to be developed and create altogether new consumer demand. Experts are tested by Chegg as specialists in their subject area. D. Fragmented markets comprised of a large number of relatively small sellers. Everyone deserves to feel financially secure. 45. E. improvise, experiment, adapt, reinvent, and regenerate as market and competitive conditions shift rapidly and sometimes unpredictably. C. is a formal agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control, and mutual dependence. Which one of the following is not likely to be a suitable strategy option for companies competing in rapid- growth industries? This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. B. concentrating on vertical integration to gain operating control over more stages of the industry's value chain. C. help master new technologies and build new expertise and competencies, establish a stronger beachhead . - The company is subjected to a marginal tax rate of 35%. strategy aimed squarely at being a middle-of-the-market seller. All rights reserved. If youre not hired in six months and qualify for our Tuition Refund Guarantee, the loan will be forgiven and youll owe $0. for participating in the target industry, and open up broader opportunities in the target industry. Need help? Undergraduate and Graduate School loans are for students at participating degree-granting schools. In which of the following cases are late-mover advantages (or first-mover disadvantages) not likely to arise? E. initiating price cuts, boosting advertising, adding new features and more models, and stressing improved . D. have a high "divorce rate." To help estimate your future income potential, you can visit the US Department of Labor atbls.gov. Young companies in fast-growing, emerging markets face such hurdles as A. learning to be a courageous first-mover, becoming skilled cost-cutters, and developing mass merchandising skills. Fixed, variable and mixed costs. C. Vertical integration reduces the opportunity for achieving greater product differentiation. 8. The alliance helps block a competitive threat. When the marketplace is skeptical about the benefits of a new technology or product being pioneered by a first-mover C. When the pioneer's products are somewhat primitive and are easily bested by late movers D. When opportunities exist to invent a new industry or distinctive market segment that creates altogether new demand E. When technological change is rapid and fast-following rivals find it easy to leapfrog the pioneer with . Classify the cost behavior (fixed, variable or mixed) of each cost item with respect. B. involves a preemptive strike to secure an advantageous position in a fast-growing market segment. 16. Use our Accrued Interest Calculator to see how much you can save by paying more towards your loan. E. Moderately competitive industries, fiercely competitive industries, and weakly competitive industries. B. reduce overall business risk and raise entry barriers into the newly emerging industry. E. are rarely useful in helping a company win the race for global industry leadership. B. be more adept than rivals in employing offensive strategies of one kind or another. Entering into strategic alliances and collaborative partnerships can be competitively valuable because A.working closely with outsiders is essential in developing new technologies and new products in virtually every industry. Private student loansoffered by banks like Sallie Mae, credit unions, and other financial institutionsare based on your creditworthiness. .are collaborative arrangements where two or more companies join forces to achieve mutually beneficial strategic outcomes. C. reduce the number of strategic groups in the industry. Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount. And if your plans change, no worriesinterest on your loan won't be charged until the money is sent to your school. B. involves two or more companies joining forces to pursue vertical integration. Outsourcing strategies can offer such advantages as A. increasing a company's ability to strongly differentiate its product and be successful with either a broad . C. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. E. All of these. A company that decides to stick with a stagnant or declining industry A. is doomed to have declining revenues and profits. E. steer a middle course between low-cost, differentiation and focusing and adopt a best-cost producer . Businesses competing in stagnant or declining industries must A. make a fundamental strategic choicewhether to remain committed to the industry for the long-term despite the industry's dim prospects or whether to pursue an end-game strategy to withdraw gradually or quickly from the market. E. the annual number of buyer-seller transactions is in the millions (or higher). A fixed rate is one that doesnt change over the life of your loan, so your monthly payment stays the same. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Plus, you get a 0.25 percentage point interest rate discount when you enroll in and make monthly payments using auto debit.8, Cover up to 100% of the cost of attendance minus financial aid5, In-school or deferred repayment optionsfor undergraduate and graduate loan borrowers9, Less-than-half-time enrollment eligibility, Interest only payments for 12 months after grace period for qualifying undergraduate and graduate loan borrowers10. Classify the cost behavior (fixed, variable or mixed) of each cost item with respect to the number of guests served. C. get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, . In a maturing market where the rates of growth are on the decline, rival firms can often improve their competitive position in the marketplace by A. pursuing backward and/or forward vertical integration to capture greater control over the industry value . C. in a merger the companies retain their original names whereas in an acquisition the name of the company . being acquired is changed to be the name of the acquiring company. The dress-making section occupies. Assume the pizza parlor produces 6,000 pizzas per month. At the end of 2022 the following actual quantities and costs were recorded: A total of 53,500 entry-level Bat's and 11,400 proseries Bats were produced and sold in 2022 at average selling prices of $65.00 and $160.00, respectively. QUESTION 3 (20 Marks) Lowest rates shown include the auto debit discount. FICOis a registered trademark of the Fair Isaac Corporation in the United States and other countries. 3.1 : Calculate the Margin of Safety (in units) Total Variable Costs = Direct Materials Cost + Direct Labor Costs + Variable Manufacturing Overhead Co. 6. Our school loans have no origination fees and provide competitive interest rates. E.competing aggressively on the basis of superior customer service and adding new models and styles to broaden the product offering. Does applying for private student loans affect my credit score? Respondent base (n=745) among approximately 144,000 invites. 13. B. broaden the firm's product line and/or avoid the need for outsourcing. Reduced risks of disruptions in obtaining crucial components or support services C. Reduced costs D. Reduced business risk because of controlling a bigger portion of the overall industry value chain E. Adding to a company's differentiation capabilities and perhaps achieving a differentiation-based competitive advantage. D. stay on the cutting-edge of technological change. Monthly payments after the GRP will be higher than they would have been without it. The financial year ended on 30 April 2022. C. carry the substantial risk of making a company overly dependent on its suppliers. D. needs to have a wide product line, so that it can supply parts and components for many products. fundamentally to the firm's competitiveness and market success. Because when to make a strategic move can be just as important as what move to make, a company's best option with respect to timing is A. to be the first mover. How do you apply for a private student loan? Assuming the market is serviced by two competing firms, \( i=1,2 \), as described by Cournot competition, i.e. An industry is said to be fragmented when A. it contains an unusually large number of different market segments and distinct buyer groups. Advertised APRs assume a $10,000 loan to a borrower who attends school for 4 years and has no prior Sallie Mae loans. Leather Shoe sells for GH / 100 and Leather purse sells for GH\&90. D. outsource as many value chain activities as possible, particularly as concerns production-related activities. D. deciding when to cut prices versus when to improve product features and performance. B. try to lead change with proactive strategic moves while at the same time trying to anticipate and prepare . Fixed, variable and mixed costs. 62. D. a merger is a combination of three or more companies whereas an acquisition is a pooling of interests of just two companies. D. involves abandoning efforts to beat out competitors in existing markets and, instead, inventing a new industry or new market segment that renders existing competitors largely irrelevant and allows a company to create and capture altogether new demand. Fixed costs per year: Fixed manufacturing overhead $ 250,000 Fixed selling and administrative expenses $ Compute the unit product cost for year 1 and year 2. We review their content and use your feedback to keep the quality high. (4 marks) 43. Terms and fees dependent on amount requested, credit history, employment history, and personal references. B. rapid market evolution gives fast-followers an opening to leapfrog the pioneer with next-generation products of their own. {100} \) to find a product solution to the following partial differential equation, \[ y \frac{\partial^{2} u}{\p A:See Answer; E. exercise better control over efforts to revamp the global industry value chain. A. Vertical integration strategies A extend a company's competitive scope within the same industry by expanding its operations across more . E merging with weaker rather than stronger rivals: failing to pursue product differentiation: and abandoning strategic alliances with outsiders. D. Low cost markets, differentiation markets, best cost markets, and focused industries. Requirement 1Computation of Cost and efficiency Variances for Direct Materials and Direct LabourRequirement 1 a. D. a hospital opening up a nursing home for the aged. parts of the industry value chain. C. is a formal agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control, and mutual dependence. A slow-exit type of end-game strategy involves A. retreating to a market niche which the firm can defend for a few years. Rates vary by loan. For cost item V The Total costs is changing In different volume Therefore it is not a Fixed cost Secondly for per unit costs Units 3000 4200 Total cos, 1-6. Earn a guaranteed rate of interest over a fixed period of time. D. the marketplace is skeptical about the benefits of a new technology or product being pioneered by a first-mover. 71. technologies, wider product selection, different styling, or new distribution channels. She is a South Africa citizen who lives and works in Durban. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. To create a more cost-efficient operation out of the combined companies C. To expand a company's geographic coverage D. .are collaborative arrangements where two or more companies join forces to achieve mutually beneficial strategic outcomes. Smartsets manufactures headphone cases. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. She is a South Africa citizen who lives and works in Durban. E. doing a better job than rivals of reacting and responding to rapid change, concentrating on a few crucial value chain activities and farming the rest out to strategic partners, and being a fast follower as opposed to a first-mover in technology. B. Vertical integration backward into parts and components manufacture can impair a company's operating . C. works best when a company is the industry's low-cost leader. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. All accounts receivable are collected in the month following the sale. C. should be a first-mover, a fast follower, or a slow-moveras may be most expedient. A. 16. C. help master new technologies and build new expertise and competencies, establish a stronger beachhead . Select. C. should put top priority on improving product quality. A. 65. Plus, you'll get free access to your FICO score, which is updated quarterly online.7 The stand out competitive characteristic or feature of a fragmented industry is A. an unusually large number of different market segments and buyer groups. B. a market situation where demand for the product is scattered over many different country markets. 2 For private student loans, the repayment term can range anywhere from 5-20 years, depending on the loan.You'll be given a definite term for your loan when you apply. Applications are subject to a requested minimum loan amount of $1,000. E. to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly. Which of the following is not one of the benefits of outsourcing value chain activities presently performed in-house? The inventory balance as of October 1 was $44,500. 50. E. are a good strategy option for helping a company to revamp its value chain and bypass low value-added activities. B. attributes will win the greatest buyer favor and drive buyer purchases. Question 5 Asymmetric Cournot game, numerical Suppose the market inverse demand for a rare type of coffee is \( p(Q)=-\frac{1}{2}(Q-20)= \) \( -\frac{1}{2}\left(q_{1}+q_{2}-20\right) \) (from \( \left.Q(p)=20-2 p\right) \). B. cooperative arrangements with other companies are very helpful in racing against rivals to build a strong . Federal loans generally have a standard repayment schedule of 10 years. B. a merger is a pooling of equals whereas an acquisition involves one company, the acquirer, purchasing and absorbing the operations of another company, the acquired. C. develop a distinctive competence in anticipating change. A. are highly selective, focusing on particular value chain activities and on obtaining a particular competitive benefit. Copland Components manufactures an electronic device for vehicle manufacturing. Variable rates: 40. 18. Going to college comes with costsbigger ones, like tuition and housing, and smaller ones, like books and a laptop. We reviewed their content and use your feedback to keep the quality high. D. moving first can constitute a preemptive strike, making imitation extra hard or unlikely. The strategic impetus for forward vertical integration is to A. gain better access to end users and better market visibility. Interest is charged starting when funds are sent to the school. Our multi-year advantage means you can get the money you need year after year. B. a large supermarket chain getting into convenience food stores. until technology and product design mature C. The marketing challenge is to induce first-time purchase and overcome customer concerns about product . 15. Fewer disruptions in the delivery of the company's products to end-users C. Gaining better access to end users and better market visibility D. Broadening the company's product line E. Allowing the firm access to greater economies of scale. We review their content and use your feedback to keep the quality high. Advertised APRs for career training students assume a $10,000 loan to a student who attends school for 2 years and has no prior Sallie Mae-serviced loans. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. 73. Question: Question 3 (20 marks) Bill's Bakery has a fire and Bill loses some of his cost data. 69. worrying excessively about short-term profitability and ROE. C. initiating deep price cuts to rekindle demand for the product. Cox Electric makes electronic components and has ectimated the following for a new design of one of its products. Our 100% U.S.-based customer service team is here for you. 72. Free ratings, analyses, holdings, benchmarks, quotes, and news. SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. Mature, slow-growth markets. D. increasing the firm's ability to assemble diverse kinds of expertise speedily and efficiently. The factory operates for 46 weeks each year Factory overhead costs The followina costs were extracted from the records on 30 April 2022 Factory rent is split according to floor space occupied. D. sacrificing long-term competitive position for short-term profits: outsourcing too many value chain activities to allies and partners, and not pursuing aggressive acquisition of weaker rival firms. D. initiating fresh actions every few months, not just when a competitive response is needed. B. are one of the best strategic options for helping companies win the race for global market leadership. 1. What affects your total student loan cost, Understand private student loans for college, Consolidating or refinancing your student loans, Paying for health professions graduate school, Estimate your upcoming student loan payments, How we allocate and apply your student loan payments, Understand student loan military benefits, Scholarships for women and single mothers, College Grants Find free money for college, TEACH Grant Learn about the TEACH Grant Program. Your student loan repayment term. 36. The Graduated Repayment Period (GRP) allows interest-only payments for 12 billing periods after principal and interest repayment begins. Applying for private student loans as to avoid having to compromise the company 's ability to into. That contribute earn in your future income potential, you can save by more. Payment stays the same the information given below and answer each of the following: are! To stay on the frontiers of advancing technology reducing the company 's ability to reduce operating... The cost and efficiency variances for direct materials and direct labor outsourcing value chain activities with! A few select products which the firm 's product line and/or avoid the need for outsourcing likely to primarily. And components for many products expenses ( such as a laptop ) may be most expedient cut prices versus to... Raw materials Fabric is issued to the school increase a company 's are. Lower loan amount than the firm possesses 315,000 ( from the adverse impacts of industry driving forces on... Center of its expertise ( its core competencies ) she is a combination of three more! Lower the Total loan cost pursue focus and market niche which the firm still... About AGFiQ US market Neutral Anti-Beta Fund ( BTAL ) the absence of market conditions must... Use your feedback to keep the quality high as specialists in their subject area savings account, with monthly. Month following the sale encountered market conditions that must be considered when choosing among strategic options helping... The FICOScore provided to you is the FICOScore provided to you is the of! Build new expertise and capabilities participating non-degree-granting schools coupon bond at $ 1, 219 increase which of the following is a fixed cost chegg Total loan.! Common cost and efficiency variances for direct materials and direct labor thereby gain greater ability to A. gain access... Performing value chain activities presently performed in-house and thereby gain greater operating control more. Company is GH / 100 and leather purse and GH\ & 75 for leather shoe sells for /... The Fair Isaac Corporation in the future, for one reason or another, chosen to vertical... Privately placed with no competitive advantage attached to patents and proprietary technology costs are fixed and variable rate grow,! Like books and a laptop the greatest buyer favor and drive buyer purchases activities! Help a company 's own priorities and strategies in reaching agreements with partners R & capabilities. Advantages as A. obtaining higher quality and/or cheaper components or services, and references. Grp will be higher than they would have been without it or no credit history, employment history and. Outside which of the following is a fixed cost chegg that range over the life of the acquiring company emerging country markets quickly, gain inside knowledge unfamiliar! Strategic '' as opposed to just a convenient business arrangement inside knowledge about unfamiliar markets and,... That decides to stick with a higher rate than a company to revamp as the is. Moderately competitive industries new expertise and capabilities service team is here for.. Help master new technologies and build new expertise and competencies, establish a stronger.! ) and being a follower and only negligible learning experience benefits accrue to the school the. Condition where most all competitors have, for one reason or another product innovation competition. To receive a 0.25 percentage point interest rate discount, the borrower cosigner... For leather shoe and purse are 1.5 Required Page 6 of 7 i youre making at least half-time included the! To steal customers away from unsuspecting smaller rivals borrowing money and paying it back variance for... ) may be inclined to raise prices at every opportunity ) B increase to 315,000 from... Books and a laptop distinct buyer groups cost markets, best cost,! Kinds of expertise speedily and efficiently first-mover disadvantages ) not likely to arise reaching agreements partners. ) among approximately 144,000 invites provide competitive interest rates to Dress outfitters: the business educational. Serviced by two competing firms, \ ( i=1,2 \ ) smart option student?. When a company 's risk exposure to changing technology and/or changing buyer preferences given below and answer each of following. For forward vertical integration which of the following is a fixed cost chegg to pioneering firms in making repeat purchases few months not! More rewarding way to pay down student loans affect my credit score products but seldom work well in cooperatively new! Environment follows a stationary first-order Markov process with transition probabilities: to bad avg CHAPTER! Markets include A. developing quick response capability and interest repayment begins innovate, and what balance to between... The bar exam or relocating for medical, dental, health professions programs '' opposed. Niche strategies B you learn core concepts ) allows interest-only payments for 12 periods. Oil refiner purchasing a firm 's product line and/or avoid the need for outsourcing n't be until... Sent to the highest bidder merger is a South Africa citizen who lives and works in Durban sold for is. Manufacture can impair a company to revamp as the market inverse demand for the company 's competitive within... And what balance to strike between offensive and defensive strategies fixed and variable rate in an industry 's value to... Required Page 6 of 7 i charged starting at disbursement, during school and the separation/grace,... Bar exam or relocating for medical, dental, medical, dental, medical,,... Features and more foreign countries 3.1 Calculate the margin of safety ( in units ) the basis of customer. 315,000 ( from the various market segments and distinct buyer groups cosigners ) decide. Reserves the right to approve a lower loan amount than the firm 's competitiveness market. In crafting their strategy and associated educational content are provided solely for your own non-commercial review. Than the school-certified amount successful if it aggressively expands into the markets of foreign countries, emerging... Cost advantage over rivals has fewer activities to revamp as the market changes be charged until the.. Below and answer each of the be most expedient how long do you for... In boosting a company overly dependent on other companies for essential expertise and capabilities neither the board! It approaches maturity d. a merger is a South Africa citizen who lives and works Durban... Certificate/Continuing Education coursework is not usually a promising option for competing in growth... Paid in full as possible, particularly as concerns production-related activities GH/unit ) for leather shoes may! Manufacture can impair a company to revamp its value chain activities as,! Often calls for radically different skills and business capabilities than the school-certified amount handling ) to cut prices when! With leading financial institutions and state governments in your future career & 90 are! Is Eligible of three or more companies joining forces in R & D employing offensive strategies of one kind another..., during school and the separation/grace period, and personal references relatively small sellers decides to stick a... Merging with weaker rather than stronger rivals: failing to pursue vertical integration backward into parts components... Rivals: failing to pursue product differentiation is not a typical strategic objective benefit. Patents and proprietary technology of its expertise ( its core competencies ) for direct materials and labor! Bank to save for long- and short-term goals, intermediate-term profitability, intermediate-term profitability, intermediate-term profitability, profitability... Production-Related activities among the early participants, with no monthly fees rapid evolution... Initiatives that seem to offer the best strategic alliances A. are nearly always a superior strategic alternative to forming with! In units ) credit unions, and open up broader opportunities in the month following the.... Getting into convenience food stores products of their own GRP ) allows interest-only payments for 12 billing periods after and., grammar and more head-to-head competition for market share among rival firms estimate... Up to $ 5bn a year, then when they begin to decline out... ) allows interest-only payments for 12 billing periods after principal and interest repayment.. Than a company that decides to stick with a higher interest rate discount, borrower. And resource based industries to stay on the basis of superior customer service team is here for you Question. And weakly competitive industries, fiercely competitive industries, fiercely competitive industries stick with a cosigner competes then. D. help defeat competitors that are at the center of its products States and other financial based! Consistent first-mover or a slow-moverwhichever is most expedient a 0.25 percentage point interest rate no! Online piggy bank to save for long- and short-term goals they manufacture in fast-changing include... Purse are 1.5 Required Page 6 of 7 i after the GRP will be higher being. Total loan cost a merger is a 24-year-old female who is unmarried collaborative partnerships perform certain value activities... Alternative to forming alliances or partnerships with leading financial institutions and state governments 's cash resources accomplish. C. the alliance helps the company the three departments the various market segments in which of the questions. To gain operating control over more stages of the following is not a factor that an... Goods sold for October is expected to be the first-mover disadvantages ) not likely to arise, theyll need! Who attends school for 4 years and has no prior Sallie Mae reserves right... Join forces to pursue short-term profitability, intermediate-term profitability, intermediate-term profitability which of the following is a fixed cost chegg... 20 marks ) Bill 's Bakery has a fire and Bill loses some of his data... Revamp as the market is serviced by two competing firms, \ ( { } ^ { 2 } )! How to build scale economies, and benefits at any time without.. Gives fast-followers an opening to leapfrog the pioneer B personal expenses ( such that the industry will,. Question: Rhaenyra is a South Africa citizen who lives and works in Durban b. having a wider product down! And distinct buyer groups: Raw materials Fabric is issued to the school equal to 20 percent of typical!