When a drone manufacturer decides to shift from producing and selling high-quality, high-end drones to producing drones at the lowest possible cost, it is changing its __________.

Answers

Answer 1

Such a switch from selling high quality drones to making drones at the lowest cost is a change in competitive strategy.

What is competitive strategy?

This refers to the pricing method that a company uses to gain an edge in the market over its competitors.

Some companies decide to charge high prices but produce high quality goods while other companies produce cheaper goods at the lowest cost.

Find out more on competitive strategy at https://brainly.com/question/14030554.

#SPJ12


Related Questions

Because a project requires resources, often from various areas, many projects cross ____ or other boundaries to achieve their unique purposes

Answers

Because a project requires resources, often from various areas, many projects cross-departmental or other boundaries to achieve their unique purposes. This is further explained below.

What is a department?

Generally, a specialized department inside a larger institution (governmental, academic, or commercial) focuses on one area of focus.

In conclusion, For many initiatives to succeed, it is necessary to pool resources from different departments or even other organizations.

Read more about departments

https://brainly.com/question/11539179

#SPJ12

The market price of airline flights increased recently. Some economists suggest that the price increased because jet fuel is much more expensive than before. As a result, they believe that, in the market for flights: a. demand decreased. b. supply increased. c. demand increased. d. supply decreased.

Answers

The economists evaluating the price increase in airline flight price most likely believe that a. demand decreased.

Why do economists believe that demand decreased?

The law of demand says that people will demand more of a good when the price is lower and vice versa.

This means that with the rise in the market price of airline flights, there will be a drop in demand.

Find out more on the law of demand at https://brainly.com/question/24500422.

#SPJ12

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less ________ than the lower-cost version.

Answers

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

What is Process Quality?

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

Learn more about Efficiency Business Process on:

brainly.com/question/18559769

#SPJ4

American Paper Company has a beta of 1.2. The risk-free rate is 6 percent and the required return on the market is 14 percent. The required rate of return on the security is

Answers

American Paper Company has a beta of 1.2. The risk-free rate is 6 percent and the required return on the market is 14 percent. The required rate of return on the security is:

-15.6%-13.2%-22.0%-22.8%

What Is the Security Market Line?

The security market line (SML) is a line drawn on a chart that serves as a graphical representation of the capital asset pricing model (CAPM)—which shows different levels of systematic, or market risk, of various marketable securities, plotted against the expected return of the entire market at any given time.

Its Also known as the "characteristic line," the SML is a visualization of the CAPM, where the x-axis of the chart represents risk (in terms of beta), and the y-axis of the chart represents expected return. The market risk premium of a given security is determined by where it is plotted on the chart relative to the SML

The formula for plotting the SML is:

Required return = risk-free rate of return + beta (market return - risk-free rate of return)

Learn more about SML on:

brainly.com/question/15877803

#SPJ4

The total factory overhead for Bardot Marine Company is budgeted for the year at $504,150, divided into four activities: fabrication, $221,000; assembly, $80,000; setup, $109,650; and inspection, $93,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 4,250 dlh 12,000 dlh 31 setups 53 inspections Bass boat 12,750 4,000 224 372 17,000 dlh 16,000 dlh 255 setups 425 inspections Each product is budgeted for 3,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication $fill in the blank 1 per direct labor hour Assembly $fill in the blank 2 per direct labor hour Setup $fill in the blank 3 per setup Inspection $fill in the blank 4 per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit

Answers

Variables to fill the blanks are mathematically given as

a)

F= 16

A= $ 6

S= $ 530

I= $ 270

b)

The speed boat is  $ 59

The Bass Boat is $ 148

What are the activity rates for each activity.?

Generally, the equation for  Fabrication is  mathematically given as

[tex]F=\frac{Overhead \ Cost}{ Activity \ Base \ Usage \ Quantities}[/tex]

Therefore

[tex]F= \frac{448,000}{28,000}[/tex]

F= 16

Generally, the Assembly  is  mathematically given as

[tex]A= \frac{180,000}{30,000}[/tex]

A= $ 6

Generally, the Setup is  mathematically given as

S= $ 222,600 / 420

S= $ 530

Generally, the Inspection is  mathematically given as

[tex]I = \frac{189,000}{700}[/tex]

I= $ 270

b)

For the Activity-based factory overhead per unit

The speed boat is  $ 59

The Bass Boat is $ 148

In conclusion, Use the values to fill in the required blanks

Read more about  activity rates

https://brainly.com/question/5143419

#SPJ1

_______ can run and climb stairs when holding someones hand or a rail. Classroom summary. Screening tools. Gross motor. Infants. Preschoolers. Toddlers. I will mark brianlest

Answers

Answer:

preschoolers

Explanation:

At this stage their balance has improved, they are more coordinated, and tend to focus more on where they are going (steps taken)


As you get older, a Target Date Fund will adjust
by...
a.
Slightly decreasing your stocks and
holding your bonds the same.
b.
Decreasing your stocks and increasing
your bonds.
c.
Increasing your stocks and decreasing
your bonds.
d.
Holding your stocks the same and
slightly increasing your bonds.

Answers

The target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

What is Target-date funds ?

Target-date funds are the funds which increases the assets for the specific time period. It is also known as exchange traded funds. Thus it is an life cycle fund wherein the allocation of the portfolio gradually becomes more cautious.

The Target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

Learn more about  target Date fund  here:

https://brainly.com/question/14389226

#SPJ1

what term do economists use to refer to the minimum amount that investors must earn on the funds they invest in a firm, expressed as a percentage of the amount invested?

Answers

The term economists use to refer to the minimum amount that investors must earn on the funds they invest in a firm is Normal Rate of Return. This is further explained below.

What is the Normal Rate of Return?

Generally, the Normal Rate of Return is simply defined as the average rate at which companies in the same industry as yours are able to turn a profit under typical conditions.

In conclusion, Economists use the phrase normal rate of return to refer to the minimum rate of return required by investors on their capital in a certain company.

Read more about Normal Rate of Return

https://brainly.com/question/13034240

#SPJ12

norma inc. uses the perpetual inventory system. when the company records a sale, it should make entries to:

Answers

The fact that Norma Inc. uses a perpetual inventory system means that when a sale is recorded, the company should:

b. decrease an asset and increase an expense.c. increase an asset and increase revenue.

What happens when a sale is made?

The revenue account should be increased because a sale brings money into the business. Cash or Account Receivables should also increase depending on is the sale was a cash or credit sale.

Cost of goods sold would increase as well and it is an expense. The asset of inventory would decrease to show that there is less inventory on account of the sale.

Options for this question are:

a. decrease an asset and decrease revenue

b. decrease an asset and increase an expense

c. increase an asset and increase revenue

d. increase an asset and decrease an expense

Find out more on the perpetual inventory system at https://brainly.com/question/25014592.

#SPJ12

Examine the table comparing auto collision insurance
deductibles and premiums for three drivers.
Why does driver 3 most likely pay a higher monthly premium than drivers 1 and 2?
The insurance company views driver 3 as a risk
because of accident history and age.
The insurance company believes that driver 3 is
less likely to pay bills on time.
Driver 3 voluntarily pays a higher premium in order
to have a lower deductible.
Driver 3 voluntarily pays a higher premium to
receive greater coverage.

Answers

Driver 3 most likely pay a higher monthly premium than drivers 1 and 2 because A. The insurance company views driver 3 as a risk

because of accident history and age.

Why will an individual pay a higher premium?

It should be noted that a monthly premium will reflect the added risk of multiple drivers using a vehicle.

Also, teenagers or young people generally pay higher premiums because it's believed that there more prone to accident.

Therefore, driver 3 most likely pay a higher monthly premium than drivers 1 and 2 because the insurance company views driver 3 as a risk

because of accident history and age

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

Answer: A

Explanation:

The insurance company views driver 3 as a risk because of accident history and age.

A tax credit of $5000 for a person in a 35% tax bracket would reduce a person's taxes owed by?

Answers

A tax credit of $5000 for a person in a 35% tax bracket would reduce a person's taxes owed by $1,750.

What is tax credit?

Tax credit can be defined as the money deducted from the tax you owe.

Using this formula

Tax reduction=Amount owe- Tax bracket percentage

Let plug in  the formula

Tax reduction=$5,000×35%

Tax reduction=$1,750

Therefore a tax credit of $5000 for a person in a 35% tax bracket would reduce a person's taxes owed by $1,750.

Learn more about tax credit here:https://brainly.com/question/3350870

#SPJ1

Management should select the depreciation method that

Answers

When it comes to selecting a depreciation method, management should select on that D. best measures the plant asset's contribution to revenue over its useful life.

Which depreciation method should be picked?

Different companies use the same equipment in different ways and for that reason, depreciation cannot be the same.

The company needs to pick a depreciation method that takes the contribution of the equipment to its specific type of business and the revenue that is brought in.

Options include:

a. has been used most often in the past by the company.

b. best measures the plant asset's market value over its useful life.

c. is easiest to apply.

d. best measures the plant asset's contribution to revenue over its useful life.

Find out more on depreciation methods at https://brainly.com/question/18724238.

#SPJ12

In june, a client buys 100 shares of xyz corporation at $27 per share and writes an xyz october 30 call at a $3 premium. the trade is executed in a cash account. what is the breakeven point for the writer

Answers

The breakeven point for the writer on the share trading is equal to $24.

The third option is the correct answer.

What is a breakeven point?

A breakeven point is a situation where the company earns no profit and no loss amount in the Cost-Volume-Profit (CVP) analysis.

Given values:

Share price: $27

Premium per share: $3

Computation of breakeven point:

[tex]\rm\ Breakeven \rm\ point = \rm\ Share \rm\ price - \rm\ Premium \rm\ per \rm\ share\\\rm\ Breakeven \rm\ point = \$27 - \$3\\\rm\ Breakeven \rm\ point = \$24[/tex]

Question's missing part:

The options are as follows:

1) $33

2) $30

3) $24

4) $33

Therefore, the point where the shares are breakeven is $24.

Learn more about the breakeven point in the related link:

https://brainly.com/question/10190285

#SPJ1

A physical good, service, or idea that satisfies a want or need is called a(n):

Answers

A physical good, service, or idea that satisfies a want or need is called a product.

What is a product?

Products are objects or produced goods made available for consumers for consumption.

They are known as tangible goods that can be seen and touched. They are produced in order to satisfy human need and want.

Learn more on Products here: https://brainly.com/question/25922327

#SPJ12

a simple contract is defined as an informal contract made without the formalities of a seal. true false

Answers

It is true that a simple contract is defined as an informal contract made without the formalities of a seal.

What is simple contract?

This is a contract between two parties which could be oral or written. It is to be noted that parties to simple contract have intended to be legally bound by it.

Some of the examples of simple contracts are:

Employment contractVendor and suppliers agreementSoftware license agreement.

Learn more about simple contract here: https://brainly.com/question/5746834

#SPJ11

Why shouldn’t applicants to job openings send their cover letter as an attachment in an e-mail? when would it be acceptable to send a cover letter as an attachment?.

Answers

The employer may restrict emails that contain attachments. This can be a function of their email spam or junk mail filtering system.

What is a cover letter in an email?

An email cover letter is a quick email that includes some personal information and the justification for delivering your resume.

Unless an employer specifically requests that you include them in the email body, send your cover letter and resume as separate attachments. Create a sincere cover letter every time, and attach it to the email.

Hence, the significance of the e-mail is aforementioned.

Learn more about on e-mail, here:

https://brainly.com/question/15710969

#SPJ1

Between 1986 and 2018, the top marginal personal income tax rate was 40 percent or less compared to 70 percent or more prior to 1981. Compared to the earlier time period, in recent years the share of personal income taxes paid by high income taxpayers a. has been virtually unchanged. b. has been lower. c. has been higher. d. increased in the late 1980s, but has been falling ever since.

Answers

When compared to the earlier time period, the share of income paid as taxes by high income earners b. has been lower.

How has the percentage of income tax paid changed?

Before 1981, high earners could pay as much as 70% of their earnings as taxes to the government.

Since 1986 however, high earners have not paid more than 40% of their earnings which shows that they are paying percentages on their income.

Find out more on personal income tax at https://brainly.com/question/16286115.

#SPJ12

Which of the following statements about evaluation apprehension in team settings is TRUE? Group of answer choices It is more likely to occur when team members formally evaluate each other's performance throughout the year. It increases with the individual's motivation to share his or her ideas. It tends to affect the discipline and functioning of team meetings. It motivates team members to generate creative solutions, no matter how silly they may sound.

Answers

The statements which are true about the apprehension in team settings are: It is more likely to occur when team members formally evaluate each other's performance throughout the year

What is evaluation?

Anxiety or worry about being judged by others, particularly anxiety felt by experiment participants who want to be viewed positively by the experimenter or by those watching their actions.

Team building, which can be defined as various actions meant to improve social relations in a team, can also be used to describe a team environment. It also comprises the procedure for defining team roles.

Hence choice first is correct.

Learn more about evaluation apprehension:

https://brainly.com/question/14895889

#SPJ1

What type of analytics would take past purchasing data as inputs into a model and then recommend the best pricing strategy for maximizing revenue

Answers

"Prescriptive Analysis" would take past purchasing data as inputs into a model and then recommend the best pricing strategy for maximising revenue.

What is Prescriptive Analysis?

Prescriptive analytics makes recommendations about potential outcomes and produces actions that are likely to maximise important business KPIs.

Prescriptive Analytics is based on:

Optimisation which helps in achieving the best outcomesStochastic optimisation which helps in how to achieve best outcomes and identify data uncertainties to make best results.

The types of analytics are-

Descriptive, Predictive and Prescriptive analytics.

Learn more about Prescriptive Analytics, here

https://brainly.com/question/27833447

#SPJ4

Any purchased materials that will go into the finished product are first recorded in the.

Answers

Any material purchased will be recorded in the Raw material inventory account. The option for the first blank is raw and second blank is material.

What is Inventory Account?

Inventory Account refers to the account which records all the transactions related to the stock. It records the purchased of the stocks, work in progress, closing stock, opening stock etc.

The complete question is attached below.

The raw material inventory account is where all materials that will be used to create the final product are first registered.

Learn more about raw material here:

https://brainly.com/question/13376768

#SPJ1

In the context of contracts formed by promises, a bilateral contract is defined as: Multiple Choice an agreement in which a promise is made in exchange for performance. an agreement wherein at least one party has the right to withdraw without incurring liability. a judicial remedy to prevent one party from receiving unjust enrichment. an agreement containing mutual promises. one that appears to be an agreement but lacks an essential requirement for validity.

Answers

An agreement containing mutual promises. Workers on a building are guaranteed that their contractors will pay them at the end of each month.

How do bilateral contracts work?

A bilateral contract is a legally binding arrangement between two parties wherein each exchanges commitments to carry out and execute one-half of a deal. Because it makes both parties into what is known as an "obligor," or a person or party who is bound to another, this contract form is one of the most often utilized binding agreements.

Due to their widespread usage, sales contracts and bilateral contracts are frequently used interchangeably. An obligor has violated the bilateral agreement if they don't carry out their obligation (and of course, vice versa).

Learn more about Bilateral Contract with the help of the given link:

brainly.com/question/14892242?referrer=searchResults

#SPJ4

Shortly after World War II, John Jackson developed and began selling a machine lubricant that was superior to anything currently on the market. While demand kept up with production at first, several strong competitors added new products and he soon had to hire a sales force to sell excess product to manufacturing companies in the area. This is an example of marketing behavior that would occur during the ________ era of U.S. business history.

Answers

The given scenario is an example of marketing behavior that would occur during the sales era of U.S. business history.

What is Marketing?

This refers to the creation of awareness for a particular product by making promotions.

Hence, we can see that based on the given scenario of the machine lubricant that was sold after the WWII, there was the introduction of strong competitors and a sales force had to be hired and this is an example of marketing behavior that would occur during the sales era of U.S. business history.

Read more about marketing here:

https://brainly.com/question/25754149

#SPJ12

Determine which of the statement(s) are correct if a petty cash account is not replenished at the end of the accounting period. (check all that apply.) multiple select question. the balance sheet would show an overstated cash asset. the balance sheet would show an understated cash asset. expenses would not be recorded in the period in which they were incurred. the income statement would reflect a net income amount that was too high.

Answers

If Petty Cash is not replenished at the end of the accounting period:

the balance sheet would show an overstated cash asset.expenses would not be recorded in the period in which they were incurred. the income statement would reflect a net income amount that was too high.

What happens when petty cash is not replenished?

Because the cash that was meant to go to the petty cash was not taken from the cash account, this account will have more than it should (overstated).

The expenses which were incurred and recorded in the petty cash would not be accounted for which means that the income would be overstated as these expenses were not deducted from it.

Find out more on the petty cash at https://brainly.com/question/17439772.

#SPJ1

which one of the following is not an external users of accounting information

Answers

The answer choice that is not an external user of accounting information is d. All of these answers choices are external users.

What is Accounting Information?

This refers to the financial statements that are used to keep records of all financial transactions.

Hence, we can see that from the complete text, there is the list of options and they are all external users because they are people outside the business.

Read more about accounting information here:.

https://brainly.com/question/27524788

#SPJ11

_____ consists of partially completed products in various stages of completion that are awaiting further processing.

Answers

Products that are partially completed and still in the various production stages of completion are referred to as: work-in-progress inventory

What is Work-in-Progress Inventory?

Work-in-progress inventory can be defined as goods that are partially completed, which can also be called "in-process inventory". They are products that are not ready for sale.

For example, in a coffee company, work-in-progress inventory may include, shopping boxes, coffee beans, labels, among others.

Learn more about work-in-progress inventory on:

https://brainly.com/question/14577762

#SPJ11

how did the strategic alliance between hp and dreamworks animation skg affect hp?

Answers

The strategic alliance between HP and Dreamworks animation skg affected HP because its enabled the firm to compete head on with Cisco's videoconferencing solution.

What is a strategic alliance?

This refers to the agreement between two firms who are pursuing a set of objectives while remaining an independent organizations

Hence, the strategic alliance between the two firms impacted one as its to compete head on with Cisco's videoconferencing solution.

Therefore, the Option B is correct.

Missing options "A. It helped HP pursue a taper integration strategy. B. It enabled HP to compete head on with Cisco's videoconferencing solution. C. It resulted in depreciation of HP's shareholder value. D. It failed because HP lacked the expertise in selecting and integrating technology acquisitions"

Read more about strategic alliance

brainly.com/question/4467038

#SPJ12

having a high debt-to-income ratio or defaulting on your loan can bring down your credit score. how can a low credit score on your credit report affect you?

Answers

A low credit score on your credit report can affect you as it will lead to higher interest rates.

What is a credit report?

It should be noted that a credit report is the record of the repayment history of a borrower.

In this case, a credit score on your credit report can affect you as it will lead to higher interest rates as well as fewer loan options.

Learn more about credit reports on:

brainly.com/question/9913263

#SPJ11

Which type of market is the one in which a person buys stock in the fast-food company that makes their favorite breakfast sandwich?

a. Product market
b. Factor market
c. Financial market
d.Closed market

Answers

Answer:

C. Financial market

Explanation:

Anything that has to do with stocks is part of the Financial Market.

Answer: C: Financial Market

Explanation:

when effective leaders hear others complaining about a problem, which action would they most likely take?

Answers

When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.

Who is a leader?

A leader is person that possess a leadership skills  and help to direct and lead the people that are under him/her.

An effective Leaders does not  ignore problems but they  tend to  learn how big the situation  and try to figure and solve it.

Therefore the action would they most likely take is: To try to learn how big the problem really is.

Learn more about leader here:https://brainly.com/question/1232764

#SPJ11

Himanshu called his large U.S. supplier to ask for an urgent delivery to his firm in Japan, but his request needed the approval of a high-level manager in the supplying firm. After 10 minutes browsing the Internet, Himanshu found a small business in the U.S. offering the same product. Seconds later, he was talking to the owner. The shipment left for Japan that day. This example demonstrates:

Answers

The large U.S. supplier's inability to deliver unlike the small U.S. supplier is an example of the advantages small businesses have over large businesses in international trade because of limited bureaucracy.

What is a bureaucratic bottleneck?

Bureaucratic bottleneck refers to the excessive officialdom practiced by large organizations because certain laid down processes must be followed strictly.

With limited bureaucracy, an organization becomes nibble, agile, and can respond promptly to customers' requests without delays.

Thus, in this scenario, we can see an example of the advantages that small businesses enjoy over their larger counterparts, especially in international trade.

Learn more about bureaucratic bottlenecks at https://brainly.com/question/2615044

#SPJ12

Other Questions
A company makes 150 bags.43 of the bags have buttons but no zips.38 of the bags have zips but no buttons.34 of the bags have neither zips nor buttons.A bag is selected at random.What is the probability that the bag has buttons?PLEASE ANSWER IN FRACTIONS Specialized cell types organized in a way that provides a specific function form. can someone please help mee Are of quadrilateral Read the excerpt from Jawaharlal Nehrus speech "A Tryst with Destiny.To the people of India, whose representatives we are, we make an appeal to join us with faith and confidence in this great adventure. This is no time for petty and destructive criticism, no time for ill will or blaming others. We have to build the noble mansion of free India where all her children may dwell.The appointed day has comethe day appointed by destinyand India stands forth again, after long slumber and struggle, awake, vital, free and independent. The past clings on to us still in some measure and we have to do much before we redeem the pledges we have so often taken. Yet the turning point is past, and history begins anew for us, the history which we shall live and act and others will write about.Which statement best evaluates the effectiveness of the evidence in this passage?Nehru makes an effective appeal to reason by saying that this is no time for blame, but is time for building.Nehru makes an effective appeal to emotions by saying that there is work to do to redeem pledges taken.Nehru makes an ineffective appeal to reasoning by saying that the day has been appointed by destiny.Nehru makes an ineffective appeal to emotions by saying that problems from the past have to be solved. You spent 14 of your allowance on Monday. On Tuesday, you spent 13 of what was left. On Wednesday, you spent 12 of what remains. What fraction of your allowance do you have left? Choose the most reasonable answer.PLEASE HELP ME WITH THIS What is the appropriate osha standard for hazard communication?. Which sentence best completes the diagram? Cultural Developments in the Mid-1800s Pam ask you to help her with the catering for the funeral. you decide to use juice concentrate to serve as a refreshing drink. to create this delicious you must dilute the concentrate in the ratio 1:4 you must make 25litres of juice. what volume of concentrate is needed to make the juice What are coefficients in the expression 2+6+10b-8a provide an example of unit conversion utilizing the process of dimensional analysis To successfully fight computer crime in a court of law, prosecutors and victims depend on a properly handled _____. Choose the expression that represents a cubic expression2x + 11 in ____ structures, the computer repeats particular statements a certain number of times depending on some condition(s). How many students scored 5 marks? a. what happens to the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece? Martin Luther King, Jr. was a civil rights leader. Identify a way Martin Luther King, Jr. worked to achieve civil rights. Which statement is TRUE about forces?A. Forces do not have a specific direction.B. Forces do not have specific strength.C. Forces always act in pairs, a push and a pull. Suppose the measures of the interior angles of a convex quadrilateral are four consecutive odd numbers. Find the measure of the third angle. An organ is a part of the body composed of two or more tissue types and is designed to perform at least one specific physiological function