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goldenfox
20 days ago
10

In a diversified firm, corporate-level strategy is concerned with a. coordinating the vision and mission of each subsidiary firm

. b. operating each individual business under the corporate umbrella. c. determining how each functional department of the firm will operate. d. determining in which businesses to compete and how resources will be allocated between businesses.
Business
1 answer:
stepan [3K]20 days ago
5 0

Response:

d. deciding which markets to compete in and how to allocate resources among them.

Explanation:

Corporate level strategy represents the highest level of management strategy, focusing on identifying areas for optimal performance and growth to distinguish itself in the market and maximize customer share.

This aids in pinpointing the most lucrative businesses and crafting effective strategies for competing successfully in those sectors.

As a result, statement d accurately captures the essence of corporate level strategy.

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Review the Globe to determine Baldwin's current strategy. How will they seek a competitive advantage
arsen [2988]

This query is not fully formulated; the actual question is:

Examine the Inquirer to ascertain Baldwin's present strategy. What approach will they take to gain a competitive advantage?

Select the top five avenues for competitive edge that Baldwin is likely to pursue. Choose: 5 Save Answer Add additional products Provide appealing credit options Accept reduced plant usage and greater capacity to ensure demand is met Cut production costs via TQM practices Pursue high plant usage, even if it risks minor stock shortages Boost sales through TQM efforts Aim for outstanding product design, visibility, and accessibility Strive for high levels of automation Aim for the lowest price within their market sector while sustaining a competitive contribution margin Decrease labor expenses through effective training and hiring.

Result:

1) Decrease labor expenses through effective training and hiring

2) Aim for the lowest price within their market sector while sustaining a competitive contribution margin

3) Cut production costs via TQM practices

4) Aim for outstanding product design, visibility, and accessibility

5) Pursue high plant usage, even if it risks minor stock shortages

Rationale:

Below are the primary methods by which Baldwin can establish a competitive edge

Decrease labor expenses through effective training and hiring- Lowering labor costs allows Baldwin to maintain increased profit margins, giving it an advantage over its rivals. This corresponds to a Cost Leadership strategy.

Aim for the lowest price within their market sector while sustaining a competitive contribution margin- Baldwin can target specific markets and offer its products/services at minimal prices while remaining competitive. This strategy will enhance Baldwin's reach and bolster its market position ahead of competitors. This aligns with a Focus strategy.

Cut production costs via TQM practices- A reduction in production costs translates to increased profitability for Baldwin, thereby enhancing its competitive stance. This exemplifies a Cost Leadership strategy.

Aim for outstanding product design, visibility, and accessibility- By focusing on superior design, visibility, and accessibility, Baldwin can differentiate its offerings from the competition. When customers encounter a unique product that provides tangible benefits and is readily accessible, they are inclined to express interest, potentially paying a premium. This illustrates a Differential strategy.

Pursue high plant usage, even if it risks minor stock shortages- Striving for optimal plant utilization allows Baldwin to streamline fixed costs, resulting in overall reduced expenses that provide a competitive advantage. While the risk of stock shortages exists, the benefits of high plant usage compensate for this potential loss.

5 0
1 month ago
The ​ S&P 500 index delivered a return of 10​%, 15​%, 15​%, and −25​% over four successive years. What is the arithmetic ave
Scilla [3267]

Answer: The average annual arithmetic return is 3.75%.

Explanation:

Year 1 = 10%

Year 2 = 15%

Year 3 = 15%

Year 4 = -25%

Total return = 15%

The arithmetic average annual return is calculated as (Year 1 return + Year 2 return + Year 3 return + Year 4 return) / 4 = 15% / 4 = 3.75%.

5 0
1 month ago
Green Goddess Developers is a large nationwide landscape company with home offices in Libertyville, IL. The local media often gu
marusya05 [3096]
The selected answer is C.
8 0
22 days ago
The Bella Capri runs as an Italian restaurant that specializes in freshly prepared cooked meals. It is located in premises on a
Scilla [3267]

Answer:

The result is $1000.

Explanation:

Fixed costs are defined as expenses that remain unchanged regardless of the services provided or goods produced.

Following this definition, we can determine that the price of $16 per meal and the $4 ingredient costs are not considered fixed costs. Other expenses like lighting, heating, and fuel fluctuate according to utilization and therefore are variable.

However, the other costs mentioned in the query can be classified as fixed costs since they do not vary with the number of customers or the quantity of food prepared.

Thus, the weekly fixed costs for Bella Capri amount to $250 + $150 + $600 = $1000.

I hope this clarifies your question.

6 0
1 month ago
Tom works for a large payroll outsourcing firm. One of his key customer’s contracts is set to expire in one month. Competition h
Nady [2956]

Answer:

He ought to present reasons why his company can satisfy the customer's particular needs.

Explanation:

It's important to articulate how the firm can meet the customer's distinct requirements.

Tom discussed industry trends, noted his firm’s successful history, and proposed pricing alternatives.

A crucial aspect he overlooked, which is vital in these circumstances, is conveying why his company stands out in fulfilling customers’ needs and supporting them toward their objectives. This is significant since various competitors provide similar services, and what distinguishes his company is its ability to better address customer expectations.

8 0
1 month ago
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