Answer:
This indicates a narrower competitive focus.
Explanation:
In a narrow competitive focus, a company might adopt a strategy centered around either cost leadership or differentiation. By employing a focus strategy, the business opts to produce goods or offer services aimed specifically at a particular customer segment. In a cost leadership approach, the firm could engage in activities that highlight its ability to provide the lowest price for its targeted audience. Conversely, in a differentiation approach, the firm finds its competitive edge in providing a broad array of products.
Variable work timetable is an adaptable work arrangement that lacks a set structure. This type of schedule allows employees to fulfill their working hours on days when they are absent. In this instance, Jessica has a commitment of working forty hours weekly, specifically from 9:00 a.m. until 5:00 p.m. Should she miss a day, she must compensate by putting in additional hours later. This exemplifies a variable work schedule.
Answer:
DeShawn should not continue offering the engine detailing service
Explanation:
Given data
Cost = $40
Charge = $75
Total price = $90
Additional charges amount to $20
To determine
Whether DeShawn should proceed with the offer
Solution
Here, we know DeShawn's marginal benefit is Marginal benefit = total price - charge
Marginal benefit = 90 - 75
Marginal benefit = $15
Given that the additional charge is $20
Thus,
the marginal cost exceeds the marginal revenue
Hence, DeShawn should not continue the engine detailing service
Company 4's times interest earned ratio stands at 14.3.
