Niche strategies are generally more profitable than mass-market strategies because they usually imply weaker price competition. Comment.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Niche strategies focus strategies often insulate a firm from competition If the ...View the full answer
Answered By
Daniel Kimutai
I am a competent academic expert who delivers excellent writing content from various subjects that pertain to academics. It includes Electronics engineering, History, Economics, Government, Management, IT, Religion, English, Psychology, Sociology, among others. By using Grammarly and Turnitin tools, I make sure that the writing content is original and delivered in time. For seven years, I have worked as a freelance writer, and many scholars have achieved their career dreams through my assistance.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Economics of Strategy
ISBN: 978-1118319185
6th edition
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
Question Posted:
Students also viewed these Economics questions
-
Niche strategies are generally more profitable than "mass-market" strategies because they usually imply weaker price competition." Comment
-
Computer software companies are generally more profitable than grocery stores because their gross profit percentages are usually at least twice as large. Do you agree? Explain.
-
More than ever before, Chinese retailers are facing local competition from foreign companies. China's highly regulated economy has insulated businesses from competition. Now that China is loosening...
-
In the Walton Bookstore example with a discrete demand distribution, explain why an order quantity other than one of the possible demands cannot maximize the expected profit.
-
How might you use 1k spectroscopy to distinguish between the following pairs of isomers? (a) CH 4 CH 2 OH and CHOCH 3 (b) Cyclohexane and 1-hexene (c) CH 3 CH 2 CO 2 H and HOCH 2 CH 2 CHO
-
Consider a day when the Dow Jones industrial average went up 149.82 points. The following table shows the stock price changes for a sample of 12 companies on that day. a. Compute the sample variance...
-
What is the difference between aggregation and composition? Give an example for each.
-
How might a developing countrys decision to reduce trade restrictions such as import tariffs affect its ability to borrow in the world capital market?
-
On March 1 , Eckert and Kelley formed a partnership. Eckert contributed $ 8 8 , 0 0 0 cash, and Kelley contributed land valued at $ 7 0 , 4 0 0 and a building valued at $ 1 0 0 , 4 0 0 . The...
-
SHR Corporation is a midsize, publicly-traded direct marketer and retailer of outdoor sporting goods based in the United States. Its common stock is listed on the New York Stock Exchange under the...
-
Recall from Chapter 2 Adam Smith's dictum, "The division of labor is limited by the extent of the market." How does market growth affect the viability of a focus strategy?
-
"Firms that seek a cost advantage should adopt a learning curve strategy; firms that seek to differentiate their products should not." Comment on both of these statements.
-
Discuss why communication skills are important to organizational success and why recruiters focus so much on finding leads with good communication skills. What happens when there are problems with...
-
For Republic Services, Inc. company, inference on agency cost of debt can be made from recent debt offerings of the firm. If creditors are concerned about agency costs, then they will demand stricter...
-
1.) A donor would like to fund a scholarship that will pay the receipient $ 8500.00 at the end of every year for 5 years. If the school can get a 5.50 % return on its investment, how much money does...
-
2.) Jack places an amount of $ 60 in an account at the end of each year for 12 consecutive years beginning one year from today. If the interest rate is 3 %, how much will Jack have at the end of the...
-
5. A lender wants to achieve a yield (YTM or IRR) of 7.25% on a 25-year amortization, monthly-payment loan with a 10-year term (i.e. maturity) with balloon. How many points must the lender charge...
-
3. Consider a $40 million 5.5%, FRM (or CPM) with monthly payments. Determine the monthly payment and the balloon payment (OSB or OLB at end of the term) amounts in each of the following cases: (a)...
-
Manitoba Insurance Ltd. (MIL) purchased $10 million of bonds on January 1, Year 1. The bonds were to mature at the end of Year 2 and pay interest equal to 5 percent of their face value at the end of...
-
Consider the reaction of acetic acid in water CH 3 CO 2 H(aq) + H 2 O(l) CH3CO 22 (aq) + H 3 O + (aq) where Ka 5 1.8 3 1025. a. Which two bases are competing for the proton? b. Which is the stronger...
-
Imagine that two identical countries have restricted imports to identical levels, but that one has done so using tariffs while the other has done so using quotas. After these policies are in place,...
-
Explain how the nominal dollar/euro exchange rate would be affected (all else equal) by permanent changes in the expected rate of real depreciation of the dollar against the euro.
-
Can you suggest an event that would cause a countrys nominal interest rate to rise and its currency to appreciate simultaneously, in a world of perfectly flexible prices?
-
If f(x) = x-9 and g(x) = x + 3x, complete parts (a) (f+g)(x)= 2x+3x-9 (Simplify your answer. Do not factor.) (b) (f-g)(x)=-9-3x (Simplify your answer. Do not factor.) 3 (c) (f-g) (Simplify your...
-
Your portfolio which consists of 46% of stock J, and 54% of stock K. J has daily Standard Deviation 3% while K has daily Standard Deviation 4%. The correlation of two stocks is -0.6. What is the 1...
-
Add as indicated. Write all answers in lowest terms. 3 - + 2 X X-7 3X 2 = X-7 (Simplify your answer.)
Study smarter with the SolutionInn App