Quick Eats is a fast-food restaurant that has recently entered the hospitality industry. Since most of its competitors are pursuing a low-cost position and doing well, Quick Eats also wants to adopt the same strategy. Which of the following will be a likely implication of this decision?A. Quick Eats will face low profit potential.
B. Quick Eats will be able to create higher value for its customers.
C. Quick Eats will be better placed to gain a competitive advantage in the industry.
D. Quick Eats will not face any direct competition in the industry.

Answers

Answer 1

Answer:

Answer:

Which of the following will be a likely implication of this decision?.

B. Quick Eats will be able to create higher value for its customers.

Explanation:

A competitive advantage is to create value for your customers that in many cases your competitors cannot. Among which we can highlight lower cost, faster service, better customer service, a more convenient location.

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Analyze how taxes or emissions standards could reduce the economic inefficiency that arises in a competitive market with a negative externality.
In December 2020, Quebecor Printing received magazine subscriptions for 2021 from customers, who paid $420 in cash. What would be the appropriate journal entry for this event in December 2020?
Brad has a steady job, solid income, and plans to live in a nearby city for the long term. He is looking to purchase both a car and a place to live, and he is very interested in building up equity and credit to add to his assets.Which of the following illustrates the most economically sound choice for Brad? A.buying both a car and a home B.leasing both a car and home C.buying a car and leasing a home D.leasing a car and buying a home

The Cost of Quality, COQ, is the difference in the cost of prevention and the cost of failure. If a quality program costs $10,000 to plan and $50,000 to administer, what is the COQ of the program reduces waste by $30,000 and returns of bad products by $40,000

Answers

Answer:

The COQ is -$10,000

Explanation:

The COQ can be represented by the sum of two factors: Cost of Good Quality and Cost of Poor Quality.

The Cost of Good Quality (CoGQ) includes the prevention and appraisal cost and the Cost of Poor Quality (CoPQ) includes internal and external failures.

The formula of COQ is:

COQ = CoGQ + CoPQ

CoGQ= $10,000 + $ 50,000 = $ 60,000

and

CoPQ= -$30,000 - $ 40,000 = -$ 70,000

CoPQ values are negative because they are reductions of wate and returns of bad products

then:

COQ= $ 60,000 - $ 70,000

COQ= -$ 10,000

Cross-functional product development teams are suitable for a firm pursuing a ________ strategy. Group of answer choices stuck-in-the-middle cost-leadership confrontation product-differentiation

Answers

Answer: Product-differentiation

Explanation: Product-differentiation strategy is a marketing technique that seeks to differentiate an organization’s commodity or services from the rivalry in business. It includes finding out and relaying of the peculiar characteristics of a business’s donations while bringing out the differences between those donations and others on demand. However, it goes together with improving a strong significance recommendation to make a commodity or service desirable to marked consumers.

Which is not a factor that can cause a change in supply?options:
a. Productivity
b. Technology
c. Business Model
c. Cost of Resources

Answers

Answer:

It is Business Model (C)

Explanation:

Option (A) False. An increase in the productivity of a factor of production will reduce unit cost of production and thereby causes supply to increase.

Option (B) False. Improvements in technology increases the productivity of the company which results in an increase in supply. It also reduces unit cost of production in the long-run.

Option (C) True. This is an internal approach to successful operation of the business. Hence, it shouldn't cause changes in supply

Option (D)False. A change in production costs will affect the quantity that can be supplied.

Answer:

business model is not a factor

Explanation:

According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000. Also, $15,000 was subject to state (5.4%) and federal (0.8%) unemployment taxes. The journal entry to record accrued payroll taxes would include a
A. debit to SUTA Payable of $810
B. debit to SUTA Payable of $18,900
C. credit to SUTA Payable of $810
D. credit to SUTA Payable of $18,900

Answers

Answer: C. credit to SUTA Payable of $810

Explanation:

The SUTA tax is a certain percentage expected of employers to pay to the state so as to provide palliative or benefit to displaced workers.

The state unemployment tax rate = 5.4% = 0.054

Taxable amount = $15,000

Tax fee = SUTA rate × taxable amount

SUTA tax amount = $15,000 × 0.054

SUTA tax fee = $810.

Therefore accrued payroll taxes will be feature a journal entry to credit the State Unemployment Tax payable of $810.

Rebecca is starting a new consulting business for a small, local target market. she has determined the amount for the four methods: percentage of sales $2,000; how much to spare $1,000; competition spending $5,000; and specific results $3,000. how much should she spend?

Answers

I believe that she should spend $ 3000, this is because $3000 is within the range and also for specific results.
$ 5,000 is too high for a start up, high for competition spending and also not within the range. $1000 would not be an appropriate amount to spend, while $2000 is also not within the range and for percentage sales.

David borrows $2,000 from Matthew and gives him a promissory note. Matthew is the __________.A. payee
B. payor
C. maker
D. drawer

Answers

I think the anwser is A.payee

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