Trends Inc. has been awarded the best branded clothing company award for three years consecutively. The CEO of the company stated that this was possible due to the company strategically lowering the cost of each unit produced, and successfully maintaining that method in order to effectively contain finances. While comparing Trends with other similar production companies, it was found out that the company did certainly collect more profit than the others. The scenario best illustrates the:A. acquisition strategy.
B. investment strategy.
C. pricing strategy.
D. cost-management strategy.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Trends Inc. has been awarded the best branded clothing company award for three years consecutively. The CEO of the company stated that this ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Suppose that the U. S. undertakes a policy to increase its saving rate. This policy will likely a. have no impact on the growth rate of real GDP per person. b. decrease the growth of real GDP per person for a few years. c.
Answers (1)
On July 1, Year 1, a company paid $48,000 for 24 months of advance rent on its warehouse. Assuming the company has a December year end, what would be the amount of rent expense in Year 1 under cash basis versus accrual accounting? a.
Answers (1)
Molly and steve are married and live in texas. molly earns a salary of $50,000 and steve owns a rental property that gives him $35,000 of income. if they filed separate tax returns, what amount of income would steve report?
Answers (1)
Lindsay believed that customers would come to view her new resort hotel with high personal involvement because it was a quality property with an excellent view.
Answers (1)
Taylor bank lends guarantee company $150,000 on january 1. guarantee company signs a $150,000, 8%, 9-month note. the entry made by guarantee company on january 1 to record the proceeds and issuance of the note is
Answers (1)
New Questions in Business
What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places.
Answers (2)
When the market fails to adjust for the full costs of a firm's behavior, this is called?
Answers (1)
What is the basic formula of the malthus theorem?
Answers (1)
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition new ways of pleasing customers taking advantage of economies of scale regulatory
Answers (1)
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $480,000, and direct labor costs to be $240,000.
Answers (1)