Business, 22.01.2020 01:31 hanjonez

Silver screen cinemas inc. and digi now inc. are two companies that own and run movie theaters in malls and other commercial areas. while silver screen cinemas inc. pursues a cost-leadership strategy, digi now inc. adopts a differentiation strategy. which of the following statements is most likely true of this scenario?
a. silver screen cinemas will charge a premium price for its customers, while digi now will implement everyday low pricing.
b. digi now and silver screen cinemas will not be direct competitors to each other, and their customer segments will overlap very little.
c. digi now will keep its customer service at an acceptable level, while silver screen cinemas will provide superior customer service.
d. silver screen cinemas and digi now will use a similar approach to create value for customers by attempting to offer everything to everyone.

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Answer from: emilyplays474

Option B is correct.

Explanation:

The option A is incorrect because Silver screen cinemas are competing on prices which shows that it will charge lower prices than the supplier who is offering differentiated products and is in similar line of business.

Option B is correct because though both of these companies are in similar type of industry but their customer segments are different from each other. Digi Now Inc. is offering services to upper class whereas the Silver Screen Cinemas Inc. is offering to people who have lower purchasing power.

Option C is incorrect because Digi Now Inc. is offering services to upper class, which means it will charge higher prices for superior customer services. Silver Screen Cinemas Inc. will charge lower prices for lower level of customer services.

Option D is incorrect because one is competing on quality whereas the other is competing on cost. So it is impossible for the one who is competing on cost to offer everything to everyone.

Answer from: Quest

agriculture and oil. natural resources, industry.

Answer from: Quest

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

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