SUSTAINABLE COMPETITIVE ADVANTAGE (SCA) Our hotel is offering the best value price combination. Our also offer reasonable value at lower price for room than our competitors, which means that our clients and customer wouldn’t ever have a reason to look elsewhere. Because the objective is to become the lowest cost producer with the best value. Based on the SCA, create a vision and mission for the hotel with the SCA stated.
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SUSTAINABLE COMPETITIVE ADVANTAGE (SCA)
Our hotel is offering the best value price combination. Our also offer reasonable value at lower price for room than our competitors, which means that our clients and customer wouldn’t ever have a reason to look elsewhere. Because the objective is to become the lowest cost producer with the best value.
Based on the SCA, create a vision and mission for the hotel with the SCA stated.
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- Find the factor for a 32% food cost. Next, price a menu item with a Food Cost (FC) of $7.85.How did CitizenM Hotels create value for their frequent traveler target market without raising costs? Make sure you explain the strategic approach used rather than just describing the activities implemented by the hotel.Explain the trade offs that are involved in deciding on whether to offer a product or service guarantee.
- Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment, Williams estimates the variable costs of each unit produced and sold at $8 and the fixed costs per year at $70,000. If the selling price is set at $13.50, Williams forecasts that first-year sales would increase to 17,000 units. Which pricing strategy ($15.00 or $13.50) would result in the greater total contribution to profits?Suppose that you have a service business such as house painting. Describe how you would use cost-plus pricing in developing an estimate for a potential customer.Identify all the factors on how to screen the proposed solution,viability, and customer requirements? Prepare a simple plan on how to screen the proposed solution,viability, and customer requirements.
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- A company is choosing an outside firm to provide its payroll services. It has chosen four comparative categories of interest: client reviews, financial condition, IT capabilities, and government stability. These categories have been assigned weights of 20%, 10%, 40%, and 30%, respectively. Three potential providers were scored on each of those factors using a scale of 1-10, with a score of 1 meaning worst possible and 10 meaning best possible. Provider A Provider B Provider CClient reviews 2 6 10Financial condition 8 4 2IT capabilities 5 8 2Government stability 3 1 2In reference to the information provided discuss the relevance of the factor rating method in…Discuss non-price issues over which a buyer and seller can reach an agreement, and explain why each issue might be important to the buyer or seller. Please do expand on each and using theory to support answers. (discussion around quality characteristics for an online Grocery shopping service - diagram can be used for this too) thanks3. Suppose that a logistics company is designing its offering for a manufacturer of frozen foods to deliver their products to various retailers. Assume that the logistics company follows differentiation strategy to gain competitive advantage. How would this logistics company design the following aspects of the offering in order to create value for the frozen food manufacturer? (a) Product (b) Service (c) Delivery (d) Advice