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SLPL Limited Adheres to a Strategy That Allows Managers to Focus

question 92

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SLPL Limited adheres to a strategy that allows managers to focus on core competencies or the activities that are most likely to yield competitive advantage.In doing so,SLPL outsources most of the activities in its value chain to other companies,retaining just a few elements.From the above example,it can be concluded that SLPL has a ________ structure.


Definitions:

Deadweight Loss

The inefficiency caused in a market where all potential gains from trade are not realized due to factors like taxes or subsidies.

Per-Unit Tax

A tax imposed on a product on a per unit basis, raising the cost of production or sale for that product.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the incremental rate applied to income in the highest tax bracket.

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (income, expenditure, or asset), represented as a percentage.

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