ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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donuts
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candy
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pizza
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toys
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Detailed explanation-1: -The company started as a baby goods and furniture store called Children’s Bargain Town in Washington, DC. In the subsequent years, Lazarus began expanding into toys and the company officially adopted the name Toys R Us in 1957.
Detailed explanation-2: -What are the firm-specific advantages of Toys “R” Us? The firm-specific advantages (FSAs) of Toys “R” Us include its personnel, technology, equipment, parking lots, size of its inventory, great variety of toys at low price, self-services and HR. What specific cultural and political barriers to entry does it face?
Detailed explanation-3: -Toys Us (founded in 1948) is a toy store. It had its headquarters in Wayne, New Jersey, United States. The company had around 875 Toys “R” Us and Babies “R” Us stores in the United States, more than 600 international stores, and over 140 licensed stores in 35 countries and jurisdictions.
Detailed explanation-4: -Electronics Batteries Cameras & Accessories DVDs Headphones, Speakers & Audio Home Electronics Karaoke & Musical Instruments Robotics Tablets, eReaders & accessories Video Games. Kids Clothes. More items