something that is present but no longer used by an organism such as a tailbone or appendix in humans
Answer:
they will inevitably fall behind other competitors seeking out innovations.
Explanation:
Innovation typically involves the creation of a new product of any category such as automobile, building, phones, electronics, etc., that generates money for the innovators or manufacturers through purchase made by the end users (consumers).
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
Hence, market competition may sometimes encourage a firm to innovate out of fear because of the perception that they will inevitably fall behind other competitors in the same industry who are seeking out innovations.
Answer:
The statement is: True.
Explanation:
Perfectly competitive markets are theoretical markets characterized by having many buyers and sellers, where products are homogeneous, having easy conditions for entry or exit of new firms, and where producers are price-takers because the price is determined by supply and demand.
In such a scenario, <em>companies could not set different prices such as in a price discrimination approach because consumers would rather go to the competition.</em>
Answer: Freedom of religion
Explanation: In simple words, religious rights or freedom of religion are the laws protected by the first amendment of the US constitution which secures the position to its citizens for following their religion.
In the given case, Ms William has the right to exercise religion but the company made some hurdles for her to do so.
Hence we can conclude that the rights of freedom of religion has been violated.
Answer:
a. capability
Explanation:
Rumpelstiltskin, an imp in a Grimm Brothers fairy tale, could spin straw into gold. We would call this a capability.
