A natural monopoly, such as a local electricity provider, is the result of long run average total costs declining continuously as output increases. The correct option among all the options that are given in the question is option "3". The initial cost of power generation and power distribution cost is high. Once the generation starts and the number of consumer increases, the average cost starts declining.
Answer:
can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals
Explanation:
A resource-based strategy is a form of the technique used by business managers to efficiently utilized the existing and valuable resources of the firm. These resources would be difficult to come by for the competitors such that it is hard for competitors to replicate. Thereby leading a sustainable or long term competitive advantage to the firm
Hence, in this case, the correct answer is A resource-based strategy "can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals."
A project manager only focuses on the projects that the business wants to do and complete whereas an operational manager controls the operational side of the business. They should be kept apart because otherwise, their job requirements will get in the way of each other. I hope this helps!
D because if we had the inflation we would know how to solve it but since there is no inflation you can’t solve it
Answer:
The correct answer is<u> territorial.</u>
Explanation:
The territorial sales force occurs in large companies that through the implementation of regional sales office seek to optimize customer visit time processes, reduce travel expenses and increase revenue.
The greatest benefits of this territorial strategy is to reach new customers through personalized targeting that will meet the demand and characteristics of customers in a given geographic region. In addition to optimizing logistics processes, productivity and cost reduction.