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soldi70 [24.7K]
2 years ago
8

After Josh bought his first pair of Nike basketball shoes he was pleased that he did. He likes how the shoes provide support and

the way they fit. Even though there are many brands to choose from, Josh is convinced that no other shoes compare to Nike. In terms of brand equity, this exemplifies the fact that Blank______.
Business
1 answer:
erastovalidia [21]2 years ago
8 0

The given scenario shows a very good example that brand equity increases a firm's ability to gain a competitive advantage

<h3>
What is Competitive Advantage?</h3>

This refers to the condition that puts a particular company in a favorable position over its competitors.

Hence, we can see that based on the competitive advantage that Nike as a company has, Josh believes that they are better than others and this shows that brand equity increases a firm's ability to gain a competitive advantage.

Read more about competitive advantage here:

brainly.com/question/26514848

#SPJ1

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You decide to spend some time visiting the store and talking with both the manager and the employees to get a feel for what the
saul85 [17]

Shandra is very direct <u>responsive.</u>

<u>Explanation:</u>

To get to know what the organisation or the business is going through, what problems it has to deal with, what are the causes of the poor results that have been shown by the organisation, it would be best if the employees working in the organisation or in the business are asked questions about.

The employees should be asked to be as much responsive as possible so that problems can be brought up and they can be solved as soon as the possible by finding the best solution possible.

6 0
3 years ago
Bishop, Inc., is obligated to pay its creditors $8,900 during the year. a.What is the market value of the shareholders' equity i
Contact [7]

Answer:

The answer is $1,500

Explanation:

Accounting equation can be stated as follows:

Equity = Asset - Liability

Asset = Equity + Liability

Liability = Asset - Equity.

What a firm is obligated to pay its creditors is known as a liability and its value in the question is $8,900

The assets owned by the company totalled $10,400

Now to find market value of the shareholders' equity, we use:

Equity = Asset - Liability

$10,400 - $8,900

= $1,500

7 0
3 years ago
Carey is a waiter at a restaurant that pays a small hourly amount plus tips. Customers are not required to tip the waiter. Carey
Nina [5.8K]

Answer:

Yes, she is required to include her tips in gross income.

Explanation:

Yes, Carey is required to include her tips in gross income. She is required to include both her small hourly amount and her tips, declaring both as a total sum amount. Even though the customer has no obligation to pay any tip of any kind to Carey, any tip she receives will count as compensation for services, as the tips are payments for her service to the customer.  

4 0
3 years ago
Suppose the price level and value of the U.S. Dollar in year 1 are 1 and $1, respectively. Instructions: Round your answers to 2
Nookie1986 [14]

Answer:

0.74

Explanation:

Data provided  in the question

Price level = 1.35

According to the given situation, the computation of the new value of the dollar is shown below:-

The New value of the dollar = 1 ÷ Price level

= 1 ÷ 1.35

= 0.74074

or

= 0.74

Therefore for computing the new value of the dollar we simply applied the above formula.

3 0
3 years ago
Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product Best. Labor costs wil
kkurt [141]
The answer with me d
8 0
1 year ago
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