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ElenaW [278]
2 years ago
10

A company's ability to achieve and maintain a unique and valuable competitive position both within a nation and globally, genera

ting higher rates of profit than its competitors, is known as
Business
1 answer:
slega [8]2 years ago
5 0

It is known as competitive advantage.

Competitive advantage refers to factors that allow a company to produce goods or services more efficiently or at a lower cost than competitors. These components allow the manufacturing unit to generate more sales or profits than its competitors in the market.

It is the favorable position that a firm seeks in order to outperform its competition.

Competitive advantages are classified into two types: comparative advantages and differentiated advantages.

A company's comparative advantage is its ability to manufacture something more effectively than a rival, resulting in larger profit margins.

A differential advantage occurs when a company's goods are seen to be both distinctive and of greater quality than those of a rival.

To know more about competitive advantage click here:

brainly.com/question/17189107

#SPJ4

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Using a single plantwide rate from question 25, the factory overhead allocated per unit of Product A in the Painting Department
fiasKO [112]

Answer:

a. $236.32 per unit

Explanation:

The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"

A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77

The total hours required to produce a product = 20 hours in painting + 20 hours in finishing

The total hours required to produce a product = 40 hours

Overhead per product = Overhead rate per hour * The total hours required to produce a product

Overhead per product = $590.8

The DLH required for a product A in painting department = 16 DLH

. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit

8 0
2 years ago
Loren files a suit against Mabel, alleging a failure to pay for the harvest of Mabel's orchards. Mabel denies Loren's charge and
True [87]

Answer: COUNTERCLAIM

Explanation: Counterclaim is a term mainly used in legal matters,to refer to claim allegedly made by a defendant against the claims of an apellant. The issues concerning Loren and Mabel is a case of Counterclaim.

Counterclaim puts both persons involved in the suit in the same level,as the Court will have to review both claims and determine who is at fault or guilty and the level of Compensation required by either or both of the parties.

4 0
3 years ago
Read 2 more answers
Caleb is driving a car in which dona is a passenger when an accident occurs. caleb and dona are emotionally rattled, but neither
SOVA2 [1]
<span>Caleb is not liable to Dona because she wasn't injured. The negligence theory is a theory whereby plaintiffs claim damages on the negligence caused by others. Dona wasn't physically injured; she can file a claim if she suffered physical injury, but emotional trauma is not injury in the purest sense.</span>
4 0
3 years ago
sadiya, who owns a dance studio, consistently reminds her employees that dance lessons are a luxury for customers, so they shoul
Kitty [74]

When Sadiya makes statements to her employees about the characteristics of dance classes, which should be informative and fun, she is explicitly stating values ​​and norms preferred by her organization.

As the owner of the dance studio, she manages and coordinates her collaborators for the institution of organizational culture focused on the studio's vision, mission and values.

An organization focused on offering a differentiated and quality service to the customer will increase its value, positioning and competitiveness.

Therefore, through her services, Sadiya aims to generate value to her customers through informative and fun dance classes, increasing the loyalty and success of her business.

Learn more here:

brainly.com/question/10770331

5 0
2 years ago
Olivia+invests+$6,000+in+an+account+at+the+beginning+of+each+year+for+6+years.+if+she+earns+12%+per+year+on+her+investment,+what
Gekata [30.6K]

The equivalent present value of her investment is $71,057.62

Investment is an asset or object acquired with the aim of generating profits or appreciation. Appreciation refers to a boom in the value of an asset over time. when a man or woman purchases a good as funding, the purpose isn't to devour the best but as an alternative to applying it within the future to create wealth.

An investment is an effective manner to place your money to work and probably construct wealth. smart making an investment may also permit your money to outpace inflation and boom in price. The more boom ability to invest is more often than not because of the energy of compounding and the threat-go back tradeoff.

total investment for six-year = $6,000 × 6

                                                  = $36,000  

rate of interest = 12%

First, convert R as a percent to r as a decimal

r = R/100

r = 12/100

r = 0.12 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

 = 36,000.00(1 + 0.12/1)(1)(6)

 = 36,000.00(1 + 0.12)(6)

 = $71,057.62

The equivalent present value of her investment is $71,057.62

Disclaimer:- The correct format of the question is given below.

Olivia invests $6,000 in an account+at the beginning of each year for 6 years. if she earns 12% per year on her investment, what is the equivalent present value of her investment?

Learn more about investment here:-brainly.com/question/25300925

#SPJ4

4 0
10 months ago
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