Over time, interest rates tend to rise, the longer you have the money, the more interest there will be.
<span>Governments use administrative trade policies to boost exports and restrict imports.
When the do this, they are helping producers but hurting the consumer. The administrative trade policies are taking away goods that consumers want by not allowing them to purchase or import the item.</span>
An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.
This is further explained below.
<h3>What is
a competitive advantage?</h3>
Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.
In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.
In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.
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Complete Question
management information systems allow managers to build upon an organization’s existing strengths to create
elastic demands.
competitive advantages.
SWOT analyses.
barriers to entry.
1.perfect competition
2.monopolistic competition
3.oligopoly
4.monopoly
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