Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of?

1 answer:

7 0

Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of competitive advantage.

<h3>What is competitive advantage?</h3>

This is the term that is used to refer to the advantage that people would have over their rivals in a given economy. This tells us of the way that the person would be able to provide the services and the goods that their consumers needs in a way that the consumers would have preference for them.

Hence we can say that the Superior efficiency, quality, innovation, and responsiveness to customers are the four building blocks of competitive advantage.

Read more on competitive advantage here: brainly.com/question/14030554

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Explanation:

Differentiation Formula

$\frac{d}{dx}(x^n)= nx^{n-1}$
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Given that,

A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by

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Again given that,

the rate of changing production is 13 unit per month

i.e $\frac{dx}{dt}=13$

To find the cost per month, we need to find out the value $\frac{dc}{dt}$ when production is changing at the rate 13 units per month and the production is 70 units.