All categories

2 years ago

a product possesses a competitive advantage when it enjoys a superior position over competing products because

Business

1 answer:

Lana71 [14]2 years ago

8 0

Compared to other products in its category, consumers think it is more valuable.

<h3>What does a competing product entail and Types of competitive products?</h3>

The items and services that your target market could prefer over yours are called competitive products. By comparing a competing product's characteristics and solutions to your own, you may determine which one it is.

Competitive goods might include:

Clothing and toys are examples of tangible goods.

Streaming media apps, online courses, and ebooks are examples of digital goods.

Live events, such as gatherings, shows, and festivals.

Consultative, coaching, and design services are examples of professional services.

Types of competitive products:

Direct competitive products.

Indirect competitive products.

Replacement competitive products.

To know more about competitive products visit:

brainly.com/question/27302605

#SPJ4

You might be interested in

Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent. Oscar pays hi

AfilCa [17]

Answer:

The Oscar's fixed costs per month is $2,500

Explanation:

Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.

In the given question,

Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost

The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.

And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.

Hence, Oscar's fixed costs per month is $2,500

6 0

3 years ago

The doctrine that makes a defendant liable even if the defendant is without fault is called...

Elanso [62]

<span>C: strict liability

I hope this helped ya :)</span>

4 0

3 years ago

Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc

kicyunya [14]

Answer:

a) The expected return of equally weighed portfolio is 14.23%

b) The expected return of equally weighed portfolio is 16.45%, hence Variance = 1.596457%

Explanation:

See workings of a and b attached in a form of spreadsheet.

7 0

3 years ago

The goal of strategy is to find a(n) ________ that is so well suited to the firm's competitive advantages that other organizatio

kolbaska11 [484]

Answer:

The correct answer is letter "C": propitious niche.

Explanation:

Companies develop strategies to set the steps necessary to accomplish an objective. One of those steps involves finding the firm's propitious niche which is no more than its target market. It determines what the company should do based on the best competitive advantage the firm will have in that market that will differentiate the company from competitors and will help the firm to establish in the market.

8 0

3 years ago

Read 2 more answers

PLEASE HURRY!!!!!!

nexus9112 [7]

If Jamie would like to compare one savings account to

another savings account, and that he compares the amount of the interest he

will earn in one year in each account, it is likely that he is demonstrating

the annual percentage yield. This is where the annual rate return exist in

which the effect of copound interest is being taken into account.

hope this helps

5 0

3 years ago

Read 2 more answers