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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

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On December 31, there were 46 units remaining in ending inventory. These 46 units consisted of 6 from January, 8 from February,

Tresset [83]

Answer:

$6,734

Explanation:

On December 31, there were 46 units remaining in ending inventory.

These 46 units consisted of

6 from January x $123 = 738

8 from February x $133 = 1064

10 from May x $143 = 1430

8 from September x $153 = 1224

14 from November x $163 = 2282

Using the specific identification method, the cost of the ending inventory is: 734 + 1064 + 1430 + 1224 + 2282 = $6734

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2 years ago

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XYZ Company makes 400 widgets. The variable costs are $35.60 per unit and fixed costs are $30.00 per unit; however, $21.40 in fi

Anuta_ua [19.1K]

Answer:

increase in income of $80

Explanation:

Prepare an Analysis of Costs and Savings if the Company buys from Outside Supplier.

Note : The fixed costs per unit at are unavoidable are irrelevant and disregarded in this decision.

<u>Analysis of Costs and Savings</u>

Purchase Price (400 widgets × $44.00) = ($17,600)

Savings :

Variable Costs ($35.60 × 400 widgets) = $14,240

Fixed Cost ( $8.60 × 400 widgets) = $3,440

Net Income effect = $80

Conclusion :

The effect on net income if the company instead buys the widgets is an increase in income of $80

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3 years ago

Corporate social responsibility describes the firm's:

goldenfox [79]

Answer:

2. concern for the welfare of society.

Explanation:

Corporate social responsibility refers to a concept that helps a company to take into account environment and social concerns in the business activities to make valuable contributions to society. According to this, the answer is that corporate social responsability describes the firm's concern for the welfare of society.

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3 years ago

What is the equation for Student Loan Payments? ( Economics and Finances)

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Answer:

p= r(PV)

---------

1-(1+)^-n

p=Payment

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n=number of periods

Explanation:

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2 years ago

Dante is the owner of HomeThings, a shop that sells home goods. He just launched a Local Catalog ad campaign. Where are two plac

aleksandrvk [35]

On roadside signs in high-traffic areas.

In the results of a Google-powered search on a desktop computer.

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