All categories

2 years ago

A _________ must provide the new business with the opportunity to make money in excess of the competition.

1 answer:

8 0

A <u>competitive advantage </u>must provide the new business with the opportunity to make money in excess of the competition.

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

Competitive advantage refers to the factors that allow a company to produce goods or services better or at a lower cost than its competitors. These factors allow the production unit to generate more revenue or higher profit margins than its competitors in the market. Competitive advantage is due to many factors including cost structure, brand image, product quality provided, distribution network, intellectual property and customer service.

Competitive advantage is what makes an entity's products or services more attractive to customers than any other competitor.

Competitive advantage can be divided into comparative advantage and differential advantage.

To learn more about competitive advantage from given link

brainly.com/question/26514848

#SPJ4

You might be interested in

Suppose a consumer has an income of $16, the price of a is $2, and the price of b is $1. which combination is on the consumer's

Crazy boy [7]

The combination is on the consumer's budget line. is Option B. 5A and 6B.

The budget line is a graphical delineation of all possible mixtures of the 2 commodities that can be bought with provided profits and price in order that the charge of each of these combos is equal to the financial income of the patron.

In economics, a budget line constraint represents all of the mixtures of products and services that a customer may also buy given modern-day expenses within his or her given earnings. consumer idea makes use of the principles of a budget constraint and a desire map as equipment to observe the parameters of purchaser choices.

A consumer has an income = of $16

A = $2

B = $1

The sum of the total will be less than $16

Hence. option B 5A and 6B.

Learn more about the budget line here:-brainly.com/question/14524034

#SPJ4

Disclaimer: your question is incomplete, please see below for the complete question.

A. 6A and 5B

B. 5A and 6B.

C. 5A and 5B

D. 4A and 6 B

5 0

2 years ago

To stay ahead of the competition, organizations have turned to _____________, using information systems to gather and analyze

Anni [7]

Answer: Business intelligence

Explanation: Business intelligence involves the use of analytic methods and technologies to process business information in order to get more positive results from a business.

The information used to carry out this process of analysis can be gotten from within the business or sourced from outside, depending on what needs to be checked.

8 0

3 years ago

A financial organization commonly has employees switch duty responsibilities every six months. What security principle are they

Andrew [12]

Answer: They are applying a task separation policy that indicates that employees must change their roles regularly

Explanation: This change management helps to reduce the planned interruptions of the changes, so that everyone learns all the tasks and in case of a resignation, have the solution to fill the position and train new employees.

8 0

3 years ago

All other things the same, if a company uses long-term debt to purchase land to develop in the future, the company's return on t

nignag [31]

I think the answer is True... correct me if I’m wrong

4 0

3 years ago

Give at least two (2) relevance of entrepreneurship to SHS Students, elaborate your answer by giving example that will relate in

stiv31 [10]

Two relevance of entrepreneurship to Students include:

Teaches them life skills.
Gives them options after leaving school

<h3>What is the relevance of entrepreneurship to students?</h3>

Students should be taught entrepreneurship skills because it can teach them some important skills in life such as problem-solving and creative thinking.

It would also give them an extra avenue to earn an income while still in school and when they leave school.

Find out more on the benefits of entrepreneurship at brainly.com/question/18294953

#SPJ1

6 0

2 years ago