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Sunny_sXe [5.5K]
2 years ago
14

This first-mover advantage occurs when a company can significantly _______ its market share by being first with a new competitiv

e advantage.
Business
1 answer:
horrorfan [7]2 years ago
8 0

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

<h3>What are the important competitive advantage?</h3>

Competitive advantage will give a market an edge over another market.

This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.

Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.

Learn more on competitive advantage below

brainly.com/question/14486110

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Building Big Box is a home improvement store based in Kansas and has been responsible for introducing some of the most innovativ
baherus [9]

Answer:

The correct answer is letter "C": Finance.

Explanation:

A company's Financial Department is in charge of <em>controlling the inflows and outflows of cash </em>within an association. Finance is responsible for approving budgets based on the information provided by the accounting department. Those two divisions are in charge of reporting the financial statements of the firm.

4 0
3 years ago
Elaine serves as a consultant about human resource matters to various areas of the business at her company. She works closely wi
victus00 [196]

Answer:

The correct answer is letter "B": human resource manager.

Explanation:

Human Resource (HR) Managers are executives involved in all the processes of a company where it is needed to deal with employees and concerns. HR managers are the support of other businesses to implement strategies on how to administrate their labor force. HR managers are seen as the links between workers at all levels and high-rank executives.

7 0
3 years ago
Suppose France can produce 9,000 potatoes or 3,000 lemons per day, and that Italy can produce 3,000 potatoes or 3,000 lemons per
S_A_V [24]

Answer:

a. Italy has a comparative advantage in producing potatoes

Explanation:

Let us compute opportunity costs (OC).

In France,

OC of potato = 3000/9000

                      = 0.33 lemon

OC of lemon = 9000/3000

                      = 3 potato

In Italy,

OC of potato = 3000/3000

                      = 1 lemon

OC of lemon = 3000/3000

                     = 1 potato

France can produce potato at a lower OC than Italy, so France has comparative advantage in potato. Italy has a comparative advantage in producing lemons.

Trade is mutually beneficial if terms of trade (relative price) lies between the OC.

0.33 < Relative price of potato < 1 lemon, Or

1 potato < Relative price of lemon < 3 potato

Therefore, Italy has a comparative advantage in producing potatoes.

6 0
3 years ago
A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned
NikAS [45]

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to : Purchase

<h3>What is Purchase Discount?</h3>

Purchase discount is deducted to the total purchases when computing for the net purchases. This account has a normal balance of credit and decreases the total amount of cost of goods sold.

<h3>What is Analytical procedures ?</h3>

Analytical procedures refer to study of significant ratios and past trends and investigating unusual fluctuations.

Under analytical review procedures, an auditor compares financial information of the current period with those of the previous periods, applying techniques of ratio analysis and investigating the causes of unusual fluctuations and deviations.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to:

a. accounts payable

b. notes payable

c. purchases

d. sales discounts

Learn more about Analytical procedures on:

brainly.com/question/16370850

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8 0
2 years ago
Assume that you are a human resource manager of a 5-star international resort chain operating in
Amiraneli [1.4K]

Answer:

g this is because your a illigabe lgoverner

Explanation:

im not sure

4 0
3 years ago
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