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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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An electrical contractor's records during the last five weeks indicate the number of job requests: Week 1 2 3 4 5 Requests 20 22
White raven [17]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
A salesperson should focus his or her sales resources on only one individual in the buying organization.​
madam [21]

A salesperson should focus his or her sales resources on only one individual in the buying organization.

The statement is false.

Top 5 skills for a career in sales:

  • Confidence - maintaining a positive mind-set.
  • Resilience - communicating with conviction.
  • Active listening - expertise in the customers' desires.
  • Rapport building - promoting your personality.
  • Entrepreneurial spirit - chronic self-development.

The essential duty of a salesperson is selling. This responsibility consists of assembling the prospects, offering and demonstrating the goods, inducing the prospects to shop for, taking orders, and effecting income. a salesman needs to manual the customers in buying the products they want.

<em>Your question is incomplete. Please read below to find the missing content.</em>

A salesperson should focus his or her sales resources on only one individual in the buying organization.

True

False

Learn more about salesperson here: brainly.com/question/25743891

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3 0
2 years ago
Which of the following statements correctly describes how accounting helps managers? Select one: a. Accounting provides better w
il63 [147K]

Answer:

The correct answer is letter "B": Accounting centralizes and organizes processes.

Explanation:

Managerial Accounting is internally-based accounting that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes in more general, higher-level financial results of the company.  

One common managerial accounting tool in determining the profit margin in each of the company's products. This information helps managers set product prices and ensure they are making appropriate profit margins.

8 0
3 years ago
Huish Awnings makes custom awnings for homes and businesses. The company uses an activity-based costing system for its overhead
Romashka [77]

Answer and Explanation:

The preparation of the First stage allocation of overhead costs to the activity cost pools  is presented below

Particulars                   Making awnings  Job Support      Other   Total

Production Overhead $67,500           $60,000      $22,500 $150,000

Office Expenses       $8,000           $65,000      $27,000 $100,000

The production overhead is allocated in 45% 40%, 15% and 100%

And,

The office expenses is allocated in 8%, 65%, 27% and 100%

The same is shown above

6 0
3 years ago
1. Read the following scenario and answer the question in 5-10 sentences. You are an expert in the field of advanced laser techn
Greeley [361]

The possible management structures and key terms of any operating agreement that must be considered to form an LLC are related to responsibility sharing, as an LLC is a type of entity owned by its partners.

Some features of the LLC are:

  • Less formality.
  • Tax savings.
  • Flexible management.
  • Simple organizational structure.

Therefore, the LLC is a single hybrid entity, more streamlined than a corporation, with the advantage that this proprietorship has limited liability protection.

Management is also more flexible, with decision-making being possible to be shared among its members, regardless of hierarchy.

It is also important to highlight the taxes, as in an LLC the taxation is simpler, with the losses and gains being reported in the tax returns, which helps to offset the income.

So this is a more streamlined and protected form of partnership that can be managed by a group of members more securely than a corporation.

It has less formal requirements to exist, and in case of bankruptcy or debt, there is greater protection for each member's personal property, as in an LLC the debts and obligations cannot be greater than the initial capital invested in the company.

Learn more here:

brainly.com/question/18567855

3 0
3 years ago
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