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Usimov [2.4K]
2 years ago
5

A company’s resources are competitive assets that are owned or controlled by the company and include

Business
1 answer:
MakcuM [25]2 years ago
7 0

A company's resources are competitive assets that are owned or controlled by the company and they include: E. all of these choices are correct.

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

Competitive advantage can be defined as the factors, assets, conditions, or circumstances that allow a business firm (company) to manufacture finished goods or services better and perhaps, cheaper than other rival business firms (companies) operating within the same industry.

In Business management, some examples of competitive assets that are owned or controlled by a business firm (company) include the following:

  • Price leadership.
  • Access to scarce natural resources.
  • Financial resources such as credit rating and borrowing capacity.
  • Tangible resources such as distribution centers, sites, and manufacturing equipment.
  • Intangible assets including buyer loyalty, strong brand awareness and brand recognition.
  • Results-oriented culture.
  • Highly skilled labor.
  • Access to new or proprietary technology.

In this context, we can reasonably infer and logically deduce that competitive assets are resources owned or controlled by the company and they are very essential for business growth and development.

Read more on competitive advantage here: brainly.com/question/26514848

#SPJ1

Complete Question:

A company's resources are competitive assets that are owned or controlled by the company and include:

A. financial resources such as a company's credit rating and borrowing capacity.

B. tangible resources such as plants, distribution centers, and manufacturing equipment.

C. intangible assets such as brand recognition and buyer loyalty.

D. intangible assets such as having a results-oriented culture.

E. All of these choices are correct.

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The U.S. GAAP lower of cost or market rule for inventories may be applied to total inventory, to groups of similar items, or to
Aliun [14]

The inventory has to be recorded separately to each item and this will generally result in the lowest inventory amount.

<u>Explanation:</u>

LCM- the Lower of Cost which is also called as Market rule is the theory for valuating the inventory in accounting. According to the LCM rule, in a business the cost of inventory must be recorded at lower cost (it can be either the current market price or the original cost)

Reason for recording at lower cost:

Aggregating the items results in the incorporation of some items at amounts greater than LCM.

Example:

If product X (cost = 2 dollars, market = 1 dollar) and product Y (cost = 3 dollars, market = 4 dollars) are aggregated for LCM, the inventory measurement will be 5 dollars. If the rule is applied separately to both the products, the LCM measurement will be 4 dollars.

8 0
3 years ago
A _____ typically provides information so that an organization can make a decision about a product, procedure, or policy.
saw5 [17]

Answer:

A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.

7 0
2 years ago
HELPPPPP
Rashid [163]

Answer:

Yes, that sounds about right

Explanation:

Till the age of retirement, a person's mostly expenses are finished, like growing his children, educate them, get them married, etc. He is left with only few expenses like running the house or meet his personal expenses. So the Social Security and some regular savings would be enough for him to lead a respectable life in the society. Also, his children are settled enough to fulfill his expenses at this point of his life. So there is no necessity to invest in a retirement plan that pays you 80% of your regular income. Social security and savings would be enough for the person.

4 0
2 years ago
During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred
solong [7]

Answer:

c. $6.03

Explanation:

<u>Earnings available to common shareholders</u>

Net Income                                                             $6,000,000

Less: Preference dividend                                     <u>$200,000   </u>

Net Income available to common shareholders  <u>$5,800,000</u>

<u />

Number of Common shares = 950,000

Equivalent common shares for convertible 5% Bonds = 10,450. [Number of bonds = 2,100,000/1,000 = 2,100 shares. Equivalent common shares = 2,100 * 5 = 10,500 shares]

Weighted average number of common shares outstanding = 950,000 + 10,500 = 960,500

Earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Earnings per share = $5,800,000 / 960,500

Earnings per share = 6.038521603331598

Earnings per share = $6.04

8 0
3 years ago
Processing clerks work in what?
AveGali [126]
Processing clerks work in Warehouses
Your answer is D.

They usually regulate incoming and outgoing packages <span />
6 0
3 years ago
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