All categories

2 years ago

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

1 answer:

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.

You might be interested in

To settle the dispute, you need to ensure that both owners understand the primary differences between consumer transactions and

ASHA 777 [7]

Answer:

Demand for business goods tends to be me more inelastic than demand for consumer goods

Explanation:

Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

Elasticity is associated with tastes and the immediate need for consumption by the economic agent. For example, medicines have a more inelastic (less price sensitive) demand because they are essential items. However, in most cases, consumer transactions are opnative for consumers. However, in the case of business transactions, there is usually a need to demand good even though the price is high. As a result, the demand for business transactions is often more inelastic than the demand from ordinary consumers.

For example, imagine the airline ticket market. A consumer travels for leisure and an executive travels for work. If the ticket is expensive, the consumer may give up the trip. This means your demand for travel is elastic (price sensitive). However, the executive has little room to give up business travel and tends to travel even if the price is higher. Therefore, business transactions are more inelastic.

7 0

3 years ago

Which term refers to a value in a table that is a reference to the unique values in a corresponding table in a relational databa

Ierofanga [76]

Answer:

it's refrence

Explanation:

8 0

3 years ago

Read 2 more answers

Chen runs a consulting firm that provides strategies to companies that are into space exploration. What type of business does Ch

vekshin1

Because it proved legal aids it would be service

3 0

3 years ago

Yield management pricing is ______. Multiple choice question. setting a price a few cents or a few dollars below an even number

charle [14.2K]

Answer:

a complex approach that continually matches demand and supply to customize the price for a service.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

One of the importance associated with the pricing of products is that, it improves the image of a business firm.

Yield management pricing is a complex approach that continually matches demand and supply to customize the price for a service. It is commonly used by businesses that are typically involved in tourism, hospitality, and airline services.

8 0

3 years ago

Which of the following would be entitled to unemployment compensation? a. Jan, who quit her job to attend school full time. b. J

stira [4]

Answer:

B. Jack, who was fired for being tardy for work too often.

Explanation:

Unemployment compensation also known as Unemployment benefit or unemployment insurance is a benefit being arranged by the state government to pay unemployed workers who have lost their jobs due to mass layoff, individual layoff or retrenchment. The main objectives of this benefit is to provide income for the jobless person till they are gainfully employed in another corporation, government organisation or Private institution.

From the Question, Individual from answer A, C and D did not lost their job but rather resign intentionally, they are not qualify to have access to Unemployment compensation, although another class of compensation may be arrange to cater for their joblessness by the state.

5 0

3 years ago