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Usimov [2.4K]
1 year ago
5

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

Business
1 answer:
MakcuM [25]1 year 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

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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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Janna owns a jewelry shop that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace th
Paladinen [302]

Answer:

Piece rate system

Explanation:

The piece rate system is the system in which the price is paid according to the units make or produced

Since in the question it is mentioned that the Janna sells handmade jewellery and her employees would paid a specific amount for each bracelet and necklace they developed irrespective of the time it takes so this represents the piece rate system

So the same is to be considered

7 0
2 years ago
Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8
Alisiya [41]

Answer:

$35,010,000

Explanation:

Calculation for the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project

Cash flow = $11.4 million + $22.6 million + $1,010,000

Cash flow = $35,010,000

Therefore the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project is $35,010,000

4 0
3 years ago
Some fast-food restaurants offer tasty and convenient food at affordable prices, but in doing so they contribute to a national o
Andrej [43]

Answer:

b. societal marketing concept

Explanation:

Societal marketing concept -

It refers to the marketing concept in the society , where the welfare of the human beings is considered to as the most important aspect .

In this practice , the social responsibility like any health issue , social issue is the top most priority .

The practice require making good marketing decision which are in favour of the consumers , and helps the company and the humans in the long term way .

Hence , from the given scenario of the question ,

The correct answer is b. societal marketing concept  .

8 0
3 years ago
What is the best definition of global trade?
True [87]

Answer:

fourth option

Explanation:

global trade is worldwide

it is the 4th option

5 0
3 years ago
If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be:________
sammy [17]

If a company uses $1,510 of its cash to purchase supplies, the effect on the accounting equation would be One asset increases $1,510 and another asset decreases $1,510, causing no effect.

The relationship between an entity's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone for double-entry bookkeeping. The total debits and total credit for each transaction are equal.

There are three possible arrangements for the accounting equation:  

  • Assets = Liabilities + Owner's Capital - Owner's Drawings + Revenues - Expenses.
  • Owner's equity = Assets - Liabilities.
  • Net Worth = Assets - Liabilities.

The accounting equation makes sure that every entry in the books and records is verified and that each obligation (or expense) and its associated source, or each item of revenue (or asset) and its source, can be independently verified.

To know more about accounting equations refer to: brainly.com/question/14689492

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6 0
2 years ago
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