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1 year ago

Michael porter says that companies gain a competitive advantage by giving customers __________.

Business

1 answer:

Delicious77 [7]1 year ago

8 0

That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation

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

A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.

The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical technique is credited to Albert Humphrey at the Stanford Research Institute. Porter's Five Forces is an alternative model that helps businesses understand their position within a competitive landscape.

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Do some research on mergers and acquisitions. What were the five largest mergers– acquisitions last year? Make a list of the par

viktelen [127]

Answer:

Mergers and Acquisitions in 2019:

1. The five largest mergers-acquisitions in 2019:

Acquirer and Partner

a. BB&T and SunTrust

b. Schwab and TD Ameritrade

c. Raythem and UTC

d. Newmont and Goldcorp

e. Salesforce and Tableau Software

2. Reasons for the M&A:

a. BB&T and SunTrust - to cut cost

b. Schwab and TD Ameritrade - to save money

c. Raythem and UTC - to become largest defence company

d. Newmont and Goldcorp - to acquire competitive advantage

e. Salesforce and Tableau Software - to boost revenue

3. Some of the M&A transactions do not make any strategic sense. For example, now that Raythem and UTC combined want to form the largest defense company, do they add much to their stockholders returns? Some others acquired to cut cost will experience the huge costs of acquisition, which are, most times, too large to be written off in a single year.

Explanation:

Major financial transactions done at the corporate level for the purpose of consolidating the assets of two or more companies, growing market share, and eliminating competition are called Mergers and Acquisitions (M&A). Consolidation of companies may be achieved through mergers, acquisitions, assets purchase, management acquisitions, etc.

4 0

2 years ago

What peripherals would you need to host a video conference?

Leto [7]

The answer would be C. Webcam, Speakers, and microphone.

5 0

2 years ago

Read 2 more answers

The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher c

natima [27]

Answer:

Given these facts, which state would you expect the price of prostitution services to be higher? Why?

Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.

Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.

7 0

2 years ago

A business process consists of one or moreâ _______, many of which are supported by information systems.

Pani-rosa [81]

The answer is A operations

6 0

3 years ago

Outlines give you a chance to organize your thinking before determining word choice and sentence structure.

Tresset [83]

Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

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3 years ago