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Alinara [238K]
2 years ago
13

A nation's competitiveness depends on the capacity of its industries to ____ and thereby maintain its competitive advantage.

Social Studies
1 answer:
jarptica [38.1K]2 years ago
3 0

A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.

<h3>What is competitive advantage?</h3>
  • A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
  • These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
  • Comparative and differentiated advantages are two types of competitive advantages.
  • A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
  • When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.

To learn more about competitive advantage with the given link

brainly.com/question/15095207

#SPJ4

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The key distinction between risk and uncertainty is a. ​Risk cannot be quantified, priced or traded b. ​Uncertainty is modeled b
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Answer: Option (D).

Explanation: Uncertainty is a condition where there is no knowledge about the future events. The key difference between risk and uncertainty is that uncertainty refers to not knowing possible outcomes or their probabilities while risk can be measured and quantified, through theoretical models. Risk is the potential for uncontrolled loss of something of value while Uncertainty is a potential, unpredictable, and uncontrollable outcome, risk is an aspect of action taken in spite of uncertainty.

6 0
3 years ago
In the context of trait theories, the ________ is defined as a theory of personality that includes the following dimensions: ope
ziro4ka [17]

Answer:

Five-Factor Model of personality

Explanation:

The Five-Factor Model of personality is a model of the structure of personality according to which human personality can be described using five broad dimensions: Extraversion, Agreeableness, Conscientiousness, Neuroticism, and Openness.

The main characteristics of the dimensions are:

  • Extraversion: Outgoing, socially confident behavior. Extroverts are sociable, talkative and enjoy being the center of attention. Introverts are more quiet and prefer to be on their own.
  • Agreeableness: Individuals who score highly on agreeableness are friendly and co-operative, they are trusting of others and are more altruistic and sympathetic. People who score low on this dimension are less concerned with pleasing other people or making friends, they tend to be more suspicious and are less charitable, they are also competitive and stubborn.
  • Conscientiousness: People who are conscientious are more aware of their actions and the consequences of their behavior than people who are unconscientious. They feel a sense of responsibility towards other people and are careful with their duties, they will be concerned about tidiness, punctuality and hard work.  People who score low on this dimension are less careful and are less concerned about tidiness and punctuality.
  • Neuroticism: People with high neuroticism are persistent worriers. They are fearful and often feel anxious, over-thinking their problems focusing on the negative aspects of them. They tend to become frustrated and angry if things don't go as they wish.  People who score low are less preoccupied and are able to remain more calm under stressful situations.
  • Openness: Willingness to try new activities. People with higher levels of openness enjoy artistic and cultural experiences and are more open to unfamiliar cultures and customs, they are imaginative.  People with low levels of openness are wary of uncertainty and the unknown and feel uncomfortable in unfamiliar situations and prefer familiar environments.

Thus, we can see that the Five-Factor model of personality is the theory than includes the dimensions of openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism

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4 years ago
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viva [34]

Answer:

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Explanation: because it looks pretty far away

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