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Lisa [10]
1 year ago
10

management information systems allow managers to build upon an organization’s existing strengths to create

Business
1 answer:
My name is Ann [436]1 year ago
6 0

An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.

This is further explained below.

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

Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.

In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.

In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.

Read more about  competitive advantage

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Complete Question

management information systems allow managers to build upon an organization’s existing strengths to create

elastic demands.

competitive advantages.

SWOT analyses.

barriers to entry.

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3 years ago
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Answer: Costs of items used up this period but paid for next period

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Period Expenses for the period are transactions that should be expensed because they were used in the current period.

Therefore if a period cost is not used in the period, it is not considered a period cost even if the company pays for it in the current period which also means that if a period cost for the period is not paid in the current period but in the next one, it is still a period cost for the current period.

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The land purchased might look like the obvious choice but it is not because Assets are capitalised and not expensed.

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