Items may be considered free but the only reason companys are able to make the advertisement of free is the opportunity costs. Nothing is free so for companies to be able to have free products budgets and employee pay cuts must be made.
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Answer:
The percentage of variance in the company’s stock explained by the market is lower than that of a typical stock
Explanation:
The percentage of variance in the company’s stock explained by the market is lower than that of a typical stock is the true interpretation
Answer:
The correct answer is option A.
Explanation:
The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7.
StoreAll Inc. manufactures the same product for $3 per bottle and sells it for $7 per bottle.
The store Inc manufacturers is able to produce at a lower cost than the other firms. This implies that it has a competitive advantage in the production of mineral water.
Competitive advantage refers to the conditions that help a firm outperform its competitors.
Answer:
B) Resources
Explanation:
Since Lavender Furniture sold high quality products and had an efficient management, it was able to acquire and manage several assets including a larger plot of land for its facilities, better machinery, more employees and a highly recognized brand name. All of these are valuable resources, most of them are tangible (land, machinery and labor), but they were also able to develop an intangible resource such as a highly recognized brand name which can really be valuable.