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sertanlavr [38]
1 year ago
12

For an organization to obtain a competitive advantage through superior innovation, it should?

Business
1 answer:
Marysya12 [62]1 year ago
3 0

For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should  Produce products with technologies that have not been utilized previously.

<h3>What is superior efficiency in competitive advantage?</h3>

Efficiency, quality, innovation, and customer response are the four pillars of competitive advantage. A corporation can charge a greater price and still reduce costs if it is more efficient, produces better quality products, and provides better customer service.

Superior efficiency can only be attained with an organization-wide commitment and the capacity to assure strong coordination between functions. Top management is crucial to this process because of its ability to lead and shape the infrastructure.

An organization's process of reinventing or rethinking its corporate strategy in order to spur business growth, produce value for the firm and its clients, and gain a competitive edge is known as strategic innovation. Organizations need to innovate in this way if they want to keep up with how quickly technology is changing.

A corporation must develop abilities in both basic and applied research, create effective project management procedures, and achieve close integration between its many departments, primarily through the use of cross-functional product development teams, in order to achieve exceptional innovation.

Hence, For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should  Produce products with technologies that have not been utilized previously.

To learn more about superior efficiency refer to:

brainly.com/question/17164509

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What time peropd allows an insured's life insurance policy to remain in force even if the premium was not paid on tje due dates?
Maru [420]

Grace period allows an insured's life insurance policy to remain in force even if the premium was not paid on the due date.

<h3>What is grace period?</h3>

A life insurance policy won't lapse during the grace period even though a payment is past due after a missed insurance premium is due. Every state in the US requires the grace period, a highly helpful provision, to be included in every life insurance policy. Depending on the rules of each state, the minimum grace period is from 28 to 31 days; however, some businesses may grant extended grace periods.

When the required number of days have gone, the grace period formally ends at the close of business on the day the missing premium payment is due. The grace period in a whole life, universal life, or variable universal life policy would only be applicable if the premium payment was past due and there was no cash value left in the policy. It is unlikely that a policy will enter "grace period status" if a premium payment is missed if cash value is still present as long as it may be utilised to pay the premium or at the very least draw a loan to pay the premium.

To learn more about grace period, visit:

brainly.com/question/27961437

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7 0
2 years ago
What's the importance of customer satisfaction
alexira [117]
If customers are statisfied, they will return and tell others if they are impressed by your services...^^
4 0
3 years ago
Read 2 more answers
Front range cabinet distributors in colorado springs, colorado, sells to its contractors with a 42% markup on cost. if the selli
Katena32 [7]

This is a simple algebra problem.

To determine price, you need to Have the cost of the product plus the markup equals the sales price.

We know the sales price and the markup, so we need to solve for the cost.

9,655= 1.42(x)

X=9,655/1.42

4 0
3 years ago
Read 2 more answers
Henry Carr and Noreen Mason formed a partnership, dividing income as follows: annual salary allowance to Carr of $40,000; intere
beks73 [17]

Answer:

$192,000

Explanation:

Henry Carr and Noreen Mason formed a partnership, dividing income as follows:

1. Annual salary allowance to Carr of $40,000;

2. Interest of 8% on each partner's capital balance on January 1;

3. Any remaining net income is divided equally.

Carr and Mason had $60,000 and $140,000 in their January 1 capital balances, respectively.

Net income for the year was $440,000.

<em>Total Net Income = 440,000</em>

<em>less:Annual salary allowance to Carr of ($40,000)</em>

<em>less:Interest of 8% on each partner's capital: 8% x ($60,000 + $140,000) which is (16000)</em>

<em>Balance to be divided among partners = 384,000</em>

<em>Net income to be distributed to Car = $192,000</em>

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6 0
3 years ago
What do you think would happen if all deposits of a bank requested their deposits at the same time what is done to keep this fro
Lady bird [3.3K]

Answer:

вровллчатвьчдвышгренугулыьььяираладщала

Explanation:

овоаииалулвпеараовлшаоолоры

8 0
3 years ago
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