A <u>competitive advantage </u>must provide the new business with the opportunity to make money in excess of the competition.
<h3>What is competitve advantage?</h3>
Competitive advantage refers to the factors that allow a company to produce goods or services better or at a lower cost than its competitors. These factors allow the production unit to generate more revenue or higher profit margins than its competitors in the market. Competitive advantage is due to many factors including cost structure, brand image, product quality provided, distribution network, intellectual property and customer service.
Competitive advantage is what makes an entity's products or services more attractive to customers than any other competitor.
Competitive advantage can be divided into comparative advantage and differential advantage.
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Answer:
Explanation:
When people buy shares in a company, they become stockholders. These shares mean they have an ownership interest in the company and when the company makes a certain amount of profit, it may decide to share some of that profit with its shareholders as Dividends.
Another way is through Capital Gains. Capital gains are the result of the shares increasing in value after the stockholder has bought it. For instance, if you bought a Tesla share in December 2016 it would have cost you $50. Today it would be worth $872. That difference of $822 is the capital gain.
Answer:
account payable increase and credit increase as well
Explanation:
