Answer:
There's two definitions.
Explanation:
1: taking personal responsibility for the consequences and costs of what you utilize and buy
2: five consumer responsibilities- staying informed, follow instructions, use products/services properly, speak against violations, and don't illegally purchase things
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Answer:
Option D. Building new core competencies to create and compete in markets of the future.
Explanation:
The market entrants when enter they don't have any share of market. To attain the market they bring with them uniqueness in their product which the rival companies cann't offer. For this reason, many existing companies try to add additional capabilities and competencies in its existing strengths. This uniqueness achieved gives a competitive advantage which means the correct option is option D.
Answer:
If country A is able to produce the same units of computers at a lower cost than country B under similar production conditions.
Explanation:
<em>If under similar conditions of input and production process, country A is able to produce more units of computer than country B, then A is said to have an absolute advantage over B. </em>
By definition, absolute advantage is the capacity of an establishment, person, country, or organization to produce a higher output with similar input and production process when compared to another establishment, person, country, or organization.
In other words, an entity will have an absolute advantage over another if the former is more efficient in its production.
<span>The manager of a fast food franchise will establish o</span>perational plans in regard to how many hamburgers to cook each hour.