1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sladkih [1.3K]
3 years ago
8

organizations can gain competitive advantage simply by matching their competition in terms of cutting cost and responsiveness to

employees true or false?
Business
2 answers:
Schach [20]3 years ago
5 0
False. cutting cost will move the business closer to having a competitive advantage but it is more involved then that. they also need something that sets them apart from the competition, something that the competition doesn't offer such as personalized service. a different product, or even a better atmosphere. they also need to stay focused on their costumer. can the costumer find a employee when they need help? is the layout of the store organized in a manner that makes sense? all of these factors go into competitive advantage
Zepler [3.9K]3 years ago
3 0
True, all business live on competition. Whatever other's may have they compete to make theirs better than the other to make a profit
You might be interested in
jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the p
galina1969 [7]

Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.

A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.

A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.

Learn more about policy here

brainly.com/question/1578160

#SPJ4

5 0
2 years ago
The cash flows for a perpetuity continue into the future indefinitely. An example of a perpetuity is: preferred stock. corporate
Svetradugi [14.3K]
The right answer for the question that is being asked and shown above is that: "corporate bonds."The cash flows for a perpetuity continue into the future indefinitely. An example of a perpetuity is: <span>corporate bonds</span>
5 0
3 years ago
As part of his overall stock portfolio, jason bought a few shares of facebook. in this context, he would best be described as __
larisa86 [58]
<span>As part of his overall stock portfolio, Jason bought a few shares of Facebook. in this context, he would best be described as shareholder of facebook.</span>
5 0
3 years ago
"the fed funds rate is the" __________. interest rate the fed charges commercial banks on short-term loans interest rate that th
IgorC [24]
Amoreandrusamoreandrus
8 0
3 years ago
A firm has sales of $1.8 million, and 20 percent of the sales are for cash. The year-end accounts receivable balance is $225,000
Juliette [100K]

Answer:

The average collection period is 56.25 days

Explanation:

The average collection period is the number of days' sales in receivables and calculated by using following formula:

The number of days' sales in receivables = 360/Accounts receivable turnover ratio

Accounts Receivable Turnover = Net Credit Sales/Accounts Receivable

Net Credit sales = Total Sales - the sales are for cash = $1,800,000 - 20% x $1,800,000 = $1,440,000

Accounts Receivable Turnover = $1,440,000/$225,000 = 6.4 times

The number of days' sales in receivables = 360/6.4 = 56.25 days

7 0
3 years ago
Other questions:
  • Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors. According t
    6·1 answer
  • Gracey's Department Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Gracey's also has $6
    14·1 answer
  • Gina and Chen are both managers at CPA4U, a large accounting firm. Each has a very different management style. Gina is very outg
    9·1 answer
  • Closing entries and a post-closing trial balance are steps in the accounting cycle that occurA :  quarterly. B :  monthly. C : 
    14·1 answer
  • On June 30, year 8, Adonis Co. had outstanding 4%, $4,000,000 face value bonds, originally issued at 98, maturing on June 30, ye
    5·1 answer
  • Cookies refer to:_______
    5·1 answer
  • A furniture dealer purchased a desk for $150 and then set the selling price equal to the purchase price plus a markup that was 4
    6·1 answer
  • Hanson Inc. has the following variable manufacturing overhead standard to manufacture one Zippy:
    13·1 answer
  • Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is decreasing, _____ must
    10·1 answer
  • What is meant by pie - chart? Discuss the process of its formation??<br>​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!