- add new products to the mix
-expand into new territories
- target new customer markets
- sell more products/ services to your existing customers
Option D Increase Decrease
Adjust a gain by crediting as unrealized gain and record a loss by debiting as unrealized loss in accumulated and other income account
Explanation:
Unrealized holding of gains and losses on securities available for sale may consider as unrealized gain or unrealized loss by considering the current market value (price) of such related securities in the securities market. The unsold securities occurs only on paper and has yet to be recognized by selling the same.
Only some unrealized gains are reported on the income statement and increase your net income, or profit and some unrealized losses are reported on the income statement and decrease your net income, or profit. So the option D - increase decrease has to be taken as answer for this question.
Answer:
see the explanation
Explanation:
A species can be defined as a group of organisms with similar features, and these organisms are capable of breeding and produce fertile offspring. You are probably aware of the fact that horses and donkeys belong to the same kingdom, phylum, class, order, family as well as genus but they are from different species.
Answer:
c. increasing the wedge between what customers are willing to pay and the cost that the firm incurs.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
Hence, the concept of competitive advantage focuses on increasing the wedge between what customers are willing to pay and the cost that the firm incurs. Generally, customers are willing to pay for a product or service provided they get value for their money and derive enough satisfaction from it.
