Im ony in middle school sorry
That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation
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What is competitive advantage?</h3>
A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.
The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical technique is credited to Albert Humphrey at the Stanford Research Institute. Porter's Five Forces is an alternative model that helps businesses understand their position within a competitive landscape.
Price is amount expected for product, cost is estimated price, opportunity cost is loss of potential gain from alternatives.
Answer:
$225,300
Explanation:
The computation of the total amount of trading investment reported in the balance sheet is shown below:
December 31 Cost Fair value Lower of cost or fair value
Barth inc $68,000 $65,300 $65,300
Foster inc $162,500 $160,000 $160,000
Total value $225,300
We take the lower of cost or fair value and the same is shown above so that the accurate amount could come
Answer:
The answer is: $0.15
Explanation:
In a perfectly competitive industry, the price of a good or service is always equal to the marginal revenue for the suppliers. In this case, the price for candy canes is $0.10.
If the price of candy canes' inputs increases by $0.05, then the new price of candy canes will be $0.15 ($0.10 + $0.05).