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Fed [463]
3 years ago
7

What is the MOST likely result for a company whose business practices have enabled it to innovate and execute more effectively a

nd efficiently than its competitors
Business
1 answer:
Brums [2.3K]3 years ago
4 0

Answer: It gains a competitive advantage

Explanation:

A company whose business practices have enabled it to innovate and execute more effectively and efficiently than its competitors will gain a competitive advantage.

This is because due to its innovation coupled with the organization's effectiveness and efficiency, the organization will produce the products at a cheaper cost when compared to other competitors. This will make the company standout from others.

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Government payments to suppliers are called excise taxes. <br> True<br> or <br> False
Anna71 [15]
The answer to your question is TRUE
3 0
3 years ago
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Which of the following is true about goods and services?
Angelina_Jolie [31]
U need to provide the options we can pick from please
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1 year ago
stimulating demand. creating awareness. identifying prospects. combating competitive promotional efforts. retaining loyal custom
KonstantinChe [14]

competitive promotional efforts. retaining loyal customers.

<h3>What is promotional efforts?</h3>

Any effort made by a company to communicate with potential customers is considered a promotional activity. Promotional activities serve two primary functions. These are intended to: Customers should be informed about your store's products, prices, and services. Persuade customers to buy your products.

The most common type of marketing is product and service promotion. Advertising - You can advertise your product, service, or brand in newspapers, radio, television, magazines, outdoor signage, and online.

Promotional materials, events, or ideas are intended to increase product or service sales.

The most important function of a promotion is to distinguish a company from its competitors. If there was no competition, no business would ever need to run promotions.

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6 0
2 years ago
A company sold merchandise with a cost of​ $217 for​ $390 on account. The seller uses the perpetual inventory system. The entry
Elden [556K]

Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for​ $217

( The answer Is not in the options given)

Explanation:

The Perpetual inventory is a method of accounting for inventory  which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.

In that regard , the entry to record  cost of merchandise sold

Account titles                                              Debit         Credit

Cost of goods (Merchandise sold)             $217

Merchandise Inventory                                                    $217

7 0
2 years ago
You plan to construct a restaurant on a 20,000 square foot lot
labwork [276]

Answer:

8,000 square foot

Explanation:

Total space available 20,000 square foot.

60 percent  to be used. space left?

If 60% is will be used, only 40% will be availble for construction.

40% of 20,000= 40/100x 20,000

                          =0.4 x 20,000

                          =8,000 square foot

6 0
3 years ago
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