Why might a business owner prefer to start a business in a laissez-faire economy?

Milo Millworks Incorporated has maintained a sustainable competitive advantage for its framing style. In order to accomplish thi

photoshop1234 [79]

In order to accomplish this, the framing style must be difficult to substitute for.

<h3>What is Competitive advantage?</h3>

Competitive advantage can be defined as the way in which a company produce or manufacture more goods or product and sell those goods produce at lesser rate so as to increase their sales than that of their market competitors.

Based on the scenario in order for Milo Millworks to accomplish the competitive advantage for their framing style, the framing style must be difficult to substitute for.

Therefore the framing style must be difficult to substitute for.

Learn more about Competitive advantage here:brainly.com/question/26514848

#SPJ1

3 0

2 years ago

Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust

Mila [183]

Answer:

Total cost= $126

Explanation:

Giving the following information:

There are three activity pools:

$8.60 per guest check-in

$24.00 per room cleaning

$3.00 per served meal.

Janelle Washington visited the hotel for a 4-night stay. Janelle had 7 meals in the hotel during the visit.

We will assume that the room gets clean every day:

Total cost= Estimated activity-based cost* Actual amount of allocation base

Total cost= 8.60*1 + 24*4 days + 3*7 meals= $125.6

3 0

3 years ago

Food Well Inc. is an organization that operates several companies that market bulk food products, restaurant equipment, and disp

Nikolay [14]

Food Well is pursuing a Focus differentiation strategy.

<h3>What is Focus differentiation?</h3>

This is known to be a method used in competitive advantage where a firm tries to outperform its rivals through the act of offering a product that is seen by consumers to be superior to that of competitors even if its price is higher.

It is known to be used in adopting a differentiation focus strategy. Here, the firm is based on narrow market coverage, and others.

Learn more about strategy from

brainly.com/question/9134427

3 0

2 years ago

Performance Element: Acquire foundational knowledge of business laws and regulations to

Anon25 [30]

Answer:

1.answer:Rules that guide the way people act or rules that prevent people from doing certain things that is against the law

2. The Judicial branch interprets the laws of the land.

3. Ways to protect your intellectual property include: copyrights,patent,trademark,trade secret, and licensing. Intellectual property is creative work created by you.

4. Lazy employees,

discrimination at the place of work, harassment, immigration audits, copy rights and patent issues, Unstable government policies. High tax rate.

Explanation:

Discuss the nature of law and sources of law in the United States (SP

answer:Rules that guide the way people act or rules that prevent people from doing certain things that is against the law .

Describe the United States' judicial system (SP)

answer:The Judicial branch interprets the laws of the land.

Describe methods used to protect intellectual property (SP)

Ways to protect your intellectual property include: copyrights,patent,trademark,trade secret, and licensing. Intellectual property is creative work created by you.

Describe legal issues affecting businesses (SP)

Lazy employees,

discrimination at the place of work, harassment, immigration audits, copy rights and patent issues, Unstable government policies. High tax rate.

4 0

4 years ago

2017, one article in the Wall Street Journal had the headline: "Federal Reserve Expected to Deliver Rate Increase." Source: Davi

nignag [31]

Answer:

The correct option is A that is federal funds rate

Explanation:

Federal funds rate is the rate of interest which is charged by the banks on other banks in order to lend or give them the money from the balance of reserve on an overnight ground . And in accordance with the law, the banks need to preserve or keep a reserve, that is equal to a particular % (percentage) of the deposits in the account at a Federal Reserve bank.

The headline is likely to address the federal funds rate in the journal.

3 0

3 years ago