A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
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What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
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Answer:
Answer is D. Opiate for the masses.
Explanation:
The political circuit , that is , the politicians have developed methods of distracting people from the activities of the government. One of this things is sport.
Note that opiate means something that calms or soothes someone. This means that, sport has been chosen to calm people down, because it will temporarily suppress the underlying pain.
Therefore, sport will prevent people from rising up or fighting their leaders.
Its 100% the St. Lawrence Seaway!!!!
