Answer: a. perform one or more activities in the value chain at the same quality level as its competitors.
Note: But it must be at a lower cost than the competitors.
d. perform its value chain activities at a higher quality level than one of its competitors.
Note: It must be at no greater cost than the competitors.
What is Sustainable Competitive Advantage?
They are a company's abilities, culture, assets, and attributes that places them at an advantage or gives them a cutting edge over their competitors, such advantage(s) are difficult to duplicate by another company.
Types of sustainable competitive advantage.
• Low pricing: This is the ability of a company to provide goods or services at a low cost compared to their competitors, this ability could be an important competitive advantage.
• Market Power: This talks about the sole ability of a company to increase price without experiencing a loss in the market share, this happens when there is high barrier to entry in a market.
Other examples are ; powerful brands, outstanding management, product differentiation, etc.
Explanation:
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
$51,000
Explanation:
The computation of the new equipment cost is shown below:
= Fair market value + loss recorded
where,
Fair market value is $50,000
And, the loss is computed by taking the difference between the cost and accumulated depreciation. And, after that deduct it from the trade in allowance
In mathematically,
Book value = Cost - accumulated depreciation
= $41,000 - $36,000
= 5,000
Now, the loss would be
= Trade in allowance - book value
= $4,000 - $5,000
= ($1,000)
Now put these values to the above formula
So, the value would be equal to
= $50,000 + $1,000
= $51,000
It's all depends on from where you are shipping the furniture from