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denis-greek [22]
4 years ago
12

Firms possessing certain core competencies are more likely to create competitive advantages based on these competencies. However

, before a competitive advantage can be translated into specific customer benefits, the firm’s _____ must recognize that its competencies give it an advantage over the competition.
Business
1 answer:
Anna35 [415]4 years ago
6 0

Answer:

The answer is: target markets

Explanation:

This is something that should be obvious, a company may have a great product with excellent specifications, capacities, etc. that give them competitive advantages over the competition, but if their market (the customers) don´t realize that the company´s product is that good, then the competitive advantage vanishes.

E.g. you own a restaurant and your new chef makes the most delicious pasta in town, but if your customers only associate your restaurant with Mexican food, then your chef´s excellent abilities are worthless.

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Both goods and services can be standardized for the mass market or customized to individual needs.
Kazeer [188]
The answer to this statement is True goods and services can be easily balanced and purchased at certain prices and if needed the prices will increase
7 0
3 years ago
Crawford Fishing had a net income of $35,640 in 2022. They decided to pay $3,000 in dividends and keep the rest to help expand t
Elan Coil [88]

Answer: Retained Earnings

Explanation

The profit for the year less the dividends paid, is finally adjusted in the balance sheet under the name Retained earnings. This means that the retained profits increases the equity by the amount retained.

6 0
4 years ago
Bargaining associations are required to bargain without making any threats against buyers. true false
Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management.  The given statement is true.

To learn more about Bargaining associations refer to:

brainly.com/question/1130553

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6 0
2 years ago
Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500
torisob [31]

Answer:

Website

Annual Reports

Magazines

Newspaper

Television Advertisement

Explanation:

The company website are the reliable source for the information. These websites include information about the specific product details. Brent can easily get access to details about product design, their specification and details. There can be other website which provide reviews of products. Brent can access those website to observe the reviews of the product but since the reliability of these website can be questioned so its better not to trust everything you read.

6 0
4 years ago
The degree to which people identify with their jobs and consider their perceived performance levels important to self-worth is _
ivann1987 [24]

The degree to which people identify with their jobs and consider their perceived performance levels important to self-worth is Job involvement. This is further explained below.

<h3>What is Job involvement?</h3>

Generally, Job involvement is simply defined as the extent to which a person's employment is a part of his or her identity.

In conclusion, Job engagement is the degree to which individuals connect with their employment and believe their perceived performance levels to be vital to their self-worth.

Read more about Job involvement

brainly.com/question/14840026

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5 0
2 years ago
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