Answer:
The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'
Explanation:
Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.
Sustainable advantage is not about cost reductions,is about a perceived value added to products or services not seen anywhere else.
If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.
Answer: The answer is C.people have confidence that others will accept them as money.
Explanation:
Answer: A natural monopoly occurs when "C. there are economies of scale over the relevant range of output.".
Explanation: A natural monopoly arises when there is a total absence of competition, because said company can supply the market at a lower cost and with a higher quality than if there was competition.
The characteristics that this market can present are:
A very high level of investment is required (Economies of scale)
Use of natural resources, which are located in few places on our planet.
Patents that protect technological innovations
Explanation:
Increased employee satisfaction. The way a company treats its community says a lot about how a company treats its employees. ...
Improved public image. ...
Increased customer loyalty. ...
Increased creativityOther reports provide similar estimates, with Fortune Global firms spending around $20 billion a year on CSR activities (Meier and Cassar 2018), and more than 90% of the 250 largest companies in the world now producing an annual CSR report (KPMG 2017).
