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3 years ago

__________ refers to exploiting a distinctive competence or improving internal efficiency for competitive advantage.

Business

1 answer:

vitfil [10]3 years ago

8 0

Answer:

Competitive aggression

Explanation:

Competitive strategies, located in the generic set of business strategies, aim to improve your competitive position with respect to other companies in the sector. That is, it is an action plan that develops the competitive advantage of a business and increases it by generating sales and profits from customers.

Creating and applying a business strategy is a dynamic, complex and continuous analysis process, since it requires many evaluation measures and concrete adjustments. In any case, having a defined competitive strategy will mean great advantages to carry out a business.

Having a defined competitive strategy will mean important business progress for the achievement of your business. Establishing a precise business strategy is essential for a company to adapt to the constant changes in the market, to the needs of each client and the scope of the proposed objectives.

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Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l

Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

trustee will receive $15,000
lawyers will receive $10,000
Dart will receive $20,000
Noll will receive $5,000

total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

6 0

3 years ago

A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit o

olya-2409 [2.1K]

Answer:

acquisition

Merger

Explanation:

Acquisition is when a company purchases almost all the shares of another company in order to have full control over it. For companies that are distressed or are not able to operate as a going concern, such can put up the company for sale.

In acquisition, the buying company oftentimes retain its name which is already a brand , work and build on the strength of the old company in order to achieve returns. Companies acquire other companies in order to have large market shares and also to diversify their business operation.

One of the benefit of acquisition is that it gives room for fresh ideas due to coming together of different people and also brings people that are experts in their various fields.

Merger is when two or more firms comes together to form a single entity.

Companies or firm merge in order to form an alliance and also send strong signals to other competitors.

Firms also merge in order to increase their financial capacity. This will enable them to be able to finance their business operations. They are also able to increase their asset base as a result of the merger.

4 0

3 years ago

ompare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the

kow [346]

Answer:

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

Explanation:

a). Finance charge on the loan

Step 1: Determine the depreciation cost

The depreciation cost can be determine using the expression below;

Depreciation cost=Purchase value-salvage value

where;

Purchase value=$15,000

salvage value=$4,000

replacing;

Depreciation cost=15,000-4,000=$11,000

The total finance charge=$11,000

b). Cost of leasing agreement

Step 2: Determine cost of leasing agreement

Cost of leasing agreement=down payment+monthly payment+acquisition fee

where;

down payment=$500

monthly payment=$315

total monthly payment for 3 years=315×12×3=$11,340

acquisition fee=$300

disposition charge=$150

replacing;

cost of leasing agreement=500+11,340+300+150=$12,290

cost of leasing agreement=$12,290

The cost of lease agreement ($12,290) is greater than the total finance charge ($11,000)

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

8 0

3 years ago

The cost object in a job order system is the ______ and the cost object in a process costing system is the ______.

nordsb [41]

Answer:

The correct word for the blank space is: specific job; process.

Explanation:

The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.

Then, the cost object of a job order is the specific job assigned; while the cost object of a process costing system is the process itself.

6 0

3 years ago

If japanese cars surge in popularity in the united states, this event most likely will cause the japanese yen to ___________ and

tatuchka [14]

If japanese cars surge in popularity in the united states, this event most likely will cause the japanese yen to Appreciate and the u.s. dollar to Depreciate.
If japanese cars become more popular in united states, Japn will have a surplus of export-import scale towards united states.
This will cause Japanese yen to gain more strength toward United States dollar and cause the appreciation.

3 0

3 years ago