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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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According to Hackman and Oldham's job characteristics model, what type of employee would most likely be satisfied and perform at

Rasek [7]

The type of employee that would most likely be satisfied and perform at a high level is motivated employee.

<h3>Who is Hackman and Oldham?</h3>

Richard Hackman and Greg Oldham developed a model which itself motivates employees for the jobs.

The model focuses on the perspective that if the job is not monotonous, it can motivates the employee and would not feel discouraged to work.

Hence, the type of employee that would most likely be satisfied and perform at a high level is motivated employee.

Read more on about Hackman and Oldham here: brainly.com/question/13103980

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2 years ago

Suppose a family-owned yogurt shop has $80,000 in total revenues, $36,000 in rent, and $20,000 in additional operating costs. Th

zzz [600]

Answer:

A. Less than $24,000.

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3 years ago

Which of the following is an example of a challenge faced by contemporary organisations?

WARRIOR [948]

Answer:

b. environmental issues

c. global economy

Explanation:

Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

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3 years ago

Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000

valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details Amount ($)</u>

Net Income 310,000

Depreciation expense 45,000

Increase in accounts receivable (55,000)

Decrease in inventory 12,000

Increase in accounts payable 6,000

Increase in prepaid expenses (4,000)

Decrease in income taxes payable 3,500

Gain on disposal of land <u> 7,500 </u>

Net cash provided (used) by operating activities <u> 325,000 </u>

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3 years ago

The Fashion Shoe Company operates a chain of women's shoe shops around the country. The shops carry many styles of shoes that ar

timofeeve [1]

The computation of the break-even point (in units) is given below:

Break-eventpoint = Fixed cost / contribution margin.

= Fixed cost / (selling price - variable cost)

= $158,000/ ($20-%10)

= $158,000/ $10

= %15,800 units.

The break-even point (in units) for Shop 48 is 15,800 units. It can be computed by dividing the amount of fixed cost by the amount of per unit contribution margin. And the per unit contribution margin can be computed by deducting the variable cost per unit from the selling price per unit.

The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business.

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2 years ago