All categories

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.

You might be interested in

Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore §179 expense and bonu

marishachu [46]

Answer:

$42,853

Explanation:

The computation of the allowable MACRS depreciation on Convers’s property in the current year is shown below:

<u>Assets Place in service Quarter Original Basis Rate Depreciation</u>

Machinery

(7 years) Oct 25 4th $70,000 14.29% $10,003

Computer

Equipment

(5 years) Feb 03 1st $10,000 20% $2,000

Used delivery

truck

(5 years) Mar 17 1st $23,000 20% $4,600

Furniture

(7 years) Apr 22 2nd $150,000 14.29% $21,435

Qualified

improvement

(39 years) May 12 2nd $300,000 1.605% $4,815

Total $553,000 $42,853

Refer to the MACRS depreciation table

and we used the half year convention

5 0

3 years ago

The laissez faire model is inspired by the work of which economic philosopher?

Vitek1552 [10]

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

3 0

2 years ago

The break-even point is that level of activity where: Multiple Choice a) total revenue equals total cost. b) variable cost equal

shtirl [24]

Answer:

a) total revenue equals total cost.

Explanation:

The break-even point is the level of activity in which total revenue equals total cost. It can also be defined in terms of units sold for a year is as the fixed expenses for the year divided by the contribution margin per unit of product. Note that exactly at the break-even point, there is no profit or loss.

Therefore, the answer is alternative a).

3 0

3 years ago

Public policies a. may be able to improve either economic efficiency or equality. b. may be able to improve economic efficiency

Crazy boy [7]

Answer:

A. May be able to improve either economic efficiency or equality.

Explanation:

Public policies: These are the government's policies meant for the public´s benefit and it is tailored to translate vision into action to execute planning and get the desired result. These policies are important to resolve public issues efficiently and effectively with equality. It should be formed under the laws and regulations of the state.

There are five stages of policy making process:

Agenda setup.
Policy formulation.
Decision making.
Implementation
Evaluation.

5 0

3 years ago

When Penguin Catering Services first opened, the owner decided to target only events at resorts in its geographic region. Pengui

Juliette [100K]

Answer: Penguin Catering was using a Concentrated targeting strategy.

An organization that adopts a concentration strategy chooses to focus its marketing efforts on only one very defined and specific market segment. Accordingly, only one marketing mix is developed. For example, the manufacturer of Rolex watches has chosen to concentrate on the luxury segment of the watch market.

6 0

2 years ago