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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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The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nish

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4 years ago

An integrity-based approach _____. a. helps very little concerning where questionable practices are occurring and where possible

Roman55 [17]

Answer:

The correct answer is letter "C": usually have chief officers, human resource managers, and board member committees involved with the ethics and compliance program.

Explanation:

The integrity-based approach is the practice in which top executives of a company including members of the <em>Board of Directors</em> (BoD) hold the responsibility of the firm's ethical culture and spread it to their employees. This is done to promote good practices among workers and to spot where might be possible ethical issues appearing in the company.

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4 years ago

In the simulation, explain how the original order results in one $22 fee, while the Wells Fargo reordering results in four $22 f

aksik [14]

Answer:

In a situation in which the transactions that occurred were been arranged accordingly or just exactly the way the transaction happened which means that the customer will owe the amount of $22.

In a situation in which the transactions are been posted in descending order which is from largest transaction to the smallest transactions the customer money in his or her bank account will reduce quickly which will in turn make customer to have the amount of $88 as overdraft.

Explanation:

In a situation in which the transactions that occurred were been arranged accordingly or just exactly the way the transaction happened which means that the customer will owe the amount of $22 because based on the information given we were told that the customer original order resulted in one $22 fee which means that 1 multiply by $22 fee will give us $22 (1*22) which is the amount owe by the customer.

Secondly in a situation in which the transactions are been posted in descending order which is from largest transaction to the smallest transactions the customer money in his or her bank account will reduce quickly which will in turn make the customer to have the amount of $88 as overdraft reason been that we were been told that the reordering resulted in four $22 fee which means that four multiply by $22 fee will give us $88 (4*22).

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3 years ago

How are random events taken into consideration during both hindsight bias and overconfidence?

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The hindsight bias and overconfidence, plus our eagerness to perceive patterns in random events, can cause tendencies that may lead us to overestimate our intuition. Intuition and intellect are not always accurate, therefore these factors are not trustworthy compared to scientific facts or scientific inquiry which can help us overcome our intuition’s biases and shortcomings.

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4 years ago

When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests they "use less" of the produ

miskamm [114]

Answering the question, Sriracha's use of a single marketing mix for all potential customers means that the company is using: undifferentiated approach. This implies the correct answer is D.

The undifferentiated approach takes place when a marketer does not take into account the differences that exist within the market but decides to use a mass marketing strategy with the purpose to appeal to the greatest number of people. In other words, the marketer regarded the market to be heterogeneous aggregate.

<h2>Further Explanation</h2>

Undifferentiated marketing is also called mass marketing, this type of marking approach focused on television, radio, and newspapers to reach out to a large audience.

When the company uses this medium to reach out to the larger audience, it maximized the exposure of the company’s product. Theoretically, this is directly tied to huge sales or increases the number of potential buyers.

This approach involves the spreading of marketing messages to a huge number of people and also with the hope of reaching out to several people who might have an interest in the product.

The company involves in general advertising to mass market its product with the purpose that it will get the attention of some people.

Some of the benefits of using undifferentiated approach include

Larger audience
The risk involved is very less
The approach involves less research

Learn more about undifferentiated approach at:

brainly.com/question/9991216

#learnwithbrainly

3 0

4 years ago

Read 2 more answers