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3 years ago

When defining a strategy for your business, how can competitor analysis help you establish a USP

1 answer:

6 0

USP stands for Unique Selling Proposition . It is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.When defining a strategy for your business, there are several ways how a competitor analysis can help you establish a USP :

- you can ask a few of the customers after they leave the premises what they like and dislike about the competitors' products and services.

- If your competition is beating you on pricing because they are larger, you have to find another sales feature

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A group of political leaders believe that businesses should switch to using renewable energy. A factory owner argues that his bu

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Answer:

Limited role of government

Explanation:

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3 years ago

There are very few, if any, good substitutes for motor oil. therefore, the

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<span>the demand for motor oil would tend to be price inelastic.</span>

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3 years ago

Find the average variable cost for producing 18 sneakers. Round your answer to the nearest hundredth.

murzikaleks [220]

Answer: $2.78

Explanation:

Average variable cost is calculated by dividing the total variable cost of producing a certain number of units of a good by that same number of units.

Average variable cost = Variable cost of producing 18 sneakers / 18

= 50 / 18

= 2.7778

= $2.78

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3 years ago

For approximately how many seconds does 2022 versa’s hill start assist hold the brakes?

zhuklara [117]

The Nissan Versa has a starting assistant that lasts at least 3 seconds so that the driver can easily start on slopes.

<h3>What is the hill start assistant?</h3>

The hill start assistant is a technological and mechanical device that has been implemented in several cars worldwide to prevent the car from rolling back due to gravity and inertia.

Hill Start Assist allows the driver to start on a hill without worrying about backing up. This development has prevented several accidents and is a good invention for those who are just starting to drive.

One of the cars that have this development is the Nissan versa 2022. This car offers a hill-start assistant that allows the driver to have at least 3 seconds to start the car on a slope without the car backing up.

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2 years ago

Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are

nika2105 [10]

Answer: $480

Explanation:

The net cash inflow from operating activities on Packard's statement of cash flows for Year 2 will be calculated thus:

Revenue earned = $1000

Less : Expenses paid = ($520)

Operating cashflow = $480 inflow

The net cash inflow from operating activities on Packard's statement of cash flows for Year 2 will be $480.

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3 years ago