Answer:
C) Create a customer-driven environment where we constantly try to create customer value.
Explanation:
A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.
In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.
Answer:
c. Internal benefits are less than external benefits
Explanation:
Lets first understand what a positive externality is. Positive externality is the effects of an activity that has greater and/or additional benefits to the society as a whole as compared to the benefits enjoyed by the individual responsible for creating such a positive impact. One of the common examples of positive externality is getting education, when we get education that provides us benefits on a personal level but it also helps you reach to a position where you can educate others and/or the society in general. This means that educating yourself not only benefits you but also has a positive influence in the society.
Similarly, if you walk to work every day, this will make you more healthy and will reduce congestion in the city and benefit every body else as well.
Answer:
A. Overvalued
Explanation:
An overvalued currency are basically that currency is too high for that country, and the country will relatively expensive and imports far cheaper.
Answer:
credited ; debited ; retained earnings or capital account
Explanation:
The closing entries are as follows
Sales Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being expenses accounts are closed)
Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning)
Answer:
I would say D. All of the above
