Answer:
competitive advantage
Explanation:
In industry, the quality that helps a company to surpass its rivals, is called its competitive advantage. A competitive advantage might include availability of resources, like higher-grade ores as well as small-cost energy sources, highly qualified workers, geographical position, high entry hurdles and access to better technologies.
When it comes to explaining competitive edge, the value proposition is essential. When the value proposition is successful, that is, when the value concept provides higher and more consistent value to consumers, it can yield a significant advantage either in the good or service. The value proposition will rising the perceptions and preferences of the customers.
In international banking, a letter of credit is a promise by a bank to pay the seller a given amount if certain conditions are met.
How Does a Letter of Credit Work?
A letter of credit is frequently used in international trade to guarantee that a payment will be made to the seller promptly and in full, as guaranteed by a bank or other financial institution. In addition to requesting security from the buyer, the bank will charge a fee after providing a letter of credit, which is ordinarily a percentage of the letter of credit. Revolving, commercial, and confirmed letters of credit are a few examples of the different kinds of letters of credit.
What is the disadvantage of a letter of credit?
Inordinately costly, time-consuming, and laborious in terms of working capital and credit line usage. To satisfy the bank's coverage requirements for the buyer, additional security and collateral are required. Lengthy and time-consuming claims process that requires the seller to submit extra documents.
Learn more about a Letter of credit: brainly.com/question/3521417
#SPJ4
Answer: The secondary source on a topic may be biased because the information is translated and the text and information could be altered
Explanation:
High Job Strain.
This is a type of stress experience by employees who face high demands and low rewards in their position.
Quality assurance is the other way