That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation
<h3>
What is competitive advantage?</h3>
A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.
The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical technique is credited to Albert Humphrey at the Stanford Research Institute. Porter's Five Forces is an alternative model that helps businesses understand their position within a competitive landscape.
Answer:
A. 3,789
B. 100%
C.5,000
Explanation:
(a) Total market ($'000) = 310 + 725 + 405 = 1,440
Firm 1 share = 310 / 1,440 x 100 = 21.53%
Firm 2 share = 725 / 1,440 x 100 = 50.35%
Firm 3 share = 405 / 1,440 x 100 = 28.12%
HHI = (21.53)2 + (50.35)2 + (28.12)2 = 3,789
(b) Since there are only 3 firms in market, therefore the four-firms concentration ratio will be 100% b
(c) Total revenue share of the two firms = (310 + 405) / 1440 x 100 = 49.65%
Post-merger HHI = (49.65)2 + (50.35)2 = 5,000
Yes. If the guideline considers any post-merger HHI above 1800 as highly concentrated market, this merger will be probably attempt to block a horizontal merger between two firms with sales.
Answer: 12.1%
Explanation:
Returns are generally quoted in Nominal terms because they include the inflation of the period. The 12.1% is therefore the nominal yield on the stock.
When adjusted for inflation however, the stock return will most likely reduce to reflect the real rate of return which shows the rate of return without the effects of inflation that 'exaggerates' return.
The ucc requires reasonable commercial standards of fair dealing in addition to honesty in fact when parties are merchants.
<h3>What do you mean by commercial?</h3>
Anything that is commercial is typically related to business or commerce. A commercial is a piece of company advertising. Selling products or services for profit is considered commercial activity. Additionally, commercial trading occurs in the forward and futures markets, typically for heading-related reasons. An advertising for soda or cereal is an example of a commercial.
<h3>What are commercial purposes?</h3>
The phrase "used for commercial reasons" refers to the transportation of people or things for a fee, rate, charge, or other consideration, or when it is done directly or indirectly in support of a venture meant to make money.
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Answer: An economic problem is basically the problem of choice. Due to scarcity of resources, the problem which arises before an individual consumer also arises collectively before an economy.
Explanation: Yw and pls mark me as brainiest