Answer:
Sustainable competitive advantage
Explanation:
Sustainable competive advantages are the qualities, edge or assets a company has which cannot be matched and one which the company an edge over it's competitor in the long run.
When a customer patronizes a store due to the constant customer experience he or she receives, irrespective of the expansion of the business, the situation is called sustainable competitive advantage.
Sustainable competitive advantages are also ideas which a company has and one which clearly set out a company or firm over it rivals in the long run. For a business to make profit continuously, it must have special skills which makes it a force when it comes to brand recognition.
Answer:
Edward's promise is not enforceable. Tony had already performed the act. He did not perform based on Edward's promise. He performed because of their fraternal brotherhood.
Explanation:
This situation looks like a unilateral contract whereby Edward makes a promise to Tony to pay him $100. However, we observe that Tony did not perform his actions in consideration of this reward. He performed because they were fraternity brothers. Therefore, Tony cannot enforce Edward's promise in any court. It is only left for Edward to fulfill his promise as a gentleman, not because he is legally obliged to.
Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
Answer:
False
Explanation:
Hawthorne is a researcher who tried to analyse and examine employee's behaviour and what motivates them to work more hard. The above statement is false because according to Hawthorne study employee's motivation is not related to incentives. Hawthorne concluded that an employee's motivation is strongly linked with their relationship with the manager and the supervisor. A healthy Employee – supervisor relationship motivates and encourage them to carry out directives.
Answer:
The cyclical indicator is extensively used as a business cycle analysis tool, employs a series of variables which tend to anticipate, coincide with or lag behind the movements of economic activity to indicate the phases of the business cycle.
Explanation:
