An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.
This is further explained below.
<h3>What is
a competitive advantage?</h3>
Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.
In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.
In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.
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Complete Question
management information systems allow managers to build upon an organization’s existing strengths to create
elastic demands.
competitive advantages.
SWOT analyses.
barriers to entry.
A "budget" is a plan in which an individual balances available resources and expenses.
Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.
Answer:
The correct answer is d. The proper safeguarding of client information.
Explanation:
According to chapter 3 of the GAO Yellow Book, the following are the ethical principles:
-
The public Interest
- Integrity
- Objectivity
- The proper use of government information, resources, and position.
- Professional behavior.
Proper protection of customer information is not an ethical principle in this book, but it should be a factor to consider in the information manipulation process.
Answer:
a. The quality of rental housing units falls
c. The quantity of available rental housing units falls.
Explanation:
As the landlord cannot receive a desired return for their investment they will stop improving and doing proper maintenance of the property to obtain it.
They will also be less likely to rent and would prefer to sale and move away from the real-state investment business in the region to more profitable region or better business. This will make the ernt go up as there is less offer as well so the policy backfires.
Stoping the market to work property will cause market failures and the outcome won't be the desired