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3 years ago

A firm can effectively use its operations function to yield competitive advantage through all of the following except

Business

1 answer:

ira [324]3 years ago

4 0

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

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Dia is a computer engineer in a small company. She notices that the company does not have its own website and realizes that the

rodikova [14]

Answer:

The answer is incubation process of creativity

Explanation:

This example shows an individual in the stage of the creative process called incubation. Because it is related to her intuition and insights about what she knows and intents to her presentation.

8 0

3 years ago

Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per

IgorC [24]

Answer:

Economic profit will be $40

So option (d) will be correct option

Explanation:

We have given number of units produced = 20 units

Price of per unit = $10 per unit

So revenue = 20×$10 = $200

Revenue :20 units * $10 = 200

Fixed cost is given $100

Variable cost: 20 units ×$3 = 60

So total cost= Fixed cost + Variable cost = 100 + 60 =$160

So economic profit = Revenue - Total cost = 200 - 160 = $40

So option (d) will be correct answer

6 0

3 years ago

True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with highest pro

AveGali [126]

TRUE

If the society wishes to reduce overall pollution by certain amount, it is efficient to have firms with highest profit bearing the largest burden of reducing pollution and firms with lowest profit bearing the least burden. This is because it will not lead to overall burden on the small firms. If large firms and small firms were to reduce the pollution burden on same rate then it will be very costly for the smaller firms to bear that and it will be a burden of cost on smaller firms.

3 0

3 years ago

Suppose that the demand curve for compact disks is given by P = 600 – Q and that the supply curve is given by P = 0.5 Q, where Q

otez555 [7]

Answer: -0.5

Explanation:

From the information given,

Demand curve = P = 600 – Q

Supply curve = P = 0.5Q

Equilibrium = Qd = Qs

Therefore, 600 - Q = 0.5Q

600 = Q + 0.5Q

600 = 1.5Q

Q = 600/1.5

Q = 400

Since P = 600 - Q

P = 600 - 400

P = 200

Price elasticity will be:

= (dQ/dP) × (P/Q)

=(-1) × (200/400).

= -1 × 0.5

= -0.5

The price elasticity is -0.5

7 0

3 years ago

Dave, a graphic designer, has applied for a job at Animatrix Co., an animation studio. When he is called for the interview, Dave

Alex_Xolod [135]

Answer:

The correct option is: B. work sample

Explanation:

Work sample is a statistical technique by which the employer tests the ability of a candidate by assigning a sample work to be performed, in order to evaluate or analyze the work performance of the individual.

It can also be defined as the previous work or projects that are used to determine the efficiency or performance of the candidate.

<u>Therefore, in the given scenario, Dave’s graphic portfolio is an example of a </u><u>work sample.</u>

6 0

3 years ago