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Nata [24]
4 years ago
5

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the b

est trade-off. Group of answer choices True False
Business
2 answers:
horrorfan [7]4 years ago
4 0

Answer:

False

Explanation:

The five basic competitive dimensions are cost, quality, time, flexibility and innovation. If the company has greater control over these five thing, then it is more inclined towards the competitive advantage. Furthermore, the best trade off doesn't forms part of strategies that constitutes to competitive advantage.

MakcuM [25]4 years ago
3 0

Answer:

The statement is: False.

Explanation:

A competitive advantage is that one a firm has over its competitors. There are two different types of competitive advantage: comparative advantage refers to the ability of a business to manufacture a good or service at a lower cost; differential advantage is attributed to businesses when their goods or services are distinct from rivals because of certain unique features.

Thus, <em>making optimal trade-offs has nothing to do with the competitive advantage of a firm.</em>

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Most new workers in the labor force are men. True or The following factors affect the labor market EXCEPT:
saveliy_v [14]

Answer:

population shift

Explanation:

immigration, population growth: As the population grows or shrinks, the labor supply will tend to shift to the right or to the left. In a competitive labor market, the wage has two properties:

1. It adjusts to make supply and demand for labor equal.

2. It equals the value of the marginal product of labor.

3 0
4 years ago
"which mode of transportation would cost the least per ton mile?"
IRINA_888 [86]

The answer is letter d. water. Water would cost least per ton mile, since transportation through water depends on the materials or watercraft you will be using. If an individual is using an ordinary boat, a boat that is being rowed, it would cost less, than a boat being rowed by an electrical engine. 

8 0
3 years ago
Darren teaches a class of 25 students. He assigns homework 3 times a week, and each assignment consists of 12 problems. How many
VikaD [51]
-He has 25 Kids
-Homework 3 times a week
-Each has 12 problems

If he has 25 kids, and he assigns homework 3 times a week, you have to multiply. 25×3= 75
Each has 12 problems, so you have to multiply 75
75×12= 900
He had to mark 900 questions a week
3 0
4 years ago
Describe the advantage of increased global trade and competition on the u.S. Economy
Alinara [238K]

Answer:

The United States can specialise in producing goods and services which capitalise on its competitive advantages.

Explanation:

Increased global trade opens the United States (U.S) to international markets. This allows businesses in the U.S  to scale their operations so as to meet world demand. In doing so, these businesses may experience lower costs per unit due to increasing production capacity. This growth in operations could lead to increased competition from foreign businesses seeking to enter or operating in the U.S economy. Owing to this, higher levels of innovation and efficiency at firm level would be instituted so as to offer competitive prices.

5 0
4 years ago
During its first year of operations, Criswell Inc. completed the following transactions relating to shareholders' equity. Januar
frozen [14]

Answer:

Kindly check attached picture for detailed answer and explanation

Explanation:

Given :

January 5: Issued 300,000 of its common shares for $8 per share and 3,000 preferred shares at $110. February 12: Issued 50,000 shares of common stock in exchange for equipment with a known cash price of $310,000. The articles of incorporation authorize 5,000,000 shares with a par value of $1 per share of common and 1,000,000 preferred shares with a par value of $100 per share.

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4 years ago
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