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Rudiy27
2 years ago
9

The process of a company gathering information about the competitive environment, including competitor’s plans, activities and p

roducts in order to improve the company’s ability to succeed. _____
Business
1 answer:
jeyben [28]2 years ago
3 0

Answer:

The correct answer is competitive intelligence.

Explanation:

Competitive intelligence is the systematic collection of open information, which once combined and analyzed provides a better understanding of the structure, culture, behavior, capabilities, and weaknesses of a competitor's firm.  

It is a very important activity because it helps companies to better understand how the business works. This way you can learn to be better than your competitors.

Companies use competitive intelligence to compare themselves with others, allowing them to make informed decisions. Most firms today realize the importance of knowing what their competitors are doing, and the information collected allows organizations to find out about their strengths and weaknesses.

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2. A small business makes cakes for parties and weddings. Which two of the following are most likely to be resources it uses dir
Gala2k [10]

Answer:

A. Labour

D. Flour

Explanation:

A resource is something that supplies or adds value to a process.  To this small business, resources will be all the things it uses to bake and deliver customers' cakes.

Labour and flour and useful in the baking of cakes. Without these two resources, the business will halt.  Resources are, therefore, the inputs that make production possible.

8 0
3 years ago
What are the two most popular ways people make networking contacts? 
rjkz [21]

Answer:

Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world's greatest marketing guy.

6 0
3 years ago
Read 2 more answers
What is the best way to display data if you have more than 10 results?​
Yuri [45]
It would depend on the topic
Some options:
-Bar graph
-Line graph
-Pie chart
-Area chart
-Scatter chart
-Histogram
-Map
-Funnel chart
3 0
2 years ago
Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal the number of hours worked per
Anna71 [15]

Answer:

The answer is B.

Explanation:

Marginal Productivity can be described as when every variable in the equation is held constant, it is the amount of productivity gained for every extra hour of labor that is put in.

And according to the information about Joey and his productivity cutting the lawns, we are provided the equation q = 0.2*L which means that for every extra hour Joey works cutting the lawns, Joey's marginal productivity is going to decrease by 0.2 or 20% so the answer is B.

I hope this answer helps.

7 0
3 years ago
Read 2 more answers
Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
dedylja [7]

Answer:

Borrowed amount of $2,500

Explanation:

The computation is shown below;

The Total available balance is

= Beginning balance + Receipts - Disbursements

= $12,000 + $30,000 - $34,500

= $7,500

As the cash should be maintained of $10,000

So,  

The amount to be borrowed is

= $10,000 - $7500

= $2,500

3 0
2 years ago
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