Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputation for excellent customer service will most likely result in a sustainable competitive advantage.
<h3><u>
Explanation:</u></h3>
When a firm offers its customers with any products that has higher quality and benefits or lower price that its competitors then it refer to the competitive advantage. It is the advantage that the firm attains when compared with their competitors.
There are many different kinds of competitive advantage that can be used by a firm such as cost, product differentiation, niche strategies, etc. It is the thing that is absent in the competitors. In the given example, Nordstrom has well known reputation for the service that it gives for its customers and hence it is the likely result of sustainable competitive advantage.
Answer:
FV= $7,435.74
Explanation:
Giving the following information:
Initial investment= $6,400
Interest rate= 1.5%
Number of periods= 10 years
<u>To calculate the value of the account in ten years, we need to use the following formula:</u>
FV= PV*e^(i*n)
FV= 6,400*e^(0.015*10)
FV= $7,435.74
Answer:
True
Explanation:
The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.
So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.
cheers.
Answer:
Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.
Carry learning!
Study hard!
Brainliest please!
Thank you
Answer:
Original cost of the stock = $23.16
Explanation:
Original cost of the stock = Selling price of stock / ( 1 + r )^n
Original cost of the stock = $50 / (1+8%)^10
Original cost of the stock = $50 / (1.08)^10
Original cost of the stock = $23.16
