It is known as competitive advantage.
Competitive advantage refers to factors that allow a company to produce goods or services more efficiently or at a lower cost than competitors. These components allow the manufacturing unit to generate more sales or profits than its competitors in the market.
It is the favorable position that a firm seeks in order to outperform its competition.
Competitive advantages are classified into two types: comparative advantages and differentiated advantages.
A company's comparative advantage is its ability to manufacture something more effectively than a rival, resulting in larger profit margins.
A differential advantage occurs when a company's goods are seen to be both distinctive and of greater quality than those of a rival.
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Answer:
B) $135 F
Explanation:
The computation of the variable overhead efficiency variance for supplies cost is given below:
= (Actual hours - Standard hours) × Standard Rate
= (10,930 hours - 3,800 × 2.9 hours) × $1.50 per hour
= (-90 hours) × $1.50 per hour
= $135 favorable
Hence, the variable overhead efficiency variance for supplies cost is $135 favorable
Therefore the option b is correct
Explanation:
Qualitative analysis;
The given case belongs to real options in finance terms where the project offers tangible assets in comparison to financial instruments.
The project is of real option. The value of any real option would be more when:
- the project under consideration is very risky
- With respect to timing option value, there is time to change the decisions
Having said that, since project is risky and investment can be made later, hence it would be more feasible to wait and observe
Answer:
42,000 yards
Explanation:
The order point must account for the total usage during the lead-time plus the desired safety stock.
If the lead-time is 10 days, the daily usage is 3,000 yards, and Sully desires a safety stock of 12,000 yards, the order point must be:
Sully's order point is 42,000 yards.
In the long run, the increase in money growth will change price levels and inflation.
<h3>What is money neutrality?</h3>
Money neutrality is an economic theory that changes in money supply do not affect real variables but only affect nominal variables. As a result, monetary policy is neutral in the long-run and affects real variables in the short-run.
Here are the options: (A) The price level. (B) The level of technological knowledge. (C) The quantity of physical capital. (D) The inflation rate.
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