Joseph Swan but Thomas Edison later capitalized on the invention by improving it
This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
<h3>What are the important competitive advantage?</h3>
Competitive advantage will give a market an edge over another market.
This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.
Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
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The proportion of assets that are financed with debt can be calculated using the <u>debt </u>ratio.
The phrase "debt ratio" refers to a financial ratio that assesses how much leverage a business has. The ratio of total debt to total assets, represented as a decimal or percentage, is known as the debt ratio.
The percentage of a company's assets that are financed by debt is one way to understand it.
An asset-to-asset ratio greater than 1 indicates that a significant portion of a firm's assets are financed by debt, which indicates that the corporation has more liabilities than assets.
If interest rates abruptly increase, a company with a high ratio may be at risk of loan default. A ratio lower than 1 indicates that equity funds a larger proportion of a company's assets.
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Answer: (A)
If both companies collude and agree on the best joint strategy, then neither of them will advertise.
Explanation:
If PM Inc. and Brown Inc. agree on a strategy that is best for both of them, then they would decide not to advertise as this line of action will earn them both $50 million, which is higher than they stand to earn if they both advertise.
Answer: investment Income
Explanation: By Carrying the Investment at fair Value or by using equity method would ensure that the investment income is spread adequately across the Corporation over the years be it two years or three years. This would also help the corporation to make proper planning around their budget and finances as regards to units in the corporation.
