Answer:
competitive advantage
Explanation:
A competitive advantage is the ability of a company to perform better than its competitors based on a unique value it offers to consumers. For example exclusive access to a resource, low pricing of same goods with competitors, highly skilled labour, geographic location, and brand recognition.
ABC manufacturing employs top professionals, so it is leveraging on its highly skilled labour to get competitive advantage in the industry.
Answer:
False
Explanation:
Soft money is a donation not directly given to a candidate but to a party to be used in National Committees, but not in a federal campaigners.
It is not so regulated as the Hard Money.
Since the Supreme Court has allowed this in 2014 after being banned by legislation in 2002 (<em>Bipartisan Campaign Reform Act</em>) it is not illegal. But it has some rules.
The bigger the house is the better for you
Business functions refers to the critical activities that are very essential for the survival of a business. A typical business is usually divided into many functions or departments.
A typical supermarket will have the following business functions or departmental units: marketing, sales, accounting, purchasing, computing, advertising, human resources, etc.<span />
Answer:
Turn the company into a public Enterprise.
Explanation:
Among options, the option to turn the company into a public enterprise is the most viable, thanks to the advantages of Public Enterprises including:
• Charges low prices.
• Provide essential facilities like education, health, free or at reduced prices.
• Ensures efficient control of industry.
• Expert administrative services.
• Money can be made available for R&D
• Private monopoly which would cause high prices is avoided.
• Foreign denominations of the economy are avoided.
In which, “money can be made available for R&D” is critical objective of government.