Answer:
A sustainable competitive advantage
Explanation:
In a market that is perfectly competitive, firms offer products that are similar. They have to constantly seek ways to maintain their competitiveness by differentiating their product from others.
Maintaining an excellent customer service culture that goes the extra mile to solve customer problems is one of the ways to maintain competitive advantage.
Nordstrom is using this effectively to differentiate their services.
Answer:
Automation
Explanation:
Automation of production to get effeciency.
b, ragtime is the complete origin of jazz music
Answer:
open market operation
Explanation:
Open market operation is the mechanism of Fed to alter money supply. To increase the money supply, Fed will buy financial securities such as Treasury bills from large banks or security dealers so there is more money deposit in the account of those who buy securities from Fed. Thus, there is more money available for loan hold by the banks resulting in an increase in the money supply. Fed does otherwise to reduce the money supply.
Answer:
<em>The process of converting current dollar values into real terms is called </em><em><u>deflating</u></em><em> while the process of adjusting nominal quantities to maintain their </em><em>purchasing</em><em> power is called </em><em><u>indexing</u></em>
<em>Deflating</em><em> </em><em>-</em><em> </em><em>convert nominal value into real value; translating a dollar value from one point in time for a real value in another point in time.</em>
<em>Indexing</em><em> </em><em>-</em><em> </em><em>adjust nominal value to hold real value constant; ex. social security benefits. </em>
