Strategy is a sustainable and dominant market share the set of actions a firm takes to achieve a competitive advantage.
<h3>What is Competitive advantage strategy?</h3>
Competitive advantage can be explained as factors that influence a company to produce goods or services and be able to stand out compare to her other company in that industry.
These advantages help the company to be able to produce and generate more sales compared to its market rivals.
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Answer:
The required rate of return is 12.2%
Explanation:
Dividend growth model is used to calculate the price of the stock based on the dividend, its growth and required rate of return.
Formula to calculate the price
Price = Dividend / ( Required rate of return - Growth rate )
P = D / ( r - g)
P = $11.54
D = $0.95
g = 4%
Now placing the given values in the formula
$11.54 = $0.95 / ( r - 4% )
r - 4% = $0.95 / $11.54
r - 4% = 8.2%
r = 8.2% + 4%
r = 12.2%
<span>a. </span>No. Since the good that I am selling
is inelastic considering the elasticity given in and outside Texas, having a
lower price than non-Texan gas stations would have less impact on the quantity
demanded.
<span>b. </span>The profit-maximizing price to
charge a Texan for a car wash would be $12.
<span>c. </span><span>The profit-maximizing price to
charge a Californian for a car wash would be $18. </span>
<span>(See attached for the calculations.)</span>
Answer:
The correct answer is d. property could bring prestige, and prestige could bring property.
Explanation:
The textual definition of Weber is the following: "The set of probabilities is inherited property appropriated by an individual or a community or a society; being free property in the event that it is disposable" (Weber, 1922: 36)
.
The "stratum" is the conglomerate of individuals who occupy a similar position in the hierarchy of prestige of a society. These men have a very weak and relative community of culture and gender of life and can hardly become the support of a common conscience and action. The "class" is instead a totality, a group, which is characterized above all by conscience, will and action (organization, party)
Answer: Because <u>decision makers in the market fail to include the costs of their behavior to third parties.</u>
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Hope this helps!
