All categories

3 years ago

Competitive advantage

Business

1 answer:

ArbitrLikvidat [17]3 years ago

4 0

Answer:

True

Explanation:

Competitive advantage is an economic category, which means that an economic entity has unique characteristics that distinguish this economic entity from other similar entities in the market. Competitive advantages and disadvantages are identified in the process of comparing the elements of activity of market participants with elements of the activities of rivals. So, for example, you can determine whether a business idea is better or worse, the name of the created or acquired company, the composition of the personnel, management and top management of the company, business models, tools and objects of work used in business, business communication.

Know what you'll should make your owner's make your own more with your competitions with combinations - when if you do not follow throughout with this, that will not make anythorize - will not use - if you don't make anything - will not use more throughout. If you compete with the same product or service as many of your other competitors in the market, you can only compete in terms of price: this market is affordable to buyers (buyers' market) and prices will decline. This is typical of many creative businesses that are not commercially successful. On the other hand, prices are rising in a market with more favorable terms for sellers, and a monopoly (monopoly) is created, which is the strongest customer position. Profitable strategy changes your position from price competition to monopoly position. You can increase the prices of the products and services you offer on the market.

You might be interested in

Economist robert reich advocates that the outsourcing of productive activities to different suppliers results in the creation of

Digiron [165]

The creation of "Worldwide Products"—items with a global focus—results from the outsourcing of productive tasks to various providers.

<h3>What are Worldwide Products?</h3>

The aggregate gross national income of all the nations in the globe is known as the gross world product (GWP).Because imports and exports are exactly balanced when looking at the entire planet, this also equals the total global GDP. The nominal GWP in 2013 was around 75.59 trillion US dollars, according to the World Bank. The GWP was around $80.27 trillion in nominal terms and was over 127.8 trillion international dollars in terms of purchasing power parity in 2017, according to the CIA's World Factbook (PPP).

To learn more about Worldwide Products from the given link:

brainly.com/question/15283031

#SPJ4

6 0

1 year ago

Maria is flagged as a special customer at your firm because she is a satisfied customer, returns to your company to buy, puts he

KIM [24]

Answer: Advocate

Explanation: In simple words, advocate level is the topmost stage in the loyalty ladder. In this stage, the customer gets used to for the brand and along with repurchasing it he or she also works as a promotional toll for the brand.

In the given case, Maria has been repurchasing the products from the firm and is also praising the brand online. Hence we can conclude that she is on the advocate rung.

4 0

3 years ago

DeLong Corporation was organized on January 1, 2017. It is authorized to issue 14,500 shares of 8%, $100 par value preferred sto

DanielleElmas [232]

Answer:

Jan. 10

Cash $507,00 (debit)

Common Stock $507,00 (credit)

Mar 1

Cash $566,500 (debit)

Preferred Sock $515,000 (credit)

Share Premium : Preferred Stock $51,500 (credit)

April 1

Land $91,000 (debit)

Common Stock $91,000 (credit)

May 1

Cash $420,000 (debit)

Common Stock $420,000 (credit)

Aug 1

Legal Expenses : Attorneys bill $39,500 (debit)

Common Stock $39,500 (credit)

Sept 1

Cash $80,500 (debit)

Common Stock $80,500 (credit)

Nov 1

Cash $222,000 (debit)

Preferred Sock $200,000 (credit)

Share Premium : Preferred Stock $22,000 (credit)

Explanation:

<u>Common Stocks are at no par value:</u>

This means that ,

1.When Common Stocks are Issued, the value is the issue price there is no share premium reserve on it.

2. For consideration paid in Common Stocks, value of stocks would be the same as the cost at initial recognition. For example the Purchase of Land on April 1. Initial recognition is at Asking Price of $91,000. Hence common stocks are issued at $91,000.

<u>Preference Stocks are at $100 par</u>

This means that,

1.Any issue of Preference Stock made in excess of par value is accounted in the Preference Share Premium Reserve.

5 0

2 years ago

Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual

Ivan

Answer:

Flexible budget cost variance= $6,400 unfavorable

Explanation:

<u>To calculate the flexible budget cost variance, we need to use the following formula:</u>

Flexible budget cost variance= (standard costs*actual quantity) - actual costs

Flexible budget cost variance= (6*27,500) - 171,400

Flexible budget cost variance= 165,000 - 171,400

Flexible budget cost variance= $6,400 unfavorable

3 0

2 years ago

1. The<br> is the sum total of business activity in an area,

levacccp [35]

The <u>economy </u>is the sum total of business activity in an area.

<h3>What is the economy?</h3>

The economy of a country is its status in relation to the production and utilization of goods and services, as well as the supply of money.

This domain includes the:

Production,
Distribution, and
Trading of products and services by various agents.

The economy is described broadly as a social domain emphasizing the activities, discourses, and material manifestations linked with the creation, use, and administration of scarce resources.

Learn more about the Economy here:

brainly.com/question/1690575

3 0

2 years ago