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Answer: Overall Cost Leadership
Explanation:
Porter posited that one way a company can attain a competitive advantage in an industry is by overall cost leadership.
This means that the company needs to be able to produce goods and services in a cheaper and more efficient way than its competitors because then it can sell its products for cheaper prices and capture more market share.
One way of achieving cost leadership is by constructing efficient, large-scale facilities that will enable the company to take advantage of economies of scale and achieve less costs per unit.
Answer:
Within her role as a small business consultant, Alexa analyzes how organizations fit into their industries, the communities, and the broader social environment. This type of analysis involves the management skills which is:
E. Conceptual
Explanation:
- The conceptual management skill allows the Alexa to analyze the process that how organizations fit into their industries, the communities and the broader social environment.
- The human management skill as well as delegations don't help to analyze this process specifically.
- Similarly, the organizing and technical skills are also not relevant to this process of understanding that how organizations are fit into their industries.
Answer:
The correct answer is option a.
Explanation:
A monopoly firm is a price maker. It faces a downward-sloping demand curve.
The marginal revenue curve is also downward sloping.
The profit is maximized at the point where marginal revenue earned is equal to the marginal cost incurred.
The marginal revenue curve lies below the demand or average revenue curve.
So, option a is the correct answer.
Answer: Inconsistency
Explanation:
The inconsistency is the term which is used to refers to the difference between the different types of ideas and services which is provided to the people depends upon their capabilities and the performance.
According to the given question, The Inconsistency is one of the unique elements that best illustrating the given example about the services as Waded is received a help for picking out the new printer.
On the other hand, Cheryl is one of her roommate and when she visit the Best Buy she does not provide any type of help. So, that is why based on the given situation is basically refers to the inconsistency in the services that is provided by the Best Buy.
Therefore, Inconsistency is the correct answer.
