Introduction
This is so that the product has a USP as it is introduced to the market, resulting in a further profit as it is different from competitors.
Answer:
The correct answer is A. a hotter climate, which makes it possible to produce shirts outdoors, eliminating the need for factory buildings and hence reducing costs.
Explanation:
The principle of comparative advantage explains why countries benefit from international trade. This term was first raised by Adam Smith when referring to the specialization in production. Later it was David Ricardo who developed the concept as it is understood today, in his book "On the Principles of Political Economy and Taxation", published in 1817, where he develops Your own trade theory.
When comparing two countries, even if one of them has an absolute advantage in the production of two goods in relation to the other, it may be possible for both countries to obtain a profit by trading between them. The key lies in the fact that each country should only produce that good that has the lowest opportunity cost. When a country specializes in goods in which it has a comparative advantage, total production increases.
Following Ricardo's example, Portugal can produce cloth and wine with fewer productive factors than England. However, the opportunity cost of Portugal when producing wine is lower than when producing cloth, while in the case of England the opportunity cost of producing cloth is lower. If Portugal specializes in the production of wine and imports cloth, and England specializes in the production of cloth and imports wine, both countries can benefit from their comparative advantage.
Answer:
The options for this is question are the following:
a. operational
b. hazard
c. strategic
d. all of the above
The correct answer is D. All of the above.
Explanation:
Business risk is the possibility that they derive from the losses of the market position, the business position, compared to the markets in which they operate.
It can also be said that a business risk is a circumstance or factor that can have a negative impact on the operation or profitability of a given company.
Business risks can be included in the strategic risks of an organization. Strategic risks are risks that arise from the strategic position that the organization takes in the environment in which it carries out its activity, therefore they have a double source: on the one hand the strategic decisions taken by the organization and on the other the environment in the that these decisions materialize. Everything that affects the organization in its macro environment.
Answer:
A. Diamond's list of clients
Explanation:
Trade secrets law covers Diamond's list of clients
Answer:
Yes, Loan would meet our requirement to commute for an impressive summer internship program next year
<u>Explanation:</u>
Taking a loan would meet our requirement of buying a car. We will be able to make the downpayment. This will enable us to buy a car. So the decision to take the loan will be valid.
It will help us in commuting easily for the summer internship program. We will immediately get the car after making down payment and will avail of the benefits of using the car. This is a healthy type of debt.
