Answer: Its competitive advantage
Explanation: Competitive advantage refers to a situation when a company has some superior position in market than other competing firms.
In the given case, Southwest airlines is operating at low cost due to their high standards in recruitment and cooperative behavior towards their employees. Thus, they are offering something that no other firm is. Hence, due to their special behavior towards their employees they are having low cost and competitive advantage in market.
Answer:
A. divisional structure.
Explanation:
Divisional structure -
It is the pattern of planning and designing the organization into small divisions , is referred to as divisional structure.
The division can be on the basis of the geographical areas .
Huge organisation or companies adapts this method , top have better control on the company .
Hence , from the given information of the question ,
The correct option is divisional structure .
Answer:
d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.
Explanation:
The inventor has a new and innovative product that can change the color of a person's eyes with no negative side effects.
She now has a monopoly in the market. To maximise her profits she needs to set price of the product so marginal revenue is equal to or greater than the marginal cost.
Marginal revenue is the additional income earned per unit produced, while marginal cost is the additional cost incurred with extra unit produced.
When MR is equal to MC the business breaks even, and when MR is greater than MC the business is making profit.
Yes he should be because people had higher expectations