An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.
This is further explained below.
<h3>What is
a competitive advantage?</h3>
Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.
In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.
In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.
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Complete Question
management information systems allow managers to build upon an organization’s existing strengths to create
elastic demands.
competitive advantages.
SWOT analyses.
barriers to entry.
1. Economists use real GDP as a measure of living standards as it eliminates the effects of inflation by using the price index of the base period over the current period, which is also called the GDP deflator.
2. Real GDP per capital. Reason explained above.
3. 5million dollars divided by 100, therefore it would be 5000.
4. False. With the advancement of technology, capital becomes more productive and efficient, meaning they produce more output using the same amount of input.
Answer:
Expand
Explanation:
Since future market demand is not ceratin so company use to invest portion of fund to determine demand of product and opportunity in market. if they find that there is demand and opportunity in market then they invest large amount.
This process is called real option to Expand the business.
Hence, option (expand) is correct answer.
Answer:
Yes and the theory is stereotyping
Explanation:
In a workplace women are subjected to gender stereotyping.
Stereotyping is when there is a wrong belief or idea about people based on they look on the outside.
Most times this is a wrong belief or partially true. It is a form of prejudice because how the person is on the outside is not a true definition of who they are.
In this scenario women are made to feel they were not on the same level as male counterparts during promotions, hiring, and payment.
This prejudice was explained by home Depot to be based on experience. They said most women had experience as cashiers so the could only fill roles like cashier, customer care, and clerk
