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Nuetrik [128]
3 years ago
15

A competitive advantage A. refers to actions taken by a firm with the sole intent of putting a competitor out of business. B. th

e cluster of benefits that an organization promises customers to satisfy their needs. C. the added value given to a product beyond the functional benefits provided. D. a unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation. E. those characteristics of a product that make it superior to competitive substitutes.
Business
1 answer:
kotegsom [21]3 years ago
4 0

Answer:

The correct answer is letter "D": a unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation.

Explanation:

A Competitive Advantage is an advantage that a company has over its rivals. Essentially, a competitive advantage is what helps a company to earn profits from higher sales or margins, creating strong shareholder returns. Competitive advantage has two main types:

<em>Comparative advantage</em> refers to the ability of a company to manufacture a good or service at a lower cost compared to competitors. The other form is <em>differential advantage</em> which represents some unique feature in one product or service of a company that is different from its competitors.

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When managers of firms in a competitive market observe falling profits, they may infer that the market is experiencing a. a viol
Oliga [24]

Answer:

c. the entry of new firms

Explanation:

  • The entry of the new firms in the market creating a  market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it  
  • This declines the economic profits in the new and the existing firms as long as the profits exists  in the markets and entry will continue to shift to supply to the right.
  • The diversification of the melt and the fall in the monopoly of the firms start to take place.  
  • They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
7 0
4 years ago
True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
aleksklad [387]

It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

<h3>What is Tax?</h3>

Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.

Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.

Learn more about tax from the link below.

brainly.com/question/25783927

5 0
2 years ago
According to the simple monetary model, if money is growing at 5% in the United States and 6% in the United Kingdom, while real
Murrr4er [49]

Answer:

A)

Since the money supply is growing at a much faster rate than real GDP in the US, this means that the inflation rate in the US will be higher than the inflation rate in the UK. In both countries the money supply is growing at a faster rate, but the difference in the US is larger (money supply is growing 67% faster that real GDP), while the money supply in the UK is growing 20% faster than real GDP.  

This means that the US dollar should depreciate against the British pound.

B)

If you have US dollars, then you should increase your investments in the UK because the pound will be worth more US dollars in the future.

C)

More American goods should be exported to the UK, and less British goods should be imported to the US. Since the US dollar should be cheaper, American products are cheaper. The opposite will happen to British products.

7 0
3 years ago
A way that traditional retailers can compete with online retailers is to: Multiple choice question. use franchises that deliver
Arisa [49]

In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.

<h3>Who is a retailer?</h3>

A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.

Hence, options A, C and D hold true regarding the traditional retailers.

Learn more about a retailer here:

brainly.com/question/22529010

#SPJ1

7 0
2 years ago
Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, I
Arisa [49]

Answer:

15.4%

Explanation:

Calculation to determine your best guess for the rate of return on the stock

The revised estimate on the rate of return on

the stock would be:

Before

14% = α +[4%*1] + [6%*0.4]

α = 14% - 6.4%

α = 7.6%

With the changes:

7.6% + [5%*1] + [7%*0.4]

= 7.6% + 5% + 2.8%

= 15.4%

Therefore your best guess for the rate of return on the stock will be 15.4%

3 0
3 years ago
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