1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nuetrik [128]
2 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]2 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.

You might be interested in
Explain the meaning of “strong” currency and “weak” currency. what are the advantages and disadvantages of each?
Natalka [10]
Strong currency and weak currency are relative. The terms are used to describe the value and the strength of a currency against other currencies.
 
When in strong currency, one can purchase more foreign currency and consumer will see lower or cheaper prices on foreign products. It helps to keep the inflation low. However, the disadvantage is most of the increase in spending will be in countries that are in weaker currency as consumer will less spend on local products.

If in weak currency, country’s export gets cheaper resulting to increase in sales that will lead to economic growth. The disadvantage is inflation will go higher and it will become more expensive to pay foreign investors that are priced in foreign currency.

8 0
2 years ago
A manager can faithfully execute the decision making process but still end up with nothing of value if _________________________
xenn [34]

A) he fails to identify the correct problem

B) he fails to assign number values to different criteria

C) he solves the problem inefficiently

D) he fails to correctly identify the steps of the process

<u>Answer</u>:

A. He fails to identify the correct problem.

<u>Explanation</u>:

for option b, Assigning number values to decision criteria could be of help in the decision-making process, but it is not what is required for a successful outcome.

for option c, Solving the problem inefficiently is not ideal, but even at that, it is not without value.

for option d, Identifying the steps of the process has nothing much to do with how successful the process will be.

<em><u>This leaves us with option A as the correct answer. it is of no good to solve a problem especially if the problem being solves is the wrong one. Solving a wrong problem is of no good to the organization.</u></em>

8 0
2 years ago
Who's good a economics?
e-lub [12.9K]
I’m pretty good at it why
5 0
3 years ago
Carla is not wealthy but attends a school in the wealthy part of her city. She works at a grocery store after school. Other girl
erica [24]

Form

Explanation:

form because it talks how she needs designer clothes to fit in in its form.handles her clothing

5 0
3 years ago
A company purchased a computer system at a cost of $24,000. The estimated useful life is 6 years, and the estimated residual val
max2010maxim [7]

Answer:

Year 2= $3,333.33

Explanation:

Giving the following information:

A company purchased a computer system for $24,000. The estimated useful life is 6 years, and the estimated residual value is $9,000.

To calculate the depreciation expense for the second year, we need to use the following formula for year 1 and 2:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*[(24,000 - 9,000)/6]= 5,000

Year 2= 2*[(15,000 - 5,000)/6]= 3,333.33

7 0
3 years ago
Other questions:
  • Career cluster help identify the knowledge and skills needed to;
    15·1 answer
  • Which of the following would be an effective way to let a national producer of children’s toys know that its products are substa
    11·1 answer
  • Pensacola Inc exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance
    15·1 answer
  • Preferred stocks share characteristics with which of the following? A-Common stocks and corporate bonds. B-Real estate and commo
    7·2 answers
  • When a certain price control is imposed on this market, the resulting quantity of the good that is actually bought and sold is s
    13·1 answer
  • The ________ is the fraction of earnings reinvested in the firm.
    14·1 answer
  • By taking the consumer journey and consumer expectations into consideration in the development, integrated marketing communicati
    13·1 answer
  • If sales are $400,000, variable costs are 75% of sales, and operating income is $40,000, what is the operating leverage
    6·1 answer
  • Out line four roles played by entrepreneurs in Kenya​
    5·1 answer
  • which one of the following documents must normally be approved by the ceo or similarly high-level executive?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!