All categories

2 years ago

When comparing mission statements of rival firms, perhaps the most important component to examine is what?

Business

1 answer:

Veseljchak [2.6K]2 years ago

5 0

Answer:

Self-concept.

Explanation:

Self concept is expressed in a companie's mission and it is the perception one has of his goals, characteristics, behaviours, and abilities.

It is a picture of what we think we are. In a business self-concept is important because it dictates the way we act and think on a daily basis.

When comparing mission statement of rival forms it is beneficial to try and get insights into their self-concept, so that strategies to compete with them can be formulated.

You might be interested in

Lily created comment cards to give to customers during the month of July. She takes all the feedback she received and determines

const2013 [10]

She works in marketing. Apex:)

8 0

3 years ago

Read 2 more answers

A firm has the production function y = min{x1, x2} + min{x3, x4}. This firm faces competitive factor markets where the prices fo

ANTONII [103]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

2 years ago

The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp

Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0

2 years ago

FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving

Deffense [45]

The proposed response of Adam Smith based on each scenario is given below:

<h3>Scenario 1</h3>

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

<h3>Scenario 2</h3>

He would side with the free market system and be an opponent of the law that frowns on importation.

<h3>Scenario 3</h3>

He would support the suspension of the antitrust laws.

<h3>Scenario 4</h3>

He would believe that markets should not be regulated and the free market system should continue.

<h3>Who is Adam Smith?</h3>

He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product

Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.

When comparing mission statements of rival​ firms, perhaps the most important component to examine is​ what?

When comparing mission statements of rival firms, perhaps the most important component to examine is what?