Jessica Cervantes is a renowned entrepreneur and business women who advises the new entrepreneurs who are just starting to enter this zone.
<h3>Advice of Jessica Cervantes</h3>
Jessica Cervantes says that new entrepreneurs should have faith in themselves , and this faith and believe must reflect in their products.
She also advised to use all the resources and to reach out to the other entrepreneurs seeking help and advice.
Therefore, Jessica Cervantes motivated and advised the new entrepreneurs who just entered in the field of entrepreneurship.
Learn more about Jessica Cervantes here:
brainly.com/question/9508949
Answer:
The statement is: False.
Explanation:
A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).
Being<em> imitable </em>is the opposite of what a bundle of resources should be.
Answer:
Explanation:
United States is producing 200 tons of hamburgers and 60 tons of tacos.
United States' opportunity cost for producing 1 ton of hamburgers
= 
= 0.3
United States' opportunity cost for producing 60 tons of tacos.
= 
= 3.33
So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.
Mexico is producing 40 tons of hamburgers and 50 tons of tacos.
Mexico's opportunity cost of producing a ton of hamburgers
= 
= 1.25
Mexico's opportunity cost of producing a ton of tacos
= 
= 0.8
So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.
Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.
Mexico specializes in making tacos, it will produce 50 tons of tacos and 0 tons of hamburgers.
Option C
Costly to imitate criteria for sustainable competitive advantage
<h3><u>
Explanation:</u></h3>
Sustainable competitive advantages are business assets, properties, or skills that are hard to replicate or exceed; and render a higher or complimentary long term situation over competitors. A company must produce distinct goals, plans, and methods to create a sustainable competitive advantage.
It needs huge expenditure in time and money to create a brand. It demands very limitedly to destroy it. A good brand is precious because it prompts customers to favor the brand over competitors. A unique product or service increases customer support and is less suitable for a competitor to imitate.
Answer:
$2,210,126
Explanation:
Calculation to determine what The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:
Estimated Warranty Liability=(1%+3%*$184,743,795)-$5,179,626
Estimated Warranty Liability=$7,389,752-$5,179,626
Estimated Warranty Liability=$2,210,126
Therefore The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:$2,210,126
