Answer:
company B
company B
Explanation:
A company has comparative advantage in production if it produces at a lower opportunity cost when compared to other companies.
Opportunity cost of producing cell phones
company A = 100 / 50 = 2
company B = 200 / 150 = 1.3
The opportunity cost of company B is lower than that of company A. Company B has a comparative advantage in the production of cell phones
A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Company B produces 200 computers while company A produces 100 computer. Company B has an absolute advantage in the production of computers
Answer:
Be confident and make a good impression!
Explanation:
You can make a resume with a cover letter for your future employer. Just use the internet to search it, if you don't have any information in certain areas don't worry. They will usually give you an application to fill out asking for your name, address, and basic information. If you have any questions ask your parents. Be confident and good luck, I am sure you'll get the job!
A combination of the product, company, and salesperson.
Answer:
<u>Retail Strategy</u>
Explanation:
A retail strategy refers to a future course of action, adopted by a retailer, with respect to the kind of goods and services that would be provided, the pricing strategy i.e deciding upon the price to be charged, the ways to withstand and overcome competition and to keep customers satisfied and maximize profits at the same time.
This activity would also take into consideration, how the products would be displayed and promotion.
In the given case, The salon owner while developing strategy, decided upon gaining a competitive edge over the other salon operators by providing similar services at a reduced price, with employment of well trained staff, and offering heavy discounts on specific services on Wednesdays.
This represents development of a retail strategy.
