Blake wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles around." the locals agreed that the food was good.
They also agreed that if you decided to eat there, be prepared to wait. food preparation and service were slow. although blake’s motto stated the business’s competitive advantage, your accurate advice to blake would be the winning competitive advantage is one that addresses quality and service.
A competitive advantage is what sets a company apart from its competitors, in the eyes of its consumers. These advantages allow a company to achieve and maintain superior margins, a better growth profile, or greater loyalty among current customers. A competitive advantage is often referred to as a “protective moat.”
There are three fundamental strategy options open to firms for attaining a competitive edge, according to Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these.
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Answer:
The basic principle is known as the opportunity cost
Explanation:
The opportunity cost is defined as something that you are not earning because you don't do a revenue activity.
In this case, Sharon doesn't receive $9 per each hour that she prefers to go to the swimming pool. Also, she is expending $4 additional to the opportunity cost each time that she goes to swim.
<em>For example, if she goes to swim 2 hours a day instead of work them, we can conclude that she isn't earning $18 and lossing $4 additional for the fee entrance to the swimming pool. </em>
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Please, note that, are different the concepts of "let of earning" and "lossing". First one talks about money that you never have had and the second is about money that you had but now you don't.
A<u> "trait"</u> appraisal assesses employees on subjective attributes like attitude or leadership.
A trait is a trademark that an individual has. Traits incorporate things, for example, appearance, state of mind, activity, hard working attitude, initiative capacity, a feeling of morals, reliability, versatility and judgment.
Trait appraisals are easy to create and simple to score, yet they are likewise very emotional. Inside an organization or work gathering, trait appraisals will in general reward representatives who are all the more cordial, adaptable and innovative.
Answer:
D) $0
Explanation:
The insurance company paid $250,000 to Grant to cover the loss of his house and that amount was 100% of the fair market value of the house. To calculate any casualty gain or casualty loss the money received form the insurance company should have been either larger or smaller than the fair market value of the house.
Answer:A. Reconstitute the system
Explanation:A Rootkit is a combination of malicious softwares which are used by Hackers to steal previledged information or data from a system. This Hackers usually make use of Keyloggers, antivirus disablers, password disablers to prevent a person or an organization to have access to its system. It has been established that after a Rootkit the only advisable action is to Reconstitute the system, reconstitution will enable you to wipe out all system information and start all over to input new details.
