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Sliva [168]
2 years ago
13

The objective of a competitive strategy is to establish a competitively powerful value chain. grow revenues at a faster annual r

ate than rivals are able to grow their revenues. lend greater detail to the company's business model. provide buyers superior value relative to the offerings of rival sellers in order to attain a competitive advantage. get the company into the best strategic group and then dominate it.
Business
1 answer:
asambeis [7]2 years ago
7 0

Provide buyers superior value relative to the offerings of rival sellers in order to attain a competitive advantage.

<h3><u>Explanation:</u></h3>

The strategy or the plan that is being used by a company in a long term for the purpose of gaining advantage over the competitors of the similar field refers to the Competitive Strategy. The main aim of using competitive advantage in the creation of a defensive position so that the competitors will not compete with the company and also aims in attaining higher return on investment.

The types of competitive strategies are differentiation strategies,focus strategies and  Cost-leadership strategies. Thus competitive strategies aims in providing superior value to the offerings given to the buyers and gaining a competitive advantage.

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8 0
3 years ago
A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine
adoni [48]

Answer:

b. enterprise system

Explanation:

Enterprise System -

It is also known as enterprise resource planning ( ERP ) .

It is a type of cross - functional information system which give the organisation wide integration and coordination about the business process which enable to plan the efficiently the resources of the business .

Many organisation in recent times , adapt to alter some of the distinct data and information , with the help of a common or one system which can enable to help the activities of the business , such function are known as enterprise system .

hence , from the question , the correct term according to the given information is b. enterprise system.

4 0
3 years ago
Data on consumer spending per capita or industrial purchasing trends would be identified in the ________ section of a global mar
larisa [96]

Answer:

The right approach will be "Economic".

Explanation:

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8 0
3 years ago
Which of the following are reasons that the short-run aggregate supply curve slopes upward? Check all that apply. As the price l
il63 [147K]

Answer:

As the price level rises, firms expand their production because they can sell their output for more money.

Explanation:

As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.

Please find attached a graph showing the short-run aggregate supply curve

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3 years ago
Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rathe
enyata [817]

Answer:

E. Quantitative easing  and  Buying short-term U.S. Treasury securities

Explanation:

8 0
2 years ago
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