An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.
This is further explained below.
<h3>What is
a competitive advantage?</h3>
Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.
In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.
In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.
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Complete Question
management information systems allow managers to build upon an organization’s existing strengths to create
elastic demands.
competitive advantages.
SWOT analyses.
barriers to entry.
Answer:
Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.
Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.
Answer:
correct option is $0
Explanation:
given data
purchased truck = $270,000
transportation and calibration costs = $30,000
life = 20 years
financed period = 15 year
solution
we know here that some expenses like insurance and depreciation etc is allocated by systematic and the rational procedure for some period
so that during that period related asset is expected to provide the benefit
and acquisition of capital asset is not record as expenses
we know appropriate property and plant or the equipment assets account are debit on purchases
so that Depreciation expenses are recorded to reflect the allocation of costs of the asset to operation over service life of assets
so here correct option is $0
Answer:
D. $33.47
Explanation:
The computation of overhead cost per skateboard using an activity-based costing system is shown below:-
Total Expected Activity
Activity pool cost Overheads Activity Rate
Setup cost $6,550 665 9.85
Engineering cost $16,000 1,120 14.29
maintenance cost $91,450 4,353 21.01
Activity pool cost Rate Driver Overhead cost
Setup cost 9.85 320 3,152
Engineering cost 14.29 630 9,002.7
maintenance cost 21.01 2,178 45,759.78
Total Overheads cost 57,914.48
Number of units 1,730
Overhead cost per unit $33.48
Therefore for computing the overhead cost per unit we simply divide the total overhead cost by number of units.
She is not being proactive and waking up early enough to get on the bus
