A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
<h3>
What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
To learn more about competitive advantage with the given link
brainly.com/question/15095207
#SPJ4
Answer:
Giuseppe is using a schema to help him reconstruct his memory for the event.
Explanation:
A schema consists of a cognitive frame or conceptualization that contributes to the organization and interpretation of information. Schemas can be helpful in that they make it possible for us to interpret the large amount of information that sorrounds us with less effort. In the case of Giuseppe, he is making use of it in order to recapitulate past information about the wedding to which he attended.
Answer: 988 km or 614 miles
Explanation:
No map attached however I used a map with a scale of 1.7cm : 200 km to find that the straight-line distance was 8.4cm.
This means that the actual straight-line distance is;
1.7x = (8.4 * 200)
x = 1,680/1.7
x = 988 km
Integrity vs despair is the eighth and last stage of Erik Erikson's scenic theory of psychosocial development that includes evaluation of life and choices in everything that has been done, in things enjoyed, in failed plans, etc.
Erikson's theory proposes that individuals go through eight distinctive phases of development as they progress and change through life.
- In the integrity vs despair stage, the conflict focuses on debating whether or not the individual has led a good life.
- People review the life they have led and come away with a sense of realization in a life well lived or a sense of disappointment at a life wasted.
Therefore, we can conclude that the last stage of Erik Erikson's Theory of Psychosocial Development is integrity vs despair that appears from late adulthood, and until death.
Learn more here: brainly.com/question/12538636
