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Lerok [7]
3 years ago
8

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the f

irm's strategic position as either low-cost leader or differentiator. create a static fit between the company's internal resources and the external environment. reduce the causal ambiguity and the social complexity of the firm's source of success. reduce the immobility and the heterogeneity of the firm's resources.
Business
1 answer:
Fiesta28 [93]3 years ago
8 0

Answer:

Contribute to the firm's strategic position as either low-cost leader or differentiator.

Explanation:

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the firm's strategic position as either low-cost leader or differentiator. In order to achieve a sustainable competitive advantage, a firm must either perform its activities in a different way or it should perform totally different activities as compared to their competitors. This is the basic essence and logic behind getting a sustainable competitive advantage. In order to do it, a firm must perform each activity which should contribute to the firm's position in making it either a cost effective producer of the products or making entirely different products. In this way, by either becoming cost-effective leader or differentiator in the market, a firm must gain very strong strategic position in gaining sustainable competitive advantage which will be very hard for the competitors to compete with.

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Since graduating from college five years ago, you have worked for a national chain of men's clothing stores. You have held sever
anzhelika [568]

Explanation:

Sole Propietorship:

Individual ownership is a form of business that is facilitated, where there are not so many rules and formalities and taxes are paid on the company's income. In this business model, there is a single owner of the enterprise who manages the business and is the only one responsible for the company's debts and profits.

The advantages are: low opening cost, low taxes, greater control, easier selling

The disadvantages are: greater liability for debts, less attraction for investors

Partnership:

A partnership is a business model where two or more people come together to open a new business together. Which means sharing responsibilities arising from the business.

The advantages are: less formality than a limited partnership, more simplified accounting, shared responsibilities, easier opening that can be agreed in writing.

The disadvantages are: conflicts over business disagreements, personal conflicts can hinder business, lack of stability, debt sharing

Corporation:

A company is a legal entity, which separates itself from its owners and acquires its own legal responsibility.

The advantages are: tax benefits, less personal responsibility, greater investment attraction, greater capital generation.

The disadvantages are: greater formalization, greater need for capital, greater inspection, greater payment of taxes, greater social and environmental responsibility.

<u><em>What do you think of the proposed name for the business, The Style Shop?</em></u>

The proposed name for the business should be a more specific name, as the name is very generic, there is no specificity that guarantees greater clarity about what the business offers and for whom. An ideal name should be more focused on your potential audience and easier to identify.

3 0
3 years ago
What is an interest rate usually shown as?
SCORPION-xisa [38]
Percentage, hope that helps
7 0
3 years ago
Ferdinand’s employer will match 50% of his $250 monthly contributions to his 401(k). This means that Ferdinand’s employer will p
irina [24]

Answer and Explanation:

The computation of the given question is shown below:-

Total Contributions = Monthly contribution + Amount invested in Ferdinand’s 401(k)

= $250 + $125

= $375  

1. Future Value = PMT [((1 + r)n - 1) ÷ r

Future value = 375 × ((1 + 0.03 ÷ 12) × 12 × 40 - 1) ÷ (0.03 ÷ 12)

= $347,272

2. Ferdinand deposit = Given Amount × Total number of months in a year × Number of years

= $250 × 12 Months × 40 Years

= $120,000

3. The Amount put in by the employer = 50% of $250 ×Total number of months in a year × Number of years

= $125 × 12 Months × 40 Years

= $60,000

4. Interest = Future value - Ferdinand deposit - The Amount put in by the employer

= $347,272 - $120,000 - $60,000

= $167,272

We simply applied the above formulas

4 0
3 years ago
A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies
creativ13 [48]

Answer:

False

Explanation:

It is not necessary to have board-approved policies on environmental management as the only way to indicate that corporate social responsibility practices have become an insignificant factor in determining where multinational corporations conduct business.

7 0
3 years ago
Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike
ANEK [815]

Quick ratio is 1.47.

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets.

Gross Profit 72000 67000

Operating expenses and interest expense 56000 53000,

Pretax Income 2200014000

Income Tax 3000 4000

Net Income 14000 10000

Balance sheet Year? Year

cash 4000 7000

Accounts Receive ab 114000 18000

Taventory 40000 34000,

Property & Equipment 45000 36000

Total Assets 302000 97000

Current Liabilities ‘i6000 4.7000

Long term Liabilities 5000 45000

Common stock 30000 30000

Retained Earnings 1120005000

Total Liabilities & Stock holders equity 10300037000,

L. Current Ratio = Current Assets / Current Liabilities

Year? Year

Current Ratio 36347

2.Quick Ratio

‘Current Assets - Inventory / Current Liabilities

Year? Year

Quick Ratio is 1.47

2.Profit Margin = Net profit /Sales

Year? Year

Profit Margin 737% 5.99%

Learn more about quick Ratio here

brainly.com/question/25894261

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4 0
2 years ago
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