Answer:
Competitive advantage is about the strengths and capabilities, unique characteristics of any product or service, an individual, or a firm. It is hard to gain a competitive advantage because becoming different and achieving what others or other products do not possess is not at all easy. It requires a lot of time, planning, dedication and determination to grow above all and gain competitive advantage over them.
I got that message about 10 times still don’t care lol
Answer:
Three years from the expiration of the contract
.
Explanation:
Answer:
C) $147,400
Explanation:
Year 2 Year 1
$512,000 $460,800 Common Stock
$960,000 $863,800 Paid-in capital in excess of par
$700,000 $592,800 Retained earnings
When the company issue new shares the values are recorded in the Common Stock accounts and in the Paid-in Capital in excess of par, the increase on this accounts indicates the value of sales:
$512,000 $460,800 = $51,200 Common Stock
$960,000 $863,800 = $96,200 Paid-in capital in excess of par
$51,200 + $96,200 = $147,400
Group of answer choices.
A. what & how; why.
B. why; who & what.
C. how; what & why.
D. what; how & why.
E. why; what & how.
Answer:
D. what; how & why.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
Vision is an ideal future conditions that aligns with the purpose for which an organization or business is in operation. Thus, it's a path that guides an organization into achieving a certain height in the future.
Basically, a vision statement answers the question of what an organization would want to be, by combining its current and future objectives.
On the other hand, a mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.
In conclusion, you should explain that the vision is the what and the mission is the how and why for the company.
