A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
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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
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It was invented by the ancient egyptians who began growing plant in containers
Answer:
Self serving bias
Explanation:
A self servicing bias has to do with an act of taking credit for a positive result or outcome for example if a student passes an examination he will claim it happened because he studied well for the exam but if you get a bad grade he will claim that the teacher purposely failed him or the test wasn't fair.
1. Setting a reasonable goal , it is hard to gain and obtain many items during this pandemic so the goals must be reasonable and small. Making lists on what you need will be helpful , including time plans and funding
2.finding a way to achieve these items in a manner that won’t cause your self harm or others harm , it also must be done in a sustainable way
3.making a text book file of what you have used , bought , how you’ve used your time , what you have done to achieve your goal
4. ( your answer , to make it easier , what do you want to achieve after school or at the end of school/college / uni. What do you want to do in 3 years time , is there something you want to make?)
