1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
3 years ago
15

Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers,

partners, and industries that analyzes patterns, trends and relationships for strategic decision making. Evaluates an organizations strengths, weaknesses, opportunities, and threats. Extraction of information from data and using it to predict future trends and identifying behavioral patterns. is a feature of a product (or service) on which customer
Business
1 answer:
Alekssandra [29.7K]3 years ago
5 0

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

You might be interested in
How has MTV networks international overcome cultural difference to create a world band
ikadub [295]

Answer:

YNW's ah family YNW's ah family

Explanation:

4 0
3 years ago
If a monopolist increases sales from 100 to 101 units of output by lowering its price from $4.00 to $3.99, its marginal revenue
Goshia [24]

Answer:

Marginal revenue is $2.99

Explanation:

A monopoly is defined as a situation where a single supplier determines the price and amount of a good that will be supplied.

Marginal revenue is defined as the additional revenue that is earned from increased unit of sale of a product.

The initial revenue earned is 100 units* $4= $400.

The present revenue is 101 units* $3.99= $402.99

Therefore the additional revenue is 402.99-400= $2.99

8 0
3 years ago
Read 2 more answers
All of the following are examples of financial stability except. a. being able to save for retirement. b. being able to pay bill
Setler79 [48]

Answer:

d. living paycheck to paycheck

Explanation:

Being financially stable means the ability to generate sufficient income to meet current and future expenditures. It means one can comfortably pay current bills, and have enough to meet for unexpected or emergency expenses.  A financially stable person can afford the basic need as well secondary needs such as education, investments, and vacations with ease.

From the list provided, examples of financial stability will include the ability to save for the future, meet current bills, and not living paycheck to paycheck. Living from paycheck to paycheck means a person spends all his or her earnings within the month. In most cases, their monthly budgets exceed income. The individual may have slightly enough or insufficient resources to last them until the next payday.

4 0
4 years ago
On February 1, a customer's account balance of $2,700 was deemed to be uncollectible. What entry should be recorded on February
Anvisha [2.4K]

Answer:

On February 1, a customer's account balance of $2,700 was deemed to be uncollectible.

The entry to be recorded on February 1 to record the write-off assuming the company uses the allowance method is:

Debit Allowance for Doubtful Accounts $2,700; credit Accounts Receivable $2,700.

Explanation:

Using the allowance method, every bad debt entry is first reflected in the Allowance for Doubtful Accounts before it is taken to the bad debt expense account.

The entries above reduce the Accounts Receivable account by the amount of the write-off and reduces the Allowance for Doubtful Accounts by the same amount.  Any recovery of written off debt is also treated in the Allowance for Doubtful Accounts and the Accounts Receivable account in revised order.  This method is unlike the direct write-off method.  With the direct write-off method, the Accounts Receivable is credited with the amount of the write-off and the write-off is expensed in the Bad Debts Expense account directly.

5 0
3 years ago
A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by
lilavasa [31]

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

3 0
4 years ago
Other questions:
  • The biweekly taxable wages for the employees of rite shop follow. Compute the FICA taxes for each employee and the employers FIC
    10·1 answer
  • Carrejo Corporation has two divisions: Division M and Division N. Data from the most recent month appear below:
    6·1 answer
  • Market size and growth rates in different countries can be influenced positively or negatively by A. population sizes, income le
    6·1 answer
  • ÂOaktree, Inc. is a merchandiser of inlaid wooden boxes. The company sold 7,500 units during the year. The company has provided
    7·1 answer
  • An investment offers a total return of 14.0 percent over the coming year. Janice Yellen thinks the total real return on this inv
    12·1 answer
  • Coaches can receive a bonus from the booster club at the conclusion of a season.
    9·1 answer
  • A company issues a 10-year, callable bond at par with 8% annual coupon payments. The bond can be called at par in one year after
    14·1 answer
  • The financial statements of the Bramble Corp. report net sales of $473850 and accounts receivable of $56000 and $25000 at the be
    12·1 answer
  • Nepal is secular country​
    13·1 answer
  • To convert a balance sheet into a commonsize balance sheet statement, we restate all the numbers as percentages of ________. a.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!