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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.

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Peter was in the market for a new boat to use at his lake house. He attends the local boat show with his neighbor Sean. He sees
liq [111]

Answer:

As the salesperson person gave the offer to Peter which he was not sure about, Peter said that he will come back in an hour but Peter didn't came instead his neighbour Sean came and asked salesperson to buy that boat on the price he told to person to according to the rule of offer this offer was made to Peter not Sean. If Peter would have accepted it then salesperson and Peter would be in contract but in this case now the offeror is Sean and Offeree if salesperson so it is up to him to accept the offer. Until the salesperson does not accept the offer then contract has not been form. If the salesperson accepts the offer of 35,750  then the contract will be formed.

3 0
3 years ago
a. Suppose the Federal Reserve wants to increase the money supply. What should it do to accomplish this goal
Ne4ueva [31]

If the Federal reserve want to increase the money supply what they would do would be to reduce or lower the discount or the interest rate in the economy.

When the interest rate is lowered, it would discourage savings. There would be an increase in the consumption of goods and services in the economy.

Also lowering the discount rate is going to cause the banks to want to borrow more reserves from the Fed. It would then be able to create more loans.

This would lead to a raise in the money supply.

Read more on brainly.com/question/2238267?referrer=searchResults

6 0
3 years ago
Imagine you’re working on an important project at work. You’re writing some content about space exploration for your client. You
dem82 [27]

Answer:

Subject: Request List: Approved Reference Books for Space Exploration Article

Dear Mr. Jackson,

I am writing to request you to email me the list of approved reference books for the space exploration article. We had discussed some tentative suggestions in our previous meeting. We are a bit behind schedule with writing the article. The reference book list will be a great help to us. Thank you for your time in considering this request.

Sincerely Yours,

Janice Collins

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2563 Maple Road

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Tel: (123) 456-7890

THIS IS THE EXAMPLE ANSWER!

8 0
3 years ago
In order to increase the capital stock, society must divert ______ that could be otherwise used to increase the supply of _____
mr_godi [17]

In order to increase the capital stock, society must divert resources that could be otherwise used to increase the supply of consumer goods.

Consumer goods:

  • Consumer and capital goods are the two main categories of products produced in the economy, and if capital stock has to rise, resources for capital goods must also rise, reducing the supply of consumer goods.
  • Customer goods are items that the typical consumer purchases for consumption. Consumer goods, also known as final goods, are the products of production and manufacture and are what shoppers will find placed on store shelves. Consumer goods include items like jewelry, clothing, and food.
  • Any tangible good produced and later purchased to satiate the buyer's present requirements and perceived wants is referred to as a consumer good in economics. Durable, nondurable, and services are the three subcategories of consumer products.
  • Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.

Learn more about consumer good here brainly.com/question/23107379

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3 0
2 years ago
Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe
Vinvika [58]

Answer:

Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual

Explanation:

Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.

A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.

4 0
3 years ago
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