Answer:
A set of factors (analogous to cost drivers) that are particularly effective in having a strong differentiation effect
Explanation:
Value drivers refers to the value addition to a product or a service by a firm, which drive customers towards purchasing such products. Such additions also help distinguish a firm's own products from those of the competitors.
Value drivers could be in the form of using superior latest technology or creation of better brand awareness, etc. Such drivers also help the firm attain a competitive advantage over it's rivals.
Competitive advantage refers to possession of some unique resource or skill, which is hard to be replicated by the rival firms and which helps such a firm gain a competitive edge in the industry. For example, highly skilled workforce.
A firm strives to add more and more of such value drivers so as to gain competitive advantage in as many business spheres as possible and realize it's business goals effectively.
Answer:
Contract theory
Explanation:
Contract theory -
It refers to the study of the ability of the people or the organisation to generate and develop the legal agreements is referred to as the contract theory .
The theory is based on economic as well as financial behaviors .
The method is helpful to provide information about the contracts and their provisions along with the memorandums of understanding and letters of intent .
Hence , from the given information of the question ,
The correct answer is Contract theory .
I just took this test a few days ago and the answer was none of the above. Hope this helps.
Answer:
b. Buy £1,000,000 forward for $1.50/£.
Explanation:
Let's say for instance, we agree to make purchase of €1,000,000 and then forward for $1.50/€ and we assume that the price turns out to become $1.62/€ in three months time, the expected profit will be $12,000 = €1,000,000 ($1.62 - $1.50)As we can see, answer d looks convincing from an accounting standpoint, but it is wrong because the question asks us to make money with a forward contract, not by holding a particular spot. The correct option should be option b.
brand mark, it is one of the most well known brand marks
