Answer:
a Competency
Explanation:
Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.
Competencies are the sum total of skills, knowledge and capabilities. These are developed over time with application of skills and knowledge.
In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.
This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.
Based on the fact that Wreckorp wants to maintain an exclusivity image and limits its distribution to 100 stores in each region, it is Impossible to determine legality based on the information provided.
<h3>Are Wreckorp's actions legal?</h3>
It is not possible to know if Wreckorp's actions are legal or illegal because the information provided does not give the full facts.
The actions of Wreckorp may be legal if no region is being disadvantaged but it could be illegal if this is the case. More information is therefore needed.
Options for this question are:
- Strictly illegal
- Impossible to determine legality based on the information provided
- Strictly Legal
Find out more on the legality of business actions at brainly.com/question/4556120.
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Answer:
The correct answer is letter "D": the firm should change to a different line of business.
Explanation:
Economic profit is the difference between the revenue a firm earns from sales and the firm's total opportunity costs. It is important to distinguish between accounting profit and economic profit. Accounting profit is total revenue minus the explicit costs of producing goods or services. Economic profit includes the opportunity costs a company losses or gains by choosing a route to pursue revenue. If a firm has an economic profit of zero, it implies the company should start looking for alternative ways to generate income.
