Possible explanations for this include the following, except "government-owned companies tend to be run by less qualified and less competent managers than the private companies".
<u>Option:</u> C
<u>Explanation:</u>
According to a study of reports of plants controlled under the Clean Air Act and the Safe Drinking Water Act from 2001-2011, publicly owned facilities are less likely to face fines or other penalties for violations than those owned and operated by private firms. The reasons given by different experts were like higher regulatory compliance costs, as they often have to go through political processes to raise the money required to upgrade their facilities. And consumers or taxpayers who protest to higher rates and have the political power to block them could face backlashes.
the correct answer is a. Analogy
A firm gathers primary data by conducting surveys, interviewing customers, or mailing out questionnaires. The data gained through the surveys and interviews is a first-hand experience. And the data observed or collected directly from first-hand experience is called primary data. Secondary data on the other hand is published data and data obtained from other parties. <span />
I think it would be D or C
Answer:
either using its low-cost edge to underprice competitors and attract price sensitive buyers in large enough numbers to increase total profits or refraining from price-cutting and using the low-cost advantage to earn a bigger profit margin on each unit sold.
Explanation:
Competitive advantage is the edge that a firm has over others in the same industry that results in higher profit margins for them.
One of the importance competitive advantages is price advantage.
This results from the firm being a low cost leader. Their cost of production is low enough for them to attract customers that are price sensitive leading to increased profits.
Also they can underprice their competitors or earn profit margins on the reduced cost of production per unit