It is known as competitive advantage.
Competitive advantage refers to factors that allow a company to produce goods or services more efficiently or at a lower cost than competitors. These components allow the manufacturing unit to generate more sales or profits than its competitors in the market.
It is the favorable position that a firm seeks in order to outperform its competition.
Competitive advantages are classified into two types: comparative advantages and differentiated advantages.
A company's comparative advantage is its ability to manufacture something more effectively than a rival, resulting in larger profit margins.
A differential advantage occurs when a company's goods are seen to be both distinctive and of greater quality than those of a rival.
To know more about competitive advantage click here:
brainly.com/question/17189107
#SPJ4
The interest rate banks charge each other for overnight loans.
Answer:
B. a parallel learning structure.
Explanation:
By definition, a parallel learning structure is an informal structure in which different members collectively solve a problem. This group is made up of employees from various levels and functions within the organization who practice open communication outside of and parallel to the normal, hierarchical structure. ABC Corp. meets these criteria and therefore choice B would be the correct answer.
