A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
<h3>
What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
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Answer:
A. how households and firms make choices.
Explanation:
Indeed, macroeconomics studies how an economy functions in the global perspective when using aggregators that are compared in international rankings.
Macroeconomics studies how GDP, gross domestic product forms, how high or low the unemployment is in a given country and how to price indices change over time.
<em>The different sectors of the economy are seen in panoramic view to understand how a country economy goes seeking important economic goals: </em><u><em>economic growth.</em></u>
Answer:
No Federal Law
Explanation:
There is no federal law that aims to prohibit workers' union election campaign. Since the union campaign is against Autowerks Repair, Inc. because of perceived grievance it will definitely try to prohibit campaign by any party. But this company has no legal power to prohibit workers' union election campaign.
The swiss psychiatrist Eugen bleuler coined the term "schizophrenia," the kind of split that he believed was central to the disorder was the splitting of the mind.
A disorder that affects your ability to think, feel, and act clearly.
The exact cause of schizophrenia is unknown, but it may involve a combination of genetics, environment, and changes in brain chemistry and structure.
Schizophrenia is characterized by the appearance of thoughts and experiences being separated from reality, disorganized behavior and behavior, and reduced participation in daily activities. There is also a decrease in concentration and memory.
Treatment is usually lifelong and often combines medication, psychotherapy, and coordinated specialty care.
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Mainly, the Limited partners has a primary advantages in the partnership which is limited business debts up to their personal liability.
<h3>
Who is Limited partners?</h3>
A limited partner is an entity that purchased shares in the partnership as an investment but is not actively involved the investment's day-to-day activities.
In conclusion, the Limited partners has a primary advantages in the partnership which is limited business debts up to their personal liability.
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