The alignment of the yes and no arrows is confusing in some portions
Answer:
competitive advantage
Explanation:
In industry, the quality that helps a company to surpass its rivals, is called its competitive advantage. A competitive advantage might include availability of resources, like higher-grade ores as well as small-cost energy sources, highly qualified workers, geographical position, high entry hurdles and access to better technologies.
When it comes to explaining competitive edge, the value proposition is essential. When the value proposition is successful, that is, when the value concept provides higher and more consistent value to consumers, it can yield a significant advantage either in the good or service. The value proposition will rising the perceptions and preferences of the customers.
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What the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
<h3>Landscaping </h3>
Since none of his competitors are including ponds or other water features in their gardens.
When determining the viability of the business opportunity the first step is for the owner of the landscaping business to all ask the customers in the area whether they are interested in adding a water features to their garden.
Inconclusion what the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
Learn more about landscaping here:brainly.com/question/25829717
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation