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lions [1.4K]
4 years ago
12

The banking industry has implemented several competitive advantages, including ATMs, online bill-pay services, and electronic st

atements. Of course, these competitive advantages were quickly duplicated by any competitive that wanted to remain in the banking industry. These are examples of ________ .
Business
1 answer:
butalik [34]4 years ago
7 0

Answer:

Acquisition of new technology products and services

Explanation:

In order to remain relevant, keep with the times and perform better than competitors in pleasing customers, businesses need to have competitive advantage.

Regarding the question above, the first banks to implement the use of ATMs, online services and electronic statements would have had competitive advantage over their competitors. Therefore, other banks would have quickly followed suit and implemented modern business operations in order to remain in business.

Failure to do this could result in the demise of the business.

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assume a company uses the weighted average method in its processing costing august 1 balance 62000 and materials 310,000 consist
gayaneshka [121]

Answer:

see explanation

Explanation:

<em>Hi, your question is incomplete, I tried to look for it online but I could not find it. Here is an explanation on the steps to solve the problem.</em>

Step 1 : Determine the Total Materials Cost

Total Materials Cost

Opening WIP cost                                      $310,000

Costs added during the period                  $40500

Total                                                           $350,500

Step 2 : Total Equivalent units for materials

Equivalent units for materials = Completed units + Equivalent units in ending work in process inventory.

Step 3 : Unit equivalent cost for materials

Unit equivalent cost = Total Cost ÷ Total equivalent units

Step 4 : ending work in process inventory cost

Ending work in process inventory = Unit equivalent cost x equivalent units in ending work in process with respect to materials

6 0
3 years ago
All of the following are characteristics of Weberian bureaucracy except:
azamat

Answer:

b. management is the same as the ownership of the organization.

Explanation:

Weberian bureaucracy is the term used for the bureaucracy concept introduced by Max Weber, the famous sociologist and economists. He clearly stated that for any kind of administration the basic need is to maintain some standard characteristics:

Which included hierarchy as basics, therefore, it clearly distinguished the management and ownership and both are on different hierarchy.

Therefore, the correct option is:

b. management is the same as the ownership of the organization.

6 0
3 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

Corporate governance is the set of rules, principles and procedures that regulate the structure and operation of the governing bodies of a company. Specifically, it establishes the relationships between the board of directors, the board of directors, the shareholders and the rest of the interested parties, and stipulates the rules governing the decision-making process on the company for the generation of value.

In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
4 years ago
Draw supply and demand graphs that estimate what will happen to demand, supply, and the equilibrium price of coffee if these eve
kiruha [24]

Answer:

Please find the required diagram in the attached image

Explanation:

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

As a result of the study, there would be an increase in the demand for coffee. This would shift the demand curve to the right. As a result, there would an increase in equilibrium price and quantity

7 0
3 years ago
Which of the following statements regarding the staffing budget is true? a.The staffing budget is based on the desired profit le
Valentin [98]

Answer:

b.The staffing budget is based on a fixed human resources budget

Explanation:

  • The staffing budget is the budget that outlines a money plan to be spent on the employees and consists of the largest investment to the organization.
  • It acts as an outline plan for the service companies each staff member corresponds to the salary for the employee in the spreadsheet on a weekly, monthly, and yearly basis.
8 0
3 years ago
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