Answer:
It includes; Digging deeper into areas of knowledge/expertise and comparison of achievement can help foster,creat or lead to a competitive position/ advantage. Finding out, sourcing and making use of other areas or sources of knowledge and information can keep a company up to date of competitive efforts and leads to an environment for creativity, shows/ create new knowledge within the company thereby finally leading toexisting competitive advantages and going after new ones.Success is a product of failure so therefore, getting the knowledge of failure as part of the innovative process can bring good results.
Meeting goals with all flexibility and sharing of personal stories, sourcing outsiders, proving one’s self wrong will all foster a kind of fear-free searching of new ideas.
Explanation:
For firm generally, crafting, creating or bringing a strategy that gives/yields a competitive advantage over rivals is said to be the most reliable means of achieving above-average profitability and financial performance in any organization. A company can attain and have sustainable competitive advantage if and when the elements of the strategy used by the company give buyers lasting and good impression orreasons to prefer a company's products or services over those of their competitors.
Strategic approaches used by company to build a competitive advantage includes; Focusing on a narrow market environment (niche) within an industry and also creating an advantage based on offering more value for the money e.t.c.
Answer: The total Asset is $531,225, The total owners Equity is $1,494,000
Explanation:
A balance sheet is a summary of debit and credit balances of asset and liabilities in a ledger. It is a financial statement prepared in order to determine the financial position of a business, in the event of acquisition of a subsidiary by a parent company, then a consolidated balance sheet will be prepared to unite the two entities. A consolidated balance sheet is a financial statement prepared to record the asset and liabilities of the two entities as one entity.in this case the aquisi
Consolidated Balance Sheet As At 1/1/××
$ $
Fixed Asset
PPE Asset (undervalued ) 81,000
Less : Depreciation. 5,400
----------
75,600
Goodwill. 162,000
----------------
Total Fixed Asset 237,600
Other Asset
Patent. 261,000
Amortization. 32,625
--------------
293,625
----------------
Total Asset. 531,225
Owners Equity
Common Stock 1,494,000
---------------------
Total owners Equity 1,494,000
Answer and explanation:
Inflation is the increase in prices of goods or services over time. Under this scenario, consumers' purchasing power decreases. Typically, under inflationary stations, the government tends to intervene as a regulator of the market increasing interest rates to offset the economic phenomena.
The most likely result of inflation is the <em>increase in prices of the overall market but it also causes investments to fall and unemployment to rise</em>.
I believe it’s collateral sorry if it’s not.
<span>Assesses the attractiveness of an SBU's market and the strength of its position in the market.</span>
