Profit can be used to pay higher wages to owners and workers. ...
Profit can be used to invest in research & development. ...
Profit enables the firm to build up savings, which could help the firm survive an economic downturn.
Answer:
The correct answer is D
Explanation:
GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.
There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.
So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.
Answer:
a. Economies; falling
Explanation:
Economies of scale: It is referred to as the reduction in cost due to an increase in the scale of production. Due to efficient production, the company is able to gain a cost advantage. It also helps the consumer to enjoy lowering the price of goods in the market, which lead to an increase in demand for goods.
There are two types of economies of scale:
Internal economies of scale- It includes technical and efficient production, good management, efficient procurement, etc.
External economies of scale- It includes government policies, support and taxation policy.
Therefore in the given case, the firm is likely to exhibit Economies of scale and falling average total cost.
The number one economic growth would be other countries sending food water clothing etc does not actually help it causes the shops and stores that are there to close cause they get no buiseness so I guess I'm saying it is not poverty its actually people just getting lazy
Answer: C. purchase of EFGH separately; and the sale of ABCD separately
Explanation:
