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emmainna
2 months ago
11

Competitive advantage refers to:

Business
1 answer:
stepan [3.5K]2 months ago
7 0

Answer:

d. pertains to a firm's distinctive methods for creating additional value.

Explanation:

Competitive advantage refers to the edge a company has over its rivals. This can be achieved through various means such as providing value products, optimal quality, and excellent services that may entice customers away from competitors to their advantage.

The goal is to generate added value for the company's offerings, utilizing innovative concepts to attract customers and enhance satisfaction, ultimately leading to the fulfillment of corporate objectives.

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A manufacturer of plastic canoes and fiberglass kayaks is experiencing an increase in the price of kayaks in the marketplace, wh
harina [3808]

Answer:

An increase in the price of soccer balls.

Explanation:

Soccer balls consist of polyethylene and materials derived from petroleum. An escalation in oil prices will directly raise the costs of soccer balls since the expense of the raw materials has increased.

Kayaks also utilize materials sourced from oil, which is why their prices are on the rise too.

There's a direct correlation between soccer balls and kayaks because both rely on oil for their production.

8 0
2 months ago
The ledger of Mai Company includes the following accounts with normal balances: Common Stock, $9,000; Dividends, $800; Services
stepan [3596]
The purpose of the closing entries is to transfer account balances to the permanent records, moving all income statement balances into retained earnings. Common stock - $9000 Dividends - $800 Service revenue - $13,000 Wages Expenses - $8,400 Rent Expenses - $1,600 Closing Entries Particulars Dr Cr Income Summary $10,000 Wages Expenses $8,400 Rent Expenses $1,600 Service Revenue $13,000 Income Summary $13,000 Income Summary $3,000 (13000-10000) Retained Earnings $3,000 Retained Earnings $800 Dividends $800
5 0
1 month ago
Both Amy and Brad produce and consume apple pie and ice cream. In one hour, Brad makes five apple pies or ten gallons of ice cre
harina [3808]

Réponse:

Amy possède un avantage absolu dans la production de tartes aux pommes et de glaces.

Amy a un avantage comparatif dans la production de tartes aux pommes.

Brad a un avantage comparatif dans la production de glaces.

Amy devrait se spécialiser dans la production de tartes aux pommes, tandis que Brad devrait se focaliser sur la production de glaces.

Explication:

Une personne a un avantage comparatif dans un domaine si elle produit à un coût d'opportunité inférieur par rapport à d'autres individus.

Coût d'opportunité de Brad:

Pour produire une tarte aux pommes = 10 / 5 = 2

Pour produire une glace: 5 / 10 = 0.5

Coût d'opportunité d'Amy:

Pour produire une tarte aux pommes: 15/15 = 1

Pour produire des glaces: 15/15 = 1

Amy a le coût d'opportunité le plus bas comparé à Brad pour la production de tartes aux pommes. Ainsi, elle détient un avantage comparatif dans ce domaine.

Brad présente un coût d'opportunité inférieur à celui d'Amy pour la production de glaces. Il possède donc un avantage comparatif dans la production de glaces.

Une personne doit se spécialiser et échanger le produit pour lequel elle a un avantage comparatif.

Un individu a un avantage absolu dans la production d'un bien s'il produit une quantité supérieure à celle des autres.

Amy a un avantage absolu dans la production des deux biens.

6 0
3 months ago
HELP ASAP NEED THIS
Mariulka [3825]

Answer:

Shirly is a good fit for careers in law, public safety, and security.

Explanation:

The professions in law, public safety, and security align closely with the characteristics noted in Shirly's evaluation, reflecting her qualities of justice, security awareness, and physical fitness to handle risky situations, all of which benefit the community she serves.

7 0
2 months ago
Read 2 more answers
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