Answer:
B. improve the quality of its product
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
In this scenario, a small manufacturer of office equipment faces new competition from foreign firms. Thus, the company is most likely to respond to this competition by improving the quality of its product so as to increase value proposition.
In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.
Which type of economy is associated with Adam Smith's belief that people pursuing their own self-interests will create a better society?
A
feudalist
B
communist
C
socialist
D
free market
Answer:
Id think free market
Explanation:
Adam Smith s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an invisible hand .
Read this claim from a newspaper editorial.
Young African American, Hispanic, or American Indian men and women have much higher unemployment rates than whites. Regardless of anti-discrimination laws, it is evident that employers haven’t gotten the message. The statistics clearly show that people making the hiring decisions have not begun to shed their stereotypes and prejudices.
Evaluate the claim in the editorial, using information from the Survey of Young Workers as described in the text.
Answer and Explanation:
The editorial presents how racial minorities, even though they are part of American society and essential for the maintenance of the economy and the national workforce, are undervalued in the act of looking for a job, being evaluated through prejudiced concepts of their races and not being evaluated according to the abilities they possess. This causes African Americans, Hispanics or American Indians to have a high unemployment rate. This problem exists because of the archaic thinking of many employers, which end up causing a great negative impact on society. This is because the high unemployment rate makes the communities that shelter these racial minorities to have a higher level of poverty, criminality, illegality, lack of structure and other very negative elements. These racial minorities are blamed for these problems, but the real culprits are prejudiced and racist employers and the State that does not take action to prevent this type of thing from happening.
Describe one potential disadvantage of hydroelectric power plants
Answer:
There are actually quite a few:
Explanation:
It might ruin a species habitat, creating a modified version of its habitat. It also might change the current's speed of the river, which can create many other issues regarding the environment. Hopefully, that helps!
5-Why is the story of Troy important for the History of the professionalization of
Archeology?
Answer:
because The war stirred the imagination of the ancient Greeks more than any other event in their history and was celebrated in the Iliad and the Odyssey of Homer, as well as a number of other early works now lost, and frequently provided material for the great dramatists of the Classical Age.
what are the locations where a driver should not pass on a two lane two way roadway
Explanation:
Two lane roads may have "no passing zones" mark by solid yellow line.
#Carryonlearning
List of fun questions to ask
What would you name your boat if you had one? ...
What's the closest thing to real magic? ...
Who is the messiest person you know? ...
What will finally break the internet? ...
What's the most useless talent you have? ...
What would be on the gag reel of your life? ...
Where is the worst smelling place you've been?
Answer:
Nice lol
Explanation:
Answer:
Nice one lol :-)
Byeee , have a nice day!
What is the temperature of the middle most layer of the suns atmosphere ?
Answer:
B. It’s temperature is 6,000 degrees celsius to 20,000 degrees celsius.
Explanation:
Eng 2021
write something that happens in the past and how
Answer:
Anything that is in the past like you wrote this question in the past, and just like history had happened in the past.
Your savings account pays 7 percent per year. Each 5100 in the bank grows to $107 over a one-year period. If prices increase by 5 percent per year, by keeping $100 in the bank for a year you actually gain
Answer:
below
Explanation:
what are the ways to develop a habit and to get rid of a bad habit.
