The correct option is E. To sustain its competitive advantage, an organization needs to create one or more isolating mechanisms.
How can an organization sustain its competitive advantage?When an organization has a competitive advantage over its competitors, it is important to sustain that advantage over time. One way to do this is by creating one or more isolating mechanisms. Isolating mechanisms are strategies or tactics that make it difficult for competitors to imitate or replicate the organization's competitive advantage.
For example, an organization might create a unique brand image or use proprietary technology that is difficult for competitors to copy.
Other ways to sustain a competitive advantage include conducting a value chain analysis of the organization's capabilities, exploiting competitor weaknesses, creating causal ambiguity, and analyzing the relative strengths and weaknesses of their capabilities.
However, creating isolating mechanisms is often the most effective way to maintain a competitive advantage over the long term.
The correct option is E. To sustain its competitive advantage, an organization needs to create one or more isolating mechanisms.
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Discuss the constraints for the development of the Global Valuechain in Africa. [10 marks]
The Global Value Chain (GVC) refers to the interconnected set of activities required to bring a product or service from conception to delivery to the final consumer.
While GVCs have the potential to promote economic growth and development, there are several constraints to their development in Africa.
Firstly, there is a lack of infrastructure in many parts of the continent. This includes poor transportation networks, limited access to reliable energy sources, and a lack of digital infrastructure.Secondly, many African countries have weak institutions and legal frameworks, which can create uncertainty and risk for investors. This includes corruption, inconsistent enforcement of contracts, and weak intellectual property protection. Thirdly, there is a lack of skills and knowledge in many African countries. This includes both technical skills and knowledge of GVCs. Many African countries have limited access to education and training programs that could help develop the skills and knowledge needed to participate in GVCs effectively.Finally, there are geopolitical factors that can impact the development of GVCs in Africa. These include conflicts and instability in certain regions, as well as trade barriers and protectionist policies that can limit market access.In conclusion, while the potential benefits of GVCs are significant, there are several constraints that must be addressed if they are to be fully developed in Africa. Addressing these constraints will require a concerted effort from both African governments and the international community.
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What is one advantage of taking a course online instead of onsite?
A.
It is easier to access the printed course materials.
B.
You can usually do the coursework when it’s convenient.
C.
The quality of teaching is typically a little better.
D.
You can communicate with your teacher more effectively.
B. The coursework can usually be completed at a time that works for convenient - is one of the benefits of taking a course online rather than in person.
What are the benefits of taking courses online?There are advantages and disadvantages to learning online and in a virtual classroom, just as there are to learning in person on a physical campus. You'll find that one of the many advantages of online education is that it gives you more flexibility in your schedule, can lower the cost of your degree, and can make it easier to advance your career while you study.
Online education has many advantages, but there are also disadvantages to consider. In its own way, staying focused and being self-motivated can be difficult; which is one reason why not everyone is a good candidate for online education. You can get a better idea of whether online learning might be right for you and your career and education goals by learning more about its benefits and drawbacks.
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after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin help increase the chance of long-term success for your business, even if additional competition enters your community.
Answer:
Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.
Explanation:
The thinking of the margin that increase the chances of the long term success should be explained below.
Long term success:If we think on the margin so we assure that each & every pair of inserts generated should be converted in a profit. Once a profit is no longer being made on a pair of inserts, so here the production should be cut back. Understanding these margins will also help for stay competitive in a market.
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What are the steps (in sequence) involved in the consumer decision making process? Briefly explain how the retailer can develop strategies during each step so that the customer favors the retailer
Answer:
Problem recognition: Recognizes the need for a service or product
Information search: Gathers information
Alternatives evaluation: Weighs choices against comparable alternatives
Purchase decision: Makes actual purchase
Post-purchase evaluation: Reflects on the purchase they made
Explanation:
there are 5 steps in the consumer decision making process.
A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. This is an example of the __________ procedure. Group of answer choices foot-in-the-door lowball bait-and-switch primacy
Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.
Which of the following is a consequence of the emphasis on individual performance in many Western societies? A. Decreased entrepreneurship B. High degree of managerial mobility C. Increased loyalty towards an individual company D. Executives are not exposed to different ways of doing business
B. High degree of managerial mobility.individual performance emphasis often leads to a high degree of managerial mobility, as individuals strive for personal success and advancement, frequently switching companies or roles to seek better opportunities and higher compensation.
This mobility can be driven by a competitive environment that values individual achievements and rewards those who demonstrate exceptional performance, contributing to a constant turnover of managers seeking new challenges and improved prospects.
In many Western societies, there is a strong emphasis on individual performance, which means that personal achievements and success are highly valued. This emphasis often leads to a high degree of managerial mobility. Managers, driven by the desire for personal advancement and better opportunities, frequently switch companies or roles to seek higher compensation, more challenging positions, or greater recognition. The competitive environment created by this emphasis on individual performance rewards those who demonstrate exceptional capabilities, which further encourages managers to constantly seek new challenges and improved prospects. Consequently, there is a constant turnover of managers in Western societies as they strive for personal success.
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career question #35 easy
Your product costs $5.00
to make. If you want a
gross margin of 50%,
what should your price be?
$[?]
Answer: $10.00
Explanation:
Which situation best illustrates the role of business in the circular flow of goods.
The circular flow of goods refers to the market situation where a particular company in a market system makes a new line of products that is different from its usual production line.
In economics, goods are items that satisfy human wishes and provide application, for example, to a consumer creating a purchase of a fulfilling product. A not unusual distinction is made between goods that are transferable, and services, which are not transferable.
Goods are tangible items offered to clients, at the same time as offerings are responsibilities executed for the gain of the recipients. Examples of goods are motors, home equipment, and apparel.
There are four distinct types of items in economics, which may be categorized based on excludability and rivalrousness: non-public goods, public goods, not unusual sources, and membership goods.
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Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B. To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Answer:
its B
Explanation:
TRUST
a(n) advantage is the one that a company gains from incorporating a business activity within itself rather than leaving it to a relatively inefficient market
The correct answer is Correct internalization the process of absorbing or adopting something such that it becomes a part of your character: Some kids are more likely than others to internalise their parents' expectations and ideals.
Internalization advantage is the benefit that results from carrying out a commercial activity internally as opposed to outsourcing it to an underdeveloped market. Lack of market presence abroad is not a benefit of exporting. When a business, multinational enterprise, or person from one nation makes an investment in the assets or acquires stock in the businesses of another nation, this is known as foreign direct investment (FDI). The country's imports and exports of products and services, payments to foreign investors, and transfers like foreign aid are all reflected in the current account. Internalization advantages were defined by Buckley and Casson (1976) as a company's capacity to internalise knowledge-intensive intermediate product markets like technology, production know-how, and brand.
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what is the presumed era for the third stratum
The Presumed era of the Third Stratum is regarding the cognitive ability.
What is the 3 stratum theory?The American psychologist John Carroll introduced the three-stratum theory of cognition in 1993. It is based on a factor-analytic investigation of the association of individual-difference variables using data from more than 460 datasets, including information from psychological testing, academic performance, and competence assessments.
According to the three-stratum hypothesis, there are three categories into which individual variances in cognitive capacity may be divided: narrow, wide, and general.
Therefore, it can be concluded that Regarding cognitive capacity, the Third Stratum is assumed to have existed.
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Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions. How to Conquer the First Impression What does this article say about being on time?
Punctuality is the key to develop a good first impression.
Whether attending a meeting or an interview if the person is on time this makes a good impression indicating that a person is punctual and strict to time. Such a person will value time and consider the priority tasks to be done on time that can be consider good for the organization.Therefore, time management can develop a positive first impression.Learn more about time:
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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Mr. X and Y are having a discussion. Mr. X felt that business is based on selfish desires to gain higher and higher profits while Mr. Y felt that profit is essential for business. Can you support Mr. Y's case by providing strong points for his favour.
Answer: Ensure running cost is maintained to sustain business.
Explanation:
Resources to drive the business; probably the capital to start the business ain't much to cover for the production of more products or to cover for other expenses, here there would be a valid point for an increase in finances in some areas which won't be based on greed or selfishness. The running cost of a business matters, so the business doesn't crumble or there isn't enough return on investment.
When entrepreneurs are figuring out suppliers, associates, and distributors, they are determining ______. a. key resources b. key partners c. channels
When entrepreneurs are figuring out suppliers, associates, and distributors, they are determining key partners.
These are important relationships for entrepreneurs as they rely on their suppliers for the materials or products needed to run their business, their associates for support and guidance, and their distributors for getting their products or services to customers through various channels.
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Which of the following would be the most beneficial college course for an aspiring photojournalist to take?
Developing 35mm Film
Printing in the Digital Age
The Principles of Graphic Design
Telling Stories with Photography
Answer:
d
Explanation:
Answer:
Telling Stories with Photogaphy
Explanation:
edg2021
Photojournalism is the process of telling a story through pictures.
In what month does the fafsa become available for the following year and when is the best time to submit it?.
Please submit your application before February 1, 2023, for priority consideration for FAFSA.
Applications are accepted up until midnight Central time on April 1, 2023. Please submit your application before December 1, 2022, for priority consideration.
What month of the year is the FAFSA available?
When should I finish the FAFSA application? Every year on October 1st, the government releases a new version of the form. Each year that you attend school, a new FAFSA must be filled out. Make sure to complete your new forms online so you can simply make changes rather than starting over with your application.
FAFSA: Current and prospective college students in the United States must fill out the Free Application for Federal Student Aid in order to determine their eligibility for financial aid. The CSS Profile, which some universities also demand, is distinct from the FAFSA.
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X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points
Answer:
The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare
In negative self talk, filtering is when a person _______. a. Focuses only on their problems, ignoring their successes b. Blames themselves for every problem, whether it was their fault or not c. Believes that every situation will end badly d. See themselves as a failure for not living up to impossible standards
Answer:
In negative self talk, filtering is when a person Focuses only on their problems, ignoring their successes
Explanation:
In negative self talk, filtering is when a person is being negative filtering positive stuff and turning it to something negative instead.
For example if someone passes a test but instead of being proud they feel as if they could have tried harder or gotten a higher grade, that person is filtering their success into negative things.
Hope this helps, Have a great day! :D
In negative self-talk, filtering is when a person focuses only on their problems, ignoring their successes. Thus, option A is the correct option.
What is negative self-talk?When your inner voice is too critical and negative, it is said to be engaging in negative self-talk. It is gloomy and emphasizes the negative. Your self-esteem is damaged, and you are prevented from realizing your potential. It might give you the impression that you will fail even before you begin. Repetitive negative self-talk frequently doesn't correspond to reality.
Rumination, which is repeated with intrusive unpleasant thoughts, might result from it. You will experience negative thoughts about yourself most of the time. This might get you down, and it can be difficult to get back up once you're down. People with anxiety or depression frequently exhibit negative self-talk. It might be overwhelming and impossible to escape from the incessant negative talk.
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Explain the difference between buffet and fast food restaurants.
Answer:
The difference is that buffets don't actually have to prepare the food quickly.
Explanation:
Buffet can be considered a form of fast food: you walk in and pay, and can then immediately grab whatever you like and eat it.
The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625
Answer:
$2,625
Explanation:
Interest is calculated using the formula
I = p x r x t
For Galindo family
I= interest,
P = principal amount : $10,000
r= Interest rate: 7.5 % or 0.075
t= times in years : 3.5 years( 42 months /12)
I= $10,000 x 0.075 x 3.5
I=750 x 3.5
I=$2,625
Taxpayers with high incomes and high amounts of certain deductions may be subject to an additional tax referred to as the ________________ tax.
Certainly! When algebra tiles are grouped in sets, they can be represented by equivalent expressions that capture the same mathematical concept. Let's consider the following scenario:
Scenario: Grouped as a rectangle
Imagine a rectangle made up of algebra tiles, where one side has a length of 'a' tiles and the other side has a length of 'b' tiles. This rectangle represents the area model for multiplying two binomials: (a + b)(a + b).
Equivalent expression 1: (a + b)(a + b)
This expression represents the multiplication of the two binomials using the distributive property. Each term in the first binomial is multiplied by each term in the second binomial, resulting in a product that preserves the area model of the rectangle.
Equivalent expression 2: a^2 + 2ab + b^2
By applying the distributive property and combining like terms, the expression can be simplified to this quadratic form. The squared terms (a^2 and b^2) represent the areas of the two squares formed by the algebra tiles, and the 2ab term represents the combined areas of the rectangles formed by the overlapping tiles.
Both expressions represent the same grouping of algebra tiles, illustrating the multiplication of two binomials. However, the second expression provides a more concise and simplified form, capturing the essence of the area model and allowing for further algebraic manipulations.
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command and control may be the best approach to handling externalities if: the marginal social cost of the externality is greater than the social benefit. flexibility is desired. success requires strong compliance. taxes and/or subsidies fail to reach the efficient outcome.
Command and control may be the best approach to handling externalities if: the marginal social cost of the externality is greater than the social benefit.
Taxes can be levied by the government on products or services that cause externalities. The taxes would deter actions that burden unaffiliated parties with costs. Subsidies To promote particular activities, the government may also offer subsidies. Subsidies are frequently used to boost consumption of products with favorable externalities.
A cost or benefit of an economic activity that is felt by a separate third party is known as an externality. The final cost or benefit of a good or service does not account for the external cost or benefit. Therefore, externalities are typically considered by economists to be a severe issue that renders markets inefficient.
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Shaan and Anita currently insure their cars with separate companies, paying $890 and $695 a year. If they insure both cars with the same company, they would save 10 percent on their annual premiums, What would be the future value of the annual savings over 10 years based on an annual interest rate of 6 percent? Future value = ____
The future value of the annual savings over 10 years, based on an annual interest rate of 6 percent, is $5,830.23.
To calculate the future value of the annual savings, we first need to find the total amount saved per year by Shaan and Anita if they insure both their cars with the same company. They would save 10% on their total annual premium, which is ($890 + $695) = $1,585.
So, the annual savings would be 10% of $1,585, which is $158.50.
To calculate the future value of this annual savings over 10 years, we can use the formula for future value of an annuity:
\(FV = PMT \times (((1 + r) ^ {(n - 1)} / r)\)
Where:
PMT = the annual savings = $158.50
r = the annual interest rate = 6% = 0.06
n = the number of years = 10
Plugging in the values, we get:
FV = $158.50 x (((1 + 0.06)¹⁰ - 1) / 0.06)
FV = $158.50 x (1.790848 - 1) / 0.06
FV = $158.50 x 15.847466
FV = $2,513.53
Therefore, the future value of the annual savings is $5,830.23.
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which of the following is not a tool of monetary policy? group of answer choices open market operations reserve requirements changing the discount rate increasing the government budget deficit
The following is not a tool of monetary policy open market operations.
Does monetary policy use the discount rate as a tool?The Fed's board of governors determines the discount rate, which is a tool for monetary policy that can be changed upward or downward. The Fed's role as a lender of last resort includes lending at the discount rate, which is one of its main instruments for implementing monetary policy.
Which of the following is not a monetary policy tool, according to the quiz?the tax rate for businesses. Congress, not the Fed, decides the corporate tax rate. It is not a tool for monetary policy as a result.
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A proven product, established management systems, and customer goodwill are three advantages of _____. a. joining a family business b. starting a new business c. buying a franchise d. working from home
Answer:
Option C: Buying a franchise
Explanation:
Franchise is simply defined as a business that sells or distribute a product or service that has beingdeveloped by a franchisor. It is usually in the way or manner that the franchisor listed.
The product, method of distribution, and, sales and management are governed or controlled by the franchisor of the business.
The process of purchasing that is buying of a Franchise is by looking into franchising company, contact, application, franchise contact and review, franchise agreement, negotiation terms, agreement signed and others.
Answer:
C or 3Explanation:
i got the proof if you would like.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which of the following is a correct statement regarding payment in a contract for the sale of goods transaction?
Select one:
a. The buyer and seller may not agree in their contract that the price of the goods is to be paid in services.
b. If there is no agreement for extending credit to the buyer, the buyer must pay for them on delivery.
c. The buyer and seller may not agree in their contract that the price of the goods is to be paid in other goods.
d. As a general rule, the buyer cannot inspect the goods before payment.
The correct statement regarding payment in a contract for the sale of goods transaction is that if there is no agreement for extending credit to the buyer, the buyer must pay for them on delivery.Option b is the correct statement regarding payment in a contract for the sale of goods transaction.
It states that if there is no agreement for extending credit to the buyer, the buyer must pay for them on delivery. The seller may allow a grace period for payment, but if not, the buyer is expected to pay the amount owed upon receiving the goods.A contract for the sale of goods transaction is an agreement in which the seller agrees to transfer title to goods to the buyer in exchange for consideration (usually money).
The terms of payment, delivery, warranties, and other terms are usually included in the contract. Payment is a crucial element in such a transaction because the seller wants to ensure that they receive payment for the goods they are selling.The correct statement regarding payment in a contract for the sale of goods transaction is that if there is no agreement for extending credit to the buyer, the buyer must pay for them on delivery.Option b is the correct statement regarding payment in a contract for the sale of goods transaction.
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One of the key concepts involved in the circular flow diagram is that:
A) households and businesses are in conflict with each other.
B) the national economy is similar to a zero-sum game.
C) one person's spending is another person's income.
D) the sum of the resource and product markets must equal household income.
One of the key concepts involved in the circular flow diagram is that one person's spending is another person's income C) one person's spending is another person's income.
This concept highlights the interdependence between households and businesses in an economy. Households provide resources like labor, capital, and land to businesses in exchange for income. Businesses, in turn, use these resources to produce goods and services, generating revenue by selling them back to households.
This interplay between households and businesses creates a continuous flow of money, resources, and goods and services within the economy. It demonstrates that spending by one economic agent, such as a household, ultimately becomes income for another agent, like a business.
This interconnectedness refutes the idea that the national economy is a zero-sum game (B) or that households and businesses are in conflict with each other (A). It also emphasizes that the sum of the resource and product markets does not necessarily need to equal household income (D), as other factors, such as government intervention and international trade, can influence the overall economic picture.
In summary, the circular flow diagram represents the symbiotic relationship between households and businesses, illustrating how one person's spending becomes another person's income in a well-functioning economy. Hence, C is the correct answer.
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