Lisette told the management team that one way for the company to maintain a competitive advantage was to consistently produce kitchen appliances that meet the expectations of the customer and perform as expected. Which aspect of gaining a competitive advantage is Lisette focusing on?

Answers

Answer 1
Answer:

Answer:

Lisette is focusing upon quality aspect of gaining a competitive advantage

Explanation:

Competitive advantage refers to those activities by which an enterprise gains an edge over it's competitors in the market for it's products.

There are multiple factors which lead to competitive advantage such as:

  1. Cost Structure
  2. Branding
  3. Quality of product offerings
  4. Distribution
  5. Intellectual Property
  6. Customer Service

As per the facts of the question, Lisette asked of the management to consistently produce appliances which meet customer expectations and perform as expected.

This facet relates to focus upon quality of product offerings.

When a company maintains the quality of it's products, it builds loyalty with customers who prefer it's products over rival firm's products. This is competitive advantage.


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Pierce wishes to purchase a municipal bond with a par value of $500 from Chattahoochee County, and he is trying to decide which broker he should employ to purchase the bond. Broker A charges a 3.1% commission on the market value of each bond sold. Broker B charges a flat $24 for each bond sold. If the bond has a market rate of 88.754, which broker will give Pierce the better deal, and by how much?

How do priorities and goals influence the way money is managed?

Answers

How you manage your money greatly depends upon your priorities and goals. For instance, if you goal is to have a financially secure retirement, you would need to start saving and investing now. However, if your goal is to live your best life now, then you may spend more in the short term.

The ability to produce a good or service at a lower opportunity cost than other producers is called

Answers

i don't' think i have the first word right but it should be called relative advantage

Answer:

D. A Comparative Advantage

Explanation:

Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to contribute to his annual college expenses?

Answers

Answer

Richard need to contribute to his annual college expenses is  $ 12425 .

Explanation:

As given

Richard’s annual college expenses are expected to total $17,745.

He will receive $5,320 in grants.

Thus

Richard contribute to annual college expenses = Annual college expenses - Grant amount .

Putting values in the above

Richard contribute to annual college expenses = 17745 - 5320

                                                                               = $ 12425

Therefore Richard need to contribute to his annual college expenses is  $ 12425 .

$12,425 you just need to subtract how much he gets in grants from how much he owes 

Trading goods for other goods, as opposed to buying or selling goods using coins or paper money, is called what

Answers

It is called the barter system.

It is common practice for people today to use products that are produced or assembled in various nations around the world. This is a reflection of ___________.

Answers

The common practice for people today to use the products all over the world that are assembled in various nations is due to the reflection of globalization

Explanation:

The way in which the people of different countries interact and they they integrate by importing and exporting commodities from one country to another is called as globalization

This makes the people more interactive and it connect countries to make the people more advanced in their own technologies and they will have a wide knowledge about other countries economy and this will also make the international trade easier

The following are data concerning cash received or paid from various transactions for Orange Peels Corporation: Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 How much is net cash provided by investing activities?

Answers

Answer:

$120,000

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

The computation is shown below:

Cash flow from Investing activities  

Sale of land $100,000

Sale of equipment 50,000

Less: Purchase of equipment -30,000

Net Cash flow from Investing activities                 $120,000

The other transactions are related to the financing activity so we do not consider it in the computation part