Discuss this statement: Business competition encourages efficiency of production and leads to improved product quality.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
If there are several products of the same type the consumer will purchase the produ...View the full answer
Answered By
Talha Talib
I am a member of IEEE society. As i am a student of electrical engineering badge 17 but beside of this i am also a tutor in unique academy. I teach calculus, communication skills, mechanics and economics. I am also a home tutor. My student Muhammad Salman Alvi is a brilliant A-level student and he performs very well in academics when i start to teach him. His weak point was mathematics but now he is performing well in mathematics. I am a scholarship holder in Fsc as i scored 1017 marks in metric out of 1100. Later on i got scholarship in Punjab Group of Colleges. I got 2nd position in robotics competition in 2018 as my project home automation select for the exhibition in Expocentre.
4.60+
23+ Reviews
62+ Question Solved
Related Book For
Business
ISBN: 978-0324829556
10th Edition
Authors: Willian M Pride, Robert J. Hughes, Jack R Kapoor
Question Posted:
Students also viewed these Economics questions
-
Discuss this statement: Business competition encourages improved product quality and increased customer satisfaction.
-
Discuss several strategies that will enhance the quality and efficiency of writing with a computer.
-
Quality control leads to fewer defective products and fewer lawsuits. Consequently, managers know that quality control is important to their companys long-term financial health. At the same time, the...
-
A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 150 membership member shoppers who recently made a...
-
Othello trades a concrete ready mix truck and a general purpose truck used in his landscape business to Sonja for an ore truck and a general purpose truck and $1,000 cash. The adjusted basis and fair...
-
The graph of a normal curve is given. Use the graph to identify the values of and . 230 330 430 530 630 730 830 X
-
A six cylinder four stroke I.C. Engine is to develop \(100 \mathrm{~kW}\) i.p. at 800 RPM. The stroke to bare ratio is 1.25. Assuming Mechanical efficiency of \(80 \%\) and break mean effective...
-
Gostkowski Company is about to enter the highly competitive personal electronics market with a new optical reader. In anticipation of future growth, the company has leased a large manufacturing...
-
What to include for SC rule 30 deposition for plaintiff and defendant for this scenario below. Old Information: Your client is an on-duty police officer driving a marked police car the morning of...
-
1. What are pros and cons of Apples tight control of licensing? 2. What role has ecosystem played in Apples competitive advantage?
-
Is gross domestic product a reliable indicator of a nations economic health? What might be a better indicator?
-
In our business system, how is government involved in answering the four basic economic questions? Does government participate in the system or interfere with it?
-
Miller Construction, Inc., is a privately held, family-founded corporation that builds single- and multiple-unit housing. Most projects Miller Construction undertakes involve the construction of...
-
In what ways do emerging technologies, such as blockchain or AI-driven analytics, offer novel solutions for enhancing accountability mechanisms within complex systems, and what are the associated...
-
Evaluate and discuss the statement below with your own ideas in light of entrepreneurship. Justify your thoughts by providing references to the related scholars, theories, terms & concepts.
-
You will start your own service-based business! What is the service (be creative)? List two accounts under each of the accounting equation categories: Assets, Liabilities, Equity, Revenues, and...
-
What is diversity and how do diverse demographics influence the health care industry? (culture, gender, generational differences, religion and spirituality, and social and economic status). What is...
-
Write a thesis project on "Designing an effective innovation management system".
-
Choose and explain two performance measures to evaluate the intensity of the collaboration between two supply chain partners.
-
A sprinkler head malfunctions at midfield in an NFL football field. The puddle of water forms a circular pattern around the sprinkler head with a radius in yards that grows as a function of time, in...
-
Analyze the structure in Figure P10.17. In addition to the applied load, support \(A\) rotates clockwise by \(0.005 \mathrm{rad}\). Also \(E=200 \mathrm{GPa}\) and \(I=25 \times 10^{6}...
-
A project that is expected to generate annual after-tax cash flows of $2,200 for each of the next 20 years. The project's cost of capital is 8.5 percent and it has an IRR of 9.058 percent. What is...
-
Why are unpaid accruals a "temporary" source of cash? Please give some details and examples.
-
Gabbie has to decide between the following two choices: Option 1: Get $320 with probability 35.97%, and $84.15 with the complement probability. Option 2: Get $94.95 with 100% probability. Her utility...
Study smarter with the SolutionInn App