Why are businesses with a competitive advantage in market share, unit cost, or product performance more profitable
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Market Share A relative share advantage holds potential for lower unit costs due to economies of sc...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Question Posted:
Students also viewed these Marketing questions
-
Research firm Gartner defines competitive advantage as a difference between a company and its competitors that matters to customers. Describe one use of M2M technology that could provide a...
-
1. Brett Michalak sees the efforts undertaken by Crescent Healthcare as providing the company with a competitive advantage over others in its industry. Can you provide three examples of how these...
-
You could develop competencies in awareness, accessibility, product redesign, product invention, automation, plant utilization, human resources, cash flow management, and forecasting. All of these...
-
Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years...
-
It is better not to allocate some costs than to use a cost-allocation base that does not make any sense. Do you agree? Explain.
-
In October 2020, the U.S. national debt was $27 trillion. A year later, it was $29 trillion, and now in 2023 it is over $32 trillion. Please discuss: 1. How much of the U.S. debt is held by foreign...
-
A viscosity motor/pump is shown in Fig. P6.84. The rotor is concentric within a stationary housing. The clearance \(h\) between the housing and the rotor is small compared to the width \(w\) and...
-
Lane Confectioners produces special orders of sugar candies and chocolates for airlines and hotels. During March, Lane purchased, on credit, 2,100 pounds of confectioners sugar @ $20 per pound, 2,300...
-
Now consider the so-called Wagner-Fischer algorithm for computing the Levenshtein distance: WF (a[1...m], b[1...n]) Let D[0...m][0...n] be matrix of zeros For i in [1...m] do D[i][0] = i End For For...
-
Mill Corporation acquired 100 percent ownership of Roller Company on January 1, 20X8, for $128,000. At that date, the fair value of Rollers buildings and equipment was $20,000 more than the book...
-
What areas of competitive advantage does Wal-Mart use to drive its competitive position? How should Target and Sears develop their competitive positions?
-
For each area of differentiation advantage, identify a business that has a competitive advantage in that area. Explain how each business's source of differentiation advantage helps the business...
-
Define the types of benefits required by law. How can organizations minimize the cost of these benefits while complying with the relevant laws?
-
Why are there restrictions against a corporation returning capital to its shareholders?
-
What is the role of a corporations auditor? To whom is the auditors duty owed?
-
On what grounds is a business justified in dismissing its employees without notice?
-
In what circumstances should a business owner require a confidentiality agreement?
-
What are a corporations documents of record?
-
Solve. 2x - 5x + 2 = 0
-
A certain Christmas tree ornament is a silver sphere having a diameter of 8.50 cm. Determine an object location for which the size of the reflected image is three-fourths the size of the object. Use...
-
As part of the U.S. government-initiated and supervised bankruptcy reorganization of Chrysler Corp., almost 800 Chrysler dealerships were terminated. Many of those dealers felt that the forced...
-
UPS Stores operate pack and ship stores on a franchise basis granted by the franchisor, UPS Inc. The stores not only provide pack and ship services but offer a variety of other products and services...
-
Corporate Social Responsibility for Competitive Advantage. Summarize the reasons why companies are adopting corporate social responsibility initiatives. What arguments support the pursuit of social...
-
Pharoah Enterprises purchased a delivery truck on January 1 , 2 0 2 5 , at a cost of $ 2 6 , 0 0 0 . The truck has a useful life of 7 years with an estimated salvage value of $ 5 , 9 1 0 . The...
-
Consider the following recurrence relation: A(1)=1, A(n) = 2A(n-1)+2"-1 Use the method of unraveling to find a closed form for A(n).
-
Given the following formula: Monthly Pay= [rate + rate / ([1+rate] ^(months) -1) X principle Where rate of 6% means 6/1200 and Months means number of years x 12 Possible data to test: Principle 12200...
Study smarter with the SolutionInn App