A small manufacturer of office equipment faces new competition from foreign firms. In response, the company is MOST LIKELY to do which of the following? A buy the foreign companies B improve the quality of its product C impose a tariff on the foreign products D raise the price of its product

Answers

Answer 1

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.


Related Questions

What is the temperature of the middle most layer of the suns atmosphere ?

Answers

The temperature of the Sun's middle most layer is 6,000 degrees Celsius to 20,000 degrees Celsius.

Answer:

B. It’s temperature is 6,000 degrees celsius to 20,000 degrees celsius.  

Explanation:

Eng 2021

What is the BEST definition of recession as used in the title?

A
an unexpected turn in the business cycle

B
a structural shift in the labor market

C
a period of temporary economic decline

D
a blend of high inflation with slow growth

Answers

Answer:

C. A period of temporary economic decline.

Explanation:

●♡Jess bregoli

#keep learning!!

Which is the MAIN argument against free trade used by American labor leaders?

A
Immigration to the U.S. will increase.

B
The quality of foreign products is poor.

C
Other countries have stricter laws.

D
U.S. workers will lose their jobs.

Answers

D. u.s. workers will lose their jobs

write a short review or reflection on the songs/plays you have heard

Answers

Answer:

s

Explanation:

s

I love music my favorite artist are Billie, lil darkie, and Dtrivv

Which is a MAIN purpose of a protective tariff?

A
to gain a comparative advantage over other countries

B
to expand trade with other nations

C
to shield inefficient domestic industries from foreign competition

D
to increase government revenue

Answers

The answer would be C

The main purpose of a protective tariff is to shield inefficient domestic industries from foreign competition. The correct option is C.

What are protective tariffs?

Protective tariffs aim to make imported goods more expensive while protecting domestic producers from overseas rivalry. Revenue tariffs are intended to raise money, not to limit imports.

A protective tariff serves to shield domestic industries from international rivalry. Tariffs are taxes. In an effort to raise the price of goods from other nations, the U.S. added this label. A protective tariff is a type of tariff and tax that prevents such produced goods from entering the domestic economy or from traveling within the region.

Domestic enterprises appear to be manufacturing goods for immediate consumption that are built from the income-generating components of such families.

Therefore, the correct option is C, to shield inefficient domestic industries from foreign competition.

To learn more about protective tariffs, refer to the link:

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Read these sentences from paragraph 1.

Young adults in the United States have experienced higher rates of unemployment and lower rates of labor force participation than the general population for at least two decades. The Great Recession exacerbated this phenomenon.
What does exacerbated mean?

A
made worse

B
drew attention to

C
introduced

D
resulted from

Answers

Answer:

A. made worse

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

Answers

Answer:

below

Explanation:

Which of the following is one of the MAIN roles of government in a market economy?

A
to own and control resources

B
to determine what is produced

C
to set prices on consumer goods

D
to protect private property

Answers

A to own and control resources

state the process of accouting??​

Answers

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.

There are three steps in the accounting process those are Identification, Recording and Communicating.

write something that happens in the past and how

Answers

Answer:

Anything that is in the past like you wrote this question in the past, and just like history had happened in the past.

WRITING PROMPT: America's core political ideals are liberty, equality, and democracy. Rank these ideals (first, second, and third) based on how important they are to you, and explain the reasons for your order.

Answers

Answer:

please mark as brainliest

Explanation:

Democratic Values — Liberty, Equality, Justice

Liberty and equality.

These words represent basic values of democratic political systems, including that of the United States. Rule by absolute monarchs and emperors has often brought peace and order, but at the cost of personal freedoms. Democratic values support the belief that an orderly society can exist in which freedom is preserved. But order and freedom must be balanced.

Which statement best explains why the federal government collects statistics on unemployment?
A
The statistics are used to determine the rate of inflation.

B
The statistics are used to influence decisions related to the economy.

C
The statistics are needed to determine market prices of essential products.

D
The statistics are used by manufacturers to make production decisions.

Answers

The statement which best explains why the federal government collects statistics on unemployment is option B

What is unemployment?

Unemployment can be defined as an economic situation in which people who are willing and able to work do not get suitable employment.

The types of unemployment are:

Frictional unemploymentCyclical unemploymentUnderemploymentStructural unemploymentSeasonal unemployment

Therefore the answer is "The statistics are used to influence decisions related to the economy".

Learn more about unemployment:

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Read this extract from an analysis of the text.

It’s not that the good jobs you can do without a college degree have completely disappeared. Instead, jobs that require a college education haven’t kept pace with the number of college graduates. That imbalance trickles down; college grads are doing work a high school grad could do, and the high school grads are left out in the cold.
Which sentence from the text BEST supports this analysis?

A
Despite the importance of education and work experience, intangibles still play a role in the labor market.

B
The data suggest that in some cases less-educated workers have been pushed out of previously available, well-paid, secure jobs that are filled by overqualified workers.

C
Most of the unemployed respondents have low levels of educational attainment, including 83 percent who have not completed a postsecondary degree.

D
Likewise, the 21 percent of respondents who reported that they are pessimistic about their job future are more likely to lack economic opportunity, job experience, and education.

Answers

I believe it is would A

If i forgot my password how can i get it sent to me

Answers

Put ur email or your username and reset ur password therefore it will appear a page for you says that if u wanted to be sent by an email or your phone number you should choose a way you would like and the link will be sent to you to reset your password <3

Answer:

usually theres an reset password option when logging in

Explanation:

Why do people hate Jesus?​

Answers

Answer:

oof

Explanation:

i Tried to type that Jesus is cool but brainly hates Jesus too...

Answer:

I don't know about that sorry

Describe one potential disadvantage of hydroelectric power plants

Answers

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?

Answers

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.

Same with the previous question
Grammer Topic ADJECTIVES

Answers

Explanation:

1 cute

2 very

3 meet

4 was

5 should

6 some

7 there

8 first

9 third

HELP. THIS IS DUE TODAY. Give at least four examples of Enumerated Powers.

Answers

Answer:

Power to collect taxes

Power to run elections

Power to publish and maintain a working court system

Power to borrow money on behalf of the government

What were the intended effects of Roosevelt’s speech? Check all that apply.


to make Americans believe that going to war was the right thing to do

to help Americans believe in the strength of Britain’s leaders

to make Americans feel patriotic and noble

to prompt citizens to research more information about Hitler

to convince Congress to become involved in the war

to provide a credible source on current events in Europe

Answers

Answer:

The answers are

A, C, E

Explanation:

Proof below

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The following were the intended effects of Roosevelt’s speech.

to make Americans believe that goingto make Americans feel patriotic and nobleto convince Congress to become involved in the war

The correct options are A, C, and E.

What was the purpose of Roosevelt's speech?

In an effort to highlight the historic significance of what happened at Pearl Harbour, he made an implied appeal to the American people to never forget the attack and to remember the date. The phrase "day of infamy" is now frequently used in the media to describe any instance of extreme depravity or dishonour.

President Franklin D. Roosevelt gave this "Day of Infamy Speech" on December 8, 1941, the day following the Japanese attack on Pearl Harbour. Congress immediately issued a war declaration, and the US joined World War II.

Thus, the ideal selections are options A, C, and E.

Learn more about Roosevelt's speech here:

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Scientist have cloned sheep but have not yet cloned a human.the best explanation for this situation is that

Answers

Answer:

Ethics and the complexity of the human body compared to a sheep, it would be very difficult to legally conduct an experiment like this and humans arent exaclty like sheep so it isnt like scientists could do exactly what they did to the sheep and get the correct outcome.

what are the locations where a driver should not pass on a two lane two way roadway

Answers

Explanation:

Two lane roads may have "no passing zones" mark by solid yellow line.

#Carryonlearning

Mark Brainliest please

Answer :

Check the image for the answer

What factors determine an interest group’s success?

Answers

Answer:

intensity, and its financial resources. While greater intensity and more financial resources work to a group's advantage, smaller groups are more likely to achieve their goals than larger groups.

Mateo has a fish in a fish tank. Every day, he feeds the fish flakes of food. He also changes the water as necessary. He has an aerator that pumps bubbles into the tank. Which sentence shows the fish's need for air?

Answers

Beepty Beep Boop . . .Inserting Quick Answer . . . Code Green

----------------------------------------------------------------------------------------------------------------

Answer: He has an aerator that pumps bubbles into the tank.

----------------------------------------------------------------------------------------------------------------

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

Answers

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 .

"Peace shows the way to mutual understanding and problem solving" Do you agree with this statement? Why?​

Answers

Answer:

peace make people happy and socialize to each other and also they unite to help each other in problem and easily solve them.

Explanation:

Hope it helps

Which is the MOST LIKELY impact of globalization on countries’ abilities to raise revenues through taxes?

A
Revenues will decrease as corporations move their operations to countries with lower tax rates.

B
Revenues will increase as multinational corporations build new manufacturing plants in different parts of the world.

C
Revenues will decrease as increased competition puts multinational corporations out of business.

D
Revenues will increase as internet sales of products rises.

Answers

Answer:

c.

Explanation:

hope it's help

pa hearts nalang heheheh

paglalahad ng natutunan tungkol sa sektor ng Paglilingkod.?

please pasagot kailngan na sa thrusday

Answers

ANSWER:

Ang paglilingkod ay isang uri ng kilos-loob na ikaw ay tumutulong sa iyong kapwa tao. Ikaw ay nag lilingkod sa isang tao sa pamamagitan ng vovolontier sa mga clean and green programs at marami pang iba.

Welcome :)

Answer:

The growth of the service sector has long been considered as an indicator of a country's economic progress. The service sector makes an importantcontribution to GDP in most countries, providing jobs, inputs and public services for the economy. Trade in services can improve economic performance and provide a range of traditional and new export opportunities

what is prime meridian

Answers

Answer:

a planet's meridian adopted as the zero of longitude.

PLEASE HELP ME!!! I NEED THIS SO I CAN PASS MY CLASS AND I ONLY HAVE TEN MINS LEFT!!!! Comparing the four most common types of power plants in Alberta (coal, natural
gas, wind, and hydroelectric), which has the lowest efficiency in electricity
generation? and why?

Answers

Answer:

Coal or Natural gas

because coal is not used all times due to its low amount and natural gas is found under sea! so that is contains a large energy to be.

Explanation:

Answer Wind ,gas , hydroelectric.follow please
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