To survive and​ prosper, a business must gain and sustain​ ______ major competitive advantages over rival firms. A. as many as one hundred B. one C. at least several D. two E. at least fifteen

Answers

Answer 1
Answer:

Answer:

C. at least several

Explanation:

Competitive advantage refers to a favorable situation or position a business enjoys over it's competitors owing to it's specialization or strength in performing a specific operation.

For example, in case of telecommunication, one company's competitive advantage could be superior network coverage with lower call drops than it's competitors.

In order to survive and grow, a business should try and gain competitive advantages in at least several fields and yet at the same time retain and maintain those competitive advantages over a period.


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If your company has a large production-related task, such as assembling an airplane, what strategy could help you increase productivity?

Answers

They could use the strategy of specialization using an assembly line process

Not all employers provide group hospital and health insurance.
a. True
b. False

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That statement is true

Hospital and health insurance is not a government requirement , which is why companies are not obligated to give it to their employers. In general, only large companies had enough money to provide their workers with hospital and health insurance, while Companies often cut out hospital and health insurance in order to increase their net profit.

Not all employers provide group hospital and health insurance. This statement is true. Not all employers have the heart to give health benefits to their employees especially to a contractual position.

Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitment to improving business's moral and ethical behaviour

Answers

Answer: The correct answer is False.

Explanation:

Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.

If a business is not ethical, then they need to change the way they work and do business and lead by example.

The Fed manages the country's money in three main ways. Which practice is described below?The government is able to regulate the amount of money available to banks for lending through the purchase and sale of government securities, such as savings bonds.

Answers

Answer:

Open Market Operations

Explanation:

In open market operations, government controls the flow of money in their country. If government wants to decrease the flow of money then it provide authorized dealers with saving bonds which will be sold to general public. When public buy these bonds then flow of money is decreased in market.

If government wants to increase the flow of money then it buys back all bonds and securities hence increasing flow of money.

- through Purchase and sale of Government Securities ( which commonly known as open market policy)

- By controlling the discount rate

- By Changing the reserve requirements

In 1–3 sentences, explain the role of entrepreneurs in the economy.

Answers

ANSWER: There are many ways how entrepreneurs benefit the economy. Few of them are

1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expands his new business, he will need human resource to help him to do his works.

2) Wealth Creation: Entrepreneurs pool in their own money and attract investment from lenders, banks and other investors. This mobilizes public wealth.

3) Exports: Entrepreneurs after growing in their businesses will want to export their products as a part of extending their market. This will help gain foreign currency in the country.

to create economic growth and develoment by reducing unemployment and developing skill of citizens to meet the job requirements

Which visual aid best pinpoints precise amounts?bar graph
line graph
pictograph
pie chart

Answers

The correct answer for the question that is being presented above is this one: "line graph." The visual aid that best pinpoints precise amounts is the line graph. Line graph is very useful in displaying data or information that changes continuously over time and including precise values.

Answer:

Line graph is the answer!!

Explanation: