Briefly describe competitive advantage
What will be an ideal response?
Competitive advantage refers to an advantage over competitors gained by offering greater customer value, either by having lower prices or providing more benefits that justify higher prices.
You might also like to view...
For the business market, a multipurpose absorbent used to clean up any type of spills would be an example of a(n) ________
A) repair product B) operating supply C) maintenance product D) restoration product E) consumer product
________ involves examining past personnel data to determine historical relationships among the number of employees in various jobs or job categories.
A. Regression analysis B. Personnel ratios C. Productivity ratios D. Job analysis
To compute the variable overhead cost variance, first compute the difference between actual cost and standard cost. Then, multiple this difference by standard quantity
Indicate whether the statement is true or false
Earliest due date (EDD) is a priority-sequencing rule that states the job requiring the shortest processing time is the next job to be processed
Indicate whether the statement is true or false