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They're all competing with each other for business - whether that's commercial or personal banking.
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When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
How can food processing help in the economy of your country?
A nation's economy can be helped by the development of industries that use a principle called competitive advantage. If the cost to the nation (in terms of what it must give up to perform the tasks of that industry) are lower than those in economies with which it might trade, that nation is said to have competitive advantage. The industry will then stimulate beneficial trade for the nation processing the food. In the current global economic environment, industries that are labor intensive, such as food processing, can be good candidates for this beneficial trade.
Difference between Competitive Advantage and Comparative Advantage?
Comparative advantage (of a country or firm, for example) is *given* by the access to certain resources that others don't have. Usually this is related to natural resources. I say "access" because it doesn't matter if you are or are not the owner. On the other hand, competitive advantages are *created* by combining different resources, primarily knowledge. In management this is equivalent to "rise barriers" for competitors, in the sense that a true competitive advantage is that one that is difficult to be copied by the competitors (although not impossible.) Due to the nature of the comparative advantages, it is usually said that they provide you a "static" advantage, something that others can surpass by using their competitive advantages, which are said to be "dynamic." Feel free to make corrections to my answer.
Who said a good environment is good business?
Dr: M. swaminadhan
Why business cannot operate in a vacuum?
When it is said that a business cannot operate in a vacuum, it has almost the same meaning as any other organization, be it a government, a college or a hospital. For example, a business that produces books, cannot be workable all by itself. It is dependent on writers, the market place and even the cost of paper. It means that without related "partners" a business cannot work at all.
While producing less then the competitive output decreases social welfare. Can it be said about producing more than the competitive output?
Yes
When an animal body resembles its environment it is said to have?
When an animal's body resembles its environment, it is said to have camouflage.
Is tyra banks a plus model?
yes she is, she said she was.
What did Hamilton mean when he said in the report of manufactures that banks are the nurseries of national wealth?
What did Hamilton mean when he said in the report of manufactures that banks are the nurseries of national wealth ? Can anyone answer this for me please/!!!!!
What baseball player said Let's play two?
Ernie Banks
When an animal resembles its environment it is said to have what?
camoflage
Do you have to have a driver's license to operate a forklift at the job site?
my husband said yes
Who said It's a great day for two on the Chicago Cubs?
Ernie Banks
What is tyra banks family history?
Tyra Banks is 31 she was born December 4th. She has a mother Carolyn London and a father Donald Banks but they divorced when she was six. She has a brother devin and im not sure but someone said she has a sister named star?
When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
What is retail environment?
Any activity that is directly connected to the ultimate consumer is a retail activity. The environment under which the said activities are carried out is retail environment.
Can you make my windows 7 operate my family tree maker?
a month ago someone from FTM said they could fix my windows 7 to operate from there How do I find this person again?
