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Q: What is comparative management advantage and function?
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Related questions

Has any company ever get comparative advantage in all good?

comparative advantage


Can you give me a sentence with the word comparative advantage?

i have a comparative advantage in sports when i play with the other girls


Define comparative advantage?

When a company or an individual makes a product or carry out a certain economic activity better than its competitors is called comparative advantage. A comparative advantage gives the company an advantage to make higher profits.


What is the ability of an entity to produce a good at an opportunity cost that is lower than that of another producer?

Comparative advantage :)


How do you trade arise with comparative advantage?

Trade arises under comparative advantage because of differences in pretrade relative prices.


What is comparative management?

Comparative management analyzes the extent to which management principles are applicable from one country to another. Since the leader in the development of management principles is the United States, comparative management seeks to determine the applicability of American know-how to foreign locales. Although the concept of comparative management evolved in the late sixties, it continues to be the subject of considerable debate.


What are the various ways in which communication can be used to support the management functions in an organisation in order to gain an advantage over ones competitors?

how can communication help management function to gain advantage over it's competitors


What is comparative advantage in Grenada?

give me the answer


How does outsourcing relate to the concepts of comparative advantage and efficiency?

How does outsourcing relate to the concepts of comparative advantage and efficiency?Read more: How_does_outsourcing_relate_to_the_concepts_of_comparative_advantage_and_efficiency


Can you put comparative advantage in a sentence?

One sentence that uses "comparative advantage" in a sentence is, "A small business has a comparative advantage." The phrase pertains to the capability of a company to produces goods and services which are lower in cost compared to other companies.


What are the Problems of comparative management?

capital intensive


What is the ability to produce a good or service at a lower opportunity cost than other producers incur is known as?

Comparative Advantage.