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What is a large company's ability to take advantage of economies of scale?
The company can offer goods more cheaply than smaller retailers
What results from a large company and acutes ability to take advantage of economies of scale?
A large company's ability to leverage economies of scale typically results in reduced per-unit costs as production increases, allowing it to operate more efficiently. This can lead to lower prices for consumers, enhanced competitive advantage, and increased market share. Additionally, it may enable the company to invest in innovation and improve product quality, further solidifying its position in the market. Ultimately, these factors contribute to higher profitability and long-term sustainability.
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 :)
The concept of competitive advantage in business organizations?
A Competitive advantage describes the ability of a firm to be better at something than all other firms in that industry. This advantage allows the firm to differentiate their product/themselves by being 'better' than their competition. Not to be confused with comperative advantage, which focuses on a firms ability to be better at something COMPARED to another firm.
What is the ability to produce a good or service at a lower opportunity cost than other producers incur is known as?
Comparative Advantage.
What is a large company's ability to take advantage of economies of scale?
The company can offer goods more cheaply than smaller retailers
What results from a large company and acutes ability to take advantage of economies of scale?
A large company's ability to leverage economies of scale typically results in reduced per-unit costs as production increases, allowing it to operate more efficiently. This can lead to lower prices for consumers, enhanced competitive advantage, and increased market share. Additionally, it may enable the company to invest in innovation and improve product quality, further solidifying its position in the market. Ultimately, these factors contribute to higher profitability and long-term sustainability.
What is a current piece of Australian legislation that has relevance to the workplace and a companys ability to reach efficiency targets?
the north place
Which of the following was an advantage of the British in the American Revolution?
The ability to enlist foreign soldiers, Loyalists, and Native Americans in their military forces.
What type of advantage the ability of a machine to increase output force?
mechanical advantage
What is the advantage of an oracle?
The advantage of an oracle is its ability to use the centralized management system.
What kind of degree do you have to have to be a sales representative?
A degree in BS is essential and an ability to persuade is an advantage. A degree in BS is essential and an ability to persuade is an advantage.
What type of advantage describes the ability to of a machine to increase output force?
mechanical advantage
What is the reason for statement of financial position to provide information about the companys ability to repay its debts?
to help determine whether or not investors want to invest.
What is an advantage of binary fission?
the ability to reproduce quickly
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 :)
What type of machine advantage describes the ability of a machine to increase output force?
mechanical advantage
