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In an attempt to regain a competitive edge, U.S. firms have increasingly focused on innovation and technology adoption, investing in research and development to enhance product offerings and efficiency. Many companies are also reshoring manufacturing operations to reduce supply chain vulnerabilities and improve responsiveness to market demands. Additionally, there is a growing emphasis on sustainability and corporate social responsibility to align with consumer preferences and regulatory requirements. These strategies aim to bolster competitiveness both domestically and globally.

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6d ago

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Why is it possible for competition among firms to force down to capital intensive production?

It is possible for competition to force competitors into capital intensive production in order to compete. When a firm does this, they can gain a competitive edge over others in the industry and get more customers because their competition will have to charge more to cover the expenses.


When responding to inquires if the information being shared will give anotehr individual an unfair advantage or competitive edge it is considered to be?

competition sensitive


Which area do you believe contributes most to helping a company gain a competitive advantage?

Price, service and location can contribute to a company's competitive edge. Sometimes, one of the above elements is enough but should be weighed against other factors. A price that's low in comparison to XYZ Mart gives a business an advantage. Many people will go out of their way to find a bargain. A company's service is like a business card. It represents you, your business. A company with quicker service and good results could have a competitive edge. A company that's easily accessed has a competitive edge. People are likely to do business where there's no hassle getting to and from a location. Still, all elements have to be looked at in totality.


What are some good stock brokerage firms?

Some good stock brokerage firms are: eTrade, TradeKing, TD Ameritrade, Firstrade, USAA, Merrill Edge, Scottrade, Just2Trade, Options House, TradeMonster, to name a few. One should compare features of each firm before investing.


What is the best rated online brokerage firm?

The best rated online brokerage firms are E*Trade, Fidelity, Scottrade, TD Ameritrade, TradeStation, Firstrade, Charles Schwab, Merrill Edge, and Just2Trade.

Related Questions

What hAS US manufacturers done to regain a competitive edge?

In an attempt to regain a competitive edge, United States firms have


When did Competitive Edge Motorsports end?

Competitive Edge Motorsports ended in 2006.


When was Competitive Edge Motorsports created?

Competitive Edge Motorsports was created in 2004.


How firms compete with each other and how they attain and sustain competitive advantage is the essance of what type of management?

The essence of how firms compete and achieve sustainable competitive advantage falls under strategic management. This field focuses on the formulation and implementation of major goals and initiatives, taking into account resources and the external environment. By analyzing competitors, market trends, and internal capabilities, firms can develop strategies that differentiate them and create value. Ultimately, effective strategic management enables organizations to adapt and maintain their competitive edge over time.


Definition of competitive edge?

the intensity of desire or enjoyment


What are the release dates for Extreme - 1995 Competitive Edge 1-5?

Extreme - 1995 Competitive Edge 1-5 was released on: USA: 23 March 1995


What kind of stress provides a competitive edge?

Controlled stress


What kind of stress reduces a competitive edge?

uncontrolled stress


What are the release dates for The Rockford Files - 1974 The Competitive Edge 4-19?

The Rockford Files - 1974 The Competitive Edge 4-19 was released on: USA: 10 February 1978


How are the nature of imitation in neoclassical?

In neoclassical economics, imitation refers to the process by which firms emulate successful strategies or behaviors of their competitors to achieve a competitive edge. It is seen as a rational response to market dynamics and a way to improve efficiency and performance. Through imitation, firms seek to capitalize on the experiences and successes of others rather than solely relying on innovation.


Those who contend that oligopolists are likely than more competitive firms to engage in R and D say that?

Those who argue that oligopolists are more likely to engage in R&D than firms in more competitive markets suggest that oligopolists have greater financial resources and the ability to invest in long-term innovation. They also face less price competition, allowing them to focus on developing new products or technologies to gain a competitive edge. Furthermore, the potential for significant market share gains from successful innovations can incentivize oligopolists to invest heavily in research and development.


Can competitive sports push you over the edge?

no but your poor sexual life can..