0
When a company is good at performing a particular internal activity it is said to have?
When a company excels at performing a particular internal activity, it is said to have a competitive advantage in that area. This advantage allows the company to deliver greater value to its customers, either through lower costs or enhanced product offerings. Such proficiency can lead to increased market share and profitability, as it differentiates the company from its competitors.
What else can I help you with?
What is objective of benchmarking?
Determine whether a company is performing particular value chain activities efficiently Understand the best practices in performing an activity Assess if costs are in line with competitors Learn how lower costs are achieved Take action to improve cost competitiveness.
What is internal hire?
When a company chooses to fill an open position with someone who is already employed in the company, this is an internal hire.
What is internal liability of business?
The total amount of debts payable by a business to its owners are called internal liabilities e.g., capital.Example-For a company Internal liability mean that company will pay salary, so salary is internal liability, and the company will pay interest to bank it is external liability.
What is the difference between internal and external factors?
In any Company there are Internal Factors affecting the company and External Factors affecting the company. Internal Factors are Management Descisions on what sort of business the company is in, quality of services or stock sold by the company. External Factors affecting the company include the Global Financial Crisis, government policies, and central bank interest rates.
Is Cash from issuance of long term debt finance or investment?
Cash received from long term debt is a financing activity from company point of view while investment from investor point of view, same as while company purchase shares of other company it is investing activity from company point of view while financing activity from other company's point of view.
What is objective of benchmarking?
Determine whether a company is performing particular value chain activities efficiently Understand the best practices in performing an activity Assess if costs are in line with competitors Learn how lower costs are achieved Take action to improve cost competitiveness.
What exactly is an internal audit?
An internal audit is an activity undertaken within a company or organization by an independent authority which looks objectively at the company operations. It reviews its practices and compliance features.
What are concepts of outsourcing?
Outsourcing is to get job done from third party instead of performing that activity by itself in company for example one company thinks that it will be more beneficial to manufacture product from other company rather to produce by itself this is called outsourcing.
What is a service company in performing arts?
A service company in the performing arts is an organisation or business that supplies the amenities for a production company to showcase live or recorded entertainment.
Make a sentence using the word internal?
The internal politics of this company are very complicated.He gave them some internal information about this company.
What do you mean by internal and external liability of the company?
internal liability mean that company will pay salary, so salary is internal liability, and the company will pay interest to bank it is external liability.
If a manufacturing company is using activity based costing for internal purposes only then organization sustaining overhead costs should not be allocated to any of the products true or false?
True
What is internal hire?
When a company chooses to fill an open position with someone who is already employed in the company, this is an internal hire.
Why do investors need accounting information?
Investors need the accounting information to see that how company is performing to decide whether to invest or not in company.
What is internal liability of business?
The total amount of debts payable by a business to its owners are called internal liabilities e.g., capital.Example-For a company Internal liability mean that company will pay salary, so salary is internal liability, and the company will pay interest to bank it is external liability.
What is Internal reconstruction in company?
Capital of a company is reorganized to infuse new life in the company.
Distinguish between internal and external reconstruction of a company?
internal reconstruction no new company is formed in external reconstruction an existing company is dissolved and a new company is formed with the same shareholdders. there will be absence of liquidation expenses in internal reconstruction. liquidation expenses is present in external reconstruction.
