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Cost advantages from proprietary know-how refer to the unique insights, processes, or technologies that a company possesses, which allow it to produce goods or services more efficiently than competitors. This can lead to reduced production costs, higher quality outputs, or faster time-to-market, ultimately enhancing profitability. Such advantages can arise from innovation, specialized expertise, or exclusive access to certain resources, enabling a company to maintain a competitive edge in its industry.

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What did the market economy mean for New Jersey while it was a proprietary colony?

That government played a limited role in the economy.


What does cost effective mean?

Cost-effective is the principal of going for the lowest cost.


When it was originally settled South Carolina was known as a proprietary colony what did that mean?

A proprietary colony is one that was owned and governed by a chartered partnership or company that had secured a royal grant. The owners established and operated the colony and appointed its officials. This was a form of indirect rule by the country involved. Other colonies were "crown colonies" where the officials were appointed by the monarch (king) and his government as their direct representatives.


What are the advantages of a Photocopier?

Do you mean as opposed to chiseling copies on stone tablets? Please clarify your question.


Did argos have any advantages in the ancient olympic games in Greece?

argos did have some minor advantages in the ancient Olympic games. Their athletes had a ton of muscle, and were stronger than most athletes. Their athletes were trained in the arts and sciences. However, just because they were strong does not mean that they always won the Olympic games. Their biggest rivals were Sparta and Athens. Anyways, because their athletes were strong, they could easily crush their equals, the athletes from Corinth, a seaside city-state. Also, since they were trained in the sciences and arts, they always had a complicated plan of how to win a game. So, those were basically the advantages Argos had. Even though Argos did not have many advantages in the Ancient Olympic Games, their two advantages did go a long way.

Related Questions

What is mean by cost disadvantage independent of scale?

Refers to cost advantages that established firms in a particular industry have, and which new entrants cannot duplicate. Common examples are government subsidies, access to raw materialls, proprietary technology, and prime real estate locations.


What are the advantages of applying for college credit online?

If you mean applying for online college courses (for which you'd be getting credit), vs going to a physical classroom, then the advantages are saving on the cost of commute, flexibility of schedule, and often a lower cost for tuition.


What does the term proprietary name mean in medications?

It is the Brand Name of a Drug.


What word would mean belonging to one company?

I think that proprietary is the closest answer.


What are some advantages of breaks hotels?

Some advantages of a short hotel break is that it will cost less than a full vacation break. A short hotel break does not mean you cannot have as much fun as a full vacation.


What does 'proprietary' mean in regards to computer terminology?

That which is the most important - proprietary software is required to run some of the many programs ... sometimes that type of software runs several applications and/or controls how they function.


Are there any non-proprietary veterinary technician schools in the USA?

All veterinary technician schools will give you a course which will consist of largely the same curriculum. It's not clear what you mean by non-proprietary.


What does non - trade items mean?

Because of high transportation costs or the absence of strong international cost advantages, some items will be made by the country itself.


What does a royal charter or proprietary colony mean?

There were 3 types of colonies: Royal, Charter, and Proprietary. Charter colonies were given by the king, and some group had the power in that colony. Royal colonies were ruled directly by the king. Proprietary colonies were usually given to a single individual, who could do as he pleased, in terms of ruling that colony.


Word variations of the word knowledge?

Variations of the word knowledge: Know Knowhow Known knowledgeable Unknown Unless you mean other words for knowledge: Expertise Experience Education Information Learning Facts


Is AIX programmable?

Depends on what you mean by "programmable". AIX is the commercial offshoot version of UNIX provided by IBM and is proprietary.


Four advantage of geometric mean?

advantages of geometric mean