explain how operations strategy can help a business sustain its competitive advantage.

please answer this question in an essay.

Answers

Answer 1

Answer:

Operations can help a business sustain their competitive advantage by reducing its cost without considering the way they are reduced.

Explanation:

First of all, to create a business competitive advantage the business has to be more profitable than its competition. In other words, they need to make money in a more effective way than its competitors. This means that they have more margin of profit, instead of selling more. Now, in operations, this works the same. However, the reasons might come from different sources. Whether by having technology more advanced than its competitors. By having more productive processes, or by using materials bought at cheaper prices.


Related Questions

government and not-for- profit accounting concepts and practices by granof, khumawala, calabrese and smith - john wiley & sons (9th edition)

Answers

Government and not-for-profit accounting is a specialized field that focuses on the accounting principles and practices applicable to governmental organizations and non-profit entities.

These entities have unique characteristics and reporting requirements that differ from for-profit organizations. Some key concepts and practices in government and not-for-profit accounting include:

1. Fund Accounting: Government and not-for-profit organizations typically use fund accounting, which involves segregating financial resources based on their specific purposes or restrictions. This allows for better tracking and reporting of resources for different programs or projects.

2. Budgeting and Appropriations: Governments and not-for-profit organizations operate on budgets and often receive appropriations or grants from external sources. It is important to track and report on the utilization of these resources in accordance with budgetary and legal requirements.

3. Revenue Recognition: Government and not-for-profit entities receive revenue from various sources, such as taxes, fees, grants, and donations. Proper recognition and accounting for these revenue sources is crucial to ensure accurate financial reporting.

4. Financial Reporting: Government and not-for-profit organizations are required to prepare financial statements that provide information on their financial position, activities, and cash flows. These financial reports often include a Statement of Net Position, Statement of Activities, and Statement of Cash Flows, among others.

It is recommended to refer to the book you mentioned or consult other reliable sources for a more comprehensive understanding of the subject matter.

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Select all items that describe characteristics of a website theme.

applies to the overall website design

defined after a site has been built

harmonizes all parts of a website

can make it more difficult for a team to work together

conveys a feeling to the target audience

optimizes a site's usability

Answers

Answer:

1,3,4&5

Explanation:

Answer:

1, 3, 5, 6

Explanation:

Incremental analysis is to consider the opportunity cost that arises from different initial costs. O True O False
One advantage of Rate of Return analysis is that no interest rate is introduced into the calculations. O True O False

Answers

False. Incremental analysis considers opportunity costs beyond initial costs.

False. Rate of Return analysis incorporates interest rates in the calculations.

Bogus. Gradual examination is a dynamic method that includes assessing the possible expenses and advantages of various choices to decide the most beneficial or profitable choice.

It considers opportunity costs, yet it goes past starting expenses. Gradual examination centers around the progressions in expenses and incomes between options, considering both the extra expenses and advantages that emerge from picking one choice over another.

Bogus. One benefit of Pace of Return (RoR) examination isn't that no loan fee is brought into the computations. Truth be told, RoR examination expressly consolidates the idea of loan fee or required pace of return.

RoR investigation is utilized to survey the benefit of a speculation by contrasting the normal gets back with the necessary pace of return or cost of capital.

It requires into account the investment worth of cash, which perceives that a dollar got in what's to come is valued at under a dollar got today because of the open door cost of effective financial planning capital somewhere else. Hence, loan costs assume a urgent part in RoR examination to decide if a venture will produce a good return.

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You run a small business that manufactures park benches. A single high-grade
bench you offer is made from the following direct costs.
1. Lumber - Oak
$7.50 5. Direct labor
$10.60
2. Concrete
$1.56 6. Delivery cost
$ 6.20
3. Metal screws
$ .75 7. Advertising
$ 1.32
4. Wood stain
$.79
What are the total direct costs for manufacturing 940 high-grade benches?

Answers

Answer:

$19,928

Explanation:

Direct Costs are costs that vary directly with the number of units produced.

Calculation of Total total direct costs for manufacturing

Consider only direct manufacturing costs per unit

1. Lumber - Oak                $7.50  

2. Concrete                       $1.56  

3. Metal screws               $ 0.75  

4. Wood stain                   $0.79

5. Direct labor                 $10.60

Total                               $21.20

Therefore,

Total Cost = Unit Cost x Units manufactured

                 =  $21.20 x 940

                 = $19,928

Conclusion

The total direct costs for manufacturing 940 high-grade benches is $19,928

In host countries, this factor does not produce boundary-crossing problems: O a. Low levels of scientific and technical sophistication O b. International business standards Oc The practice of negotiating tax rates O d. Low levels of economic development

Answers

C. The practice of negotiating tax rates. In host countries, negotiating tax rates does not produce boundary-crossing problems.

This is because tax rates are typically subject to negotiation between the host country and foreign businesses or investors. It is a common practice for countries to negotiate tax incentives or exemptions to attract foreign direct investment. This process allows host countries to balance their economic development goals with the interests of foreign investors, promoting mutual benefits and reducing potential conflicts. On the other hand, factors such as low levels of scientific and technical sophistication, international business standards, and low levels of economic development can create challenges and barriers to cross-border activities, including technological transfer, regulatory compliance, and market accessibility.

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Material requirements plus an allowance for normal inefficiencies are added together to determine the.

Answers

Material requirements plus an allowance for normal inefficiencies are added together to determine the  Quantity Standard

What are quality standards ?

Quality standards are sets of good management practices, methods, systems, requirements, and/or specifications established by industry advisory groups to help manufacturers achieve and demonstrate consistent production and product quality.

A quality standard is a detail of the requirements, specifications, the various guidelines and characteristics to be able to meet its quality by the product in order to meet the purpose of the product, process or the service. ISO international standards are the most widely accepted set of quality standards adopted by majority of firms across countries. In case if a company fails to meet its quality standards

Advantages of Quality Standards :

Advantages of having quality standards in a manufacturing company are:

1. It helps save costs & improves productivity.

2. Increases customer satisfaction with high quality products & services.

3. Sets minimums standards of quality for processes, products & services.

4. Maintaining quality standards increases safety of workers.

5. Good communication enables smooth flow of operations & avoid mistake repetition.

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in your own words, why do you think it is important to write a cover letter?

PLEADF IM SO DESPERATE

Answers

Answer:

no not really

Explanation:

but in most cases they are important

Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

State any five reasons why an entrepreneur may carryout Market survey​

Answers

Answer: Whether you are thinking of venturing into a new market or launching a new product, conducting a marketing assessment is the crucial first step in determining if there is a need or a potential customer base for your product. to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it... Why is market research important for new business ideas? Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. Determine key market factors: Cost, Consumer Demographics, Challenges, Opportunities. ... These factors will help you determine how you will need to market to consumers, face your competition, and develop your overall business plan.

Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!! :D

Explanation:

Which resource can you use to view business or suppliers divided into different categories?

You may use online or offline (blank) to view businesses or suppliers classified into different categories.

Answers

Answer:

yellow pages

Explanation:

Answer:

It's "Yellow Pages"

Explanation:

I got it right!!

In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?

Answers

Answer:

In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.

Explanation:

A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.

If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.

does doja cat deserve her fame? what do you think?

Answers

yes she’s a talented queen
yeah shes good and i feel like she’s very creative

Suppose avon and nova stocks have volatilities of 50% and 25%, respectively, and they are perfectly negatively correlated. What portfolio of these two stocks has zero risk?

Answers

The expected return and volatility of the portfolio are equal, which means that the portfolio is perfectly correlated. Expected volatility of the portfolio is 22.5%

In a portfolio of two stocks that are perfectly negatively correlated, the portfolio will have zero risk if the stocks are perfectly correlated in terms of their returns. This means that if one stock goes up, the other stock will go down, and vice versa.

If the volatilities of the two stocks are 50% and 25%, respectively, then the expected return and risk of the portfolio can be calculated as follows:

Expected return of the portfolio:

\(=\sqrt{ [(0.5)^2 * 50 + (0.5)^2 * 25] } \\ = 22.5\)

Expected volatility of the portfolio:

\(= \sqrt{ [(0.5)^2 * 50 + (0.5)^2 * 25]\)

== 22.5

The expected return and volatility of the portfolio are equal, which means that the portfolio is perfectly correlated. In this case, the portfolio has zero risk because the returns of the two stocks are perfectly negatively correlated and the volatility of the portfolio is equal to the sum of the volatilities of the individual stocks.  

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How is the Social Security tax
collected?
A. It is an additional tax taken out of a person's pay
check.
B. It is part of the money taken out as federal income tax.
C. It is part of the money taken out as state income tax.
if they wish

Answers

It could be either A because it’s taken out of a person’s paycheck
It could be A but most likely B

The government tax for a sole proprietorships and a partnership is classified under
A. personal income
B. small corporations
C. tax free businesses
D. nonprofit organizations

Answers

Answer:

the answer is personal income

Answer:

A. personal income

Explanation:

got it right on edgu 2021

Which cylindrical container must you purchase if the blueprint is to fit fully in the container? Use 1 meter equals 39.37 inches.

Answers

Answer:

Cylinder 2

Explanation:

Given (Missing Information):

\(Blueprint = 40\ in\)

\(Cylinder\ 1 = 0.75\ m\)

\(Cylinder\ 2 = 1\ m\)

\(Cylinder\ 3 = 1.25\ m\)

Required

Which container fits fully into the blueprint

First, we convert the length of each container from metres to inches

\(Cylinder\ 1 = 0.75\ m\)

\(Cylinder\ 1 = 0.75 * 39.37\ in\)

\(Cylinder\ 1 = 29.5275\ in\)

\(Cylinder\ 2 = 1\ m\)

\(Cylinder\ 2 = 1 * 39.37\ in\)

\(Cylinder\ 2 = 39.37\ in\)

\(Cylinder\ 3 = 1.25\ m\)

\(Cylinder\ 3 = 1.25 * 39.37\ in\)

\(Cylinder\ 3 = 49.2125\ in\)

Comparing the length of each cylinder to the blueprint.

\(Cylinder\ 1 = 29.5275\ in\)

\(Blueprint = 40\ in\)

The difference between both lengths is too much. This implies that cylinder 1 will not fit the blueprint; instead, it will be loose in the container

\(Cylinder\ 2 = 39.37\ in\)

\(Blueprint = 40\ in\)

The length of this cylinder approximates to the blueprint . This implies that cylinder 1 will fit the blueprint.

\(Cylinder\ 3 = 49.2125\ in\)

\(Blueprint = 40\ in\)

The length of this cylinder exceeds the length of the blueprint. Hence, it will not fit.

From above, we can see that only cylinder 2 fits the blueprint.

PLEASE HELP ME I AM TIMED WILL MARK BRAINLIEST!!!!!!!!!!
During his annual job performance review, Tim’s supervisors said he was skilled at interviewing people and could act quickly in an emergency. However, they wanted him to become more proficient using weapons and other tools.



What is most likely Tim’s career?

Firefighter
Crossing Guard
Magistrate Judge
Police Officer

Answers

Answer:

policer Officer

Explanation:

Describe the three different ways the argument section of a cover letter can be formatted.

Answers

Answer:

i think they are personal, formal and informal

Explanation:

im not sure but i think thats it

The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.

The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.

The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.

Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.

Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.

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what is not considered a management challenge for youth sport in north america? group of answer choices management of volunteers financial viability conflicts over the mission and goals of the organization all of the above are considered challenges

Answers

All of the options listed (management of volunteers, financial viability, and conflicts over the mission and goals of the organization) are considered management challenges for youth sport in North America. Each of these areas poses unique obstacles and requires careful attention and strategic management.

The management of volunteers is crucial in youth sports as it involves recruiting, training, and coordinating individuals who contribute their time and skills to support the organization. Ensuring effective communication, engagement, and retention of volunteers can be a challenge that requires strong leadership and organizational skills.

Financial viability is another significant management challenge. Youth sports organizations often rely on funding sources such as sponsorships, fundraising, and participant fees to cover various expenses. Managing budgets, securing adequate funding, and making sound financial decisions are essential to maintaining the organization's operations and sustainability.

Conflicts over the mission and goals of the organization can arise when different stakeholders have diverging views on the purpose and direction of the youth sports program. Managing these conflicts involves effective communication, consensus-building, and aligning the organization's vision with the needs and expectations of participants, parents, coaches, and other key stakeholders.

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Which of the following does NOT belong on the asset side of a balance sheet?
a) Accounts receivable
b) Expense
c) Cash
d) Inventory

Answers

The item that does NOT belong on the asset side of a balance sheet is Expense. The following explanation will provide more insights.

The balance sheet is one of the financial statements of a company that represents its financial condition at a particular point in time. The asset side of the balance sheet is the left side, and it shows what the company owns, whereas the liability and equity side is the right side, and it shows what the company owes to others.Accounts receivable, cash, and inventory are all asset accounts, whereas expense is not. Instead, it is a cost that a company incurs in operating its business. It is not an asset that the company owns or holds. Therefore, the item that does NOT belong on the asset side of a balance sheet is Expense.

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consider how transaction costs affect foreign currency exchange. which of the following situations has the highest probable spread? the highest spread would be for an american returning from a trip to turkey who wants to exchange his turkish lira for u.s. dollars at the airport. a canadian tourist in germany paying for her hotel room using a credit card. honda motor company when it exchanges yen for u.s. dollars to pay american workers at its ohio manufacturing plant. citigroup and hsbc, both large commercial banks located in the united states and the united kingdom, respectively, which need to clear several large checks drawn on accounts held by each bank.

Answers

The highest probable spread in foreign currency exchange would likely be for an American returning from a trip to Turkey who wants to exchange his Turkish Lira for U.S. dollars at the airport.  

The highest probable spread in foreign currency exchange would likely be for an American returning from a trip to Turkey who wants to exchange his Turkish Lira for U.S. dollars at the airport.

This is so because the trade took place at a foreign exchange desk at an airport, which is probably going to have greater overhead expenses and less competition than other possibilities. As a result, the provided exchange rate may be less advantageous and the difference between the purchase and sell prices may be wider, raising the individual's transaction costs.

In contrast, the Canadian traveler in Germany who uses a credit card to pay for her hotel room may see a reduced spread because credit card transactions frequently have favorable exchange rates and cheap transaction charges.

The spread is likely to be lower for Honda Motor Company when it converts yen to dollars to pay American workers at its Ohio manufacturing facility because big businesses like Honda may have relationships with banks and other financial institutions that allow them to bargain for favorable exchange rates.

The spread is likely to be even smaller for Citigroup and HSBC, two sizable commercial banks with headquarters in the US and the UK, respectively, and which must clear a number of sizable checks drawn on their respective accounts. This is because these banks are likely to have access to wholesale foreign exchange rates that are even more advantageous than those provided to businesses.

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A fan base is, in most ways, quite similar to a customer base.
A. False
B. True

Answers

The correct answer is ‘True’.
True in some ways. A fan supports the person statistically however a customer supports a person financially

Choose the option that best matches the description given.

A different group of people who share similar needs is called a/an

Population group
Assistance group
Neighborhood

Please I need help

Answers

B the group is call an assistance group

what two methods are typically employed in the evaluation of a salesforce? multiple select question. salesforce automation behavioral evaluations presentation training quantitative assessments

Answers

When evaluating a salesforce, two methods that are typically employed are behavioral evaluations and quantitative assessments.

Behavioral evaluations involve observing and analyzing the behavior of sales representatives to determine their strengths and weaknesses. This method involves assessing the communication skills, customer service, and other qualities that contribute to successful sales.

Quantitative assessments, on the other hand, involve measuring the performance of sales representatives through metrics such as revenue generated, number of sales made, and customer satisfaction ratings. This method allows for a more objective evaluation of the salesforce's effectiveness and can identify areas for improvement.

In addition to these methods, salesforce automation and presentation training can also be employed to improve the salesforce's performance.

Salesforce automation can streamline the sales process, while presentation training can improve the quality of sales pitches and increase the likelihood of closing deals. Employing a combination of these methods can help organizations optimize their salesforce and achieve better results.

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Law of Supply states that, all other factors being equal, as the product price ________ the quantity of the product provided by sellers decreases.

Answers

Law of Supply states that, all other factors being equal, as the product price ________ the quantity of the product provided by sellers decreases.

Of A good or service increases

T/F: As asserted in "It's A Flat World, After All," if Wal-Mart were a country, it would be China's eighth-largest trading partner.

Answers

The given statement "As asserted in "It's A Flat World, After All," if Wal-Mart were country, it would be China's eighth-largest trading partner" is True. Because Wal-Mart imports vast amount of products from China to sell in stores and sources 70% of its merchandise from China



This partnership between Wal-Mart and China has had a significant impact on the global economy. On the one hand, Wal-Mart's demand for low-cost goods has helped to stimulate China's manufacturing sector, providing jobs and income for millions of Chinese workers. On the other hand, Wal-Mart's business practices have been criticized for exploiting workers in China and contributing to the widening income gap between rich and poor.



Overall, the relationship between Wal-Mart and China highlights the complex interplay between globalization, trade, and economic development. While the two have benefited from their partnership, there are also significant social and environmental costs that must be considered. As the world becomes increasingly interconnected, it is important to strike a balance between economic growth and social responsibility.

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This week, we are going to look at the business of sub-acute and post acute rehabilitation. Please read the required chapter. Please include in your answer, something new that you learned from reading the e-text.
Do a search on the web and find a sub acute or post acute facility. Look into the facility as if you needed to place a loved one there. What are the facilities pluses and minuses (use the criteria in our readings

Answers

When evaluating a sub-acute or post-acute facility, important criteria to consider include staffing, services offered, facility amenities, quality of care, and communication.

When evaluating a sub-acute or post-acute facility for a loved one, it's important to consider several factors. Here are some criteria you can use to assess the facility:

1. Staffing: Look into the qualifications and expertise of the healthcare professionals working at the facility, including doctors, nurses, therapists, and support staff. Adequate staffing levels are crucial for providing quality care.

2. Services and Programs: Evaluate the range of rehabilitation services and programs offered by the facility. Consider the specific needs of your loved one and ensure that the facility can provide the appropriate therapies, such as physical, occupational, or speech therapy.

3. Facility Amenities: Assess the facility's physical environment and amenities. Consider factors such as cleanliness, comfort, accessibility, and safety measures. Facilities that provide a pleasant and supportive environment can contribute to the overall well-being of the residents.

4. Quality of Care: Look for information on the facility's track record of providing high-quality care. Research their ratings and reviews, both from official sources and from families of previous or current residents. Check if they have any accreditations or certifications indicating adherence to industry standards.

5. Communication and Involvement: Assess the level of communication and involvement the facility encourages between staff, residents, and their families. Transparent and regular communication is essential for staying informed about the progress and well-being of your loved one.

Remember, each individual's needs and preferences may vary, so it's important to consider what matters most to your loved one and your family. Additionally, if possible, visiting the facility in person and speaking with staff and residents can provide valuable insights and help you make a more informed decision.

However, sub-acute and post-acute rehabilitation generally focus on providing specialized care and therapies for individuals who require intensive medical and rehabilitative services after a hospital stay. The goal is to help patients regain their functional abilities and independence, ensuring a smooth transition from acute care to home or a less intensive care setting. The specific approaches and best practices in sub-acute and post-acute rehabilitation may vary based on the healthcare provider and the needs of the individuals they serve.

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Supporters of free trade argue that it creates which economic benefit?
O A. Helping the environment by reducing emissions from shipping
B. Helping consumers by lowering the cost of goods and services
C. Protecting workers by enforcing international labor regulations
D. Promoting independence by reducing reliance on foreign goods

Answers

Answer:

B. Helping consumers by lowering the cost of goods and services

Explanation:

In a free-market economy, the private sector owns the factors of production. Entrepreneurs have the freedom to choose the type of business they want to run. Production is not limited to specific firms. Businesses are motivated by profits.

Many buyers and sellers characterize free-market economies. There is increased competition among sellers. The competition makes suppliers innovate to improve the quality of the goods and services they offer to customers. Due to competition, customers get quality products and competitive prices.

Answer:

B. Helping consumers by lowering the cost of goods and services

Explanation:

just got it right!

Which product most likely has a demand that is inelastic?.

Answers

Answer:  utilities, prescription drugs, and tobacco products

Explanation: necessities and medical treatments tend to be inelastic

how much would you cost to have a good night

Answers

Answer:

as much as i need

Explanation:

Nothing idc about sleep lol
Other Questions
How does the musician create the sound? (Talk about its pitch (high/how/medium), its volume (loud/soft/both?), its tone quality (mellow sound,hollow sound, nasal sound, shrill sound), its length (long, smooth, short, choppy), or any other auditory characteristics of the instrument) slope-y-intercept-equation- please help i need it asap Lets take the big picture of a topic and narrow it down to one word. Why did you choose that word and how does it encompass your ideas? Use specific details to support your choice. Prompt:This lessons excerpt of Ivanhoe characterizes Rebecca, the Jewish maiden, through her actions and her thoughts. Choose one adjective to describe Rebecca. In a brief paragraph, explain your word choice. Answer the questions from the picture Step by step A copy machine reduces an original document using the ratio 5:3. What is the length of a line segment on the copy if the original is 8 in. long? A farmhouse shelters 20 animals. Some are pigs and some are ducks. Altogether there are46 legs. How many of each animal are there? calcular el valor final de un capital de s/ 20.000 a interes compuesto durante 15 meses y 15 dias a la tasa de interes del 24% capitalizable mensualmente 3 trainers for every 12 dogs if there are 72 dogs how many trainers are needed if a1 = 4 and an =2an-1-1 then find the value of a4 What is a reflex?interaction of the information passing through neuronssimilar nerve cell bodies grouped together in a nervous systempart of the nervous system that connects the sensory receptors to the musclesbehavior that does not involve the "higher" centers of an animal's brain Find the general solution of the given system.dx/dt = 2x -7ydy/dt = 5x +10y +4zdz/dt = 5y +2z 4. Part A How many solutions does the equation 3x + 6 = 9(x + 4) have?What are the solutions? Show or explain your work. How did the Academy of San Carlos influence Mexican artists before the Mexican Revolution? How did the academy's teaching restrict the development of a national artistic and cultural identity? .(3x)(6x)?(12) The _________ is a large structure that directs the cell's activities. (please help me) . List the seven elements of effective communication. g Explain why x is a discrete random variable. A. The event x is a discrete random variable because the values of the random variable are countable and each possible outcome is equally likely. B. The event x is a discrete random variable because the values of the random variable are contained in one or more intervals and each possible outcome is not equally likely. C. The event x is a discrete random variable because the values of the random variable are countable. D. The event x is a discrete Which decimal is equivalent to 2680? Which two of the calculations give the same answer?12 31.4 +2.61.4 x 32.1+2.4