Answer:
C. <u>at least several</u>
Explanation:
Competitive advantage refers to a favorable situation or position a business enjoys over it's competitors owing to it's specialization or strength in performing a specific operation.
For example, in case of telecommunication, one company's competitive advantage could be superior network coverage with lower call drops than it's competitors.
In order to survive and grow, a business should try and gain competitive advantages in at least several fields and yet at the same time retain and maintain those competitive advantages over a period.
Answer:
Forcast the availability of internal job candidates.
Explanation:
Markov analysis is a progressive probability matrix. Markov analysis was created to identify the probabilities of job incumbents that are remaining in their different jobs for the prediction period.
Markov analysis describes the movement of job incumbents( officers and directors) from one state to another during a one time period.
Markov processes are a particular group of mathematical models which are sometimes applied in a variety of decision troubles.
Markov models can be used to identify different patterns, make suitable predictions and also learn the various figures of sequential information.
Italy requires less worker hours to produce both olive oil and wine. Therefore the answer is D. Italy has an absolute advantage in wine and oil production.
By definition, opportunity cost is the cost of the next alternative that you gave up because you choose another one. In this case, there are two alternatives: the closer gas station and the farther gas station. Because you chose the cheaper but farther gas station, then the opportunity cost is $2.50 for the closer gas station.
Answer:
Option D,50% is the correct answer.
Explanation:
Dividend payout ratio is an important financial measure which measures the ratio of company's dividends payment to net income of the company.
This implies the portion of income earned in a year given to shareholders as dividends while the remains is kept in the business as source of further growth.
Dividend payout ratio=dividends/net income=$100/$200=50%
