Answers
The attribute method of the element interface returns true if the element has the attribute that's specified in the parameter.
A specification that describes a property of an object, element, or file is known as an attribute in computing. Additionally, it has the ability to set or refer to a value for a particular instance of such. Attributes should actually be thought of as metadata. An attribute is frequently and generally a property of a thing. However, the term attribute can and commonly is considered equivalent to a property depending on the technology being discussed.
The attribute method is a method of the Element interface in the document object model that is used to determine if an element has a specified attribute. It takes a single parameter, which is the name of the attribute that a user wants to check for.
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Related Questions
How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
Answers
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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For a $150,000 mortgage, with interest rate 5,5%, paid over 15 years, the monthly payment is $1,225,63. After 2 monthly
payments, what is the balance of the loan?
Round to the nearest cent. Do not include the dollar sign or commas in the answer box.
Answers
342,282.114799
Subtract the two monthly payments
342,282.11-2,451.26
339830.85
Some of the forklifts we use in the distribution centers will have to be replaced in the second quarter of the 2023 financial year, and we have to start thinking about it soon! We always purchased the forklifts outright from available cash resources or funded them by borrowing the required funding from the bank. We have recently learnt that many companies choose to lease their forklifts. These forklifts normally last a good ten years if we take good care of them. Prepare some relevant information that needs to be considered in a decision to lease or purchase?
Report on the following:
● Different options in the market
● Accounting treatment of the options
● Tax implications of the options
● Cost differentials and
● Cash flow implications
What would the correct decision be for the company.
Answers
Different options in the market:
The distribution center has two options when it comes to replacing its forklifts – leasing or purchasing. With leasing, the center would use the forklifts for a specified period, usually a few years, and then return them to the leasing company. On the other hand, purchasing the forklifts will give the center permanent ownership of the forklifts.
Accounting treatment of the options:
Leasing forklifts is treated as an operating expense that is reflected in the income statement. The lease payments are recorded as expenses over the life of the lease. However, purchased forklifts are treated as a fixed asset that is depreciated over their useful life. The depreciation expense is recognized over several accounting periods on the income statement.
Tax implications of the options:
Leasing forklifts can provide significant tax savings for the business as the lease payments are fully tax-deductible expenses in the financial year they are made. In contrast, depreciation and interest expense for purchased forklifts are deductible over several years, so tax deductions are delayed.
Cost differentials and cash flow implications:
Leasing forklifts would result in lower upfront costs and lower monthly payments compared to purchasing, but the total cost of leasing is typically higher over the long term. In contrast, purchasing requires a substantial upfront payment or a loan, but the total cost is lower over the long term. Cash flow implications of purchasing include funding the entire upfront cost of the forklifts and paying for any maintenance and repairs needed over the lifetime of the forklifts, while cash flow implications of leasing include lower upfront costs but higher monthly payments, which will reduce available cash flow in the short term.
What would the correct decision be for the company:
The company should decide based on its financial situation, long-term business planning, and cash flow requirements. If the company has a limited budget, a short-term need for the forklifts, or requires the latest models frequently, leasing may be a better option. But if the company values ownership, anticipates long-term use or higher utilization, and has the cash resources or access to financing, purchasing may be the more cost-effective option. The decision should consider the financial implications, tax considerations, and cash flow requirements of either option.
Can u give me a list of ethical products that can start a business?
also give me list of creative inventions
Surely guys, if you answer this, you will get a noble prize and you are getting 50!!!!! POINTS, COME ON Answer this, please give good answers please!
Answers
Prepare a Trial Balance The following balances were taken from the general ledger of Howser Corporation as of December 31. All balances are normal
Cash 6000 Accounts receivable 10,800
Accounts payable 6000 Common stock 36000
Equipment 30000 Dividends 2400
Utilities expense 2,000 Administrative expense 8,000
Sales revenue 17,200
Prepare a trial balance Howser Corporation Trial Balanc Dec cember 31.
Answers
Answer:
Trial balance
Particulars Debit Credit
Cash $6,000
Account receivable $10,800
Equipment $30,000
Account payable $6,000
Common Stock $36,000
Dividend $2,400
Sales revenue $17,200
Administrative expense $8,000
Utilities expense $2,000
Total $59,200 $59,200
You work in a company that has begun selling annual subscriptions to its new online magazine. During December, the company sold the first subscriptions, receiving $600,000, which represents one-fifth of its revenues from all sources for the year. The entire amount has been collected in cash. As the end of the the year approaches, you notice that the company recorded the entire $600,000 to revenue and there is no plan to make an adjusting entry.
Draft a memo around two paragraphs in length to your supervisor, which explains the following:
The accounting error that has been made
The effect this error will have on the financial statements dated at the end of December
The problems that might result
The importance of fixing the error and what needs to be done to fix the error
Make sure to include proper grammar, spelling, etc.
Answers
The memo will indicate the accounting error that has been made and its effect on the financial statements.
The amount of $600,000 collected from the sale of the annual subscription to the new online magazine is the amount that was collected for the upcoming period of 12 months which will start by December of the current year.
Only $50000 of the amount will be recorded for the year. The related services for the remaining eleven months will then be $550000 and this should be reported as the unearned revenue.
The effect of the error is that there'll be an overstating of the net income or the current period by an amount of $550000 and there'll also be an understatement of the current liabilities by $550000.
In conclusion, the error needs to be fixed by debiting the revenue by $550000 and then crediting the unearned revenue by $550000.
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2+2= fishwitharms.......................................................
Answers
Answer:
yes
Explanation:
Mark and Mike are having a few beers together. Mike tells Mark about his lifelong quest to find the elusive pink elephant in the wilds of Africa. Mike tells Mark that Mike has spent 25 years and $2,000,000 to corner the animal in a specific field in Congo. Mike goes on to say that once he catches the animal, the San Diego zoo will pay him $100,000,000 for the animal. Mark decides to double-cross Mike and flies to the Congo with a crew and captures the animal exactly where Mike's crew had cornered it. Mike sues claiming the animal belongs to him. Who owns the animal?
a. Neither Mike or Mark. The animal is not personal property and cannot be owned.
b. Both Mike and Mark. They would own the animal as implied partners.
c. Mark. Since he captured the animal.
d. Mike. Since he spent enormous time and had the animal cornered.
Answers
Answer: c. Mark. Since he captured the animal.
Explanation:
With regards to the information given, the owner of the animal is Mark because he's the one who captured the animal.
It should be noted that the fact that Mike tells Mark that Mike has spent 25 years and $2,000,000 to corner the animal in a specific field in Congo doesn't mean that he's the owner of the animal.
Upon capturing the animal, under the law of ownership, the animal now belongs to Mark as he's the owner.
At December 31, DePaul Corporation had the following cumulative temporary differences associated with its operations:
Estimated warranty expense, $36 million temporary difference: expense recorded in the year of the sale; tax-deductible when paid (one-year warranty).
Depreciation expense, $116 million temporary difference: straight-line in the income statement; MACRS on the tax return. Income from installment sales of properties, $60 million temporary difference:
income recorded in the year of the sale; taxable when received equally over the next five years.
Rent revenue collected in advance, $36 million temporary difference; taxable in the year collected; recorded as income when the performance obligation is satisfied in the following year.
Required: Assuming DePaul will show a single noncurrent net amount in its December 31 balance sheet, indicate that amount and whether it is a net deferred tax asset or liability. The tax rate is 25%. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).)
Answers
Answer: $26 million Net deferred tax liability
Explanation:
Net deferred tax liability (asset) = (Taxable temporary differences - Deductible temporary differences)* Tax rate
Taxable temporary differences = Depreciation expense + Income from installment sales
= 116 + 60
= $176 million
Deductible tax differences = Estimated warranty expense + rent revenue collected in advance
= 36 + 36
= $72 million
Net deferred tax liability (asset) = (176 - 72) * 25%
= $26 million
Which one of the following taxes are NOT a mandatory, or
required deduction from your paycheck?
Federal Income Tax
O Retirement Savings
O State Income Tax
O FICA
Answers
State Income Tax can be deducted from paycheck.
State Income Tax are NOT a mandatory, or required deduction from your paycheck. Thus, its C.
What is State Income Tax?The majority of U.S. states also levy a state income tax in addition to the federal income tax that the nation as a whole collects. Several municipal governments also charge an income tax, frequently based on calculations made for the state income tax.
Individuals are subject to income taxes in 42 states and several localities in the US. A ninth state, New Hampshire, levies an income tax on individuals on dividend and investment income but not on other types of income.
Eight states have no state income tax. The income of companies is taxed by 47 states and numerous cities.
A fixed or graduated rate of state income tax is levied on the taxable income of individuals, businesses, and certain charities and trusts. Both the state and entity type tax rates are different.
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What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? and Why do you think investors put such a high premium on Salesforce.com’s stock?
Answers
Salesforce's fourth quarter of fiscal 2023, which concluded on January 31, saw a 14% year-over-year increase in revenue to $8.4 billion. Wall Street forecasts projected for $8 billion in revenue, thus this exceeded their projections.
Why investors put such a high premium on Salesforce.com’s stock?
Shares of Salesforce (CRM) are soaring after the software giant reported profits that above analyst expectations, provided a more optimistic outlook, and announced intentions to increase stock buybacks in response to pressure from activist investors. Salesforce's $8.4 billion in revenue increased by 14%, above the predicted 9.2% rise. The yearly revenue for Salesforce in 2023 was $31.352 billion, an increase of 18.35% over 2022.
Salesforce's yearly sales in 2022 increased by 24.66% from 2021 to $26.492 billion. A 24.3% rise from 2020, Salesforce's yearly revenue in 2021 was $21.252 billion. According to valuation criteria, Salesforce Inc. can be overpriced. It would not be a good choice for value investors, according to its Value Score of D. CRM's financial stability and expansion prospects show that company has the potential to perform worse than the market.
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Question 3
Which of the following changes in supply and demand will lead a product to become less scarce?
A decreased demand increased supply
B
increased demand, decreased supply
С
decreased demand, decreased supply
D
increased demand increased supply
Answers
Break-Even Sales
BeerBev, Inc., reported the following operating information for a recent year (in millions):
Sales $6,512
Cost of goods sold $1,628
Gross profit $4,884
Marketing, general, and admin. expenses 592
Income from operations $ 4,292
Assume that BeerBev sold 37 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remaining costs are fixed. For the following year, assume that BeerBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21.09 million.
Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places. Enter your answers in millions.
Answers
The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.
First, we need to calculate the total fixed costs for the current year
Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)
Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)
Fixed costs = $3,367 million
Next, we can calculate the contribution margin per barrel:
Contribution margin per barrel = Price per barrel - Variable cost per barrel
We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel
Average gross profit per barrel = Gross profit / Barrels sold
Average gross profit per barrel = $4,884 million / 37 million barrels
Average gross profit per barrel = $132 per barrel
Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel
Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold
Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels
Variable cost per barrel = $27.03 per barrel
Therefore, the contribution margin per barrel is
Contribution margin per barrel = $132 - $27.03
Contribution margin per barrel = $104.97
Finally, we can calculate the break-even sales in barrels for the current year
Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel
Break-even sales (in barrels) = $3,367 million / $104.97 per barrel
Break-even sales (in barrels) = 32.04 million barrels
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A client has created a budget based on their customer, Lou's Luggage. They want a report that shows actuals versus budget for this customer by quarter for the whole year.
Answers
Answer:
2. Select Lou's Luggage budget
3. Show grid Accounts vs. Quarters
4. Filter for Lou's Luggage customer
From online research, the question and multiple choices
Which 3 customization are necessary?(Select all that apply)
1. Filter by Paid status
2. Select Lou's Luggage budget
3. Show grid Accounts vs. Quarters
4. Filter for Lou's Luggage customer
5. Filter by Product/Service = Specified
Explanation:
Getting to Lou's luggage customer reports requires drilling down to the specifics. the system will give the reports by following the steps below.
2. Select Lou's Luggage budget
3. Show grid Accounts vs. Quarters
4. Filter for Lou's Luggage customer
a person who is close to retirement and looking for a less risky investment should invest in
A commodities
B stocks
C mutual funds
D cryptocurrency
Answers
Answer:
C mutual funds
Explanation:
they do all the work for you while you sit back and relax.
why is marketing research important to a business enterprise { essay }
Answers
Answer:
Market research can identify how customers and potential customers might view your business and identify gaps in customer expectations. This is powerful information to have when completing your marketing strategy. Having good market intelligence helps to minimise risks when making key business decisions.
Explanation:
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In each dropdown next to the following terms, select the identifying letter of its best description
A. Incurs costs without directly yielding revenues.
B. Provides information used to evaluate the performance of a department.
C. Holds manager responsible for revenues, costs, and investments.
D. Engages directly in manufacturing or in making sales directly to customers.
E. Does not directly manufacture products but contributes to profitability of the entire company.
F. Incurs costs and also generates revenues.
G. Provides information used to evaluate the performance of a department manager.
- cost center = ?
- investment center = ?
- departmental accounting system = ?
- operating department = ?
- profit center = ?
- responsibility accounting system = ?
- service department = ?
Answers
Answer:
A. Cost center.
B. Departmental accounting system.
C. Investment center.
D. Operating department.
E. Service department.
F. Profit center.
G. Responsibility accounting system.
Explanation:
A. Cost center: incurs costs without directly yielding revenues.
B. Departmental accounting system: provides information used to evaluate the performance of a department.
C. Investment center: holds manager responsible for revenues, costs, and investments.
D. Operating department: engages directly in manufacturing or in making sales directly to customers.
E. Service department: does not directly manufacture products but contributes to profitability of the entire company.
F. Profit center: incurs costs and also generates revenues.
G. Responsibility accounting system: provides information used to evaluate the performance of a department manager.
Allison wants to automate one of its production processes. The new equipment will cost $90,000. In addition, Jupiter will incur installation and testing costs of $5,000 and $4,500 respectively. The expected life of the equipment is 5 years and the salvage value of the equipment is estimated at $12,000. The annual cash savings are estimated at $29,000. The company uses straight-line depreciation and has a required rate of return of 9%. Ignore income taxes.A. Calculate the payback period for the investment Jupiter Ltd. is considering?B. What is the accrual accounting rate of return for the investment Jupiter Ltd. is considering?
Answers
Answer:
Jupiter Ltd.
A. The discounted payback period is:
= 3.2 years
B. The accrual accounting rate of return for the investment is:
= 57.79%
Explanation:
a) Data and Calculations:
Cost of new equipment = $90,000
Additional costs:
Installation $5,000
Testing 4,500 9,500
Total cost of new equip. $99,500
Rate of return = 9%
Savings:
Salvage value, $12,000 discounted by 0.650 = $7,800
Annual estimated cash savings, $29,000 by 3.890 = $112,810
Total savings = $120,610
Annual equivalent savings = $31,005 ($120,610/3.890)
Discounted payback period = $99,500/$31,005 = 3.2 years
The returns from the investment:
Salvage value = $12,000
Cash savings = 145,000
Total savings = $157,000
Initial investment 99,500
Returns = $57,500
Accrual accounting rate of return = $57,500/$99,500 * 100 = 57.79%
Future Cost: If one year of college currently costs $25,000, how much will it cost Grand Rapids, Michigan's resident Michelle Spindle to pay for one year of schooling for newborn daughter, Melissa, 18 years from now, assuming a 5 percent annual rate of inflation? Use Appendix A-1 or the Garman/Forgue companion website
Answers
With current rates of 25,000 dollars, Michelle Spindle will have to pay 52,360 dollars in fees for her daughter Melissa when she is 18 years old, assuming a 5 percent yearly rate of inflation.
Hence, answer is 52,360$
How to find?
Current fees= 25,000$
Annual Rate of inflation= 18%
So, by this per year increase would be = 25,000*18/100= 1250$.
After 18 years , the amount would be = 1250*18= 27,360
If, we add the current fees, then total amount would be= 25,000+ 27,360= 52,360$.
What is inflation, and what is an example?The gradual rise in the cost of goods and services over time is known as inflation. It causes money (like the U.S. Dollar) to lose value, which has negative effects including raising the cost of living.
Consider how much a sweets bar cost when you were a young child. Consider how much the same sweets bar would cost now.
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The demand for labor resource will increase, meaning the demand curve will shift rightward when:
Answers
Firms prefer hiring workers with higher productivities. Therefore, an increase in workers' productivity will increase the demand for labor and the demand curve for labor will shift to the right.
What is demand curve?A demand curve in economics is a graph that shows the relationship between the cost of a certain good (y-axis) and the amount of that good that is desired at that cost (the x-axis). Demand curves can be used to both the price-quantity connection for a single consumer (a single demand curve) and for all consumers in a given market (a market demand curve).
Demand curves are typically thought to slope downward, as the following graphic demonstrates. This is due to the law of demand, which states that when prices increase for most things, demand decreases. Certain peculiar circumstances do not adhere to this rule. Veblen goods, Giffen goods, and speculative bubbles are a few examples of this type of phenomenon. Buyers are drawn to an item if its price increases.
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Question 5 of 10
What are the disadvantages of a contract
for deed? Select two.
Answers
If a website is designed with responsive design concepts, then
Answers
If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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in the cash book, every cash receipt is______ and every cash payment is_______
Answers
Which of the following statements refers to the wage-price spiral process?
Answers
Answer:
what are the statements
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 26,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $525,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris’s actual manufacturing overhead cost for the year was $658,321 and its actual total direct labor was 26,500 hours.
Required:
Compute the company's predetermined overhead rate for the year.
Answers
Answer:
$23.2 per direct labor hour
Explanation:
Harris fabrics computes its plantwide determined overhead rate annually in the basis of direct labor hours
Predetermined Overhead rate= Total estimated overhead cost/Total estimated allocation base
The total estimated overhead cost can be calculated as follows
= $525,000 + 3×26,000
= $525,000 + 78,000
= $603,000
Therefore the predetermined overhead rate for the year can be calculated as follows
= $603,000/26,000
= $23.2 per direct labor hour
Mr Munzara is a currency arbitrager for BE Forward, Tokohama. The spot rate this morning is ¥111.22/$ and early indications are that short term interest rates in the USA, 90 – day rates, are about to rise from their current level of 3.125%. The central bank of USA, the Fed, is worried about rising inflation and has been publicly considering raising interest rates 25 basis points (0.25%). The 90 – day forward rate to Munzara by local Japanese banks are roughly the same at ¥111.14/$. The current 90 – day yen euro-deposit rate of interest is 2.156%. Mr Munzara has ¥800 million at his disposal.
(a) How can Munzara make a profit through covered interest arbitrage?
(b) How much in yen can he hope to make in profit in 90 days?
(c) If future spot exchange rates were determined by interest rate differentials alone (that is, if the forward rate was a very good forecast of future spot exchange rates), what would Munzara expect the spot rate to be in 90 days if the USA Federal Reserve Bank does the expected?
(d) If Munzara’s expectation of the future spot rate is that of part (c), what profit could he expect to make from uncovered interest arbitrage?
Answers
1. Borrowing in yen: Munzara borrows ¥800 million from a Japanese bank at the current interest rate of 2.156% for 90 days.
2. Converting yen to dollars: Munzara converts the borrowed yen to dollars at the spot exchange rate of ¥111.22/$, which gives him approximately $7,188,893.23.
3. Investing in the US: Munzara invests the dollars in a US bank or financial instrument that offers an interest rate higher than the yen interest rate.
4. Converting back to yen: After 90 days, Munzara converts the matured investment and interest earnings back to yen at the 90-day forward rate of ¥111.14/$.
5. Repaying the yen loan: Finally, Munzara repays the yen loan, including interest, to the Japanese bank.
The difference between the amount received in step 4 and the amount repaid in step 5 represents the profit from covered interest arbitrage.
(b) To calculate the profit in yen, we need to consider the interest earned on the dollar investment. Assuming Munzara finds a US investment offering a 90-day interest rate higher than 2.156%, we can estimate the profit after 90 days by subtracting the yen loan repayment from the dollar investment and interest converted back to yen at the 90-day forward rate.
(c) If future spot exchange rates were determined solely by interest rate differentials, and assuming the forward rate is an accurate predictor, Munzara would expect the spot rate in 90 days to be ¥111.14/$. This expectation is based on the assumption that the interest rate differential between the US and Japan would be reflected in the forward rate.
(d) If Munzara's expectation of the future spot rate is ¥111.14/$, and he engages in uncovered interest arbitrage, it means he speculates on the future spot rate without covering his position. If the actual spot rate in 90 days turns out to be ¥111.14/$, there would be no profit or loss from uncovered interest arbitrage, as his speculation aligns with the spot rate.
An example of the effect of globalization on US consumers is what
Answers
Answer:
Decreases the cost of manufacturing
Explanation:
Decreases the cost of manufacturing
Jane owns an aquarium supplies store and purchases a business owners policy to protect her assets. Which of the following protections can Jane expect from her standard BOP with no endorsements?
A. Insurance for her company-owned vehicles
B. Malpractice insurance
C. Extra expense coverage
D. Named peril coverage
Answers
Jane can anticipate further (C) Extra expense coverage from her basic BOP without any endorsements.
What is the Extra expense coverage?Extra expense insurance is protection that covers a business's out-of-the-ordinary costs following a disruptive incident.
It gives you money so you may continue operating while your property is being fixed or replaced.
Businesses that experience a significant loss might have to permanently close if they don't receive this financial support.
Rental fees for a temporary office or business location are just one example of an additional expense.
The cost of moving to a temporary site infrastructure and furniture replacement.
No of the price, it covers the extra spending loss and commercial income that your company will incur.
Instead of being expressed as a dollar sum, the policy's limit is typically expressed as a period of time (most commonly 12 months).
Therefore, Jane can anticipate further (C) Extra expense coverage from her basic BOP without any endorsements.
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Which of the following best explains how news of a recession affects consumption?
Answers
Answer:
News of recession will cause consumers to purchase more. Which of the following best explains how news of a recession affects consumption?.tax cuts to stimulate consumption and investment, or direct increases in government spending that would shift the aggregate demand curve to the right.
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A firm will fail to create a sustained competitive advantage when the a. fit between its internal strengths and the external environment is static. b. resource bundles exhibit heterogeneity and immobility. c. source of its competitive advantage is socially complex. d. source of its competitive advantage is causally ambiguous.
Answers
A firm will fail to create a sustained competitive advantage when fit between its internal strengths and the external is static.
What is Competitive advantage?What is Competitive advantage?Competitive advantage can be a strategy or factors that allow a company to out perform another by producing goods and services better or cheaper.
This requires strategic planning and good business management hence there is need for the environment to be dynamic. Being static is just going in one direction but ability to see things from different angle can bring about ideas that will increase a companies competitive advantage.Therefore, A firm will fail to create a sustained competitive advantage when fit between its internal strengths and the external is static.
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