A competitive advantage is an advantage over competitors gained by offering consumers greater value either by means of lower prices or by providing greater benefits and services that justify higher prices. Competitive strategies 1. Differentiation-this involves selecting one or more criteria used by buyers in a market. It is about charging a premium price that more than covers the additional production cost and about giving customers clear reasons to prefer the product over other‚ less differentiated
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Advantages: Theoretically‚ there are many benefits that can be achieved through a communist society. Communist ideology supports widespread universal social welfare. Improvements in public health and education‚ provision of child care‚ provision of state-directed social services‚ and provision of social benefits will‚ theoretically‚ help to raise labor productivity and advance a society in its development. Communist ideology advocates universal education with a focus on developing the proletariat
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DATE PERFORMED: JANUARY 6‚ 2011 SPECTROPHOTOMETRIC DETERMINATION OF THE EQUILIBRIUM CONSTANT OF A REACTION ABSTRACT The objective of the experiment was to determine the equilibrium constant of the reaction forming ferric thiocyanate through the use of Spectrophotometry. For the calibration‚ five standard solutions were prepared‚ then their respective absorbance values that were obtained through the use of the spectrophotometer‚ were plotted versus the concentration of the analyte so that a calibration
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Advantages of technology in education Topic : what are the advantages that technology provides in field on education ? 1-) Financial Aspect a-campus life b-university’s fees 2-)Development of skills a-literacy b-numeracy In tandem with development of technology the copious differences were observed in people’s life and technology affected a lots fields of human’s life.One of these fields is education. There is no doupt that in today’s world technology has an undeniable importance
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Project Specifications Project Title: Variable Pitch Constant Rotational Speed Wind Turbine Project Aims This project can be divided into 3 three parts. The first part is to develop a variable pitch propeller. Then second and the main aim of this project is to design a control mechanism by which the propellers would rotate at a constant speed‚ at varying wind speeds by adjusting their pitch. This would be achieved by using wind sensors (anemometer) and a microcontroller. The sensors would
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process by which a company makes it methods‚ especially its production processes‚ uniform throughout its organization. Standardization helps cut costs by eliminating duplicated effort and allows a company to take advantage of economies of scale when purchasing supplies. However‚ some advantages may be lost when a company decided to standardize its operations. Disadvantages Loss of Uniqueness If a company builds up a customer base that values its unique niche products‚ or if the company serves a specialized
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The advantages and disadvantages of living in a block of flats To begin with‚ it is said that living in a block of flats is very uncomfortable but many people do not agree. With such view a block of flats helps to find a lot of friends and deepen our communication skills. So what are the advantages and disadvantages of living in a block of flats? One the one hand‚ living in a block of flats is advantageous for many reasons. Firstly‚ people who live in a block of flats are friendlier than people
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Advantages of Boeing’s outsourcing strategy * By outsourcing‚ Boeing is able to reduce costs and generate sales. Outsourcing to countries such as India can give the company access to cost-effective services and get access to specialized skills and services. * Boeings’ strategy allowed entry into two of the largest and fastest growing airplane markets (china and India). * It gained the ability to distribute some of the risks associated with large investment required to build an airplane
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free time watching television. No one can deny the fact that‚ there is a television in almost every home. It is one of the most common entertainments for people all over the world. However‚ since its arrival‚ television has brought to man‚ many advantages. First and foremost‚ television plays an important role in our daily activities. It keeps us informed of all current affairs in the world. Events through television are more vivid than those through books and magazines. This is because we can watch
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people worldwide these days for many health problems. For anyone that has thought about using this treatment to get relief from your pain‚ but are not sure if it will be effective for you‚ then you have to be made aware of the advantages of it now. There are many advantages for this treatment‚ but the following are the most common and important ones for you to have in mind as you choose if this treatment is the best solution for you. 1. Treatment is effective for a number types of health issues
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