Describe the product or service of the firm

Assignment Help Microeconomics
Reference no: EM132234204

Question: In many cases, a firm's ability to innovate has a tremendous impact on the position it occupies in its competitive landscape. Differentiating products and services remains one of the best avenues for companies to maximize their competitive advantage.

Share examples of two companies that you feel have leveraged innovation to differentiate themselves from their competitors. Describe their product or service. How were they innovative and why are they different from their competitors?

Due dates for your initial and response posts can be found by checking the Course Syllabus and Course Calendar.

Reference no: EM132234204

Questions Cloud

What is the amount of amortization expense for goodwill : It is estimated that the goodwill (if any) has an economic useful life of 20 years. What is the amount of amortization expense for goodwill for 20X3
Explain open systems theory : Explain Open Systems Theory in you own words .What makes systems ""Open"" under this theory? What are 5 characteristics of Open Systems.
Do you believe that innovation can drive economic growth : Do you believe that innovation can drive economic growth, why or why not? Share your thoughts on a way that innovation can be used to drive growth.
What is the General Journal entry for July : Credit card sales on July 8, 2016 amounted to $12,000. What is the General Journal entry (without explanation) for July 8, 2016
Describe the product or service of the firm : Share examples of two companies that you feel have leveraged innovation to differentiate themselves from their competitors. Describe their product or service.
Mean annual cost to attend private university : For the most recent year available, the mean annual cost to attend a private university in the United States was $20,132.
Each of the eight characteristics of effective groups : How would you evaluate this team based on each of the eight characteristics of effective groups? What are the dysfunctions of this team?
How will your business benefit from the name : Why did you choose this particular name for your business? How will your business benefit from this name? Remember to include your section heading.
What is the balance sheet amount for trading securities : On 1/2/20X6, ALPHA acquired 100 shares of CHARLIE Corporation stock at $20 per share, What is the balance sheet amount for trading securities

Reviews

Write a Review

Microeconomics Questions & Answers

  Demand function for earrings-demand function for necklaces

Suppose that Madelyn always divides her annual jewelry budget between earrings (good x) and necklaces (good y) such that she always spends 40% of her budget on earrings per year. Furthermore, the current price of a pair of earrings is $10, the curren..

  Clarify impact theory of consumer choice has on demand curve

Analysis the impact the theory of consumer choice has on: Demand curves, Higher wages and Higher interest rates.

  Determine companys overall break-even point in total sales

Determine the company's overall break-even point in total sales dollars. Explain your methodology (approximately 2 pages).

  Review problem of the carly colonial joint-stock companies

Explain how the carly colonial joint-stock companies that attempted to settle the America's faced a "Principal-Agent Problem" that undermined the success.

  1 toys corporation has estimated its demand and cost

1 toys corporation has estimated its demand and cost function as followq 25 - 0.05ptc 780 200qa what will be the

  Discussion of what could have been done to avoid the failure

Brief description of project and primary reasons for failure. Reasons cited for project failure. Discussion of what could have been done to avoid the failure.

  Calculate the chi-square statistic and degrees of freedom

Calculate the chi-square statistic and degrees of freedom for the following set of data for 180 people undergoing a knee replacement treatment with a drug supplement

  Discuss future directions for location theory

The problem is belongs to Economics. The problem is about location theory. Location theory is concerned about the location of economic activity.

  Would you propose to increase profitability

Discuss the potential profitability within each of the stages in the diamond value chain. Hypothetically, what solution(s) would you propose to increase profitability?

  Find the firm optimal output

Find the firm's optimal quantity, price, and profit (1) by using the profit and marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.

  Context of the affordable care act

Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more significant in health care delivery within the context of the Affordable Care A..

  Reducing total remuneration costs

Suppose you were the manager for this business and charged with reducing total remuneration costs to $24,000,000. What category or categories would you cut? Why? Need to provide the equation(s).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd