Adding up the elements of the columns of matrices B, and P, we get generalized values of the total marginal costs of all factors for the production of 1 ruble. KP of the corresponding industry. In our example, for industry it is 6.74, and for agriculture-va – 5,847, table. 6.9. Table 6.9 Resource requirements Distribution […]
Tag: Security
Inflation: essence, causes, types and consequences
The term inflation (from the Latin inflatio – swelling) was first used in North America during the Civil War (1861-1865) and denoted the process of swelling of the paper and money supply. Inflation is a multifactorial phenomenon that manifests itself in the overflow of the sphere of circulation with paper money in excess of the […]
Defensive strategies to protect competitive advantage
The main goal of the defensive strategy is to protect the competitive advantage and strengthen the position of companies Any company can become an object of attack from competitors, from both newcomers who want to enter the market, and existing players seeking to strengthen their positions. The purpose of the defensive strategy is to reduce […]
Offensive strategies to maintain a competitive advantage
Competitive advantage in costs, resources, or differentiation is almost always the result of successful offensive strategic actions. Defensive strategies, by contrast, are used to protect and maintain a competitive advantage and rarely to create one. How long it will take to create a competitive advantage through a successful offensive strategy depends on the competitive environment […]