In the quest to achieve competitive advantage in global markets, competitive pressures require that firms do what they can to unit costs so that consumers will not perceive their product and service offerings as too expensive. a. raise b. define c. decentralize d. lower

The correct answer is letter "D": lower.

Explanation:

Competitive advantage can be achieved in any of two forms: offering a product or service with unique features that outstand competitors (differential advantage) or by finding ways to produce at lower costs (comparative advantage). If the entity aims to provide low-price products, it must develop a comparative advantage, then.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer; ///hong kong;