Homework Answers
Answer: True.
A firm has sustainable competitive advantage when it has its assets, ability and situations that provide an edge over other competitors in the long run.
The sustainable competitive advantage can be of many kinds such as economies of scale or low cost technology, pricing power or brands having great value achieved over a long period of time.
Add Answer to:
firm has a sustainable competitive advantage when it can outperform its competitors in the long term....
When can a company achieve sustainable competitive advantage? a) Whenever it possesses the most profitable business...
When can a company achieve sustainable competitive advantage? a) Whenever it possesses the most profitable business model in the industry and can satisfy shareholder expectations better than its competitors b) When elements of the strategy give buyers lasting reasons to prefer a company's products or services over those of competitors c) When it is able to produce better products for fewer costs than its rivals. d) When it consistently achieves both its long-term and short-term strategic and financial objectives. e)...
What is the source of Nordstroms long-term sustainable competitive advantage? What valuable and rare resources does...
What is the source of Nordstroms long-term sustainable competitive advantage? What valuable and rare resources does Nordstrom have that its rivals find difficult to imita
a sustained or sustainable competitive advantage requires that: a. competitors are simultaneously implementing the strategy. b.the...
a sustained or sustainable competitive advantage requires that: a. competitors are simultaneously implementing the strategy. b.the value-creating strategy be in a formulation stage. c.average returns are earned by the company d. other companies are not able to duplicate the strategy
How can a company achieve a sustainable competitive advantage when its industry becomes hypercompetitive? Provide examples...
How can a company achieve a sustainable competitive advantage when its industry becomes hypercompetitive? Provide examples of some companies that you believe have been successful at this.
When a capability serves as a source of sustained competitive advantage for a firm, the firm...
When a capability serves as a source of sustained competitive advantage for a firm, the firm has created a(n) _____ strategic mission. inspiring vision. core competency. sustainable market niche.
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is...
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is Valuable, Rare, Imitable, and Non-substitutable. True False Question 36 2 pts Studying competitors' past behavior and preferences provide a valuable assist in anticipating what moves rivals are likely to make next and outmaneuvering them in the marketplace. True False o tem ? ) Question 37 2 pts Success in achieving a low-cost edge over rivals comes from out-managing rivals in finding ways to perform...
1. Some companies change a competitive game successfully, so that they help their competitors as well...
1. Some companies change a competitive game successfully, so that they help their competitors as well as themselves. For example, Lending Club is among the new online lenders disrupting the consumer finance industry. But Lending Club is working with Citigroup—a traditional player in that market space—to extend the reach of both players into low-income borrowing markets. This approach is known as: A) Co-opetition B) a blue ocean strategy C) a disruptive strategy D) a red ocean strategy 2. The intensity...
Sustainable competitive advantage means a firm outperforms its peers over a sustained period of time. Such...
Sustainable competitive advantage means a firm outperforms its peers over a sustained period of time. Such superior performance is noticed by the peer group that attempts to identify the source of the performance and copy it. This concept is called “benchmarking.” Which of the following demonstrates a benchmarking process? 1) Is SiriusXM’s business model working? Explain your answer. Go to investor.siriusxm.com and check whether SiriusXM’s recent financial reports indicate that its business model is working. Are its subscription fees increasing...
Can you think of a company which has a distinctive competitive advantage (CA)? What is this...
Can you think of a company which has a distinctive competitive advantage (CA)? What is this CA and do you think this CA is sustainable - in other words, can it be easily imitated by other firms in the long run? - why or why not?
please answer and give me an explanation QUESTION 1 Organizations succeeds by finding a sustainable, long-term...
please answer and give me an explanation
QUESTION 1 Organizations succeeds by finding a sustainable, long-term strategy, that is, a set of policies, procedures, and approaches to business that produce long-term success. True O False 1 points Save Answer QUESTION 2 To find the appropriate strategy an organization begins with determining its purpose and long-range direction, and therefore the mission, of the organization. True False 1 points Save Answer
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is Valuable, Rare, Imitable, and Non-substitutable. True False Question 36 2 pts Studying competitors' past behavior and preferences provide a valuable assist in anticipating what moves rivals are likely to make next and outmaneuvering them in the marketplace. True False o tem ? ) Question 37 2 pts Success in achieving a low-cost edge over rivals comes from out-managing rivals in finding ways to perform...
please answer and give me an explanation
QUESTION 1 Organizations succeeds by finding a sustainable, long-term strategy, that is, a set of policies, procedures, and approaches to business that produce long-term success. True O False 1 points Save Answer QUESTION 2 To find the appropriate strategy an organization begins with determining its purpose and long-range direction, and therefore the mission, of the organization. True False 1 points Save Answer
Most questions answered within 3 hours.
-
How much 0.1200 M sodium hydroxide solution is need to titrate
14 mL of a 0.100...
asked 1 minute ago -
1a)When a 5000-kg roller coaster train full of riders approaches
the loading dock at a speed...
asked 25 minutes ago -
The Poseidon Swim Company produces swim trunks. The average
selling price for one of their swim...
asked 21 minutes ago -
If the elasticity of supply of a good is ∞, then its
A. supply curve is...
asked 7 minutes ago -
An impulse is a change in momentum usually over
a short time. For which of the...
asked 5 minutes ago -
Write an application for the Shady Rest Hotel; the program
determines the price of a room....
asked 11 minutes ago -
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (6)
QUESTIONS:
The following is a December 31,...
asked 27 minutes ago -
Suppose you plan to invest $5,000 each year (beginning at the
end of this year) into...
asked 18 minutes ago -
What is the cell potential of the following cell at 25
oC? Note Au is a...
asked 19 minutes ago -
DNA to Protein
Describe the mutation that created the HbS allele:
type of mutation, location of...
asked 24 minutes ago -
Which attribute allows you to specify a custom "thumbnail" for
multimedia elements?
asked 25 minutes ago -
1. Why are the advantages and disadvantages of object-oriented
databases? 2. What are data marts? How...
asked 44 minutes ago