Question

Which of the following is an example of a competitive advantage that a firm would have...

Which of the following is an example of a competitive advantage that a firm would have in a global​ industry?

A.

A core competency with added customer value

B.

A company website

C.

Technological advances in transportation

D.

Access to inexpensive supplier products

E.

Research and development

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer : “E. Research and development”

=> This is because in the global arena though the good advantage of R&D and improvising ability, a company can provide new products and services which the other parts of the globe are lacking and create business and competitive advantage for it.

Add a comment
Know the answer?
Add Answer to:
Which of the following is an example of a competitive advantage that a firm would have...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Using Michael Porter's diamond model that lists Porter's attributes of national competitive advantage, match each example...

    Using Michael Porter's diamond model that lists Porter's attributes of national competitive advantage, match each example into the correct attribute on the model. Some attributes may have more than one example. Example 1: Different Management Ideologies can help or harm building national competitive advantage. Example 2: Basic ones are natural resources, climate, location, and demographics Example 3: The presence of these ancillary companies, often suppliers, can help achieve strong competitive positions through their strengths within the same industry. Example 4:...

  • What is the Value-Chain analysis for eHarmony? eHarmony (the online dating website) VALUE CHAIN ANALYSIS (example...

    What is the Value-Chain analysis for eHarmony? eHarmony (the online dating website) VALUE CHAIN ANALYSIS (example printing company) Firm infrastructure: General management, Planning Management, Legal, Finance, Accounting Human Resource Management: Recruitment, Retention, Training, R&D Support Processes Technology Development: Continuous improvement in printing & finishing assets Procurement of Resources: Purchasing paper, printing consumables and other finishing consumables Competitive Advantage Inbound Logistics Outbound Logistics Marketing and Sales Service Operations Primary Business Processes • Reception • Storage • Inventory control • Transportation planning...

  • Which of the following is an example of an ownership-specific advantage? Select one: a. a steady...

    Which of the following is an example of an ownership-specific advantage? Select one: a. a steady supply of low-cost labor b.valuable proprietary technology c. availability of abundant natural resources of the region where the firm operates d. access to inexpensive capital ge Political risk occurs when the property of an MNE is threatened through either confiscation or expropriation. Select one: True False

  • Assuming all other elements are the same, which of the following would most likely lead a...

    Assuming all other elements are the same, which of the following would most likely lead a global firm to purchase an item from an outside supplier? A. There is proprietary technology involved in making the product that should not be shared with other parties. B. Quality control is important to the global firm. C. The global firm wants to have control over certain elements of the production process. D. The product to be made is a nonessential item that has...

  • Give an example of a firm that produces similar goods that would have a linear PPF...

    Give an example of a firm that produces similar goods that would have a linear PPF and another firm that would have the bowed out PPF from the production of their products. Additionally, improvements in technology allow a firm to increase their output. Give an example of a technological change that can lead to economic growth for both of your PPFs.

  • Which of the following ways of measuring and evaluating competitive advantage of a firm are most...

    Which of the following ways of measuring and evaluating competitive advantage of a firm are most likely to be the focus of the CEO of a public firm O Accounting value O Shareholder Value O social value

  • Which of the following, if true, would be an example of a monopolistically competitive industry? In...

    Which of the following, if true, would be an example of a monopolistically competitive industry? In the utilities industry, average cost declines over all levels of output. In the automobile industry, fixed costs as well as variable costs are high. In the retail trade industry, a large number of firms provide similar products. The market for basic office supplies (pencils, paper, and clips) is served by scores of online suppliers. In the pharmaceuticals industry, the entire market is served by...

  • 1. Give an example of an industry that would most likely have a relatively large number...

    1. Give an example of an industry that would most likely have a relatively large number of warehouses and one that would most likely have a relatively small number of warehouses. Justify 2. Give an example of an industry or product for which it would likely be ideal to use air as the transportation method. 3. A well-known company, Walmart: a. What would overarching competitive strategy is? b. Are they more responsive, more efficient, or equally balanced between the two?...

  • Aplia Homework: The Firm and the Industry under Perfect Competition

     Aplia Homework: The Firm and the Industry under Perfect Competition The model of perfectly competitive markets relies on these four core assumptions: 1. There must be numerous small firms and customers-each player's actions have no effect on price and, thus, trade associations and collusive agreements are not possible. 2. Firms must produce a homogeneous product-buyers must regard all sellers' products as equivalent. 3. Firms and resources must be fully mobile, allowing for free entry into and exit from the industry. 4. Each firm and each...

  • Internal Analysis: Looking Inside the Firm of Honda Corp. The strategic actions managers take link firm...

    Internal Analysis: Looking Inside the Firm of Honda Corp. The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon’s ability in optics originates not just in the capability of its design engineers,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT