Question

Which of the following is a characteristic of an attractive industry at the micro-level? a. The...

Which of the following is a characteristic of an attractive industry at the micro-level?

a. The company’s business model is not economically viable.

b. The company's competitive advantage can be sustained over a significant period of time.

c. The business does not possesses something proprietary; others can easily duplicate or imitate the business.

d. The business has standard organizational processes, capabilities, or resources that others could imitate or duplicate.

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

Ans. b. The company's competitive advantage can be sustained over a significant period of time . - This is the best characteristic of an attractive industry.

Best of Luck !! !!

Add a comment
Know the answer?
Add Answer to:
Which of the following is a characteristic of an attractive industry at the micro-level? a. The...
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
  • Project is about "House of Kaviari," and the industry is Caviar Industry. I only want Part.6...

    Project is about "House of Kaviari," and the industry is Caviar Industry. I only want Part.6 "Identify Critical Issues and Priorities" BUSINESS STRATEGY ANALYSIS REQUIRES THE FOLLOWING: 1. Identify strategic goals. – A firm's strategic goals drive business strategy and address the key success factors of the industry. Strategic goals often include the vision or mission statement for the business. They should also set the direction and standard for financial and market results against which actual performance can be measured....

  • Project is about "House of Kaviari," and the industry is Caviar Industry. I only want Part.4...

    Project is about "House of Kaviari," and the industry is Caviar Industry. I only want Part.4 "Strategic Performance" BUSINESS STRATEGY ANALYSIS REQUIRES THE FOLLOWING: 1. Identify strategic goals. – A firm's strategic goals drive business strategy and address the key success factors of the industry. Strategic goals often include the vision or mission statement for the business. They should also set the direction and standard for financial and market results against which actual performance can be measured. The two most...

  • Please answer below two questions in ur own words in brief plz don’t copy and paste

    Please answer below two questions in ur own words in brief plz don’t copy and paste EXHIBIT 3.5 Tangible Resources View of the Firm: Resources and Financial . Firm's cash account and cash equivalents . Firm's capacity to raise equty. . Firm's borrowing capacity. Physical Modern plant and fadlities. Favorable manufacturing locations State-of-the-art machinery and equipment e Trade secrets Innovative production processes. Patents, copyrights, trademarks. .Effective strategic planning processes Excelent evaluation and control systems . Intangible Resources Human . Experience...

  • True or False? (3 points each) 1. The process of creating goods and services in which...

    True or False? (3 points each) 1. The process of creating goods and services in which organizational resources are transformed into outputs is called production. 2. Internal development is not an option for implement ing growth strategies. 3. A cross-functional team is a group of individuals from various functional departments who work together on product or process development. 4 Benchmarking is the search for best practices inside or outside an organization. 5. The SWOT analysis points to the strategic issues...

  • The role of managers in corporate level strategy is to: Identify markets or industries in which...

    The role of managers in corporate level strategy is to: Identify markets or industries in which a company should compete to maixmise long term profitability Invent products that ensure the long run success of the company Use their corporate power to ensure the profitability of functional level strategies All the above None of the above outsourcing can add value to the product provided to the customers true false Zara has developed capabilities to compete in the “fast fashion” portion of...

  • Micka is a local manufacturer with a business model that provides them a significant strategic advantage...

    Micka is a local manufacturer with a business model that provides them a significant strategic advantage in the highly competitive retail and apparel industry. At the heart of their model is a set of business processes and a simple, some might call outdated, information system that links demand to manufacturing and manufacturing to distribution. The strategy at Micka stores is simply to have a continuous flow of new products that are typically in limited supply. As a result, regular customers...

  • 2. Individual Problems 10-2 To increase a company's profit, a manager suggests that the company needs...

    2. Individual Problems 10-2 To increase a company's profit, a manager suggests that the company needs to increase the value of its product to customers. Suppose, per the manager's advice, the company successfully increases the value of its product to its customers. At the same time, however, the cost per unit of the good increases by more than the price of the good increases. Indicate whether profit per unit will increase, decrease, or stay the same (no change). Hint: Think...

  • CASE STUDY FOR CHAPTER 7 Worker Productivity among Giant U.S. Corporations Traditional measures of firm productivity...

    CASE STUDY FOR CHAPTER 7 Worker Productivity among Giant U.S. Corporations Traditional measures of firm productivity tend to focus on profit margins, the rate of return on stockholder’s equity, or related measures like total asset turnover, inventory turnover, or receivables turnover. Profit margin is net income divided by sales and is a useful measure of a company’s ability to manufacture and distribute distinctive products. When profit margins are high, it is a good sign that customer purchase decisions are being...

  • Management information system Please answer the question correctly QUESTION 16 Which of the following is the...

    Management information system Please answer the question correctly QUESTION 16 Which of the following is the most widely used operating system in business? Linux Mac OS Windows Unix 2.5 points    QUESTION 17 Which of the following is an open-source operating system? Unisys Windows Linux Mac OS 2.5 points    QUESTION 18 Which of the following storage types is volatile? RAM ROM PROM All the choices are volatile. 2.5 points    QUESTION 19 Which of the following best describes the...

  • Question 1 (1 point) A ________ business-level strategy is a plan whereby an organization produces high-priced,...

    Question 1 (1 point) A ________ business-level strategy is a plan whereby an organization produces high-priced, quality products aimed at particular market segments. Question 1 options: A) differentiation B) lateral diversification C) market penetration D) vertical integration Question 2 (1 point) Typically, the manufacturing function in an organization uses ________. Question 2 options: A) a high level of standardization B) a flat organizational structure C) an organic structure D) decentralized decision-making Question 3 (1 point) A global matrix structure is...

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