1. D. Difficult to imitate
When an offering is hard to imitate, it creates a competitive
advantage for the organization and therefore, reflects the
necessary outlook.
Question 11 0/2 pts As discussed during class, strategy for competitive advantage is based on several...
QUESTION 2 A business strategy seeking a differentiation-based advantage attempts: -That is Correct! to provide a unique product or service at a premium price for consumer to expand globally. to provide a similar product or service to that of competitors but at a lower cost. all of the above QUESTION 3 When does a firm choosing a focus strategy not likely to result in a competitive advantage? When the firm is capable of providing a unique product to a target...
In topic 4, we discussed cost-leadership as a means of achieving a competitive advantage. Specifically, the top 10 areas for achieving these efficiencies were presented (see Cost-Efficient Management of the Value Chain discussion of topic 4 PPT). In your opinion of what you now know about cost suppression as a competitive strategic priority, which three (3) of these top 10 are the most important to achieving a cost advantage AND how would a firm implement these efficiencies in a way...
Question 1: Reputation and organizational culture are examples of A) Tangible assets B) A competitive advantage C) Capabilities D) Intangible assets Question 2: Why is organizational structure important in RBV? A) The structure of the organization determines the best strategy with which to engage its competitors B) RBV argues that organization structure is peripheral to companies C) Organizational structure is a source of the managerial controls central to RBV D) Organizational structure is a major determinant of a firm's ability...
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...
QUESTION 10 Firms have a competitive advantage when a. They can deliver the same product benefits as their competitors but at a lower cost b. They can deliver superior product at a similar cost c. Both of the above d. None of the above QUESTION 11 All of these allow a firm to differentiate its product, except a. Reducing quality b. Limiting availability c. Product branding d Advertising QUESTION 12 A price elasticity of demand of -0.67 implies a. Demand...
ect Question 7 0/1 pts The advantage of using topoisomerases to clone a PCR product is that topoisomerases can withstand the high temperatures of the PCR cycle. have proofreading activity. catalyze the formation of stronger phosphodiester bonds. can be covalently linked to the free ends of a TA vector, making for a very efficient process. All of the above are advantages None of the above are advantages
can you please help me with these problems . microeconomics 0/1.21 pts ed Question 80 The practice of setting prices deliberately below pricing. costs in an effort to drive a competitor out of the market is known as predatory average variable O average fixed explicit average total marginal 0/1.21 pts wered Question 78 0/1.21 An example of a tying arrangement is a restaurant offering both Pepsi and Coca-Cola products. a car manufacturer installing expensive onboard GPS/navigation systems in all the...
Incorrect Question 2 0/5 pts Assume that a firm is operating in a perfectly competitive market at its shut-down level of output. Which of the following statements is false? Marginal cost and average revenue are equal Marginal cost and average variable cost are equal Marginal cost and marginal revenue are eque none of the options
Someone to help with Question 8. Question 6 4/4 pts 3. Suppose you are interested in assessing whether or not health insurance markets are competitive. Consider two states WA OR Company 1.37.39 Company 2.30.20 Company 3.15.17 Company 4.10.14 Company 5.08.10 a. What is the Herfindahl index for Oregon (hint: use the formula we discussed in class. (hint: S8, where s' is market share, or the fraction of a market a firm en joys.) 0.2506 Question 7 1/1 pts WHat is...
Question 7 2 pts According to research on intergroup conflict, discussed in class and in your book, Social identity promotes cooperation among people who see themselves as part of the same group, but reduces cooperation and promotes hostility among people who see themselves as part of different groups. In Sherif's famous Robber's cave experiment, the hostility generated between two groups of boys got even worse after super-ordinate goals were established merging the two groups into a single, larger group that...