XYZ printing is building a dominant position as the low-cost leader in the 3D printer market. Three resources the firm can draw on to build a sustainable advantage are(1) an efficient supply chains and manufacturing system, (2) internal control systems to minimize cost, and (3) competencies in the R&D of electronic products. This set of competencies will make it harder for later movers to imitate. This is an example of using ________ conditions to build protection in the 3D printing market.
A. path dependent
B. causal ambiguity
C. social complex
D. physical uniqueness
Answer: A
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[APPPENDIX] When an individual wishes to form a sole proprietorship, he or she does so by
a. filing a petition with the IRS. b. purchasing stock in the proprietorship. c. filing corporate paperwork with the state. d. contributing cash or other assets.
"Revenues" are best described as:
A) decreases in resources resulting from the purchase of goods for the provision of services. B) increases in resources resulting from the sale of goods or the provision of services. C) assets used or consumed in the sale of products or services. D) an increase in the financing activities section of the statement of cash flows.
Functions that have not been declared in a package specification are considered public.
Answer the following statement true (T) or false (F)
To reduce the amount of time it takes to apply packaging to its finished products, North Star Foods is implementing new equipment at its production plants. By doing this, North Star is addressing a ________ in the value chain analysis.
A. premier activity B. support activity C. primary activity D. secondary activity