How can a firm fully exploit the competitive potential of its resources, capabilities, and competencies?

What will be an ideal response?


The final criterion of whether a rare, valuable, and costly-to-imitate resource can form the basis of a sustained competitive advantage depends on a firm's ability to capture the resource's value creating potential. To fully exploit the competitive potential of its resources, capabilities, and competencies a firm must be organized to capture value-that is, it must have in place an effective organizational structure and coordinating systems.

Business

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The yearly incomes of the top highest paying professions in the United States are shown below. ProfessionYearly Income(in $1,000) Surgeons156 Obstetricians152 Anesthesiologists150 Internists146 Pediatricians136 Psychiatrists134 Dentists130 General Practitioners130 Chief Executives127 Airline Pilots119 For the above sample, determine the following measures (Give your answer in dollars). a.The mean yearly salaryb.The standard deviationc.The mediand.The mode

What will be an ideal response?

Business

Which of the following is an example of a temporary difference that would result in a deferred tax liability?

a. Use of straight-line depreciation for accounting purposes and an accelerated rate for income tax purposes b. Rent revenue collected in advance when included in taxable income before it is included in pretax accounting income c. Use of a shorter depreciation period for accounting purposes than is used for income tax purposes d. Investment losses recognized earlier for accounting purposes than for tax purposes

Business

The following information pertains to Travis Concrete:  Sales revenue$1,500,000 Gross margin 600,000 Income 90,000 Invested capital 450,000 The company's imputed interest rate is 8%.The sales margin is:

A. 30%. B. 20%. C. 40%. D. 15%. E. 6%.

Business

A principal may ratify an action taken by an agent that the principal would not have been capable of authorizing at the time that the action was taken

Indicate whether the statement is true or false

Business