What is NOT part of the process of upgrading core competencies and competitive capabilities?
A. Core competencies can be leveraged into competitive advantage by concentrating sufficient effort and talent on deepening and strengthening them so that the firm achieves dominating depth and gains the capability to outperform rivals by a meaningful margin.
B. Core competencies typically are lodged in the combined efforts of different work groups and departments.
C. Core competencies generally grow out of company efforts to master a strategy-critical technology or to invent and patent a valuable technology.
D. Core competencies have to be tweaked and adjusted to keep them fresh and responsive to changing customer needs and market conditions.
E. Core competencies tend to emerge gradually rather than blossom quickly.
Answer: C
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a. a contra asset. b. a reduction of an expense. c. an addition to a long-term liability. d. a subtraction from a long-term liability.
Illustrations should be
a. passed around so everyone can see them up close. b. used only when videos aren’t available. c. separate from a slide. d. simple and incorporated into the slide.
Which approach converts financial statement numbers as percentage of total assets or total sales?
a. Horizontal Analysis b. Vertical Analysis c. Ratio Analysis d. Variance Analysis
When asked about long-term goals, your response should focus solely on your goals, and not the goals of the organization
Indicate whether the statement is true or false.