The competitive power of a company resource depends on ________.
A. whether it helps differentiate a company's product offering from the product offerings of rival firms.
B. whether the resource is really competitively valuable, if it is rare and something competitors lack, how hard it is to copy or imitate, and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals.
C. whether customers are aware of the resource and view it positively enough to boost the company's brand name reputation.
D. whether the resource is something rivals are unable to perform, if it is an important differentiating product or service feature, how strongly it contributes to the company's brand image, and if it is the foundation of a cost-based advantage.
E. whether the resource is technology-based or based on superior marketing know-how.
B. whether the resource is really competitively valuable, if it is rare and something competitors lack, how hard it is to copy or imitate, and how easily it can be trumped by the substitute resource strengths and competitive capabilities of rivals.
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Which of the following would probably not be found in the accounting system of a service provider?
A) Cost ledger B) Finished jobs ledger C) Deferred revenue account D) Job cost sheets
If a firm’s products are no longer properly aligned with changing market trends, the firm can ______.
a. sell its products to customers in another market who do value its products b. make new investments to upgrade its manufacturing facilities c. acquire new suppliers d. reorganize its product distribution processes
Match the Type of Entity with the Equity sections of the Balance Sheet/ Statement of Net Assets/Position (Match the Letter and Number)A. Investor Owned B. Public UniversityC. Private Not for Profit1. Unrestricted, Temporary Restricted net assets and Permanently Restricted net assets2. Paid in Capital, Retained Earnings3. Net Investment in Capital Assets, Restricted Net Position, Unrestricted Net Position.
Fill in the blank(s) with the appropriate word(s).
A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct?
a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking. b. The employer is correct only if the union does not state the specific hours or days workers will be off the job. The law requires the union to provide the employer with at least seven days' notice of when workers will be off the job. c. The employer is not correct since the NLRA expressly states workers have a right to engage in a partial strike. d. Whether the employer is correct depends on state law.