What are industry key success factors (KSFs)? Why is it important for strategy makers to have a clear understanding of an industry's KSFs?
What will be an ideal response?
KSFs are the strategy elements, product attributes, competitive capabilities, or intangible assets with the greatest impact on future success in the marketplace. KSFs by their very nature are so important to future competitive success that all firms in the industry must pay close attention to them or risk an eventual exit from the industry.
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Which of the following sections include cash flows from selling or repurchasing capital stock, long–term borrowing, and contributions from owners?
a. Investing activities section b. Noncash activities section c. Operating activities section d. Financing activities section
A benefit of MRP is the ______.
A. reduction in work-in-progress inventory B. increase in work-in-progress inventory C. increase in finished goods inventory D. increase in inventory costs
The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the following, except
A. being in a better position to choose where and how to challenge rivals. B. shortening delivery times to customers by having geographically scattered distribution facilities. C. being able to shift production from one country to another to take advantage of exchange rate fluctuations, differing wage rates, differing energy costs, or differing trade restrictions. D. centralizing value chain activities to foster just-in-time inventory activities. E. locating buyer-related activities (such as sales, advertising, after-sale service and technical assistance) close to buyers.
A state of nature is an actual event that may occur in the future
Indicate whether this statement is true or false.