How can strategists decide between borrowing and buying the resource in question?

What will be an ideal response?


When building the new resource through internal development is not an option, the strategist then needs to consider external-borrow or buy-options.

The term tradable implies that the strategists are able to source the resource externally through a contract that allows for the transfer of ownership or use of the resource. Short-term as well as long-term contracts such as licensing or franchising are a way to borrow resources from another company.

For the strategist, the implication is that if a resource is highly tradable, then the resource should be borrowed via a licensing agreement or other contractual agreement. If the resource in question is not easily tradable, then the strategist needs to consider either a deeper strategic alliance or an outright acquisition.

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Gross margin is the total revenues received by a retailer that are related to selling merchandise during a given time period minus returns, discounts, and credits for damaged merchandise.

Answer the following statement true (T) or false (F)

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To enhance readability, you should consider using more than one ________________

a. font b. size of line spacing c. page d. column

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A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.


At the optimum solution, what is the cost of tofu in the diet?
a. $0.95
b. $1.22
c. $2.65
d. $1.50

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An international alliance is composed of two or more firms from different countries.

Answer the following statement true (T) or false (F)

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