Question
In: Economics
Question 21 2 pts Competitive advantage normally is the result of superiority in resources, skills, or...
Question 21 2 pts
Competitive advantage normally is the result of superiority in
resources, skills, or
consistency.
feasibility.
position.
employees.
governance.
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Question 22 2 pts
Which of the following is NOT included in measuring
organizational performance?
Investigating deviations from plans
Evaluating individual performance
Examining progress being made toward meeting stated
objectives
Comparing results to competitors' expectations
Comparing expected results to actual results
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Question 23 2 pts
The Fortune 50 includes all of the following EXCEPT
the largest banks.
the largest utilities.
the largest transportation companies.
the largest retailers.
the largest hospitals.
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Question 24 2 pts
Which of the following statements about contingency plans is
NOT true?
Only high-priority areas require the insurance of contingency
plans.
Contingency plans should be developed for favorable and
unfavorable events.
Contingency plans minimize the impact of potential
threats.
Strategists should plan for all possible contingencies.
Contingency plans should be as simple as possible.
Solutions
Expert Solution
21. Competitive advantage refers to a condition where a company or any organization is in a favorable situation to produce goods and services at a lower price than the competitors. It is simply the advantage of the company over competitors in terms of efficient production.
Competitive advantage normally is a result of superiority in resources, skills or employees.
22. An organization's performance is measured by how organization is doing against its own set targets and also where it stand in market as compared to the competitors. Note that individual performance is not the metrics for an organizations performance rather an individual's performance.
Thus, evaluating individual performance is not included in measuring organizational performance.
23.The Fortune 50 includes only the corporate or private organizations and not the government units.
Thus, The Fortune 50 will not include the largest utilities.
24. Contingency plans can related to all priority areas. Also, they must be well thought, developed for all the situations and well executed.
Thus, Only high-priority areas require the insurance of contingency plans is the wrong answer.
Rahul Sunny answered 1 year agoRelated Solutions
21 Value Chain Elements: Budgeting, Competitive, advantage, Corporate, social responsibility, Culture Customer need, External resources, Financial...
21 Value Chain Elements: Budgeting, Competitive, advantage,
Corporate, social responsibility, Culture Customer need, External
resources, Financial Goals, Idea generation, Information management
Infrastructure, Leadership People – human resources, People –
customers People, – shareholders, Product development, Strategy
Supply, chain management, Technological considerations.
in a paragraph. or 2 tell what happens when each element goes
global. use 3rd person perspective
Include a conclusion summarizing the paper’s content without
introducing any new information.
Question 1 The vision of Unilever Ghana Limited is to gain a competitive superiority over its...
Question 1
The vision of Unilever Ghana Limited is to gain a competitive
superiority over its competitors in the same industry in
Ghana.
Required:
a. Using practical examples, discuss how the emerging
accountancy tool that applies cognitive intelligence to generate a
mental image of a phenomenon and also relies on learning, be
adopted to assist Unilever Ghana Limited to achieve this
vision.
b. Are there any obstructions to how this competitive
superiority using this emerging accountancy tool could be harnessed...
(Question 8) 2 pts A process is normally distributed with a mean of 10.2 hits per...
(Question 8) 2 pts A process is normally distributed with a mean
of 10.2 hits per minute and a standard deviation of 1.04 hits. If a
randomly selected minute has 13.9 hits, would the process be
considered in control or out of control? Out of control as this one
data point is more than three standard deviations from the mean In
control as only one data point would be outside the allowable range
In control as this one data point...
1. To use a company's resources and distinctive competencies to gain a competitive advantage over its...
1. To use a company's resources and distinctive competencies to
gain a competitive advantage over its rival in a market or
industry, a ____ strategy is the plan of action that strategic
managers could adopt.
a. stakeholder-level
b. business-level
c. customer-level
d. product-level
2. The process by which companies increase or decrease product
prices to convey their competitive intention to other companies and
so influence the way they price their products is called
a. price signaling
b. price cutting
c....
Discuss the resource-based view of competitive advantage. What are the characteristics of resources that may yield...
Discuss the resource-based view of competitive advantage.
What are the characteristics of resources that may
yield sustainable competitive advantage? Describe the role that
Information systems can play in creating sustainable competitive
advantage.
Intangible resources or capabilities may be a good basis for creating a competitive advantage because intangible...
Intangible resources or capabilities may be a good basis for
creating a competitive advantage because
intangible resources or capabilities are generally rare.
intangible resource or capabilities are generally easily
observed.
intangible resources or capabilities are generally sticky to the
firm.
intangible resources or capabilities are generally easily
transferred.
intangible resources or capabilities are generally easily
acquired.
Identify The Cheesecake Factory's (CAKE) resources, and use the VRIN test to indicate competitive advantage.
Identify The Cheesecake Factory's (CAKE) resources, and use the
VRIN test to indicate competitive advantage.
Question 50.5 pts Which of the following is NOT a major advantage of direct finance? Group...
Question 50.5 pts
Which of the following is NOT a major advantage of direct
finance?
Group of answer choices
Direct finance allows borrowers to diversify sources of
funds.
potentially reduced cost for borrowers.
Direct finance reduces search and transactions costs.
Direct finance allows greater flexibility in funding types.
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Question 60.5 pts
Calculate the effective annual interest rate if your bank quotes
you 10% per annum, compounded quarterly.
Group of answer choices
2.50%
14.01%
10%
10.38%
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What internal resources and assets does JetBlue have, that may give it a competitive advantage? Critically...
What internal resources and assets does JetBlue have,
that may give it a competitive advantage? Critically discuss
whether Jet Blue position is supported by its value chain and other
internal resources. (800 words)
Q2. What internal resources and assets does McDonald’s have, that may give it a competitive advantage?...
Q2. What internal resources and assets does McDonald’s
have, that may give it a competitive advantage? Critically discuss
whether McDonald’ position is supported by its value chain and
other internal resources. (35 marks- 800 words)
Please i need answer with references
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