Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer the following multiple choice questions. Thank you Question 12 (1 point) Firms that have either recently started their operations in an industry or

image text in transcribedimage text in transcribed

Please answer the following multiple choice questions. Thank you

image text in transcribedimage text in transcribedimage text in transcribed
Question 12 (1 point) Firms that have either recently started their operations in an industry or are a threat to begin operations in an industry are considered to be ________ in the five forces framework. O barriers to entry 0 new entrants O suppliers 0 buyers Question 13 (1 point) If a customer places more value on your product if they have it with another firm's product, when compared to the value they place on it when when they have your product by itself, then the other firm is known as a ( ). O complementor. Q rival. Q substitute. O competitor. Question 14 (1 point) Typically, the majority of firms have resource bases that are comprised mostly of resources and capabilities that would be considered 0 valuable but not rare. 0 neither valuable nor rare. O rare but not valuable. O valuable and rare Question 15 (1 point) Firms that possess and exploit costly-to-imitate, rare and valuable resources in choosing and implementing their strategies may enjoy a period of O sustained competitive advantage. 0 temporary competitive advantage. 0 competitive disadvantage. O competitive parity. Question 16 (1 point) In the RBV (Resource Based View), which of the following options is defined as the tangible and intangible assets that a firm controls that can be used to formulate and implement its strategies. O Management controls Q Capabilities 0 Resources 0 Compensation policies Question 17 (1 point) Firm ABC is an environmentally friendly firm in the cosmetics industry. If ABC undertook an analysis to help it understand which of its resources and capabilities are likely to be sources of competitive advantage and which are less likely to be sources of such advantages, then it would be performing a(n) O internal analysis. O external analysis. O economic analysis. 0 WACC analysis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

More Books

Students also viewed these General Management questions

Question

=+b) In which application is a larger length used?

Answered: 1 week ago