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Enterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equipped to deal with technological changes and advancements. Based on this information, this is an example of which concept?
Answer ModeMultiple Choice QuestionYour Answer correctEnterprise Machinists is always improving upon its core competencies by training its machinists constantly so that they are equipped to deal with technological changes and advancements. Based on this information, this is an example of which ...
Read MoreThe value chain describes of a firm.
Answer ModeMultiple Choice QuestionYour Answer correctThe value chain describes Blank______ of a firm.Multiple choice question.the relationship between resources and the external environmentReason: Value chain activities does not describe external activities.the external environm...
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Which of the following are intangible resources that can be protected as intellectual property?
Answer ModeMultiple Select QuestionYour Answer correctWhich of the following are intangible resources that can be protected as intellectual property?Multiple select question.trade secretscorrecttrademarkscorrectcopyrightscorrectgeneric formulasCorrect AnswerQuestiontrade secretstrademarkscopyri...
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What are the two types of value chains?
Your Answer correctWhat are the two types of value chains?Multiple select question.industry value chainscorrectfirm value chainscorrectproduct value chainsconsumer value chainsCorrect AnswerQuestionindustry value chainsfirm value chains...
Read MoreThe concept of social complexity suggests that .
Answer ModeMultiple Choice QuestionYour Answer correctThe concept of social complexity suggests that Blank______.Multiple choice question.decisions made in the past affect present decision-makingcertain phenomena occur for reasons that are not clearsocial and business systems that work for...
Read Moreare the firm's level of investments to maintain or build a resource.
Answer ModeMultiple Choice QuestionYour Answer correctBlank______ are the firm's level of investments to maintain or build a resource.Multiple choice question.Resource flowscorrectResource valueResource complementsResource stocksReason: Stocks are the resources held by the firm, not a...
Read MoreThe interaction of the many individual systems in the operation of a company often leads to causal ambiguity because of .
Answer ModeMultiple Choice QuestionYour Answer correctThe interaction of the many individual systems in the operation of a company often leads to causal ambiguity because of Blank______.Multiple choice question.isolating mechanismsintangible resourcespath dependencesocial complexitycorrect...
Read MoreAccording to the dynamic capabilities perspective, competitive advantage stems from a firm's ability to .
Your Answer correctAccording to the dynamic capabilities perspective, competitive advantage stems from a firm's ability to Blank______.Multiple choice question.agilely transform its resource basecorrectform critical assumptions about the life cycle of the firmexplore and create the primary...
Read MoreCowgirl Boots, inexpensive leather boots for women, are selling at record-high numbers. The CEO of the company, however, cannot figure out why. Was it caused by the company's recent advertisement campaign or the newly reduced price of the boots or some other unknown factor? Based on this information, what concept describes the CEO's confusion regarding Cowgirl Boots' recent success?
Answer ModeMultiple Choice QuestionYour Answer correctCowgirl Boots, inexpensive leather boots for women, are selling at record-high numbers. The CEO of the company, however, cannot figure out why. Was it caused by the company's recent advertisement campaign or the newly reduced price of the bo...
Read MoreFor a firm to sustain any competitive advantage over time, the fit between its internal strengths and external environment needs to be .
Answer ModeMultiple Choice QuestionYour Answer correctFor a firm to sustain any competitive advantage over time, the fit between its internal strengths and external environment needs to be Blank______.Multiple choice question.causal ambiguoustangiblecompresseddynamiccorrectCorrect AnswerQu...
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