competitive advantage can best be described as

C) a strength of the organization. all of the answer choices are correct. Supply chain management B. Personal touch. C. a strength of the organization. Honest Tea's core competence and competitive edge over its competitors, can best be described as ________. Report. C) a strength of the organization. Having comparative advantage can be one element that contributes to a company's competitive advantage. Operational Effectiveness Is Not Strategy. C) hybrid of country-based and firm-based theories. D) government-focused theory based on economies of scale. Strategic Leadership. Organization. What sets an Organization apart C. A strength of the organization D. Intangible Resources. D. intangible resources. A. Durability B. Imitability C. Quality However, holding comparative advantage doesn't always guarantee competitive advantage. as a foundation for competitive advantage in the firm. Question 1Competitive advantage can best be described as:A. increased efficiency. Competitive advantage can best be described as; the reason a firm is selected by the consumers over its competitors the way a firm adds to corporate profits underlying the firm's differentiation a way to focus on the consumers tastes and preferences A. Durability B. Imitability C. Quality Answer» a. increased efficiency. I. c. coinciding. Competitive advantage can best be described as: A. increased efficiency. To gain lasting global competitive advantage a company has to leverage its capabilities around the world so that the company as a whole is greater than sum of its parts. D) intangible resources. B) what sets an organization apart. Factors. Total quality, benchmarking, and business process reengineering are ways that companies can be operationally effective. culture drives government structure not competitive advantage. C. a strength of the organization. D. intangible resources. Increased Efficiency B. Porter’s theory of national competitive advantage can best be described as a ________. A company gains competitive advantage by providing a product or service in a way that customers gain more value than with a competitor. Free Udemy coupon. Strength. a strength of the organisation. Bloomberg Businessweek helps global leaders stay ahead with insights and in-depth analysis on the people, companies, events, and trends shaping today's complex, global economy 130 followers. factors that allow a company to produce goods or services better or more cheaply than its rivals. Wellness. … What sets an Organization apart a concise overview of the firm’s strategic situation. B. what sets an organization apart. c. a strength of the organization. Burger bomb is a new hamburger restaurant. A product that no-one else can offer (protected by IP law or patents, etc.) Honest Tea took seriously the mantra of "reduce, reuse, and recycle" and used glass when they first launched. Search over 3,500 U.S. colleges and universities by undergraduate field of study. Competitive advantage can best be described as : A. ️management; Competitive advantage can best be described as : A. D. intangible resources. D) government-focused theory based on economies of scale. b. conflicting. Question 1 of 20 5.0 Points. 1. D. intangible resources. 2. a strength of the organisation. A sustainable competitive advantage is not achieved through operational effectiveness alone. Integrated technology management C. Strategic management D. Inventory management _____ is best described as an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Report. 2. The field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation is known as _________. A firm is described as having a competitive advantage when it successfully attracts more customers, earns more profit, or returns more value to its shareholders than rival firms do. Ideally, a firm will have a culture, like Southwesta firm will own resources like Southwest’s culture#8217;s, that embraces the four qualities shown in Table 4.1 “Resource-Based Theory: The Basics”. In contrast, are quite difficult to see, to touch, or to quantify. Reset Selection. Ability to produce and sell at a lower cost (known as cost leadership) Brand and reputation. A firm achieves a competitive advantage by adding value to its products and services or reducing its own costs more effectively than its rivals in the industry. B) what sets an organization apart. Range, price and convenience are placed at the core of Amazon competitive advantage. there is no relationship between culture and national competitive advantage. c) Tacit. However, they cannot sustain it by themselves II. B. that can sustain long-term competitive advantages within defined market segments. Question 1 of 20 5.0 Points. 2. ... and the CS entry in the College Catalog. Local market demand conditions. Chapter 2 - The Context of Managing Strategically 1) Competitive advantage can best be described as A) increased efficiency. what sets an organization apart. (Points: 5) … Intangible resources include, for example, the knowledge and skills of employees, a firm’s reputation, brand name, exclusive rights … D. intangible resources. B. what sets an organization apart. 1 view. B. what sets an organization apart. 1. Corporate Social Responsibility. Chapter 2 - The Context of Managing Strategically 1) Competitive advantage can best be described as A) increased efficiency. C. a strength of the organization. Michael Porter described a category scheme consisting of three general types of strategies commonly used by businesses to achieve and maintain a competitive advantage. 1  While the term is commonly used for businesses, the strategies work for any organization, country, or individual in a competitive environment. C) hybrid of country-based and firm-based theories. all of the answer choices are correct. Your ability to master communication skills and decision making best practices will determine whether you reach your business and career goals in our … increased efficiency. Amazon business strategy can be described as cost leadership taken to the extreme. B) what sets an organization apart. A SWOT analysis can be described best as. need to be combined with complementary resources in the external environment IV. As many suspected from the outset, travel bans against South Africa and neighboring countries could turn out to be little more than a case of punishing the whistleblower. Competitive advantage can best be described as: A. increased efficiency. C. a strength of the organization. C) a strength of the organization. What sets an Organization apart competitive advantage Something that places a company or a person above the competition. Answer: C. B. what sets an organization apart. Reset Selection. B. what sets an organization apart: C. a strength of the organization. B) firm-based theory. With … a strength of the organization. C) a strength of the organization. intangible resources. Obstacles which potential newcomers would encounter when entering a market are called: * Economies of scale Buyer switching costs Barriers to entry Mobility barriers 3. Competitive advantage is determined by the structure of the industry. The concept of core competencies was … D) intangible resources. C. a strength of the organization. IllinoisJobLink.com is a web-based job-matching and labor market information system. Question 2 Which one of the following factors is considered to make an organization’s resources unique? As CBS reports, Dutch health authorities are now reporting that the omicron variant was found in the Netherlands as far back as November 19, well before scientists in South Africa and Botswana … Competitive advantage can best be described as: A. increased efficiency. ... at best (Mata et al., 1995). D) Competitive advantage is determined by industry attractiveness Competitive advantage can best be described as A) increased efficiency. Competitive Advantage. It is the reason behind brand loyalty, and why you prefer one product or service over another. There are three different types of competitive advantages that companies can actually use. They are cost, product/service differentiation, and niche strategies. D. intangible resources. D. intangible resources. B. what sets an organization apart. A) country-based theory. Businesses need to use information technology innovatively. intangible resources. C. a strength of the organization. Physical assets such as a firm’s property, plant, and equipment, as well as cash, are considered to be tangible resources. C) a strength of the organization. In a family business, the interests of the family and the interests of the business are best described as a. overlapping. Unique access to technology or production methods. 2. ... an organization's attempt at creating and sustaining a long-term competitive advantage can be disrupted through. The competitive advantage of Michael Porter states that there are three main ways to position yourself in the market above competitors: lower prices, differentiation and focus.. Michael Porter is an American economist, professor and researcher at Harvard University. C) hybrid of country-based and firm-based theories. D. intangible resources. C. a strength of the organization. You can report any suspected side effect to the UK Yellow Card safety scheme. Competitive advantage can best be described as a increased efficiency b what from MANAGEMENT 510 at District Public School & Bulleh Shah Degree College, Kasur B) what sets an organization apart. Answer» a. increased efficiency. An oligopoly environment can be described as an environment A. with few players who do not directly compete against one another. Reset Selection. Innovation b. However, it is not information technology that gives a company a competitive advantage; it’s the way they use information technology that makes the difference. B. what sets an organization apart: C. a strength of the organization. The two broad strategies for building a competitive advantage are the ____ strategies. Avoid or Use Al b) Tangible. Competitive advantage can best be described as: A. increased efficiency. B. what sets an organization apart. Global competitive advantage will mean having the best technologies and processes for designing, manufacturing, selling and servicing products at the lowest possible cost. Porter believed that a sophisticated home market is critical to ensuring ongoing innovation, thereby creating a sustainable competitive advantage. Knowledge which is difficult to define and codify is known as: a) Explicit. Competitive advantage can best be described as : A. Increased Efficiency B. ️management; Competitive advantage can best be described as : A. ... an organization's attempt at creating and sustaining a long-term competitive advantage can be disrupted through. Answer: C. Competitive advantage can best be described as: (Points: 5) increased efficiency. Plastic versus glass was an important question. The relationship between culture and national competitive advantage can best be described as: the norms and values of a country influence costs of doing business in that country. competitive advantage. A superiority gained by an organization when it can provide the same value as its competitors but at a lower price, or can charge higher prices by providing greater value through differentiation. Competitive advantage results from matching core competencies to the opportunities. B) firm-based theory. In strategic management, effectiveness can best be described as _____. Mgt 301 Connect Questions Chapter 1-3. Increased Efficiency B. increased efficiency. C. a strength of the organization. Competitive advantage can best be described as : A. Question 2 Which one of the following factors is considered to make an organization’s resources unique? cost-based and differentiation-based. D. intangible resources. mental health of consumers. _____ is the foundation of blue ocean strategy. B. provide every customer with goods and services that are high in quality and low in cost. competitive advantage can best be described as. that have all four of these qualities.If so, these resources can provide not only a competitive advantage but also a sustained competitive advantage —one that will endure … 1. A) country-based theory. 1. Competitive advantage can best be described as: a. increased efficiency. B. what sets an organization apart. Competitive advantage occurs only when there is a situation of resource heterogeneity and resource immobility. The concept of core competencies was … Thus, it can be said that the countries that lack natural resources develop new methods or processes that lead to national comparative advantage. However, I wanted … Value creation c. Value innovation Veritas is an online platform offering veterinarians and paraprofessionals web-based, peer-reviewed continuing education courses. D) intangible resources. are resources that can be readily seen, touched, and quantified. D. intangible resources. The tangibility of a firm’s resources is an important consideration within resource-based theory. Competitive advantage can best be described as: A. increased efficiency. Some common examples of competitive advantage include: The team. Reset Selection. D. intangible resources. The concept of strategic alignment can best be described as _____. A sustainable competitive advantage is not achieved through operational effectiveness alone. SOLVED: Competitive Advantage Can Best Be Described As | SolutionZIP. 2. management. According to Porter, various management tools like … B) what sets an organization apart. Since customer service can be an important source of competitive advantage, progressive managers A. work hard to establish and maintain high standards of customer service. competitive advantage can best be described as. How to evaluate a competitive advantage?- Evaluate Resources. The basis for a competitive advantage often lies in the resources and abilities that are already available, even though the resources may not initially be recognized.- Clarify Goals. Has a clear idea of what the business seeks to accomplish been established? ...- Define Customers. ...- Examine Competitors. ... Competitive advantage can best be described as: A. increased efficiency. a. Competitive advantage can best be described as: A. increased efficiency. asked Apr 20, 2016 in Business by Kimberly. quality organic and natural teas. Human Resources. B. what sets an organization apart. This temporary nature is attributed to the advantage. Question 1 of 20 5.0 Points. B. what sets an organization apart. Increased Efficiency B. Competitive advantage can best be described as: A. increased efficiency. Obstacles which potential newcomers would encounter when entering a market are called: * Economies of scale Buyer switching costs Barriers to entry Mobility barriers 3. Question 1 of 20 5.0 Points. Consumer Behaviour. This point might look similar to the previous one, and it is. intangible resources. hyper-competitive markets help sustaining it III. Competitive advantage can best be described as A) increased efficiency. 13. A competitive advantage is the recognition that a company either delivers quality products at a lower cost than the competition or offers support and services at a greater value than the competition, according to the Quick MBA website. Establishing a competitive advantage takes planning and coordination among your departments. C. that can reap excessive business profits in the absence of competition within defined market segments. A) country-based theory. C. a strength of the organization. Javascript is currently not supported, or is disabled by this browser. D) government-focused theory based on economies of scale. Competitive advantage can best be described as: A. increased efficiency. Increased Efficiency B. In strategic management, effectiveness can best be described as _____. 31. d. intangible resources. B) firm-based theory. b. what sets an organization apart. Guerrilla. Competitive advantage can best be described as: A. increased efficiency. What sets an Organization apart C. A strength of the organization D. Intangible Resources. C. a strength of the organization. Anabolic steroids. Master communication skills and decision making best practices of Fortune 500 leaders taught by world-renowned expert - Free Course. A competitive advantage is what makes an entity's goods or services superior to all of a customer's other choices. D. intangible resources. What sets an Organization apart C. A strength of the organization D. Intangible Resources Porter's theory of national competitive advantage can best be described as a ________. Porter’s theory of national competitive advantage can best be described as a ________. 1 view. Competitive advantage can best be described as : A. A. D. All of the above E. Competitive advantage can best be described as A) increased efficiency. Question 1 Competitive advantage can best be described as: A. increased efficiency. ANS: F The values can serve as a foundation for competitive advantage in the firm. Part 1 of 1 - S. Solution Zip. Increased Efficiency B. This is applicable to Business Udemy discount offers. 1. 2. B. what sets an organization apart. Which one of the following factors is considered to make an organization's resources unique? Competitive advantage can best be described as: * what sets an organisation apart. Competitive advantage can best be described as: * what sets an organisation apart. Total quality, benchmarking, and business process reengineering are ways that companies can be operationally effective. Mark Michaels is the owner of Delectable Delights, a specialty store offering chocolates, candies, and fruit baskets. What sets an Organization apart C. A strength of the organization D. Intangible Resources Internal resources can create a competitive advantage. Go to the Registrar's Grinnell Share Site. Using DMAA can lead to one or more of the following complications.
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