In analyzing the demographic segment of the general environment, one typically examines all of the following factors EXCEPT:
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Value is measured by the variable and fixed costs associated…
Value is measured by the variable and fixed costs associated with the production and marketing of a particular product compared with the revenue and profits the product generates
Capabilities are usually developed separately from specific…
Capabilities are usually developed separately from specific functional areas such as manufacturing, R&D, and marketing
It is increasingly difficult for a firm to develop and susta…
It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and:
Walmart uses core competencies, such as information technolo…
Walmart uses core competencies, such as information technology and distribution channels, to create value for its customers through its “everyday low prices.”
In today’s global economy, some resources that were traditio…
In today’s global economy, some resources that were traditionally critical to firms’ efforts to produce, sell, and distribute goods are now less likely to be a source of competitive advantage
The resource-based model argues that:
The resource-based model argues that:
The length of time a firm can expect to create value by usin…
The length of time a firm can expect to create value by using its core competencies is a function of how quickly competitors can successfully imitate a good, service, or process
“Motivating, empowering, and retaining employees” is an exam…
“Motivating, empowering, and retaining employees” is an example of a capability that resides within the human resources functional area
Interpersonal relationships, trust, friendships among manage…
Interpersonal relationships, trust, friendships among managers and between managers and employees, and a firm’s reputation with suppliers and customers are all examples of complex social phenomena that make capabilities easy to imitate