Question

28) The set of business activities in which a fim engges to develop, produce, and market its products or services is known as its A) value chain B) physical resources cjorganizational resources D) human resources 29) If in the process of maximizing its performance, a firm engages in activities that pollute the environment, the impact of that pollution is a(n) A) capability. B) externality. C) competitive advantage. D) weakness 30) ESPN's development of an extensive offering of X-Games coverage that is unmatched by any other sports outlet is an example of which element of the VRIO framework? A) organization B) imitability C) competitive parity D) rarity 31) Cost-leadership and product-differentiation strategies are so widely recognized that they are often called A) common business strategies. B) generic corporate strategies. C) generie business strategies D) common corporate strategies focuses on gaining advantages by reducing its cost below 32) A firm that chooses a all of its competitors. A) diversification strategy B) product-differentiation business strategy C) corporate strategy D) cost-leadership business strategy 33) of production) are associated with lower costs (measured in terms of average costs per unit of production) A) Sustainable competitive advantages B) Economies of scale C) Temporary competitive advantages D) Economies of scope are said to exist when the increase in firm size (measured in terms of volume 5

can anyone please answer the questions? it's about Management Decisions class. Thank you so much!!

Answer 1

28. A) Value Chain

29. D) Weakness

30. D) Rarity

31. A) Common Business Strategies

32. D) Cost leadership Strategy

33. B) Economies