A company achieves sustainable competitive advantage when A. it has a profitable business model. B. a...
A company achieves sustainable competitive advantage when
|
A. it has a profitable business model. |
||
|
B. a sufficiently large number of buyers have a lasting preference for its products or services as compared to the offerings of competitors. |
||
|
C. it is able to maximize shareholder wealth. |
||
|
D. it is consistently able to achieve both its strategic and financial objectives. |
||
|
E. its strategy and its business model are well matched and in sync. |
Homework Answers
please find below the solution.. let me know if you need any clarification..
correct answer is option : B a sufficiently large number of buyers have a lasting preference for its products or services as compared to the offerings of competitors.
Company will achieve the competitive advantage when large number of buyers have a lasting preference for its products or services as compared to the offerings of competitors.
Add Answer to:
A company achieves sustainable competitive advantage when
A. it has a profitable business model.
B. a...
When can a company achieve sustainable competitive advantage? a) Whenever it possesses the most profitable business...
When can a company achieve sustainable competitive advantage? a) Whenever it possesses the most profitable business model in the industry and can satisfy shareholder expectations better than its competitors b) When elements of the strategy give buyers lasting reasons to prefer a company's products or services over those of competitors c) When it is able to produce better products for fewer costs than its rivals. d) When it consistently achieves both its long-term and short-term strategic and financial objectives. e)...
Be able to explain each of the following terms: strategy, sustainable competitive advantage, core competency, and...
Be able to explain each of the following terms: strategy, sustainable competitive advantage, core competency, and business model Explain how each of the above terms can affect an organization’s strategic planning or direction What are the riving forces? Name several driving forces and explain how each can change competitive conditions What is a SWOT analysis? What is its purpose? What does Each letter represent?
Which of the following is not one of the elements of a company’s business model. Customer...
Which of the following is not one of the elements of a company’s business model. Customer value proposition. Performance. Profit formula. 2 points QUESTION 2 According to the textbook, Rolex and Louis Vuitton are following a broad differentiation strategy. True. False. 2 points QUESTION 3 A realized strategy is a combination of deliberate planned elements and unplanned emergent elements. True. False. 2 points QUESTION 4 A company’s strategy explains why the company matters in the market by...
1.Porter’s Competitive Forces Model, Porter’s Value Chain Model, and strategies for competitive advantage a)Describe Dell’s business...
1.Porter’s Competitive Forces Model, Porter’s Value Chain Model, and strategies for competitive advantage a)Describe Dell’s business model? Then mention who Dell’s major competitors are? Then, elaborate on what Dell’s competitive strategies are? b)Describe the tasks that Dell must accomplish for each primary value chain activity. c)How would Dell’s information systems contribute to Dell’s competitive strategy, given the nature of its business?
firm has a sustainable competitive advantage when it can outperform its competitors in the long term....
firm has a sustainable competitive advantage when it can outperform its competitors in the long term. O True O False
How can a company achieve a sustainable competitive advantage when its industry becomes hypercompetitive? Provide examples...
How can a company achieve a sustainable competitive advantage when its industry becomes hypercompetitive? Provide examples of some companies that you believe have been successful at this.
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is...
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is Valuable, Rare, Imitable, and Non-substitutable. True False Question 36 2 pts Studying competitors' past behavior and preferences provide a valuable assist in anticipating what moves rivals are likely to make next and outmaneuvering them in the marketplace. True False o tem ? ) Question 37 2 pts Success in achieving a low-cost edge over rivals comes from out-managing rivals in finding ways to perform...
Micka is a local manufacturer with a business model that provides them a significant strategic advantage...
Micka is a local manufacturer with a business model that provides them a significant strategic advantage in the highly competitive retail and apparel industry. At the heart of their model is a set of business processes and a simple, some might call outdated, information system that links demand to manufacturing and manufacturing to distribution. The strategy at Micka stores is simply to have a continuous flow of new products that are typically in limited supply. As a result, regular customers...
QUESTION ONE For a company to gain a competitive advantage, its training has to involve more...
QUESTION ONE For a company to gain a competitive advantage, its training has to involve more than just basic skill development. Supporting your work with practical and real life examples, examine the validity of this statement (40 marks) QUESTIONS TWO The recent increase in the number of COVID-19 cases in Ghana has drawn the attention of government and other stakeholders on the need to deploy more health workers, especially front line health workers and contact tracers to identify potential and...
Retail Planning Process Roberta is a long time quilter. For many years now, Roberta has been...
Retail Planning Process Roberta is a long time quilter. For many years now, Roberta has been making quilts for her friends and family. She specializes in taking scrap pieces of clothing and combining them to make customized, one of a kind quilts. Often friends and family will bring her t-shirts, or scraps of baby clothes, or even fabric from worn clothes, for Roberta to make one of her signature quilts. The demand for Roberta's quilts has gotten so high, she...
firm has a sustainable competitive advantage when it can outperform its competitors in the long term. O True O False
Question 35 2 pts The VRIN tests for sustainable competitive advantage ask if a resource is Valuable, Rare, Imitable, and Non-substitutable. True False Question 36 2 pts Studying competitors' past behavior and preferences provide a valuable assist in anticipating what moves rivals are likely to make next and outmaneuvering them in the marketplace. True False o tem ? ) Question 37 2 pts Success in achieving a low-cost edge over rivals comes from out-managing rivals in finding ways to perform...
Micka is a local manufacturer with a business model that provides them a significant strategic advantage in the highly competitive retail and apparel industry. At the heart of their model is a set of business processes and a simple, some might call outdated, information system that links demand to manufacturing and manufacturing to distribution. The strategy at Micka stores is simply to have a continuous flow of new products that are typically in limited supply. As a result, regular customers...
QUESTION ONE For a company to gain a competitive advantage, its training has to involve more than just basic skill development. Supporting your work with practical and real life examples, examine the validity of this statement (40 marks) QUESTIONS TWO The recent increase in the number of COVID-19 cases in Ghana has drawn the attention of government and other stakeholders on the need to deploy more health workers, especially front line health workers and contact tracers to identify potential and...
Retail Planning Process Roberta is a long time quilter. For many years now, Roberta has been making quilts for her friends and family. She specializes in taking scrap pieces of clothing and combining them to make customized, one of a kind quilts. Often friends and family will bring her t-shirts, or scraps of baby clothes, or even fabric from worn clothes, for Roberta to make one of her signature quilts. The demand for Roberta's quilts has gotten so high, she...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago