Focusing enables to get a competitiveedge, but it in like manner passes on acouple of perils that will be troublesome tothe focused in firm, for instance,BFFA-the likelihood that competitors will notfind incredible ways to deal with facilitatewith the drew in association's abilities inserving the market forte.B-the potential for the tendencies andnecessities of forte people to move astime goes on toward standard providerthing credits.C-the potential for the forte to end up beingunnecessarily charming to such an extentthat it will not attract new competitors,in this way giving preposterous marketsegment benefits.D-the likelihood that a drew in associationwill end up being exorbitantly cost usefulto such an extent that it will achieve absurdadvantages.E-None of these are chances worthworrying about.3:42 AM

B. the potential for the tendencies and necessities of forte people in moving over the time and goes…

Answered: Focusing enables to get a competitive…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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QUESTION 19 It is advantageous for an industry to be designated "strategic," as that often means it can qualify for government subsidies and bailouts. True False In assessing and choosing a firm’s strategy, a manager will usually find that benchmarking is: a. unimportant if there is a well-thought-out strategy. b. a valuable part of evaluating a firm’s capabilities. c. the surest way to dilute strengths and magnify weaknesses. d. likely to be the most successful strategy. How does bounded rationality affect strategic decision making? a. Only with prior experience can managers of multinationals make rational strategy decisions. b. Bounded rationality has no effect on decision making. c. Managers pursue their interests and make choices within the formal and informal constraints in a given institutional framework. d. Relying on informal connections as a strategy is only relevant for firms in emerging economies. Being…
Anti-combine, or anti-trust, laws OA. encourage businesses to be competitors. B. drive price-fixing agreements into the open. O c. encourage collusion among businesses to raise prices or restrict supplies to customers D. make it more likely that businesses will communicate about fixing prices.
11. In a Bertrand duopoly with homogenous goods and symmetric and identical constant marginal cost functions the Nash equilibrium has:. a. A price that is equal to marginal cost. b. Profits that are positive. c. The characteristic of strictly upward sloping best response functions. d. None of the above is a correct answer. 12. In a Bertrand duopoly with homogenous goods and uncertain marginal costs the symmetric Bayesian Nash equilibrium has:. a. All type of firms setting a price equal to marginal cost. b. Expected profits that are strictly positive. c. That the more firms in the industry lead to lower output levels in the industry. d. None of the above is a correct answer. 13. Suppose the markup or Lerner index at a symmetric Cournot-Nash equilibrium with n firms is L (n) = e where a is a demand parameter, c is the identical and symmetric marginal cost for all firms, a > c. This implies that: a. As n increases towards infinity the industry behaves as in perfect competition, ceteris…
Which legal school of thought is illustrated in this dialogue? DONUT DAY AT THE OFFICE Part 4 Lee: Right. Inflexible rules, applied the same way every time and in every situation, are just a sign of corporate insanity. This is a company that knows how to adapt and make smart decisions based on the circumstances at hand. Remember when we found out that Allied Chemical hair gel accelerated hair growth at twice the industry standard . . . just before the hair would fall out? Remember what happened to Winfred after he tested out the stuff for us? Remember how happy Allied Chemical was with us when we figured how to market their goop anyway? The rules are made to help us, the best of the best, get what we want. We are the "enlightened" of the break room, and the rules are meant to help US get what WE want. End Part 4 Irrational forces perspective. Sociological school of thought. Legal realism school of thought. Critical Legal Studies school of thought.
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