Match the concepts with the best answer. Intangible Resource Bargaining Power of Suppliers Sociocultural Factors I I I I I PESTEL Model General Environment ◆ Buyers Purpose of Porters Five Force Tangible Resources Core competency Primary activities

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Give typed explanation

A. Use of knowledge to create new products and processes

 

B. Firms are not able to control only respond to

C. Determine if an industry is good to enter

D. Not applicable

E. Purchasers from the industry

F. Determine if a firm will succeed in an industry

G. Segments of the General Environment

H. Directly add value to a firm’s product

I. Unique firm strength that creates most value for customers

J. Ability to tell the industry how much to pay

K. Characteristics about people such as age and gender

L. Describes the compensation scheme for top managers

M. Employee knowledge

N. Threat of integrating forward

O. Stronger in creating sustainable competitive advantage

P. Can be seen and counted

Q. Consumers

R. Activity that adds value to the primary processes in a firm

S. Describes the characteristics of a firm’s most important resources

T. Ability to tell the industry how much to charge

Match the concepts with the best answer.
Intangible Resource
Bargaining Power of Suppliers
Sociocultural Factors
I
I
I
I
I
60
I
I
PESTEL Model
General Environment
+ Buyers
Purpose of Porters Five Force
Tangible Resources
Core competency
Primary activities
Transcribed Image Text:Match the concepts with the best answer. Intangible Resource Bargaining Power of Suppliers Sociocultural Factors I I I I I 60 I I PESTEL Model General Environment + Buyers Purpose of Porters Five Force Tangible Resources Core competency Primary activities
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