Which of the below conditions are NOT one of the conditions for ensuring sustainable competitive advantage? a. The resources or capabilities are unique. b. The resources or capabilities are easy to imitate. c. No readily available substitutes exist. d. The resources or capabilities are valuable.

Which of the below conditions are NOT one of the conditions for ensuring sustainable competitive advantage? a. The resources or capabilities are unique. b. The resources or capabilities are easy to imitate. c. No readily available substitutes exist. d. The resources or capabilities are valuable.

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

See similar textbooks

Related questions

Q: D Question 25 Refer to the accompanying graph Price 4 E 10 81 82 D₂ Quantity The market is currently…

A: If the sellers are subsidised what happens is that the supply would increase as a result of which…

Q: Find the formula for g in terms of f. g(x) = -12 12 2.0 12 2.0 2.0 12 12 2.0 -12 Find the formula…

A: Some concepts of graphical transformations :-1) Suppose we have the graph of the function f(x) , now…

Q: Describe at least three types of tangible and intangible resources and capabilities.

A: The objective of this question is to identify and describe at least three types of tangible and…

Q: read the 3 articles below, and minimum 1500 words analysis regarding social media, proposed laws to…

A: Social media platforms have become an integral part of modern society, connecting billions of people…

Q: Over time have changes in technology tended to push businesses toward becoming bigger or smaller?…

A: Cloud-based solutions and automation tools can level the playing field, reducing the overhead costs…

Q: Business is bustling at your catering service, forcing you to order more food ingredients than usual…

A: During a limited period of increased economic activity, your catering service experienced bustling…

Q: What are the 2 types of decisions relevant to supply chain management? Select one: Insource and…

A: Supply chain management (SCM) is the management of the flow of goods and services, including the…

Q: An Ethical Dilemma Jayla just landed an internship with Acme Incorporated in the payroll department.…

A: Business ethics is the aspects of business that define the standards or directives that assist in…

Q: What are the three types of business processes? O Product design, sales, growth Operations, support,…

A: The question pertains to identifying the three types of business processes among a set of options.…

Q: Can you write research short report of “ The Importance of Storm Water Management on Green…

Q: Rare Agri-Products Ltd. is considering a new project with a projectedlife of seven (7) years. The…

A: Financial Analysis of Rare Agri-Products Ltd.'s ProjectTerminal Cash Flow (TCF):Year 7 Salvage…

Q: Antitrust which historically focuses on domestic competition, can be used to score international…

A: d. Understand the rules of the game governing domestic and international competition around the…

Q: In your own words, describe self-paced, technology-based learning. Next, explain the benefits and…

A: Technology-based self-paced learning is essentially education delivered through digital tools where…

Q: Fill in the P(X=x) values to give a legitimate probability distribution for the discrete random…

Q: What is an example of a cover letter for student teaching at an elementary school?

A: The objective of this question is to provide an example of a cover letter for a student teaching…

Q: Identify and describe a local or online store you often shop at. Include a picture if you like.…

Q: Quorex is evaluating two mutually exclusive projects. Project A has a net investment of $50,000 and…

A: To evaluate which project should be chosen, we will calculate the Net Present Value (NPV) for both…

Q: Kiley Electronics is considering a project that has the following cash flow data. What is the…

A: Option a: This option is correct. Step 1:We have to calculate the IRR of the project.We will use the…

Q: 1)In order for a statistical analysis to be generalizable to the larger population, a random sample…

A: 1) **Random Sampling and Generalizability:** Random sampling is a crucial aspect of ensuring the…

Q: Using, United Nations as my Global organization I need help aswer these questions to create a chart…

A: International Intergovernmental Organization

Q: Group behavior refers to the patterns of interaction and dynamics that emerge when individuals come…

A: Trust and Psychological Safety: A psychologically safe environment which teams so well provides to…

Q: Discuss the three Levels of management in an organization

A: The objective of this question is to understand the three levels of management in an organization.…

Q: Identify and briefly explain five issues that need to be controlled by managers in a Supermarket.…

A: Inventory Management: Managers must ensure optimal inventory levels to prevent overstocking or…

Q: True or False? Period Costs are the same as Product Costs, but just for one period.

A: The objective of the question is to understand the difference between period costs and product…

Q: Q. 1. Calculate the amount of water required (kg/hr) in a heat exchanger that cools down 100 kg/h of…

A: The objective of this question is to calculate the amount of water required to cool down a corn…

Q: What are the impacts on international shipping with the Houthi attacks on shipping in the Red Sea…

A: The question aims to understand the impacts on international shipping due to the Houthi attacks in…

Q: Prepare an REA diagram for a Fitness Center using the following assumptions. We only offer…

A: The REA (Resources, Events, Agents) diagram outlined for the Fitness Center provides a structured…

Q: List and briefly explain the common causes of customer attrition

A: The objective of this question is to identify and explain the common causes of customer attrition,…

Q: I need answer typing clear no chatgpt used

A: Monopolistic competition is a market structure characterized by many firms producing similar but not…

Q: What are the ethical issues, as identified with the Markkula Center Framework for Ethical Decision…

A: DG may have "hit a gold mine in rural America," but at what ethical cost? This is not merely your…

Q: T a. $123,000, 15-year loan at 6.00 percent. b. $165,000, 30-year loan at 7.50 percent.…

A: To compare these mortgage options, we need to calculate the monthly payments for each loan. We'll…

Q: The managerial task of developing a strategic vision for a company: Question 20Answer…

A: The objective of the question is to understand the primary focus of developing a strategic vision…

Q: What is the term that is used to describe, when a company focuses on new product and market…

A: Every organization can be classified based on the rate at which they change their products or…

Q: Explain the difference between fixed and variable costs. What are some examples of both fixed and…

A: Controlling is a fundamental management function that involves monitoring organizational activities…

Q: In the realm of business, planning serves as the compass guiding companies through the ever-…

A: Overall, strategic planning is a proactive tool that helps organizations adapt to changing market…

Q: Examine the possible cash-flow issues and operational improvement possibilities of at least two…

A: The objective of the question is to analyze the potential cash-flow problems and operational…

Q: In this task you will evaluate how effectively a Deputy Branch Manager conducts a one- to -one…

A: A detailed and comprehensive explanation with examples and citations for evaluating the…

Q: what is KPIs

A: KPIs, or Key Performance Indicators, are a type of performance measurement that organizations use to…

Q: How does vertical accountability and horizontal accountability show a blending of perspectives and…

A: Vertical and horizontal accountability, while distinct concepts, work together to create a more…

Q: What is the applicability of the blind men story to employees in a work situation?

A: Interpersonal dynamics refers to the complex interplay of behaviors, emotions, and communication…

Q: Find a 3 x 3 stochastic matrix A that has exactly one initial state vector that will generate a…

A: Step 1: To find a 3x3 stochastic matrix A that has exactly one initial state vector x0 that will…

Q: What wicked problem does patagonia aim to solve ?

A: The outdoor apparel brand Patagonia addresses the pernicious issues of unsustainable consumerism in…

Q: 3 Which of the following inventory models considers backorder costs? O a. Economic Order Quantity…

A: Inventory models are used to determine the optimal level of inventory a company should maintain to…

Q: 1. Office product is typically classified by industrial product by and retail product by Group of…

A: The question pertains to the classification of office products, typically categorized within the…

Q: Provide a comprehensive description of how the organization and potential funders will know the…

A: The success of a cyberattack program can be measured through a variety of metrics and indicators.…

Q: Which of the following answers best describes the term core competency? a capability that the…

A: Strategic management refers to the continuous course of planning, carrying out, and assessing…

Q: Definition of “Green Human Resource Management” (GHRM). Brief explanation and examples on the…

A: Green Human Resource Management (GHRM) refers to the policies, practices, and systems that make…

Q: Top management usually performs all of the following tasks EXCEPT: O a. establish long-range plans O…

A: Effective management is about inspiring and guiding individuals and teams to work together towards…

Q: 2. An infinite sheet of uniform charge ps (C/m^2) is placed at z=0. Use Gauss' law to calculate the…

Q: Analyze the role of innovation in entrepreneurship. Provide examples of innovative startups and…

A: The objective of this question is to understand the role of innovation in entrepreneurship and how…

Question

Which of the below conditions are NOT one of the conditions for ensuring sustainable competitive advantage?

The resources or capabilities are unique.

The resources or capabilities are easy to imitate.

No readily available substitutes exist.

The resources or capabilities are valuable.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Which foodservice system(s) should be considered in each of the following situations ? a. High labour cost in the area b. Very low equipment budget c . Close quality control desired d. High food cost in the area
Any company's main purpose is to benefit stakeholders and competitors. d. service 4. In a manufacturing company, the supply chain is a crucial value chain that does all of the following except: Finance and accounting, marketing and sales, inbound logistics, and customer service 5. Value-added business processes. Reengineering, process redesign, disruptive change d. Continuous improvement innovates by progressively improving.
SM5 Infinity Enterprises, a large organization with seven business units, recently prepared a BCG Growth-Share Matrix to evaluate whether it has a balanced portfolio of businesses. Upon analysis, its three large business units were identified as stars, two medium-size business units were identified as question marks, and one small business unit each was identified as a cash cow and as a dog. Which of the following is a conclusion you can draw upon evaluating the data? A The company needs to set up more business units that operate in high-growth markets. B The company is probably facing a shortage of funds to fuel its growth. C The company should hold onto the business unit identified as a dog in order to maintain a balanced portfolio of businesses. D The company is probably generating excess cash that can be used to start new business units
Value-Chain Analysis Sheldon Radio manufactures yacht radios, navigational equipment, anddepth-sounding and related equipment from a small plant near New Bern, North Carolina. One ofSheldon’s most popular products, making up 40% of its revenues and 35% of its profits, is a marineradio, model VF4500, which is installed on many of the new large boats produced in the UnitedStates. Production and sales average 500 units per month. Sheldon has achieved its success in themarket through excellent customer service and product reliability. The manufacturing process consists primarily of the assembly of components purchased from various electronics firms plus a smallamount of metalworking and finishing. The assembly operations cost $110 per unit. The purchasedparts cost Sheldon $250, of which $130 is for parts that Sheldon could manufacture in its existingfacility for $80 in materials for each unit plus an investment in labor and equipment that would cost$35,000 per month.Sheldon is considering…
The right quality is determined by the cost of materials and the technical characteristics as suited to the specific requirements, and it implies that: Select one: Quality should be available, measurable and highest level at all. Quality should be valuable, immeasurable and outstanding as far as possible. Quality should be available, measurable and understandable as far as practicable. The right quality is the highest quality.
JYP is a hypermarket chain that operates throughout China, with 25 locations and 800 employees ranging from store workers to the CEO. JYP I operates in a very competitive environment with numerous other companies. As a result, improving performance is vital in order to achieve the goal of being the number 1 hypermarket chain in the country. The goal must be met while taking into account the relatively high worker turnover rate in this area. a)Explain how the Maslow Hierarchy of Needs application may be of use at JYP. b)Explain the application of Performance Management System at JYP.
. In historical analogy, the product life cycle of an existing, similar product is used as the basis in forecasting the demand for a new product. True False
34 The analysis tool that lists products in descending order of their individual dollar contribution to the firm is: Select one: a. product-by-value analysis. b. decision tree analysis. c. pareto analysis. d. product life cycle analysis. e. breakeven analysis.
Multiple choice: When should product strategy focus on forecasting capacity requirements? A. at the introduction stage of the product life cycle 5. B. at the growth stage of the product life cycle C. at the maturity stage of the product life cycle D. at the decline stage of the product life cycle E. none of the above 6. Which of the following industries is likely to have low equipment utilization? A. restaurants B. commercial baking C. television manufacturing D. chemical processing E. auto manufacturing Which of the following statements is true? 7. A. Almost all services and almost all goods are a mixture of a service and a tangible product. B. A pure good has no tangible product componer C. A pure service has only a tangible product component. D. There is no such thing as a pure good. E. None of the above is a true statement.
A facility manager wants to align the facility management strategy with that of the demand organizations strategy. What should the facility manager use to do this? Facilities register Facilities audits Balanced scorecard system Strategic business plan
POP l +O 60% 16:43 0.63 K/s UNIVERSITY OF GHANA 35 Part 1 of 1- Question 84 of 100 All the following are advantages of the Local Community Organizers Model except; OA. It is sustainable OB. It is replicable C. It is simple D. Local organizers are given opportunities to make unique contributions to organizing work Reset Selection > 2 Question Progr
How can businesses align their KPIs with their strategic goals to ensure effective performance measurement?