Show
The three best indicators of how well a companys strategy is working are (1) whether the company is achieving its stated financial and strategic objectives, (2) whether its financial performance is above the industry average, and (3) whether it is gaining customers and increasing its market share. Which one of the following is not a part of determining whether a company’s prices and costs are competitive?Which one of the following is not a part of determining whether a companys prices and costs are competitive? Resource value analysis. a core competence in performing that activity. Is a powerful tool for sizing up the company’s competitive assets and determining?resource and capability analysis is a powerful tool for sizing up a companys competitive assets and determining whether the assets can support a sustainable competitive advantage over market rivals. Is a much used and potent managerial tool for determining?A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents the best practice when both cost and effectiveness are taken into account is: benchmarking. What is resource and capability analysis?You analyze and filter the resources to keep the right amount of skills and competencies at your firm. This helps you focus on developing a finished, quality product using their capability. The products developed by your talent pool drive customers, brand loyalty, and profitability. How well a company performs and the degree of market success it achieves are directly?How well a firm performs and the degree of market success it achieves are directly attributable to: the caliber of its strategy. What is meant by the term best practices Why does it matter whether a company utilizes best practices in performing the activities comprising its value chain?What is meant by the term best practices? Why does it matter whether a company utilizes best practices in performing the activities comprising its value chain? A best practice is a method of performing an activity that consistently delivers superior results compared to other approaches. Why is a weighted competitive strength analysis superior to an unweighted analysis?Why is a weighted competitive strength analysis superior to an unweighted analysis? The different measures of competitive strength are unlikely to be equally important. Which one of the following is an accurate interpretation of the scores that result from doing a competitive strength assessment?Which of the following is an accurate interpretation or the overall strength scores that result from doing a competitive strength assessment? the higher a companys overall strength score the stronger is its competitiveness and ability to compete successfully against rival industry members. Which one of the following is not a reliable measure of how well a company’s current strategy?and strategic objectives and whether it is an above-average industry performer. Which one of the following is not a reliable measure of how well a companys current strategy is working? SWOT analysis Which of the following analytical tools are particularly useful for determining whether a company’s prices and costs are competitive quizlet?A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents the best practice when both cost and effectiveness are taken into account is: benchmarking. What tool is used to determine whether a resource or capability is likely to create a competitive advantage group of answer choices?The VRIO framework Which two tests of a resource’s competitive power determine whether a company’s competitive advantage can be sustained in the face of active competition?A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner that represents the best practice when both cost and effectiveness are taken into account is: benchmarking. Which of the following analytical tools are particularly useful for determining whether a company’s prices and costs are competitive?competitive advantage over other companies. Whether a resource or capability can support a competitive advantage is determined by which two tests? Whether the resource or capability is competitively valuable and/or is something that rivals lack Which of the following is most likely to represent a company’s most potent resource or capability?resource and capability analysis is a powerful tool for sizing up a companys competitive assets and determining whether the assets can support a sustainable competitive advantage over market rivals. Which of the following involves an assessment that considers the resources capabilities and competencies of a business?Explanation: Two analytical tools are particularly useful in determining whether a companys value proposition and costs are competitive: value chain analysis and benchmarking. the collection of activities it performs in the course of designing, producing, marketing, delivering, and supporting its product or service. What are resources and capabilities examples?Importance of Resources and Capabilities
May 16, 2020 What does resource capability mean?Resource capabilities describe what operations resources can do. During scheduling, the requirements of each job and operation are matched against the capabilities of the available resources. This task guide will help you create a resource capability and assign it to a resource. What are resources and capabilities of a company?While resources refer to what an organization owns, capabilities refer to what the organization can do. More specifically, capabilities refer to the firms ability to bundle, manage, or otherwise exploit resources in a manner that provides value added and, hopefully, advantage over competitors. What is the difference between resource and capabilities?Question: The difference between a resource and a capability is that A.a resource refers to a companys most strategically important asset, whereas a capability refers to the basis of a companys competitive advantage over rivals Which one of the following accounts for why a portion of a company’s strategy is always developed on the fly?E) A companys strategy is developed mostly on the fly because of the constant efforts of managers to come up with fresh moves to keep the companys product offering clearly different and set apart from the product offerings of rival companies. Which market opportunities are most important for a company?Which market opportunities are most important for a company? Opportunities that offer the best growth and profitability. What makes a competitive advantage sustainable?Sustainable competitive advantages are a set of assets, characteristics, or capabilities that allow an organization to meet its customer needs better than its competition can. Sustainable competitive advantages are difficult to duplicate or replicate. How important is the company’s resources and capabilities in contributing to a competitive advantage?Resources and Capabilities are the sources of competitive advantage and the primary source of profitability for any firm. Resources and capabilities empower a company to drive the business and face competition with their products offerings for the need of customers. Why do a company’s core competencies matter in crafting strategy?Core competencies help an organization to distinguish its products from its rivals as well as to reduce its costs than its competitors and thereby attain a competitive advantage. It helps in creating customer value. Also, core competencies help in creating and developing new goods and services. Which of the following is most likely to represent a company's most potent resource strength?Which of the following is most likely to represent a company's most potent resource or capability? A distinctive competence in performing a competitively important value chain activity.
Which of the following is not a component of evaluating a company's competitive strength and cost structure?Environmental scanning is not a component of evaluating a company's competitive strength and cost structure.
Why is a weighted competitive strength analysis superior to an unweighted analysis?The results are more accurate since they involve a greater amount of data. The weighted analysis is easier to conduct and less cost-intensive. It eliminates the bias introduced for those firms having large market shares.
What are the three best indicators of how well a company's strategy is working?Explanation: The three best indicators of how well a company's strategy is working are (1) whether the company is achieving its stated financial and strategic objectives, (2) whether its financial performance is above the industry average, and (3) whether it is gaining customers and increasing its market share.
|
Which of the following is an accurate interpretation of the overall competitive strength ratings that result from doing a competitive strength assessment?
zusammenhängende Posts
Urheberrechte © © 2024 decemle Inc.
