Human capital imitability - Study guides, Class notes & Summaries

ORGANIZATIONAL BEHAVIOR EXAM 1 CH. 1-4 Q & A 2023/2024. Organizational Behavior - CORRECT ANSWER-The actions of individuals and groups in an organizational context. Managing Organizational Behavior - CORRECT ANSWER-Actions focused on acquiring, developing, and applying the knowledge and skills of people. Strategic OB Approach - CORRECT ANSWER-An approach that involves organizing and managing people's knowledge and skills effectively to implement the organization's strategy and gain a ...

Views of globalization (Chp 1.4) - Correct answer-1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - Correct answer-Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - Correct answer-Location specific advantag...

Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking Location specific advantage = Abundance of strong market demand a...

Views of globalization (Chp 1.4) - answer-1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - answer-Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - answer-Location specific advantage = Abundance of strong...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...

WGU C211 Exams Questions with Accurate Solutions Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking Location speci...

Strategic competitiveness Answer- Achieved when a firm successfully formulates and implements a value creating strategy Strategy Answer- An integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive advantage Answer- A strategy that creates superior value for customers and that competitors are unable to duplicate or find it too costly to try to immitate Above Answer- average returns - Returns in excess of wha...

WGU C211 - Global Economics for Managers, Brian Final Question and answer 20233 views on globalization Globalization is when you do business internationally New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? "Evolutionary" view on globalization A ...

Strategy An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantages. Vision What do we want to accomplish? Mission How do we accomplish our goals? And what do we do to accomplish our goals? Stakeholders organizations, groups, and individuals. They can affect or are affected by a firm's actions. Competitive Advantage superior performance relative to other competitors in the same industry or the industry average. Sust...

WGU C211 Study Guide Questions 100% solved 2023Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking Location specific ...