Competitive disadvantage - Study guides, Class notes & Summaries

Sociology 101 Straighterline Exam Questions and Complete Solutions __________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism __________ refers to processes of social life that pattern institutional development and have to do with social change. -...

WGU D080 Managing in a Global Business Environment A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? They increase Which type of tariff is put in place to specifically ensure tha...

Strategic Management correct answers an integrative management field that combines analysis formulation and implementation in the quest for competitive advantage Strategy correct answers set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors The 3 Good Strategies (AFI) correct answers 1. Diagnosis *(Analysis)* 2. A guiding policy *(Formulation)* 3. A set of coherent actions *(Implement)* Competitive Advantage correct answers superior...

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. ...

The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct answer-gross national product More than 25% of global GDP comes from _____. - Correct answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan People who earn _____ a year comprise the base of the global ...

WGU C201 Business Acumen Exam With 100% Correct Answers 2023. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - Correct answerEvaluating results What is the result of a company increasing the delegation of authority and the span of control? - Correct answer-Increased number of direct reports per manager Which two key elements does an effective organization include? - Correct answerHuman ...

BSG Exam 2 (Answered) Complete Solution Verified 2022 The advantages of a centralized organization structure include Reduced potential for conflicting actions and decisions on the part of lower-level personnel, facilitation of strong top management leadership in crisis situations, and tight control by the manager in charge-it is easy to know who is accountable when things do not go well One of the disadvantages of a decentralized structure featuring employee empowerment is A loss of "full...

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. What is sustainable...

Strategy correct answers set of goal-directed actions a firm takes to gain and sustain competitive advantage 3 elements: Analysis (diagnosis of competitive advantage), Formulation (guiding policy to address competitive challenge), Implementation (set of coherent actions to implement firm's guiding policy) Competitive Advantage correct answers superior performance relative to other competitors in the same industry or the industry average Sustainable competitive advantage correct answer...

WGU C201 Study Set Latest 2022 Already Graded A Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? Evaluating results What is the result of a company increasing the delegation of authority and the span of control? Increased decision-making authority given to employees Which two key elements does an effective organization include? Human interaction Structure Why does a line organizational str...

MAN 4720 Final Exam UCF (Capstone UCF) Questions and Answers Already Passed What is a generic business strategy? A. a general way of positioning a firm's business-level strategy within an industry B. a general way of positioning a firm's business-level strategy to penetrate an international market C. a general strategy that positions your firm in a competitive position within an industry D. all of the above A What are the two dimensions on which generic business strategies are...