Resource heterogeneity - Study guides, Class notes & Summaries

Test bank for Ecology: The Economy of Nature 9e 9th Edition by Rick Relyea. ISBN-13: 5542 Full Chapters test bank included Chapter 1 An Introduction to Ecology 1.1 Ecological Systems Exist in A Hierarchy of Organization Individuals Populations Communities Ecosystems The Landscape The Biosphere 1.2 Physical and Biological Principles Govern Ecological Systems Conservation of Matter and Energy Dynamic Steady States Evolution 1.3 Different Organisms Play Diverse Roles in Ecological...

MGT 247- Exam 1 Latest Version 100% Pass How do companies create value for customers and other stakeholders through strategic planning? Strategic Management What term describes a company's superior performance compared to others in its industry? Competitive Advantage What is the concept of having a distinctive position within an industry to deliver value to customers while managing costs? Strategic positioning What are the key components of a successful strategy? Vision, Analyzing Envir...

intraspecific competition correct answer: competition among individuals of the same species EX: hummingbird feeder interspecific competition correct answer: competition between different species community correct answer: assemblage of species in the same place at the same time competition correct answer: - and - types: interference, exploitation, apparent consumer- resource correct answer: + and - when one species is another's resource plant-herbivore host-parasite preda...

BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission r...

What does internal analysis tell us? : It provides a comparative look at a firm's resources and capabilities and how they pertain to strengths and weaknesses. Internal analysis helps a firm do what? : Determine if its resources and capabilities are likely sources of competitive advantage and then establish strategies that will exploit any sources of competitive advantage. What are resources? : The tangible and intangible assets of a firm that are used to conceive and implement strate...

Southwest Airlines (SWA) has enjoyed a sustained competitive advantage, allowing it to outperform its competitors over several decades. Continental and Delta attempted to copy SWA with their offerings of Continental Lite and Song, respectively. Neither Continental nor Delta, however, was able to successfully imitate the resource bundles and firm capabilities that make SWA unique. Which of the following is this case an example of? a. resource immobility b. resource heterogeneity c. resource ...

Core Competencies embedded strengths enabling value-creation Capabilities strategically orchestrating diverse resources Resources assets leveraged for strategy/ formulation Looking Inside the Firm for Core Competencies Competitive advantage derives from core competencies, which enable: 1. Differentiation of products/services creating perceived value, or 2. Cost leadership - offering products/services of comparable value at lower cost (Diagram) Looking Inside the...

WPC 480 Chapter 4 Exam With Complete Solutions Core competencies - answerUnique strength, embedded deep within a firm, that are critical to gaining and sustaining competitive advantage. Resources - answerAny assets that a firm can draw on when formulating and implementing a strategy. Capabilities - answerOrganizational and managerial skills necessary to orchestrate a diverse set of resources and deploy them strategically. Activities - answerDistinct and fine-grained business processes th...

WPC 480 Chapter 4 Exam With Complete Solutions Core competencies Unique strength, embedded deep within a firm, that are critical to gaining and sustaining competitive advantage. Resources Any assets that a firm can draw on when formulating and implementing a strategy. Capabilities Organizational and managerial skills necessary to orchestrate a diverse set of resources and deploy them strategically. Activities Distinct and fine-grained business processes that enable firms to a...

WPC 480 Chapter 4 Exam With Complete Solutions Core competencies - answerUnique strength, embedded deep within a firm, that are critical to gaining and sustaining competitive advantage. Resources - answerAny assets that a firm can draw on when formulating and implementing a strategy. Capabilities - answerOrganizational and managerial skills necessary to orchestrate a diverse set of resources and deploy them strategically. Activities - answerDistinct and fine-grained business processes th...