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sergey [27]
1 year ago
12

Firms use both the __________ and __________ models. in fact, these models complement each other in that one focuses outside the

firm while the other focuses inside the firm.
Business
1 answer:
rodikova [14]1 year ago
3 0

Industrial organization and resource-based frameworks are both used by businesses. Since one of these models focuses on factors outside the organization and the other on factors inside the firm, they actually complement one another.

A firm is best positioned for long-term success, according to resource-based theory, if it has access to resources that are valuable, unusual, difficult to replicate, and non-substitutable. The development of corporate skills that, over time, may lead to increased performance can be based on these strategic assets.

The industrial organization approach links a company's performance on the global stage to its position in the external market. In order to pinpoint the factors that influence a company's success in international marketing, the resource-based view concentrates on internal organizational resources like marketing expertise or marketing skills. The views of industrial organizations and resource-based organizations are different. Unlike the industrial organization (I/O) paradigm, RBV contends that sustained competitive advantage can be attained more simply by utilizing internal rather than external forces.

Learn more about the business model:

brainly.com/question/13397493

#SPJ4

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A measure of social class that is based on income, wealth, prestige and power is called? a. socioeconomic status. b. esteem. c.
tekilochka [14]

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

What is Socioeconomic Status?

A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.

Therefore,

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

To learn more about socioeconomic status from the given link:

brainly.com/question/8625928

5 0
1 year ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
Auditors may decide to perform some tests of controls or not perform any tests of controls, if inherent risk is assessed as ____
Ivanshal [37]

Answer: Moderate or low

Explanation:

Tests of Control are one by auditors to determine the effectiveness of the internal controls in the company in being able to detect accounting errors and anomalies.

If a company seems to have a moderate or low inherent risk the Auditors may or may not initiate Tests of Control due to this reduced risk.

If the company however, has either high or moderate or unusually high risk, the Auditors have to perform Tests of Control to determine where the company is going wrong.

6 0
2 years ago
BTC, a consulting company with offices across the United States, began an employee discussion forum on its website. A few employ
AnnZ [28]

Answer:

c) moderators.

Explanation:

Since BTC doesn't want to limit employee interaction, but at the same time, it would like to limit what employees can write. The use of moderating features of a discussion forum through the service of a moderator will help them achieve this effectively and efficiently.

A moderator is a neutral individual who has the sole responsibility and skill set to preside and regulate discussions, by ensuring participants do not stray off from the subject matter and the time allotted to them.

4 0
2 years ago
Which of the following is a rule of thumb for cell phone or smartphone etiquette?
Makovka662 [10]
I would have to say D. all of the above
8 0
2 years ago
Read 2 more answers
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