Answer:
The correct answer is C. It focuses on value, rarity, imitability, and organizational aspects of resources and capabilities.
Explanation:
Technique or analysis through which the company is able to detect what are the resources and capabilities that can provide a certain sustainable competitive advantage, that is, a position of superiority in the market compared to its competitors over time.
The VRIO analysis is based on the resources and capabilities approach and arises from the internal analysis of the company.
The terms and definitions that make up the VRIO analysis (Valuable, Rare, Inimitable and Organized) or VRIN Model (Valuable, Rare, Imperfectly Imitable and Non substitutability) are the following:
• VALUABLE. They allow new opportunities in the market.
• RARE, UNIQUE OR SCASSES. Company specific and difficult to obtain in the market.
• INIMITABLE. Hard to copy or imitate by competition.
• ORGANIZED. Exploited efficiently by the company and complementary.
Answer:
B) increased nominal GDP from last year, but real GDP was unaffected.
Explanation:
Nominal GDP includes the total production of final and legal goods and services at current prices.
So Harry's Pizzas will increase the nominal GDP ($120,000 ˃ $100,000) but since we do not know the inflation rate, we can not determine how the real GDP was affected.
Answer:
Simple rate of return = 17.7%
Explanation:
Simple rate of return = incremental operating income ÷ initial investment
Depreciation = $468,000 ÷ 6years = $78,000
incremental operating income = $161,000-$78,000 =$83,000
Simple rate of return = $83,000÷$468,000=17.7%
The answer is true as it is a common business for entrepreneurs as a correlation between dollars earned and hours worked.
Answer:
Be confident and make a good impression!
Explanation:
You can make a resume with a cover letter for your future employer. Just use the internet to search it, if you don't have any information in certain areas don't worry. They will usually give you an application to fill out asking for your name, address, and basic information. If you have any questions ask your parents. Be confident and good luck, I am sure you'll get the job!
