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Olenka [21]
3 years ago
12

A resource-based strategy:

Business
1 answer:
vazorg [7]3 years ago
5 0

Answer:

b. uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.

Explanation:

Resources refers to competitive and valuable assets, organizational processes, capabilities, information, attributes, and knowledge that are acquired, owned and controlled by an organization. These resources are classified into two (2) main categories;

1. Tangible resources: these are physical assets such as equipments, financial assets, plants, raw materials, inventory etc that are owned and controlled by an organization.

2. Intangible resources: these are assets that are abstract in nature such as knowledge, customer loyalty, skills, experience, stakeholders, patent, culture, buyer recognition etc.

Hence, a resource-based strategy uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. This ultimately implies that, resource-based strategy avails a company the ability or opportunity to use their tangible and intangible assets to provide finished goods and services to meet the needs or wants of customers, as well as creating a competitive advantage over rivals in the same industry.

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Which of the following is an example of specialization?(APEX)
sasho [114]

Answer:

B. Pediatrics

Explanation:

Specialization means focusing on one or a few areas of study, work, or production. A business or an individual concrete on the field where they have a comparative advantage. Specialization increases efficiency as the individual become experts in a particular area. As experts, their productivity increase as they use few resources to achieve a high standard of performance.

Pediatric is a specialized branch of medicine that caters to children. A pediatrician is an expert doctor focusing on treating children, which is specialization.  A hospital, a general practitioner, and an organization are broad terms that don't point a specific line of activity.

4 0
3 years ago
Read 2 more answers
Which of the following statements is/are true? I: Both Stock and Mutual insurance companies pay dividends, Stock companies to th
ELEN [110]

Answer:

II: Insurance marketing systems include; General Agencies, Branch offices managed by employees of the company, and Personal; Producing General Agents (PPGA's).

Explanation:

Every insurance company has branch offices that operate on different regional levels that are managed and operated by employees.

General agencies are responsible for receiving insurance applications and negotiating and negotiating contracts on behalf of the insurance company.

Producing general agents (PPGA's) is a type of insurance agent that usually provides services to more than one insurance company and whose main duty is to sell as many policies as they can.

4 0
3 years ago
In August 2019, U.S. corn futures hit a three-month low after China said it would impose additional tariffs on U.S. grain produc
const2013 [10]

Answer:

Option C (The convenience.............downwards) is the correct choice.

Explanation:

  • Throughout this circumstance, the convenient yield would maintain the very same, although the curve amount or rate will change downwards since it is a transient trading strategy, but perhaps the effects will be negative and then it will proceed to something like a downward shift throughout the convenience curve.
  • The yielding of convenience might maintain the same because, but perhaps the curve degree may change downwards.

All other decisions are not linked to the circumstance issued. So, the alternative here is the right one.

7 0
3 years ago
Computing and analyzing acid-test and current ratios
uysha [10]

Answer:

Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

Explanation:

Attach is the table of given cases

Acid test ratio= \frac{cash+Short\ term\ investments+ Current\ receivables }{Current\ liabilities}

Now, solving for acid test ratio.

<u>Case x</u>

⇒ Acid test ratio= \frac{1800+0+150}{2000}

⇒ Acid test ratio= \frac{1950}{2000}

∴ Acid test ratio= 0.975 \approx 0.98

<u>Case y</u>

⇒ Acid test ratio= \frac{120+0+400}{1210}

⇒ Acid test ratio= \frac{520}{1210}

∴ Acid test ratio= 0.429 \approx 0.43<u></u>

<u>Case Z</u>

⇒ Acid test ratio= \frac{1000+400+400}{3000}

⇒ Acid test ratio= \frac{1800}{3000}

∴ Acid test ratio= 0.60

Next solving for current ratio.

We know, current ratio= \frac{Current\ assets}{Current\ liability}

<u>Case x</u>

⇒ current ratio= \frac{4050}{2000}

∴ current ratio= 2.025 \approx 2.03

<u>Case y</u>

⇒ current ratio= \frac{2820}{1210}

∴ current ratio= 2.33

<u>Case Z</u>

⇒ current ratio= \frac{5200}{3000}

∴ current ratio= 1.73

Hence, Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

7 0
3 years ago
In which type of operations are you likely to see, at most, only minor variations in the product or service being produced using
Darya [45]

Answer:

C. repetitive production

Explanation:

Based on the information provided within the question it can be said that only in Repetitive Production will you see at most minor variations implemented. This is because this type of operations uses various machines in a pre-set process to make the product, a small change in the product specifications would require ALL of the equipment to be replaced, rearranged, or modified just to be able to implement the changes to the product. This many times costs more money than what the change will generate.

3 0
3 years ago
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