Answer:
a. VRIN test, which asks if a resource is valuable, rare, inimitable, and non-substitutable.
Explanation:
Applying Barney's (1991) VRIN framework can determine if a resource is a source of competitive power. To serve as a basis for sustainable competitive advantage, resources must be:
valuable: meaning that they must be a source of greater value, in terms of relative costs and benefits, than similar resources in competing firms. When resources are able to bring value to the firm they can be a source of competitive power.
rare: rareness implies that the resource must be rare in the sense that it is scarce relative to demand for its use or what it produces. Resources have to deliver a unique strategy to provide a competitive advantage to the firm as compared to the competing firms. Consider the case where a resource is valuable but it exists in the competitor firms as well. Such a resource is not rare to provide competitive power.
inimitable: it is difficult to imitate. Resources can be sources of sustained competitive power if competing firms cannot obtain them. Consider the case where a resource is valuable and rare but the competing organizations can copy them easily. Such resources also cannot be sources of competitive power.
non-substitutable: other different types of resources cannot be functional substitutes. Resources should not be able to be replaced by any other strategically equivalent valuable resources. If two resources can be utilized separately to implement the same strategy then they are strategically equivalent. Such resources are substitutable and so are not sources of sustained competitive power.
The criteria of the VRIN Framework clearly rules out best practices as a source of competitive advantage. If other firms can easily understand and copy a capability, it is not a source of competitive power.
Answer:
Option (A) is correct.
Explanation:
Given that,
After-tax IRR on total investment in the property = 9.0%
Before-tax IRR on equity invested = 17%
Before-tax IRR on total investment in the property = 12%
t: Marginal tax rate = 0.40
Break Even Interest rate (neither favorable nor unfavorable):
= After tax IRR on total investment ÷ (1 - Tax rate )
= 9% ÷ (1 - 0.40)
= 9% ÷ 0.60
= 15%
Answer:
U.S. dollars = 14.012 U.S. dollars
Explanation:
Below is the exchange rate:
0.92777 Canadian dollars = 1 U.S dollars
Thus to find the amount of U.S. dollars bought from the 13 Canadian dollars, just divide the 13 Canadian dollars from 0.92777. Therefore the resulting answer will be the U.S. dollars.
U.S. dollars = 13 / 0.92777
U.S. dollars = 14.012 U.S. dollars
Answer:
C. all goods and services that are in demand
Explanation:
Macroeconomics, as a branch of economics, is concerned with the performance of the economy as a whole. Macroeconomics studies the key economic indicators such as unemployment rate, growth rate, aggregate demand, inflation, and price levels. The government uses data form macroeconomic analysis to formulate policies and strategies for the country.
While microeconomics will be concerned with the income and expenditures of individuals and households, Macroeconomic will consider the consumption and revenues of the entire population. Microeconomics studies the demand for a single product. Macroeconomics focuses on the aggregate demand for products and services in a country, which is more like the GDP.
There is 24 hours in a
day and you need to rest for 10 hours a day, so working hours = 14 hours
There is 60 minutes in
one hour so if you count one dollar per sec,
14 hours/day x 60 min/hr
x 60sec/min x $1 / sec = $50,400
So you can count $50,400/day
and when there is $5 billion which is equal to = $5,000,000,000
And there is 365 days in
a year so,
<span>$5,000,000,000 / ($50,400/day)
= 99206.35 / 365 = 271.8 years</span>
