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LUCKY_DIMON [66]
3 years ago
6

Otion Inc. is a relatively new firm in the consumer electronics industry. The company's primary objective is to become the marke

t leader in less than 5 years, for which it has to gain and sustain a competitive advantage. In the context of the VRIO framework, which of the following resources should Otion Inc. primarily focus on to achieve its objective?
A) Inexpensive unskilled labor that is easily accessible by all companies
B) Component parts that are sourced from competitors' suppliers
C) Internal production systems that could reduce costs by 30 percent below the current industry standards
D) Quality standards, which are common and mandatory throughout the industry
Business
1 answer:
muminat3 years ago
7 0

Answer:

C) Internal production systems that could reduce costs by 30 percent below the current industry standards

Explanation:

VRIO can be defined as the tool used to analyze a firm’s <u>internal resources and capabilities</u> in relation to them being a source of sustained competitive advantage. It purports that organisations have to look inwards for development of competitive advantage.

VRIO is an acronym for a the four qualities that must be possessed if internal competencies must produce competitive advantage:  Value, Rarity, Imitability, and Organization.

Hence in the case of Otion Inc, the right resolve and direction is its <u>internal</u> production systems being able to reduce costs by 30% below industry standards.

The key word is internal.

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Vaselesa [24]

Answer:

No

Explanation:

"It would be wrong to intentionally weaken our products with a government-ordered backdoor."

one reason being that if passcodes could be input electronically, iPhones would become easier to unlock via "brute force."

The government would be able to destroy the amazing privacy policy apple has

6 0
3 years ago
Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statement
ki77a [65]

Answer:

Explanation:

(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,

b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.

However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.

(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.  

(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.

 

8 0
3 years ago
If opportunity cost were to suddenly increase, total cost would a) decrease and net benefit would increase. b) decrease and net
Allushta [10]

Answer:

The correct answer is option d.

Explanation:

The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.

An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.

4 0
3 years ago
Problem 15-10 The term structure for zero-coupon bonds is currently: Maturity (Years) YTM (%) 1 4.1 % 2 5.1 3 6.1 Next year at t
lutik1710 [3]

Answer:

Explanation:

a.) What do you expect the rate of return to be over the coming year on a 3-year zero-coupon bond? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Expect the rate of return to be over the coming year on a 3-year zero-coupon bond = 6.1%

b) Under the expectations theory, what yields to maturity does the market expect to observe on 1- and 2-year zeros at the end of the year?(Round your answers to 2 decimal places. Omit the "%" sign in your response

Yields to maturity does the market expect to observe on 1-year at the end of the year = (1+5.1%)^2/(1+4.1%) - 1  = 6.11%

Yields to maturity does the market expect to observe on 1-year at the end of the year = 6.11%

Yields to maturity does the market expect to observe on 2-year at the end of the year = ((1+6.1%)^3/(1+4.1%))^(1/2) - 1

= 7.11%

Yields to maturity does the market expect to observe on 2-year at the end of the year = 7.11%

2b) Is the market's expectation of the return on the 3-year bond greater or less than yours?

Greater

3 0
3 years ago
From the perspective of an employee, the effective channeling of work-related information and concerns:
lubasha [3.4K]

Answer:

Option C is correct because the employees is only authorized to consult his supervisor regarding the resolving issues that the employees are facing in the workplace. The employees are not authorized to consult top management or passing the work related concerns informally to fellow employees or directly conveying the issue to the function involved.

4 0
3 years ago
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