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LUCKY_DIMON [66]
4 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:
muminat4 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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The exchange gain or loss on repatriated funds from a foreign branch is calculated by multiplying the nominal amount of the fund
Verizon [17]

Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

Explanation:

Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.

It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.

6 0
3 years ago
Many organizations are moving away from ______ because too much of it can lead to bored employees with narrow skill sets.
konstantin123 [22]

Many organizations are moving away from <u>Specialization </u>because too much of it can lead to bored employees with narrow skill sets.

Specialization refers to individuals and groups focusing on the restricted variety of manufacturing responsibilities they perform great. This specialization requires employees to give up performing other responsibilities at which they're not as professional, leaving those jobs to others who are higher appropriate for them.

The system of focusing one's occupational attention on a specific location of understanding. An increase in process specialization among employees can make them much less bendy because it has a tendency to lessen their capability to carry out other sorts of work inside the enterprise that fall outdoor their specific specialty. +3 -2.

An organizational structure defines how activity duties are formally divided, grouped, and coordinated. The shape of an organization normally features six exclusive factors: work specialization.

Learn more about the organization here: brainly.com/question/24448358

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8 0
2 years ago
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental sub
VARVARA [1.3K]

Answer:

Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.

Explanation:

Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.

4 0
3 years ago
HELP!!!
Studentka2010 [4]

Answer:

sorry idk

Explanation:

im stuped lol

6 0
3 years ago
Each year, you must file ____________________.
ikadub [295]

According to the Internal Revenue Services and the tax code, each year, you must file "<u>your </u><u>federal taxes </u><u>and </u><u>state taxes</u><u> if your state requires it</u>"

Individuals are required to pay taxes to the federal government and the state government.

There are various types of taxes available, some of which include the following:

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All these taxes are paid to the federal government and state if they require it.

Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."

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3 0
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