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Mumz [18]
3 years ago
15

In situations where rivals can readily copy the successful features of a company's strategy or duplicate its attempts to attract

customers, the only dependable path to competitive advantage is for a company to staff the company's organization with smarter and more talented people. outexecute rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities at lower cost than rivals or with greater effectiveness than rivals (thereby gaining the ability to deliver more value to customers via either a lower price or a more appealing product). do a better job of training, empowering, motivating, and compensating employees than rivals. perform value chain activities quicker or faster than rivals can. outsource more value chain activities than rivals do and thereby achieve lower operating costs.
Business
1 answer:
scZoUnD [109]3 years ago
7 0

<u>Answer:</u>

<u>outexecute rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities at a lower cost than rivals or with greater effectiveness than rivals (thereby gaining the ability to deliver more value to customers via either a lower price or a more appealing product).</u>

Explanation:

We note here that the company's rivals can readily copy the successful features of the company's strategy or duplicate its attempts to attract customers, therefore, the company has leverage if builds strenght its on<u> certain important value chain activities at a lower cost than rivals or with greater effectiveness than rivals.</u>

For example, a company's product may be cheaper because of its reduced value chain cost than that of its competitors. Going by the normal law of demand, the lower the price the higher the demand for such a company's products.

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Cynthia always buys whichever brand of paper towels is on sale, even if it is not the highest quality towel. her paper towel buy
Ann [662]

Single feature model

In this case, the single feature that Cynthia cares about is price. The single feature model works well for simple decisions, but most purchases require more thought. For example, buying a house based solely on price would be a terrible idea because it might be in a bad neighborhood or terrible condition.

6 0
3 years ago
A person is overweight (350 pounds) and desires to lose 10% of his body weight over 6 months. what is the total kcalorie intake
snow_tiger [21]

Total caloric restriction over 6 moths:

10%*350 pounds = 35 pounds.

35 pounds * 3,500 calories per pound = 122,500 total calories.

------------------------------------

If weigh loss period is 27 weeks, divide by total number of weeks:

122,500 calories/ 27 weeks = 4537 calories per week

and by number of days (27 weeks= 189 days)

122,500/189 = 648 calories per day

5 0
3 years ago
Colley Company uses the allowance method for bad debts and has the following information before the year end adjusting entry: Ac
Leona [35]

Answer:

If the company used the percentage of sale method and estimates bad debts to be 2% of sales what is the amount of bad debt expense:

  • D) 15,500

If the company uses the percentage of accounts receivable method and estimates 4% of accounts receivable will be uncollectible

  • A) 4,300

Explanation:

  • The percentage of sale method  

                  800,000  2%  16,000  

Initial Balance  

Accounts Receivable $ 120,000  

Allowance for Uncollectible Accounts  $ 500

Allowance for Uncollectible Accounts $ 15,500  

Accounts Receivable  $ 15,500

  • Accounts Receivable Method  4%  4,800  

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Allowance for Uncollectible Accounts  $ 4,300

8 0
3 years ago
Compare transnet with a perfect competitor in terms of price and output and profit
Sergeu [11.5K]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
6 0
3 years ago
Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only selec
Assoli18 [71]

Answer:

d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.

Explanation:

It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.

7 0
3 years ago
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