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Mrrafil [7]
3 years ago
14

According to the Porter (1996) article on Strategy, managers are so caught up in the race to make decisions on strategic fit, ma

ny do not understand the need for operational effectiveness.
a. True.
b. False.
Business
1 answer:
DiKsa [7]3 years ago
4 0

Answer:

(b). False

Explanation:

In his article, Michael Porter discussed the co-existence of both strategy and operational effectiveness.

Operational effectiveness as per Porter refers to performing activities which are similar to rivals in a better way and outperforming the rivals.

Strategic fit refers to that strategy with which an organization aligns its resources and capabilities with that of the opportunities prevalent in the business environment.

As per Porter, managers get caught up in a bid to improve operational effectiveness that they overlook the importance of a strategy.

Thus, the given statement is false.

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Countries official reserve assets are mostly composed of A. the​ country's own currency. B. physical goods which can be bartered
Olegator [25]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

The authorized reserves assets of a nation are made mainly from the currencies of other nations.

National reserves contain mainly foreign currency.

These types of reserves used to influenced business and import-export between countries.

These reserves are measure a county's financial condition, it is a symbol of Countries repay loan situation.

6 0
4 years ago
Knowing that global business models are changing, how do you perceive IT systems helping or hindering the change process?
kati45 [8]

Answer:

IT is helping the change process

Explanation:

Information technology has revitalized today's business operations. Business models incorporating IT are fast, cost-friendly, and more responsive to market demand.

As business models endeavor to meet the needs of modern customers, IT is helping the process by offering innovative solutions. Emerging business models are anchored on modern IT.

3 0
3 years ago
How does the availability of consumer credit help to launch new products?
Jobisdone [24]
The availability of consumer credit does not help launch new products, rather,<span>consumer credit may help push new products across the adoption curve faster.</span>
3 0
3 years ago
Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:a. The asset is
Lostsunrise [7]

Answer and Explanation:

d. All of these answer choices are correct.

7 0
4 years ago
Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
STatiana [176]

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

4 0
3 years ago
Read 2 more answers
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