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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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Follow me for more points!​
bogdanovich [222]

Answer: ight bro thx and have a awesome day ;)

8 0
3 years ago
Identify the leadership style that Jack should apply in each statement below.​
icang [17]

Answer:

1.3.1 Charismatic leadership style

1.3.2 Transactional leadership style

1.3.3 Democratic leadership style

1.3.4 Laissez-faire leadership style

1.3.5 Autocratic leadership style

8 0
3 years ago
Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new st
IceJOKER [234]

Answer:

Project Size IRR

A $650,000 14.0%

B 1,050,000 13.5

C 1,000,000 11.2

D 1,200,000 11.0

Explanation:

Based on the information given the set of projects that should be accepted should be the project that has higher Internal rate of return (IRR) than the Weighted average cost of capital (WACC) percentage of 10.8% . Hence, the set of projects that should be accepted are: Project A,B,C,D

Project Size IRR

A $650,000 14.0%

B 1,050,000 13.5

C 1,000,000 11.2

D 1,200,000 11.0

Total $3,900,000

Based on the above we can see that Project A,B,C,D has a total of $3,900,000 which is higher than the retained earnings amount of $2,500,000.

Therefore the set of projects that should be accepted should be Project A,B,C,D

6 0
3 years ago
Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
Brrunno [24]

Answer:

It will purchase 3 cans

total consumer surplus    0.70

Explanation:

the market price is 0.55

It will purchase up to three cans. the fourth can he is willing to purchase at 0.40 but the price is 0.55 so it won't trade for that one.

<u>consumer surplus:</u>

difference between the amounts he was willing to pay for each unit and the market price:

first can        0.95 - 0.55 = 0.40

second can 0.80 - 0.55 = 0.25

third can      0.60 - 0.55 = 0.05

total consumer surplus    0.70

5 0
3 years ago
Game theory is necessary to understand which kinds of markets? (i) perfectly competitive (ii) monopolistically competitive (iii)
Karo-lina-s [1.5K]
Competitive markets is the answer
3 0
3 years ago
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