Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.
Isolation mechanisms:
A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.
A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.
If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.
A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.
Learn more about Isolation mechanisms here:
brainly.com/question/15095207
#SPJ4
Answer:
C.Accounting Identity is: Assets equivalentLiabilities + Owners' Equity.
Explanation:
In accounting identity all variables must balance, if they do not balance according to the equation then there must be an error in formulation, measurement or calculation.
The basic assumption in accounting identity is that the balance sheet must balance. That is assets must be equal to a sum of liabilities and owner's equity.
Asset= Liabilities+ Owners Equity.
This relationship is based on the convention of double entry, for every debit there is an equal credit.
Answer:
The correct answer is: scope.
Explanation:
Earned Value Management (<em>EVM</em>) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are <em>scope, time, </em>and <em>cost information</em>. The scoping process implies a Work Breakdown Structure (<em>WBS</em>) where the initial plan is broken into micro levels for better analysis.
Answer:
the arrangement or relationship of positions within an organization.
Explanation:
The organizational structure corresponds to the arrangement or relationship of positions within an organization, that is, the structure refers to the company's structure by department, position and function, which makes up the organizational hierarchy.
The structure is not fixed, it can be changeable according to the objectives and goals of a company, but to change it it is necessary to share the vision with the stakeholders and analyze the change, since the organizational structure also establishes the culture and the form of relationship within a company.
In the centralized structure, decision-making occurs hierarchically from the highest to the lowest positions, whereas in the decentralized structure, the lower hierarchical levels also participate in the decision-making process, requiring the alignment of the organizational structure with the values and objectives of the company.
Answer:
fill that overlooked role
Explanation:
In a scenario such as this one, the most appropriate action would be to fill that overlooked role. During a resuscitation, every second counts and all the members of a team are trained to handle these situations, therefore if a role has been overlooked by the team leader the other members need to fill that role as quickly as possible as long as they are not currently occupied with another role. Doing so will save time and potentially a life.
