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Elan Coil [88]
3 years ago
7

Although True Ion Inc. and One Electro Inc. operate in the same consumer electronic industry, True Ion Inc. has better sales and

brand equity. This is attributed to True Ion Inc.'s commitment to innovation. The company has adequate financial and human capital to invest in research and development, an area in which One Electro Inc. lacks. In this scenario, which of the following critical assumptions of the resource-based view of a firm has been illustrated?
A. resource equality
B. resource heterogeneity
C. resource mobility
D. resource maturity
Business
1 answer:
Readme [11.4K]3 years ago
7 0

Answer:

The correct answer is B. resource heterogeneity .

Explanation:

The consideration of the internal sphere as the most relevant aspect of the theory addresses a series of particularities, assumptions of departure, established by the authors who address this approach. Basically they can be reduced to three: Trust, limited rationality and the heterogeneity of resources and capabilities of each company.

Trust is assumed as a starting assumption as it can act as a guide to conduct by facilitating transactions and exchanges, such as those derived from cooperation agreements. The opportunistic approach is not rejected but it is stressed that trust can act as guarantor of economic transactions.

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Answer: c. competitor imitation

Explanation:

When a company makes a good product that people like and therefore brings in profit, other companies will copy that product if it is not protected by law so that they too can make profit as well.

This is what happened to the Crocs' clogs. Other companies imitated them and so Crocs lost their competitive advantage. This led to prices falling for such footwear as the supply increased. It is for this reason that companies try to get patents when they make a product.

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Cyclical unemployment is BEST described as unemployment arising from A) the elimination of jobs as a result of technological cha
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Answer:

B) the temporary reduction of jobs during a downturn in the business cycle

Explanation:

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I hope my answer helps you

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3 years ago
In the water and rocks analogy for JIT:
maks197457 [2]

Answer:

B) water represents inventory.

Explanation:

The Water and Rocks analogy can be regarded as an analogy that display a ship. The ship here symbolize a company/firm which is floating on water. The water is regarded as inventory. In a case whereby by the water level get down, the ship will hit the rock on the ground. So this analogy can allow to let defective material known. It should be noted that In the water and rocks analogy for JIT, water represents inventory.

3 0
3 years ago
The financial markets are a relatively new technological development created in the last 50 years.
Thepotemich [5.8K]

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

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