The fact that Coca-Cola is superior to its competitors in its distribution of products is an example of distinctive competency. Coca Cola as a company has practices, technical skills, technologies and resources that increase its competitiveness with comparison to other companies. Distinctive competencies are the competencies that differentiates the brand from competitors.
Answer:
(A) Transnational organization model.
Explanation:
If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will set lower price in the market that is more price elastic.
Under price discrimination, a monopolist charges different prices in different sub-markets. Thus, a monopolist divides the market into sub-markets based on their price elasticity of demand.
So, if there are two identifiable markets, where the customer would want to buy from you, these markets will differ with respect to their price elasticity of demand and here resale is impossible.
Hence, a firm with market power will set lower price in the market that is more price elastic.
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Answer:
Legacy System.
Explanation:
Legacy system is a current or existing system that will become the base for upgrading or integrating with a new system. Legacy system is computing software which is mostly outdated but it is still in use.
Answer:
Independent, venture-capital-based start-ups by entrepreneurs tend to outperform corporate start-ups significantly.
Explanation:
The reason is that start-ups that are venture capital based outform because the investors who offer venture capital believes that the product offering of the start-up business will have higher growth and that the demand of the product is high enough to meet the demand of the customers. Such start-ups are mostly focused on people's problems solutions. Thats the reason why independent venture capital based start-ups show increase in revenues and significant growth.
