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babunello [35]
3 years ago
13

Richard is the owner of a very popular burger joint in his locality. He knows that his burger joint's location and excellent cus

tomer service give him a competitive advantage over other burger joints. He is conducting a research to understand if there are other burger joints that provide the same sort of services that his joint does. He also intends to know if his competitors have the financial means to do so and if they seem to care about what his joint offers. In the context of the components of resource-based analysis, Richard is trying to understand if his product or service is _____.
Business
1 answer:
Sergio039 [100]3 years ago
4 0

Answer:

Richard is trying to understand if his product or service is substitutable.

Explanation:

According to the resource based theory, businesses gain competitive advantages over other businesses in the industry based on the strength of their resources.

For competitive advantage to be sustainable however, such resources must be rare, and not easily imitated or substituted.

Richard is carrying out research on his competitors to find out what they have to offer, to know if his product can be easily substituted or replaced.

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at midnight

Explanation:

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What are two good interview questions?<br> PLZ help!!
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What experience do you have in this field of work?

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3 years ago
In the past, the policy-making relationship between states and the federal government was called ______, since there was clear s
jeka94

In the past, the policy-making relationship between states and the federal government was called Dual federalism, since there was a clear separation of policy responsibility between the two levels.

Dual federalism, also known as hierarchical federalism or shared sovereignty, is a political arrangement in which powers are clearly divided between federal and state governments, with state governments exercising delegated powers without federal interference. .

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7 0
1 year ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

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7 0
2 years ago
Question 7. The corporate charter of Gagne Corporation allows the issuance of a maximum of 100,000 shares of common stock. Durin
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Answer:

Share Authorized = 100,000 Shares  

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Share outstanding = 66,000 shares

Explanation:

Data provided in the question:

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Number of shares Gagne sold to shareholders =  70,000

Number of shares reacquired by Gagne = 4,000

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3 years ago
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