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Lerok [7]
3 years ago
8

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the f

irm's strategic position as either low-cost leader or differentiator. create a static fit between the company's internal resources and the external environment. reduce the causal ambiguity and the social complexity of the firm's source of success. reduce the immobility and the heterogeneity of the firm's resources.
Business
1 answer:
Fiesta28 [93]3 years ago
8 0

Answer:

Contribute to the firm's strategic position as either low-cost leader or differentiator.

Explanation:

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to contribute to the firm's strategic position as either low-cost leader or differentiator. In order to achieve a sustainable competitive advantage, a firm must either perform its activities in a different way or it should perform totally different activities as compared to their competitors. This is the basic essence and logic behind getting a sustainable competitive advantage. In order to do it, a firm must perform each activity which should contribute to the firm's position in making it either a cost effective producer of the products or making entirely different products. In this way, by either becoming cost-effective leader or differentiator in the market, a firm must gain very strong strategic position in gaining sustainable competitive advantage which will be very hard for the competitors to compete with.

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According to the model of mass-mediated communication, which of the following statements is not true?
Maslowich

Answer:

The correct answer is D. All of these.

Explanation:

Mass media are the media received simultaneously by a large audience. Mass communication is the name that receives the interaction between a single broadcaster (or communicator) and a massive receiver (or audience), a large group of people who simultaneously meet three conditions: being large, being heterogeneous and being anonymous. The mass media are only instruments of mass communication and not the communicative act itself.

3 0
3 years ago
What roles do campaign managers, pollsters, media consultants, and volunteers play?
belka [17]
<span>Components of successful political campaign - 1) Right political environment and its analysis 2) Targeting the right segments 3) Right Campaign messages like development, overall strategy 4) Grassroots plan 5) Right Budget spending plan Political campaigns are organized putting together a dedicated team of volunteers, politicians and managers who will oversee and manage the campaign. The next step is to frame the entire campaign, including the pitches, messages etc. Then organize a campaign at a venue. A candidate must devise a campaign plan right in the beginning when he is planning to campaign and the time for campaign has come near. The candidate needs to make sure that the campaign runs for a good amount of time for the most number of people to know about it. Managers - Oversee the daily operations of the campaign pollsters - Generally from media who organizes opinion polls media consultants - Media consultants are consultants who work the political party to help them get maximum media coverage Volunteers - Volunteers are people who see potential and belief in the cause of the party and volunteer to work for them</span>
4 0
3 years ago
Which one of the following is an unintended result of the Sarbanes-Oxley Act? Multiple Choice More detailed and accurate financi
Evgesh-ka [11]

Answer:

Increased responsibility for corporate officers

Explanation:

A review of eight thousand public companies, on the study of the impact of the Sarbanes-Oxley Act (SOX) of 2002 revealed that <u>SOX increased directors' workload and risk, and increased demand by mandating that firms have more outside directors. </u>

It was also revealed that both broad-based changes and cross-sectional changes (by firm size) occurred <u>because Board committees meet more often post-SOX</u> and Director and Officer insurance premiums have doubled.

6 0
3 years ago
A person who, for compensation and on behalf of another person, can transact insurance with, but not on behalf of an insurance c
Marat540 [252]

Answer: Insurance broker

Explanation:

An insurance broker is an individual/organization that is hired by their client to help them buy the best insurance coverage available, from an insurance company.

The insurance broker also has the function of giving their clients insurance advice and also negotiating terms of insurance on behalf of their clients with the insurance company.

3 0
3 years ago
a. If the value of land in an area is increasing 10.5 percent a year, how long will it take for property values to double? (Roun
wariber [46]

Answer:

6.7 years

Explanation:

This question can be answered using Rule 70. It is a rule that it used to estimate how long it takes for an investment to double in value. In this case, the investment is land and the rate is 10.5%.

Formula for rule 70;

Time it takes for value to double = 70/rate

Time it takes for value to double = 70/10.5

Time = 6.6666

To the nearest 1 decimal place, it would take 6.7 years

3 0
3 years ago
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