Data Analytics are being used by corporations to understand their customer purchasing patterns. This is an example of which segment of the general environment?
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The root of the 3M innovation process is complex, hard to un…
The root of the 3M innovation process is complex, hard to understand, and difficult to imitate.This is a competitive advantage based on
A firm can achieve differentiation through all the following…
A firm can achieve differentiation through all the following means except
The power of a manager, traditionally, was embedded in the h…
The power of a manager, traditionally, was embedded in the hierarchy of the firm. As organizational structures flatten, this power is repositioned in the ________ of the network. These people are not necessarily at the top of the hierarchy or even experts in their fields.
Many firms have achieved success by integrating activities t…
Many firms have achieved success by integrating activities throughout the extended value chain by using ________ to link their own value chain with the value chains of their customers and suppliers.
According to the text, intellectual capital is the differenc…
According to the text, intellectual capital is the difference between the market value and the book value of a firm. Intellectual capital can be increased by
Heightened concern with fitness might be a threat to some co…
Heightened concern with fitness might be a threat to some companies and an opportunity to others. In the SWOT framework, these are ________ environmental factors.
Which of the following is not a potential pitfall of a diffe…
Which of the following is not a potential pitfall of a differentiation strategy?
If employees are committed to the core ________ and ________…
If employees are committed to the core ________ and ________ of the organization, they are less likely to leave for the competition.
In a given market, key technology no longer has patent prote…
In a given market, key technology no longer has patent protection, experience is not an advantage, and there is a growing need to compete on price. What stage of its life cycle is the market in?