Blog

Vermilion Inc., a manufacturer of high-technology medical devices, has its product development centers located in the United States and South Korea. The manufacturing units are located in China and the Philippines to benefit from low-labor costs and access to original equipment manufacturers. This allows the company to competitively price its devices. Also, the various phone models sold by the company are uniform in all the foreign markets it operates in. In this scenario, which of the following strategies does Vermilion most likely pursue?

Which of following practices of a firm satisfies its ethical responsibilities?

Which of the following provides an example of how a firm’s valuable resource can be imitated?

General Electric (GE) disrupted itself in the healthcare industry by

Why did Quaker Oats Company’s acquisition of Snapple fail?

As the legal owners, ________ have the most legitimate claim on a company’s profits.

The top management at Sunshine Vitamins, through rigorous testing, ensures that the company develops and sells vitamins that are free of harmful side effects. Also, the company ensures that the chemical waste generated in the manufacturing process is kept to a bare minimum and is disposed of according to the regulations of the Environmental Protection Agency. The management assesses its overall performance based on these dimensions. Thus, the managers at Sunshine Vitamins are applying the ________ approach to measure firm performance.

Which of the following real-world scenarios best exemplifies the use of organizational culture to build competitive advantage?

Which of the following is the most accurately worded statement about evolution of a trait?

During an AFI planning session, the managers of the Fukuhara Motorcycle Corporation decided to place various stages of production in different countries in order to implement the strategy of cutting overhead costs. By doing this, what issue did the firm address?