Vrio framework Study guides, Study notes & Summaries

THE DOCUMENT CONTAINS A FRAMEWORK THAT ALLOWS STUDENTS TO START THEIR OWN REPORT 2.

Test Bank for Global Business 5e 5th Edition by Mike Peng. ISBN-13: 6403 Full Chapters test bank included Chapter 1: Introduction 1-1 International Business and Global Business 1-2 Why Study Global Business? 1-3 A Unified Framework 1-4 Globalization and Semiglobalization 1-5 Global Business and Globalization at a Crossroads 1-6 Debates and Extensions 1-7 Implications for Action: The Future of Global Business in a Less Global World 1-8 Structure of the Book and the Discipline Chap...

Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? - Correct answerProtectionism Which factors predict the degree of rivalry between a pair of competitors? 2 choices - Correct answer-Market commonality and Cost structure Which factors predicts how local firms in emerging economics will respond to multinational competitors? Competitive assets and industry pressures to globalize - Correct answer-Market...

BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission r...

IBS Exam 2 Questions & Answers 2024/2025 Small and medium-sized enterprises (SMEs) - ANSWERSFirms with less than 500 employees. Industry-based considerations: Porter's 5 forces framework - ANSWERS1) Interfirm rivalry 2) Entry barriers 3) Bargaining power of suppliers 4) Bargaining power of buyers 5) Threats of substitute products have a bearing on entrepreneurship. Resource-Based considerations: VRIO framework - ANSWERS1) Value - you want resources that add value 2) Rarity - you...

Which two phrases represent the views of globalization? Choose two answers. - -- A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - -- Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - -Increases domestic production of the product. Which benefits come to the host country as a result of foreign direct investment? - -- Creation of domestic...

Ryanair – the low-fares Airlines Case Study. Is Ryanair's strategy sustainable? Yes, Ryanair’s strategy is sustainable because it’s core competencies of ‘Low Price’, ‘Cost conscious culture’ and ‘R&D on aircraft design’ (A5) gives it competitive advantage.  Low Price Ryanair’s strategy is based upon this core competency. Strategies based upon core competencies are usually successful as articulated by Prahalad and Hamel in their article on core competencies [4] . ...

MBA 705 CH 8&9 Graded A+ Capital-Labor Substitution ️An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve ️The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies ️The strategies pursued by each functional area of ...

Core Competencies embedded strengths enabling value-creation Capabilities strategically orchestrating diverse resources Resources assets leveraged for strategy/ formulation Looking Inside the Firm for Core Competencies Competitive advantage derives from core competencies, which enable: 1. Differentiation of products/services creating perceived value, or 2. Cost leadership - offering products/services of comparable value at lower cost (Diagram) Looking Inside the...

MBA 705 CH 8&9 Questions and Answers Capital-Labor Substitution - Correct Answer ️️ -An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve - Correct Answer ️️ -The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies - ...