Cost competitiveness Samenvattingen, Aantekeningen en Examens

Strategic Competitiveness - THE CORRECT ANSWER IS Achieved when a firm successfully formulates and implements a value creating strategy Strategy - THE CORRECT ANSWER IS an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive advantage - THE CORRECT ANSWER IS implementation of a strategy that creates superior value for customers and that the competitors are unable to duplicate or find it too costly to tr...

What are reasons that companies expand into foreign markets? - Answer-1. to gain access to new customers 2. to achieve lower costs 3. to gain access to low cost production Companies are often motivated to enter foreign markets to _____. - Answer-take advantage of new resources and capabilities A company may find it easier to operate in one country than in others because of the country's - Answer- 1. advantages for specific value chain activities 2. strong economic conditions 3. favorab...

OMIS 430 Exam 2 SELU Woosley Latest Update Graded A+ Capacity the upper limit or ceiling on the load that an operating unit can handle Capacity needs to include: 1. Equipment 2. Space 3. Employee Skills Strategic Capacity Planning Goal To achieve a match between the long-term supply capabilities of an organization and the predicted level of long-term demand Overcapacity operating costs that are too high (overtime - hire someone new) Undercapacity strained resources and poss...

Baruch College, CUNY - BPL 5100New Glo-Bus Quiz 2. NEW GLO-BUS Quiz 2 Answers Which of the following is NOT an action company co-managers can take to help meet or beat the investor-expected increases in the company's stock price in upcoming years? Making it company practice to issue additional shares of stock each year and use the proceeds to pay down the debt outstanding until the company's debt-equity percentages reach 20% or lower for debt and 80% or more for equity When the company's stoc...

What is Supply Chain Management? - Answer- the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) - Answer- It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: - Answer- requires delivering more value...

MAN 4720 Quiz 1 Latest Update with Verified Solutions Which of the following could be a definition of strategic competitiveness? a. The ability of a firm to outperform its rivals by forming and executing a strategy that creates value for its stakeholders b. A solid company with predictable sales and profitability every year, delivering predictability for its shareholders c. A start-up company with an innovative new product that changes an industry d. The status of a company with th...

COM4807 Organisational Communication Theory ASSIGNMENT 1. ASSIGNMENT 1: INTERACTIVE COMMUNICATION TECHNOLOGIES AND THE ORGANISATIONAL ENVIRONMENT 1. Introduction Success of companies is solemnly reliant in embracing change based on visionary leadership, improved technologies and increased competition. The key characteristic of successful company transitions is a systematic approach to move the organization from the current to the envisioned state. Change is important in organizations as ...

CTD 447 Exam #2 Questions & Answers 2024-25 Protectionism - ANSWERSuse of trade barriers to minimize imports in order to protect domestic industry * consumers bear the cost of trade protection: higher price + limited selection -agriculture, steel, & textile+apparel under relatively high levels of trade protection Free Trade - ANSWERS-the unrestricted exchange of goods among nations -the absence of artificial barriers to the free flow of goods and services What are the purposes of ...

What is Supply Chain Management? : the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) : It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: : requires delivering more value and satisfaction t...

What is Supply Chain Management? - Answer-the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) - Answer-It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: - Answer-requires delivering more value and...