Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
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Chapter 3 Questions 1. How would you respond when someone makes a decision that adversely affects you while saying “it’s nothing personal it’s just business”? Is business impersonal? If it was in a company situation I would raise with the company management or human resources. If it was outside in society‚ I would address the management of the company‚ raise to consumer affairs or use social media to raise awareness. Business is personal. Businesses goals are not just to generate profits‚ and to
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MULTIPLE CHOICE 1. What is the least accurate statement about oral presentations? a. Only employees at upper levels find it necessary give persuasive oral presentations. b. Many future business people don’t take opportunities in college to develop speaking skills. c. A recent study shows that the No. 1 predictor of success and upward mobility is how much you enjoy public speaking and how effective you are at it. d. Speaking skills are useful at every career stage. 2. What is the most important
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Pickton (2010)‚ what did you find most interesting about services marketing and why? Answer：In this chapter‚ the most interesting about services marketing is the growth of the service economy. In numerous countries‚ increased productivity and automation in agriculture and industry‚ combined with growing demand for both new and traditional services‚ have jointly resulted in a continuing increase over time in the percentage of the labor force that is employed in service. In recent years‚ the development
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1. “If an investment does not fit with an organization’s strategic plan‚ it is probably not a good idea‚ even if the net present value is positive.” Under what conditions would this be a true statement? When would it be false? The statement is generally true. Investments should be made that are consistent with the company’s strategy. Sometimes a deal comes along that is too good to pass up. In such a case‚ a company might depart from its strategic plan (or revise the plan to accommodate the
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Neriff Jay E. Baraquia Email Address: neriff_21@yahoo.com Address: Zone 3 Brgy. Baldoza‚ La Paz‚ Iloilo City Contact No: +639307125263 Educational Background Degree Obtained : Bachelor in Journalism West Visayas State University College 2009 to 2013 College of Mass Communications La Paz‚ Iloilo City‚ Philippines AlpaCrest Academy Incorporated Secondary 2006 to 2009 La Paz‚ Iloilo City Iloilo National
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Case: Fisher-Price Toys‚ Inc. 1. Basic information 1) 2) Company: Fisher-Price Toys‚ Inc. (Industry: Child toys) Business dilemma: a rash marketing decision has to be made on carrying out whether a new quality product (product name: ATV Explorer) at exceptional high price or a new less-quality product at moderate price 2. Business dilemma 1) Key problem: (1) price-point: Cost for a projected toy can’t be made within budget‚ resulting in a much higher price ($18.5) than planned. High price disobeys the
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Case 4: MAGREC‚ Inc. 1.) Place yourself in the role of the manager. What should you do now? After considering what happened‚ would you change any of your behaviors? If I was Pat: Even though Fred wants me to fire Dinah‚ I believe that if I was to fire her‚ Dinah would file a lawsuit for wrongful discharge. My values and morals should not be the deciding factor in determining if Dinah’s actions are grounds for dismal. As such‚ I would meet with Fred‚ and explain to him the result
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This hazard can cause a lot of harm depending upon what type of infection is being spread‚ as something such as MRSA would need but there are procedures put into place that control the spread of infections such as contamination units and wards within the hospitals. This type of hazard could affect both
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Question 1 Needs Grading An organism with a mutation that is no longer able to make a particular nutrient for itself is known as a(n) _________________. Selected Answer: [None Given] Correct Answer: auxotroph Question 2 Needs Grading An organism that has a mutation is called a(n)______________. Selected Answer: [None Given] Correct Answer: mutant Question 3 1 out of 1 points Which of the following causes
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