Introduction to IB Tutorial 1 exercise questions Questions: 1. What is a firm specific advantage? An unique strength a firm has that distinguishes him from his rivals‚ and creates a competitive advantage. 2. What is Honda’s FSA? Honda has a very wide range of motorized machines‚ its assortment covers a large group of consumers. 3. What basic but important distinction does Verbeke make? Non-location-bound FSAs versus Location bound FSAs. 4. Why are some FSAs location bound? These FSAs
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to economic organisation and the theory of the firm Martin Ricketts (chp. 1-5) …and more… Aida Isabel Tavares Economia da Empresa 1 Quick review about the basics of theory of the firm Firms under the neoclassic view are treated as a production black-box: input → firm → output Fundamental issues about firms: Why do firms exist? How different are firms versus markets? What determines firm’s scope or boundaries? M&As; Spin-offs; Alliances What determines firm’s organizational forms? Corporations
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trust in a digital scholarship environment. The content is related to the accuracy of data‚ the integrity of scholarly research process‚ electronic publications and communications‚ intellectual property rights‚ confidentiality/ privacy and data security. The paper raises the questions such as: in digital scholarships‚ is ethics and legal have been taking into consideration when conducting digital research process? Do people and scholars or education industry put 100% believe in digital information
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A Behavioral Theory of the Firm by Richard M. Cyert and James G. March This book explains the model that the authors created for administrative decision making. The basis for the model the authors created has two main ideas: (1) it includes a comprehensive set of changeable categories; (2) it has a set of relational concepts. The classic model had two basic assumptions. The first assumption is that making money is always the bottom-line and the second is perfect knowledge. The classic theory
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emeraldinsight.com/0951-3574.htm Value‚ profit and risk: accounting and the resource-based view of the firm Steven Toms The York Management School‚ University of York‚ Heslington‚ UK Abstract Purpose – This paper aims to argue that the principal components of the Resource-Based View (RBV) as a theory of sustained competitive advantage are not a sufficient basis for a complete and consistent theory of firm behaviour. Two missing elements are value theory and accountability mechanisms. Design/methodology/approach
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MEDIA MARKETING vs. ONLINE MARKETING vs. DIGITAL MARKETING Recently we see a lot of confusion between terms “social media marketing“‚ “online marketing” and “digital marketing“. The tendency to confuse those terms and use them as synonyms is clearly seen in the job postings. While there are lot of similarities‚ a job titled “Director of Social Media Marketing” (for example) is much less demanding expertise –wise than a job with a title “Director of Digital Marketing“. If we go by the diagram Social
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Consulting Firm Transitional Life Care (TLC) Consulting Firm is the creation of Team B. This paper summarizes the type of consulting firm and the services TLC offers. Each team member’s roles in the firm and her duties and responsibilities are described. In addition‚ a detailed analysis of how the content and concepts from five undergraduate core courses facilitated the analysis‚ development‚ and preparation of TLC Consulting Firm. Mission Statement Transitional Life Care Consultant Firm’s mission
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COLUMNS Your Practice Tools for Digital Age Marketing by Bill Winterberg. CFP® Bill Winterherg‚ CFP®‚ is a technology consultant to financial advisers in Dallas‚ Texas. His comments on technology and financial planning can he viewed on his blog at www.fppad.com. S uccessfully marketing to a liirge audience of prospective clients used to require a budget beyond the reach of most financial planners. Unable to make substantial investments in marketing‚ planners often found
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Research Topic: FDI Impact on Firm Performance Research Question: Impact of Inward FDI on Firm Performance across Sectors: Evidence from Uzbekistan Research Objectives: • Determine the link between inward FDI and performance of domestic companies in Uzbekistan • Distinguish between vertical and horizontal spillover effects of FDI in firm performance • Develop hypothesis and test it to estimate the strength of impact of inward FDI on specified economic variables • Make policy
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The traditional profit maximizing theories of the firm have been criticised for being unrealistic. As a result‚ alternative theories of the firm were introduced (Sloman & Sutcliffe‚ 2001). One of the alternative theories of the firm is Growth maximization. Following are the main motives for the firms to grow: The cost motive: A growth maximising firm can lower its long run average costs by exploiting economies of scale and economies of scope. Economies of scale come into effect when increasing
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