subject
Business, 10.03.2020 22:40 brrodriguez8oz5wvf

One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is that

a. competition among rival companies is so hard to analyze that the only dependable strategy for achieving good company performance is to copy as closely as possible every aspect of the strategy being used by the top-performing company in the industry.
b. after the first few decision rounds (years), it is highly risky and ill-advised for any company in the industry to overhaul its strategy and chart a different strategic course.
c. after 3 or 4 decision rounds (years), it becomes relatively easy to diagnose what strategy a rival company is pursuing and to anticipate what moves that rival is likely to make next.
d. the dynamic, ever-evolving nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve the company's competitiveness vis-a-vis rivals and boost its overall performance.
e. the company that jumps out to be the industry leader early on is very likely going to be the industry leader at the end of the simulation exercise-it is extremely difficult for trailing companies to ever catch up to the early industry leader unless they build at least 15 to 20 million pairs of plant capacity and charge very low prices for both branded and private-label footwear.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:40
Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t
Answers: 3
question
Business, 22.06.2019 08:00
Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.
Answers: 3
question
Business, 22.06.2019 11:50
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
question
Business, 22.06.2019 15:00
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
You know the right answer?
One of the lessons about competing in a globally competitive marketplace that comes from "playing" T...
Questions
question
Mathematics, 14.06.2021 22:50
question
Business, 14.06.2021 22:50
Questions on the website: 13722360