A company's strategy is likely to succeed if: Group of answer choices it has the innovative capabilities to bypass certain value chain activities of rivals. it has the expertise to cost-effectively manage value chain activities over rivals. the company has the resources and capabilities needed to keep its costs competitive. All of these. it is predicated on leveraging a competitively valuable collection of resources and capabilities that match the strategy.

Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)

When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable