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Sagan Sciences is implementing a resource-based model of above-average returns as their strategic management approach. They have already identified the firm's resources and determined the firm's capabilities. What would this next step be for Sagan Sciences? Select a strategy that best allows the firm to utilize its resources and capabilities relative to opportunities in the external environment. Develop or acquire assets and skills needed to implement the strategy. Determine the potential of the firm's resources and capabilities in terms of a competitive advantage. Locate an attractive industry.
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
What will be the effect on the quantity demanded for used cars if price rises by 10 percent?
What does it mean to have an 80% learning curve when time and units produced are used?
Given the ever-increasing age of the population and advance of medical technology, why would anyone expect the growth of medical costs to slow down in the future?
Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate?
The determinants of productivity Consider a simple economy whose only industry is fishing. In this industry, productivity—the amount of goods and services a worker can produce per hour—is measured by the number of fish one fisherman catches per hour.
What are the basic fundamentals of Keynesian economics?
Suppose that for a particular economy and period, investment was equal to 100, government expenditure was equal to 75, net taxes were fixed at 100, and consumption (C) was given by the consumption function: C=25 + 0.8YD where YD is disposable income ..
The Regulatory Origins of the Flash Crash. On May 6, 2010, the stock market suddenly swung a thousand points. Nobody really knows why. But Dennis Berman, in the Wall Street Journal, has a clue: Maybe the regulators did it. He notes that it results fr..
A public private initiative in Texas will significantly expand the wind generated energy throughout the state. The cash flow for one phase of the project involving Centrals point Energy, a transmission utility company, is shown. How many number of RO..
What are the advantages and disadvantages of international trade?
1. Why does a manager need to participate in security decisions? 2. What kinds of security decisions should general managers need to make versus the kinds of decisions that IT managers need to make?
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