Discuss the viability of your planned product using the vrio

Assignment Help Microeconomics
Reference no: EM133343931

The proposed product to sell in China is aromatherapy lotion. based on this please answer the following questions.

Question 1. Discuss the viability of your planned product using the VRIO model in context of the current status of the industry in which you will compete.

Question 2. Discuss how your product meets, or does not meet, each of the criteria of value, rarity, and imitability. Give specific examples.

Value:

Rarity:

Imitability

Organization:

Question 3. Explain how easily your product could be imitated by competitors.

Reference no: EM133343931

Questions Cloud

How the differing cultures in your community interact : Identify two or more cultures that are represented in your community. Keep in mind the definition of culture and the fact that culture is not just about
Draw the organs of digestive tract : Limit your submission to digestion, that is ingestion, breakdown, and absorption of food. Draw the organs of the digestive tract.
Calculate the number of calories from lipids per bun : Identify and provide the %DV for a mineral of your choice. Calculate the number of calories from lipids per bun.
How analyses of voters views may affect decisions : How do you think of the cost-benefit analysis in terms of legislators being reelected affected efforts to repeal/replace the ACA? And how analyses of voters
Discuss the viability of your planned product using the vrio : Discuss the viability of your planned product using the VRIO model in context of the current status of the industry in which you will compete
Identifying potential problems involving resources or safety : Describe your experience related to: Providing care to clients in a professional practice setting. Applying the nursing process (assessment, diagnosis, outcome
Describe how this ceremony shows good or bad grieving : Describe historical ad socio-cultural forces which shape your understanding of this ceremony and Describe how this ceremony shows good or bad grieving practices
Nutrition education program : State the purpose clearly at the beginning of the proposal. Define the problem and why this issue is of importance in your community.
How is monopolistic competition like monopoly : Describe the three attributes of monopolistically competitive markets and How is monopolistic competition like monopoly

Reviews

Write a Review

Microeconomics Questions & Answers

  Describe how you have prepared for your intended major

Please describe how you have prepared for your intended major, including your readiness to succeed in your upper-division courses once you enroll.

  Draw this game in matrix form and extensive form

Consider a father who is trying to discipline his child. The father insists that the child must go with the rest of the family to visit their grandmother. The child prefers to go to the movies with a friend. The father threatens to punish the child i..

  Determine the interest rate that the ira paid out

A self-employed individual contributes $5,000 annually for 30 years into an Individual Retirement Account (IRA). At the end of 30 years the account balance is $230,000. Assuming monthly compounding, determine the interest rate that the IRA paid out..

  Compute the predetermined indirect cost application rate

RLW-II Enterprises estimated that indirect manufacturing costs for the year would be $60,000,000 and that 12,000 machine-hours would be used.

  What kind of activities might prevent this from happening

One of the potential negative consequences of both economic and population growth is that we will eventually exhaust the Earth's natural resources.

  Examine how vision mission and values guide organizations

write a 1050- to 1400-word paper in which you explain the importance of your selected businesss vision mission and

  Explain variance in taxation across goods

Does the Ramsey Rule explain variance in taxation across goods within a state? Does it explain variance in taxation of given goods across states?

  Beliefs integral to the development

Need five sentences responding to each response to the questions. Two separate responses. Try not to use technical words. 1.Describe Janie's relationship to her Grandmother Nanny. What values or beliefs does her grandmother voice and how are Janie's ..

  Find the nash equilibrium of the game that bud and wise play

If they both produce 10,000 litres a day, they will make the maximum attainable joint economic profit of $200,000 a day, or $100,000 a day each.

  Who were your favorite explorers and why

An Interpretive History 9th edition by James J. Rawls and Walton Bean with particular attention to the European explorers.

  What kind of market would describe the museum

What real-world considerations absent in the above problem might argue in favor of an admission fee - What kind of market would describe the museum?

  What is the price at which markup equals inverse elasticity

A firm's markup (or Lerner Index) is given by (??-????)/P Produce a graph of the markup with price on the horizontal axis and markup on the vertical axis.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd