Maintain competitive advantage

Assignment Help Operation Management
Reference no: EM132155948

1. Which of the following statements best explains why luck will always play role in achieving competitive advantage?

Building a competitive advantage is about taking actions to achieve a goal in the future.

Building a competitive advantage depends upon creating new innovations.

Building a competitive advantage usually requires competitors to make a mistake.

Building a competitive advantage requires working through an organization.

2. If a CEO's compensation is almost entirely based on stock options, will it align the CEO's interests with those of the shareholders?

Yes, because of both only get paid with increases in shareholder value.

No, because of the different absolute size of incentives.

No, because of different time frames.

3. Which of the following is the most important decision for firms when trying to maintain a competitive advantage?

Selecting price of products.

Selecting competitors to match.

Selecting employees to hire.

Selecting opportunities not to pursue.

Reference no: EM132155948

Questions Cloud

Calculate its effective output and capacity utilization : Suppose company has design maximum output of 200. Its actual output is 150 and its efficiency is 75%. Calculate its effective output and capacity utilization.
Adult sexting is perfectly legal : Adult sexting is perfectly legal, as it is the sharing of sexually explicit content between two consenting adults.
Do you believe that the medical industry embraces : Do you believe that the medical industry embraces the use of new technology faster or slower than other industries and why?
How many minutes does caller wait before talking to agent : Experience the Tour de France (ETF) is a specialty travel agent. On average, how many minutes does a caller wait before talking to an agent? minutes
Maintain competitive advantage : Which of the following is the most important decision for firms when trying to maintain a competitive advantage?
Who are stakeholders from strategic management perspective : Who are stakeholders from a strategic management perspective? Which of the following is sufficient on its own to create a competitive advantage.
According to the eight dimensions of quality : According to the Eight Dimensions of Quality how can "Durability" be applied in Qatar Airways company?
How long they are likely to be competitive advantage : Which of the following forms of IP are specifically limited in how long they are likely to be competitive advantage
Discuss brand equity and brand value : Discuss brand equity and brand value. How do marketers use these concepts to build powerful brands?

Reviews

Write a Review

Operation Management Questions & Answers

  Industrial engineer help improve firms aggregate planning

How could an industrial engineer help improve a firm’s aggregate planning? Discuss your answer in up to three pages. Any research must be properly cited.

  What is the capacity utilization of the typing station

Daily specimen arrivals at the laboratory center is 1291 specimen/day; the average time for the unwrapping specimen was four seconds per specimen

  Provide an implication to re-baselining a project

Provide an implication to re-baselining a project ie. what are the problems and drawbacks to re-baselining a project/schedule? Give an example of this implication.

  While knowing about a physician substance abuse

While knowing about a physician substance abuse and fired him for cause, however hospital did not report the facts to their Board what will be the consequence for the hospital?

  Interest groups attempt to influence politicians

Interest groups attempt to influence politicians and public policy in a variety of ways. Define the term interest group,

  An essay on operations and controlling

An essay on Operations and Controlling

  What is the average time spent by each order waiting

What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large

  Define similarities in the type of strategy work

Develop a table which summarises the differences and similarities in the type of strategy work typically undertaken by these four groups:

  What proportion will meet specs

Tolerances for a bicycle derailleur are 6 cm +/- .001 cm. The current process produces derailleurs with a mean of 6.0001 with a population standard deviation.

  Develop the segmentation and positioning strategy

Put yourself in the position of an entrepreneur who is developing a new product or service to introduce into the market. Briefly describe the product.

  Integration of cost-leadership and differentiation strategy

Which statement correctly reflects logic of integration of cost-leadership and differentiation strategy? Which pair of firms has greatest market commonality?

  Write down some of the global considerations to take into

a what are some of the global considerations to take into account when selecting transportation modes?b what about

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