Resource heterogeneity - Study guides, Class notes & Summaries

O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Explain THREE circumstances in which a competitive tendering exercise migh...

MNGT 4800 - Exam 2 Questions With Correct Answers According to the resource-based view, a firm's competitive advantage often stems from its - answerintangible resources One of the reasons that Kodak filed for bankruptcy was due to its inability to reinvest, hone, and upgrade its once impressive film camera capabilities. Ultimately, Kodak's core competences became - answercore rigidities Value chain analysis consists of systematically analyzing a firm's key activities that for analysis ...

True & False The objective of SOL performance tuning on the client side is to generate an SOL query that returns the correct answer in the least amount of time, using the maximum amount of resources on the server side All database transactions must display at least the properties of Atomicity, consistency, convenience, and isolation Database recovery techniques are based on the isolation transaction property which indicate that the data used during execution of a transaction cannot...

A firm's _______ are best described as distinct and fine-grained business processes such as order taking, physical delivery of products, or invoicing customers. - Answer-activities Which of the following is an example of a firm's capabilities? - Answer-skills involved in training and managing a workforce Which of the following statements accurately brings out the distinction between a firm's resources and capabilities? - Answer-While resources reinforce core competencies, capabili...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

FACHE Board of Governor’s Exam Questions With Answers Latest Updated 2024 (Graded A+) According to the ACHE's Code of Ethics, one way that healthcare executives can avoid or minimize the negative implications of conflict of interest is to: a. Develop a public relations plan to address potential conflict-of-interest scenarios. b. Not participate in the specific decision where conflict may exist. c. Ensure members submit annual lists of major activities and holdings for inspections. d. Mak...

BSNS113 Midterm Latest Update Graded A+ Scarcity Goods and services are considered scare when there is not enough to satisfy everyone at zero price Trade-offs Scarcity implies the needs to make trade-offs and humans wants and needs are unlimited Economist study... The systems societies use to allocate scarce resources The 3 big questions economic systems need to answer - What to produce - How to produce it - From whom to produce Scientific method for approaching studies - Make an observation...

Define the term biodiversity - diversity of important ecological entities that span multiple spatial scales, from genes, to species to communities - biological diversity encompasses all species of plants, animals, and microorganisms, and the ecosystems and processes of which they are part Explain how the terms species, richness, evenness, and diversity are related Species richness: a count of all the different species in a prescribed area Species evenness: a measure of the rareness or c...

WPC 480 (FINAL) Complete Questions And Answers 100% Solved Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? - answerCan assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. - answerFalse It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even tho...

WPC 480 (FINAL) Complete Questions And Answers 100% Solved Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? - answerCan assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. - answerFalse It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even tho...