subject
Business, 10.03.2020 22:40 brrodriguez8oz5wvf

One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is that

a. competition among rival companies is so hard to analyze that the only dependable strategy for achieving good company performance is to copy as closely as possible every aspect of the strategy being used by the top-performing company in the industry.
b. after the first few decision rounds (years), it is highly risky and ill-advised for any company in the industry to overhaul its strategy and chart a different strategic course.
c. after 3 or 4 decision rounds (years), it becomes relatively easy to diagnose what strategy a rival company is pursuing and to anticipate what moves that rival is likely to make next.
d. the dynamic, ever-evolving nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve the company's competitiveness vis-a-vis rivals and boost its overall performance.
e. the company that jumps out to be the industry leader early on is very likely going to be the industry leader at the end of the simulation exercise-it is extremely difficult for trailing companies to ever catch up to the early industry leader unless they build at least 15 to 20 million pairs of plant capacity and charge very low prices for both branded and private-label footwear.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:20
James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.
Answers: 2
question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 22.06.2019 14:00
Why is efficiency an important economic goal?
Answers: 2
question
Business, 22.06.2019 16:30
Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.
Answers: 3
You know the right answer?
One of the lessons about competing in a globally competitive marketplace that comes from "playing" T...
Questions
question
Computers and Technology, 25.06.2019 05:40
Questions on the website: 13722367