Table of Contents
- 1 Is an activity for which a firm is a world class leader?
- 2 Why does Amazon need to worry about competitors in online quizlet?
- 3 Which of the following represent the primary activities of a firm?
- 4 Why do some firms become leaders in their industry?
- 5 What are support activities?
- 6 What is a support activity in the operations of a firm?
Is an activity for which a firm is a world class leader?
A core competency is an activity for which a firm is a world-class leader, such as being the world’s best miniature parts designer. A core competency relies on knowledge that is gained through experience as well as incorporating new, external knowledge.
Why does Amazon need to worry about competitors in online quizlet?
Why does Amazon.com need to worry about competitors in online shopping? Internet technologies are universal, and therefore usable by all companies. it helps firms expand in size. highlights specific activities in the business where competitive strategies can best be applied.
Which of the following is a support activity in a firm’s value chain group of answer choices?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
Which of the following options directly links consumer behavior to distribution and production and supply chains?
an efficient customer response system directly links consumer behavior to distribution and production and supply chains.
Which of the following represent the primary activities of a firm?
Chapter 3
| Question | Answer |
|---|---|
| Which of the following represent the primary activities of a firm: | Inbound logistics, outbound logistics, operations, services, sales and marketing |
Why do some firms become leaders in their industry?
Why do some firms become leaders in their industry? they are able to use commonly available resources more efficiently because of superior knowledge and information assets. *) the most widely used model for understanding competitive advantage.
When a firm provides a specialized product or service for a narrow target market better than competitors they are using a strategy?
Chapter 3
| Question | Answer |
|---|---|
| A _________ is an activity at which a firm excels as a world-class leader. | Core competency |
| Firms use a ________ strategy to provide a specialized product or service for a narrow target market better than competitors. | Market niche |
When a firm buys on the marketplace what it Cannot make itself the costs incurred are referred to as?
When a firm buys on the marketplace what it cannot make itself, the costs incurred are referred to as. transaction costs.
What are support activities?
Supporting activities are those actions taken by a nonprofit organization other than program services. Supporting activities typically include fundraising activities, management and general activities, and membership development activities.
What is a support activity in the operations of a firm?
support activity: the function of purchasing inputs used in the firm’s value chain, including raw materials, supplies, and other consumable items as well as assets such as machinery, laboratory equipment, office equipment, and buildings.
Which of the following are the activities used to persuade consumers they need the product?
A marketing strategy in which personal selling and advertising are used to persuade consumers to buy new products and more of existing products.
Which of the following is a primary activity in the operations of a firm group of answer choices?
Primary activities include inbound logistics, operations, customer service, and sales and marketing. These activities add value to a product. Support activities are business functions that assist and facilitate the primary activities.