Explain why entrepreneurial firms are often in a strong position to use combination strategies.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Existing firms especially large firms with established corporate cultures po...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Strategic Management Text and Cases
ISBN: 978-1259196553
7th edition
Authors: Gregory Dess, Tom Lumpkin, Alan Eisner, Gerry McNamara
Question Posted:
Students also viewed these Management Leadership questions
-
What do the term competitive dynamics mean?
-
Intense competition such as price wars are an accepted practice in the United States, but cooperation between companies has legal ramifications because of antitrust laws. Should price wars that drive...
-
Why is it important to avoid a one best way mentality concerning control systems? What are the consequences of applying the same type of control system to all types of environments?
-
Window World extended credit to customer Nile Jenkins in the amount of $130,900 for his purchase of window treatments on April 2. Terms of the sale are 2/60, n/150. The cost of the purchase to Window...
-
Suppose a real estate company in your area sold 100 houses last month, whereas their two major competitors sold 50 houses and 25 houses, respectively. The top company wants to display its better...
-
Is CATLs long-run average cost of producing EV batteries currently higher or lower than it will be in future years following implementation of Chinas governments planned policies? Explain briefly.
-
Use technology to find the regression line to predict $Y$ from $X$. $X$ 3 5 2 7 6 $Y$ 1 2 1.5 3 2.5
-
The standard labor cost in the production of a pair of Tukor Brand athletic shoes is .30 hours at $15 per hour. During the month of June, 25,000 pairs were produced. Actual labor costs were $110,700...
-
More generally, evaluate the new Federal Government policies: 1 What are the pros and the cons of the FDIC guarantee of debt? 2. Pros and cons of executive compensation restrictions? 3. Pros and cons...
-
As a financial analyst at Glencolin International (GI) you have been asked to revisit your analysis of the two capital investment alternatives submitted by the production department of the firm....
-
Briefly describe the three types of entrepreneurial entry strategies: pioneering, imitative, and adaptive.
-
Explain the difference between strategic actions and tactical actions and provide examples of each.
-
If Netflix increases its advertising expenses by 30 percent while keeping its price and variable costs the same, does that mean the company's breakeven point will increase 30 percent? Show this...
-
Helping Hospital operates a general hospital but rents space to separately owned entity to Pec Helping Hospital charges Pediatrics for patients' services. Helping Hospital charged the following costs...
-
2 Riscko debtor schedule as at 31 May 20XX correction task You are Joan Jacks and you are an Accountant who works for Riskco, a reputable risk management consultancy company. You are checking the...
-
Current Attempt in Progress * Only those costs that differ across alternatives, i.e., relevant costs are to be considered. In incremental analysis, the only costs to be considered are variable costs....
-
Think about your core customers, whether internal or external, and identify at least 2 key customer segments.For each of your identified customer segments, address the following: Describe each...
-
Joe is a mechanic by trade who operates high-performance racing vehicles. He is passionate about his craft and has been in the industry for over 30 years. He owns his own home on acreage with his...
-
In Problems 515, find the exact value of each expression. Do not use a calculator. cos540 tan(-405)
-
San Carlos Bank and Trust Company uses a credit-scoring system to evaluate most consumer loans that amount to more than $2,500. The key factors used in its scoring system are found at the conclusion...
-
How did IBMs structure change as its strategy changed? From its beginnings as a company that developed instruments to measure time, IBM grew to become the worlds largest computer company. At its...
-
Would you say that IBM was in a strong or a weak position in 1970? If you were managing IBM, what kinds of strategic choices would you be likely to make at that time? From its beginnings as a company...
-
What problems was IBM experiencing in the mainframe market by 1970? How did it change its strategy to deal with the problems? T. V. Learson took over as CEO of IBM after Tom Watson Jr. in 1971 and...
-
Design a power transmission system to connect a DC motor to its load. The motor is given in the motor catalogue as a BM1400 motor. You must create a transmission which will connect to this motor and...
-
SDJ, Incorporated, has net working capital of $3,320, current liabilities of $4,550, and inventory of $4,600. a. What is the current ratio? b. What is the quick ratio?
-
Calculate the final selling price to the nearest cent and markdown percent to the nearest hundredth percent: Original selling price $4,900 First markdown 20% Second markdown 10% Markup 12% Final...
Study smarter with the SolutionInn App