Is it possible for a firm to simultaneously earn above normal economic returns and below average accounting returns? How about below normal economic returns and above average accounting returns? Why or why not? If this can occur, which measure of performance is more reliable: economic performance or accounting performance? Why?
Answer to relevant QuestionsExamine the following corporate websites and determine if the strategies pursued by these firms were emergent, deliberate, or both emergent and deliberate. Justify your answers with facts from the websites.(a) ...In particular, if an industry has large numbers of complementors, does that make it more attractive or less attractive, or does it have no impact at all on the industry’s attractiveness? Justify your answer.Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a) Evaluating external opportunities and threats and then developing resources and capabilities to exploit these ...Identify three firms you might want to work for. Using the VRIO Framework, evaluate the extent to which the resources and capabilities of these firms gives them the potential to realize competitive disadvantages, parity, ...Although cost leadership is, perhaps, less relevant for firms pursuing product differentiation, costs are not totally irrelevant. What advice about costs would you give a firm pursuing a product differentiation strategy?
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