What elements go into determining a firms strategic position?
Question:
What elements go into determining a firm’s strategic position?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
A firms strategic position is determined by a combination of internal and external factors that influence its competitive advantage and overall direction These elements help define where the firm stan...View the full answer
Answered By
Arshad Ahmad
Well, I am really new to tutoring but I truly believe a good student can be a better teacher. I have always been a topper at school. I passed my Chartered Accountancy at a very young age of 23, a rare feat for most of the students. I am really dedicated to whatever work I do and I am very strict regarding deadlines. i am always committed and dedicated to whatever work allotted to me and I make sure it is completed well within deadline and also I try to give my best in whatever I do. Hope we will have a good time studying together.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles Of Management
ISBN: 9786762194553
1st Edition
Authors: Openstax, David S Bright, Anastasia H Cortes
Question Posted:
Students also viewed these Business questions
-
There are three main streams for Porters generic strategies that are used by multinational firms like Frito-Lay Inc Grandma s to achieve the growth objectives. Cost leadership: Cost leadership...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
A railroad flatcar is traveling to the right at a speed of 13.0 m/s relative to an observer standing on the ground. Someone is riding a motor scooter on the flatcar (Fig. 3.43). What is the velocity...
-
The American International Group (AIG) is the largest insurance company in the United States. In the recent global financial crisis, AIG faced financial ruin. Thus, the U.S. government used taxpayer...
-
The following information, based on the 12/31/09 Annual Report to Shareholders of Krafty Foods ($ in millions): Accounts payable 1897 Accounts receivable (net) 3131 Accrues liabilities and taxes 4105...
-
What is the composition of dry air?
-
M. Gonzales has the following transactions during August of the current year. Indicate (a) The effect on the accounting equation (b) The debit-credit analysis illustrated on pages 6165 of the...
-
Can Americans trust the results of the 2020 Census? The first results of the 2020 Census were released Monday, after encountering so many obstacles that some census experts privately joked that it...
-
When does a firm have a competitive advantage over its rivals?
-
What are firm resources and capabilities, and what information does VRIO provide about them?
-
Create an instance of the class, Rectangle and reference it with the name MyRectangle. Class Square Declare Protected Side, Area As Float Public Square() Set Side 1.0 %3! Set Area = 1.0 End...
-
1. The Dow Jones Industrial Average measures the volume of trading in 30 large publicly traded companies, and this index is used to gauge the performance of the overall stock market activity. The...
-
Which job forecasting technique involves participants attending a structured meeting with the goal of coming to an agreement about a solution to a problem?
-
An adjusted trial balance is a list of accounts and balances prepared after recording and posting adjusting entries. Financial statements are often prepared from the adjusted trial balance. Revenue...
-
Consider the model problem below, find A and R matrices, and b and r vectors. Then find the solution: -(xu'(x))' = 4x x EI = [0, 3] xu' (0)=0; u(L)=5; ko=0; k=1 u(0)=5; 9L=5; 90=1;
-
TWC issues bullet bonds at 8% , with a ten-year maturity, company will recognize holders of securities in amount of $ 1,000 . With this information assume that changes and valuation will occur at end...
-
The data in the following table show the results of a national study of 137,243 U.S. men that investigated the association between cigar smoking and death from cancer. (a) If an individual is...
-
If |62x|>9, which of the following is a possible value of x? A. 2 B. 1 C. 0 D. 4 E. 7
-
Explain Fiedlers contingency theory.
-
What is the difference between programmed and nonprogrammed decisions?
-
Ponce de Leon arrived in the New World with one quest in mind: to fi nd the fountain of youth. In the fifteenth and sixteenth centuries the search for youth was paramount. It was important because...
-
Distinguish between commercial paper and certificate of deposit. Assume that you have been give the following information: Face value of the bond Taka 1000 with a coupon rate of 9 percent, required...
-
Mary Smith is looking for the bank that will give the most return on her money over the next five years. She has $2,000 to put into a savings account. The standard equation to calculate principal...
-
Copper Lake Mines Ltd. is considering whether to rebuild its current access road to its mine at Old Town. It paid $50,000 to an engineering consultant to study its options. The consultant recommended...
Study smarter with the SolutionInn App