Question: Your former college roommate calls you and asks to borrow
Your former college roommate calls you and asks to borrow $10,000 so the he can open a pizza restaurant in his hometown. He acknowledges that there is a high degree of direct competition in this market, that the cost of entry is low, and that there are numerous substitutes for pizza, but he believes that his pizza restaurant will have some sustained competitive advantages. For example, he is going to have sawdust on his floor, a variety of imported beers, and a late-night delivery service. What are the risks in lending him the money?
Answer to relevant QuestionsIn the text, it is suggested that Boeing did not respond to Airbus’s announcement of the development of a super-jumbo aircraft. Does it have its own competitive advantage that it does not want to abandon? Explain.You have been assigned to estimate the present value of a potential construction project for your company. How would you use the VRIO Framework to construct the cash flow analysis that is a part of any present value ...The learning curve depicted in Figure can be represented algebraically in the following equation: Average time to produce x units = ax-β, where x is the total number of units produced by a firm in its history, a is the ...Which of the following management controls and compensation policies are consistent with implementing cost leadership? With product differentiation? With both cost leadership and product differentiation? With neither cost ...Which of the following two firms is more vertically integrated? How can you tell? a. Firm A has included manufacturing, sales, finance, and human resources within its boundaries and has outsourced legal and customer ...
Post your question