Question: 5 Points When a business has organizational systems, processes, and structures in place to capitalize on resource for a competitive advantage, it is an example

5

Points

"When a business has organizational systems, processes, and structures in place to capitalize on resource for a competitive advantage, it is an example of

q,

Being organized to capture value

Tangible resources

Having a produced

/

service that is difficult to imitate

Having a rare product

/

service

Temporary competitive advantage

5

Points

You are examining a retailer s supply chain and notice extra or valueless steps in moving products from back shelves to the floor. The Value Chain theory indicates these extra

/

valueless steps are

q,

Usually cost

-

saving measures to ensure quality

Steps that do not add to the product

/

service and should be eliminated

"Important, and technology should be incorporated to track and collect data"

"Troubling, but more information should be gathered before actions are taken"

The anonymity surrounding KFC s famous fried chicken recipe is an example of a

Trademark

Patent

Trade Secret

Royalty

The anonymity surrounding KFC s famous fried chicken recipe is an example of a

Trademark

Patent

Trade Secret

Royalty

The anonymity surrounding KFC s famous fried chicken recipe is an example of a

Trademark

Patent

Trade Secret

Royalty

5 Points "When a business has organizational systems, processes, and structures

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