A Firms Tangible Resource Includes Which of the Following
It is an indication that the firms managers have not made necessary choices about the business and its strategy. A firms tangible resource includes which of the following.
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Service standardization and quality control are difficult to achieve.
. Capacity for innovation c. Top management providing a key role in collaborating with important customers. Which of the following is considered an intangible resource.
While stock-out situations may lead production stoppage or loss of sale or even ceding market share to competitors any unnecessary stockpiling of inventory would also lead to unwarranted blockages of capital that might prove. A firms tangible resource includes which of the following. Financial resources human resources and firm competencies.
AProduction equipment bOrganizational routines cCapacity for innovation 4 out of 4 points4 out of 4 points 4 out of 4 points 4 out of 4 points. Strategy is a pattern of resource allocation choices and or ganizational arrangements that result from. The equipment that is used to manufacture a companys products.
B financial resources physical resources and the capacity to combine intangible resources. Negotiating and maintaining ongoing relations with regulatory bodies. The other important tangible resources for a business firm are the raw material semi-finished goods and finished goods it has at its disposal.
A tangible asset represents an opportunity to earn an economic benefit through the production or distribution of goods the provision of services or the rental of the asset to others. 129In the resource-based view of the firm examples of tangible resources include A. Sets specific operating procedures to be followed by front line managers.
The physical spaces that a company owns or rents. Assets that can be seen and quantified. Statement of Financial Position Vs.
A firms tangible resource includes which of the following. Resources and capabilities of the firm are not the only tangible asset but also intangible assets which a firm uses to select and implement the strategy of the firm. Earn above-average returns includes all of the following EXCEPT.
Financial resources physical resources and technological resources. Every business has various types of resources and assets some of which are clearly visible and others of which are less obvious. Assets that are people dependent such as know-how.
Capacity for innovation Organizational routines d. In the value chain which of the following activities is deemed to add direct value to a. Trademarks brand reputation patents and licenses or.
A firms strategy includes which of the following. Formal reporting structures 6. Production equipment The intensity of industry competition and an industrys profit potential are a function of which of the following forces of competition.
The four types of tangible resources are financial organizational physical and technological The three types of intangible resources are human innovation and reputational Tangible resources As tangible resources a firms borrowing capacity. - Production equipment - Manufacturing plants - Formal reporting structures. Captures how vision and mission will be achieved.
Tangible resources are physical items including cash inventory machinery land or buildings. A TrueB False Points Earned. Effective information systems contributing significantly to a firms overall cost leadership strategy.
Marketing expertise increasing a firms revenues and enabling it to enter new markets. Tangible resources are physical items including cash inventory machinery land or buildings. A financial resources human resources and firm competencies.
Scientific capabiliti Production equipment c. In addition because tangible assets are often. DKnowledge Question 10 For a differentiation strategy to be effective the product.
They are critical in accounting as they help a company understand its financial standing when entered on balance sheets and financial statements. A firms tangible resource includes which of the following. Establoshes systems and processes used to implement the goals and objectives.
Buildings vehicles factories manufacturing equipment and land are tangible resources that have a clear and easily determined. Low entry barriers. 0 Correct Answer s.
These items can be easily liquidated and have a set value. Financial resources physical resources and the capacity to combine intangible resources. The employees that the firm has are another important tangible resource critical to implementing the firms strategy.
Examples of tangible resources in the resource-based view of the firm include. Tangible assets including equipment land and vehicles can be described in terms of their physical makeup. Communicates to stakeholders the hierarchical corporate structure.
Tangible Resources EXHIBIT 35 The Resource Based View of the Firme Resources and Capabilities Financial Firms cash account and cash equivalents Firms capacity to raise equity Firms borrowing capacity Modern plant and facilities Favorable manufacturing locations State-of-the-art machinery and equipment Physical Technological Trade secrets. The industry characteristics that make it very dif ficult for firms to achieve strategic competitiveness and. A firms resources and capabilities are tangible assets a firm uses to choose and implement its strategies.
A firms tangible resource includes which of the following. Intangible resources include for example the knowledge and skills of employees a firms reputation brand name exclusive rights to intellectual property leadership traits of. Within a firm there are tangible strategic resources which are mainly human capital and physical capital and intangible strategic resources which include the firms organizational capital.
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