The Competitive Advantage Perspective That Focuses on Structural Forces Within

question 24

Multiple Choice

The competitive advantage perspective that focuses on structural forces within an industry, the competitive environment of firms, and how these influence competitive advantage is

• A) the industrial-organizational view.
• B) the resource-based view.
• C) the guerilla view.
• D) None of these answers is correct.
• E) All of these answers are correct.

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Definitions:

Direct Labor-hours

The sum of working hours of employees directly engaged in producing goods.

Manufacturing Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and management salaries, not directly tied to direct materials or direct labor.

Predetermined Overhead Rate

A rate used in cost accounting to allocate overhead costs based on an estimated activity level.

Direct Labor-hours

The hours that workers contribute directly towards the manufacture of goods over a specified period.