Sony's Competence in Miniaturization, Dell's Competence in Supply Chain Management

question 67

Multiple Choice

Sony's competence in miniaturization, Dell's competence in supply chain management, and Amie Street's competence in managing a music download Web site are examples of ________, which serve as each of these respective firm's competitive advantage of their rivals.

• A) foundational competencies
• B) core competencies
• C) core elements
• D) distinguishing attributes
• E) foundational attributes

Identify the implications of corporate actions on shareholder rights, including derivative suits and executive compensation.

Understand the significance of quorum requirements for board and shareholder meetings.

Acknowledge the flexibility and limitations of incorporating and operating a statutory close corporation.

Apprehend the regulatory requirements for corporate record examination, director elections, and the enforcement of corporate rights.

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Definitions:

Nonprice Rationing

The allocation of goods among buyers using criteria other than the price, often seen in situations of shortage like during wartime or in the case of rationed healthcare.

World Price

The international market price for a given good, influenced by global supply and demand factors.

Imported Oil

Crude or refined petroleum products sourced from foreign countries.

Surplus

The situation in which the quantity of a good or service supplied exceeds the quantity demanded at the current price.