Resource and Capability Analysis Is Designed to

question 87

Multiple Choice

Resource and capability analysis is designed to

• A)ascertain the internal marketplace of non-distinct divisions of the company.
• B)ascertain which of a company's resources and capabilities are competitively valuable.
• C)stimulate demand for a product.
• D)ascertain to what extent a competitor can sustain a competitive advantage.
• E)stimulate economic growth for companies within the industry.

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Definitions:

Industry Entry

The process of a new competitor or company beginning operations in a specific market or industry.

MR

Marginal Revenue, the additional income that is gained from selling one more unit of a product or service.

Profit-Maximizing

A strategy or approach aimed at achieving the highest possible profit from business operations.

Positive Profits

A financial gain that occurs when the revenues generated from business activities exceed the costs and expenses involved in operating the business.