Otion IncIs a Relatively New Firm in the Consumer Electronics Industry

question 28

Multiple Choice

Otion Inc.is a relatively new firm in the consumer electronics industry.The company's primary objective is to become the market leader in less than 5 years,for which it has to gain and sustain a competitive advantage.In the context of the VRIO framework,which of the following resources should Otion Inc.primarily focus on to achieve its objective?

• A) quality standards, which are common and mandatory throughout the industry
• B) inexpensive unskilled labor that is easily accessible by all companies
• C) component parts that are sourced from competitors' suppliers
• D) production systems that reduce costs by 30 percent below the current industry standards

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A simplified form of language with exaggerated intonation and clear pronunciation that adults use when talking to young children.

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A form of indirect protection from infectious disease that occurs when a significant percentage of a population has become immune to an infection, thereby providing a measure of protection for individuals who are not immune.

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