To Help a Firm Achieve a Competitive Advantage, Each Distinct

question 96

Multiple Choice

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to

• A) contribute to the firm's strategic position as either low-cost leader or differentiator.
• B) reduce the immobility and the heterogeneity of the firm's resources.
• C) create a static fit between the company's internal resources and the external environment.
• D) reduce the causal ambiguity and the social complexity of the firm's source of success.

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations.

Floral Deliveries

The service or business of transporting flowers or floral arrangements to specified locations or recipients.

Units-Of-Activity

A method of depreciation that allocates the cost of an asset over its useful life based on its activity level, such as miles driven or hours used.

Salvage Value

The estimated resale value of an asset at the end of its useful life; it is used in calculating depreciation expense.