By Organizing Value-Chain Activities in Unique and Inimitable Ways, Firms

question 122

Multiple Choice

By organizing value-chain activities in unique and inimitable ways, firms are creating ________.

• A) distinctive capabilities
• B) intangible resources
• C) tradeoff protection
• D) core competencies

Recognize the importance of adapting communication to fit the audience’s level of understanding.

Understand the functions of style and pitch in professional talking.

Appreciate the importance of effective start and management of professional phone calls.

Understand the principles and importance of effective workplace communication.

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Definitions:

Technology

The use of scientific understanding for pragmatic objectives, particularly within the industrial sector.

Marginal Productivity

The additional output that is produced by adding one more unit of a specific factor of production, while other factors are held constant.

Robot Hours

Units of measurement indicating the time robots are in operation or engaged in productive tasks.

Average Product

The amount of production divided by the input units, indicating the efficiency of production per input unit.