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Question are the competencies or skills that a firm employs to transform inputs

ID: 327593 • Letter: Q

Question

Question are the competencies or skills that a firm employs to transform inputs into outputs. ? Tangible resources Intangible resources Reputational resources Organizational capabilities Question 10 Which of the following would be an entry barrieri? large economies of scale low switching costs easy access to raw materials O low capital requirements Question 11 Product differentiation by incumbents act as an entry barrier because O new entrants cannot differentiate their products. O incumbents will take legal action if new entrants do not differentiate their products O new entrants will have to spend heavily to overcome existing customer'loyalties O it helps a firm to derive greater economies of scale. Question 12 The "organizational versus individual rationality" perspective suggests that what is good for a functional area is always good for the organization. what is good for the organization is always good for a functional area. O what is best for a functional area may not be best for the organization. 0 the "incremental" perspective may be best for functional areas while the "rational" perspective may be best for the organization.

Explanation / Answer

9 organisational capabilities

Organisational capabilities mean the skills that are needed for any organisation to transform their inputs such as raw material , human resource, financial resource etc into final products.

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10 large economies of scale

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11 new entrants will have to spend heavily to overcome existing customer loyalties

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12 what is best for a functional area may not be best for the organization

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