1. Innovator\'s Dilemma 2. Strategic Alliances 3. Volcker Rule 4. Functional Str
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1. Innovator's Dilemma 2. Strategic Alliances 3. Volcker Rule 4. Functional Structure 5. Tim Cook 6. Product Market Stakeholders 7. Leveraged Buyout 8. The Internet of Things 9. Abilify 10. Janet Yellen 11. Bitcoin 12. Warren Buffett 13. Rivalry (from Porter's 5 forces) 14. Power of Substitutes (from Porter's 5 forces) 15. Bargaining Power of Buyers (from Porter's 5 forces) 16. Bargaining Power of Suppliers (from Porter's 5 forces) 17. Barriers to Entry 18. Disruptive Technology 19. Resource-Based View of the firm 20. Core CompetenceExplanation / Answer
1. Innovators dilemma---------It is the dilemma accurs when , in order to compete with a disruptive competitor, the firm that originally pioneered or dominated the market would have to cannibalize its own business.
2. strategic alliance----It is an agreement between two companies that have decided to share resources to undertake a specific and mutually beneficial project.
3. volcker rule-------volcker rule is a federal regulation that generally prohibits bank from conducting certain investment activities with their own account and also limit their hedge fund and private equity fund.
4. Functional structure-------it is one of the most important organizational structure. under this the organization groups employees according to their specialization or specilaized or similar role or the task.
5. Tim cook------Tim cook is the chief executive officer of the Apple incorporation. and previously served as a company chief operating officer under its founder steve jobs.
6. product market stakeholder------product market stakeholder are those who impact the sucess of the company, as they include parties with whom the firm shares its industry, including suppliers and customer.
7. leverage buyout-------- it is the financial transaction, it is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition.
8. The internet of thing-----it is the computing concept that decribes the idea of everyday physical objects being connected to the internet and being able to identify themselves to another devices.
9. Abilify-------it is a medication that is used to treat symptoms of schizophrenia in adults and children ages 13 or older.
10. janet yellen------she is an american economist. she served as a chair of the board of governers of federal reserve system from 2014-2018.
11. Bitcoin---it is a type of digital currency in which encryption technique are used to regulate the generation of units of currency and also verifu the transfer of funds , operating independentaly of a central bank.
12. warren buffett--------he is an american business magnate, investor , philanthropist who served as a chairman and CEO of Berkshire hathaway.
13. Rivalry------- rivalry of porter five forces define the rivalry among the existing firm , it is used to define the intensity of compitation in the market.
14. power of substitute---------- it define the availability of a product that consumer can purchase instead of the industry product. it offer similar benfit to the consumer as the product produced by the firm within industry.
15. bargaining power of buyer----it refer to the pressure consumer can exert on business to get them to provide higher quality product ,better customer service and lower price.
16. bargaining power of supplier--------it refers as the pressure suppliers can exert on the businesses by raising prices, lowering quality or reducing availability of their product.
17 barriers to entry--------it is defined as the obstacles or the hinderance that make it difficult to enter the given market.
18. disruptive technology---------- disruptive technology are those that significantly alter the way businesses or entire industries operate.
19. resource based view of the firm-------resource based view is a model that sees resources as a key to superior firm performance. it is a managerial framework that is used to determine the strategic resources with the potential to deliver comparative advantage to a firm.
20. Core competence-------it is a harmonized combination of multiple resources and skill that distinguish a firm in a marketplace. and therefor are the foundation of companies competativeness.
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