What is short run in manufacturing?
The short run is a time period in which at least one production input is fixed.
Is suing competitors a medium level?
It is a medium level somewhere in between extremes, suing competitors prices as a starting point and adjusting from there
How does the power of suppliers affect a firm's ability to obtain superior performance?
the power of suppliers reduces a firm's ability to obtain superior performance for 2 reasons: 1. powerful suppliers can raise the cost of production by demanding higher prices for their inputs or by reducing the quality of input/service level delivered.
Is FL Systems Inc. a competitor to Oryxo Systems Inc.?
FL Systems Inc. and Oryxo Systems Inc. are two competing firms. FL Systems Inc. has $300,000 in tangible assets and $200,000 in intangible assets. Oryxo Systems Inc. has $150,000 in tangible assets and $347,000 in intangible assets. In the context of the resource-based view, which of the following is the most likely implication of the asset values of the two companies?
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