In your own words, describe the differences between the industrial organization (I/O) and the resource-based models of above-average returns. As an analyst, how would you determine the significance or validity of these models with respect to a given industry

Answers

Answer 1

Answer:

The differences between the industrial organization (I/O) and the resource-based models of above-average returns can be summarized as follows:

1. The I/O model stresses that above-average returns can only be achieved given the opportunities and threats of the prevailing market structure.  This implies that the returns that the entity achieves depend on whether the market is a perfect competition, a monopoly, a monopolistic competition, or an oligopoly.  It is eternally-focused.  The I/O model is a market-based strategic approach that is environmentally-driven.

2. On the other hand, the resource-based model explains that the entity could achieve above-average returns because of the entity's unique or heterogeneous resources and capabilities.  Therefore, this approach tends to match a firm's resources and capabilities to the market opportunities that arise in the external environment.  This strategic approach concentrates on the strengths and weaknesses of the internal resources and capability endowment.

3. In any given industry, the significance or validity of these models can be determined by examining how the business entity spends its resources.  Is the entity developing its internal capability through training and, what is its cultural orientation?  Or is it fighting the competition with its resources, thereby dissipating energy on market positioning?

Explanation:

The I/O model or market-based theory is of the view that market opportunities and threats determine the achievable outcomes for an entity.  It takes what the market gives.  The resource-based theory has a different view.  It suggests that the internal resources an entity possesses are valuable, rare, uncommon, and difficult for competitors to replicate.  Therefore, it tries to develop these resources and capabilities in order to achieve superior performance.  It is not a price or profit taker but a price mover and profit shaker.


Related Questions

the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle​

Answers

Given:

Area of a rectangle is [tex]600 \text{cm}^2[/tex].

Breadth is two-third of its length.

To find:

The length and breadth of the rectangle​ .

Solution:

Let x cm be the length of the rectangle.

Then, Breadth or width of the rectangle = [tex]\dfrac{2}{3}x[/tex] cm

Area of a rectangle is

[tex]Area=Length \times Breadth[/tex]

[tex]600=x \times \dfrac{2}{3}x[/tex]

[tex]600=\dfrac{2}{3}x^2[/tex]

Multiply both sides by 3.

[tex]1800=2x^2[/tex]

Divide both sides by 2.

[tex]900=x^2[/tex]

Taking square root on both sides.

[tex]\pm \sqrt{900}=x[/tex]

[tex]\pm 30=x[/tex]

Length cannot be negative. So, x=30.

Now,

Length = [tex]30\text{ cm}[/tex]

Breadth = [tex]\dfrac{2}{3}\times 30\text{ cm}[/tex]

             = [tex]2\times 10\text{ cm}[/tex]

             = [tex]20\text{ cm}[/tex]

Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.

does anyone know a free app that i can watch shows on? what show u may ask it called the 100​

Answers

Answer:

You can download Tubi or Pluto tv they have shows and movies as well

Explanation:

Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.):

Answers

Answer:

1. $15,406

2. $6,461

3. $2,118

4. $15,262

Explanation:

Calculation to Determine the present value

1. Calculation for the Present Value of $31,000, n= 12, i =6%

First step is to find the Present value of $1:

n= 12, i =6% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 12, i =6% (from PV of $1) is 0.49697

Now let Calculate the Present Value of $31,000,n= 12, i =6%

Present value=$31,000 *0.49697

Present value= $15,406

2. Calculation for the Present Value of $25,000, n= 20, i =7%

First step is to find the Present value of $1:

n= 20, i =7% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 20, i =7% (from PV of $1) is 0.25842

Now let Calculate the Present Value of $25,000, n= 20, i =7%

Present value=$25,000 *0.25842

Present value= $6,461

3. Calculation for the Present Value of $36,000, n= 25, i =12%

First step is to find the Present value of $1:

n= 25, i =12% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 25, i =12% (from PV of $1) is 0.05882

Now let Calculate the Present Value of $36,000, n= 25, i =12%

Present value=$36,000 *0.05882

Present value= $2,118

4.Calculation for the Present Value of $51,000, n= 14, i =9%

First step is to find the Present value of $1:

n= 14, i =9% (from PV of $1)

Where,

n represent the period for investment

i represent the interest rate

The Present value of $1:n= 14, i =9% (from PV of $1) is 0.29925

Now let Calculate the Present Value of $51,000, n= 14, i =9%

Present value=$51,000 *0.29925

Present value= $15,262

Therefore the PRESENT VALUE will be:

Future Amount i = n = Present Value

1 $31,000 6% 12 =$15,406

2 $25,000 7% 20 =$6,461

3 $36,000 12% 25 =$2,118

4 $51,000 9% 14 =$15,262

I'm asking again because I legit need help on this. Best answer gets brainliest.

One of the biggest differences between a public sector business and a private sector business is the use of tax dollars. Public sectors businesses entirely run off of tax money, while private sector business depend on making money through selling goods or services.

1. What do you see as some of the POSITIVE aspects of depending on tax money to run a business?

2. What do you see as some of the NEGATIVE aspects of depending on tax money to run a business.

Answers

Answer:

1. the positively here is you are sure of the money need to run the business even without one doing much as long as taxes are paid and these business sectors under this category are non profit organization but for the betterment of the people

Explanation:

2. no profit is made so no gain, no specifiation on the goods to fit the requirements of the masses and mass production is mostly low quality.

Other Questions
"When he slammed his book-bag on the ground, the boy's iPad screen broke." Is this a simple or compound sentence? Write this multiplication expression using an exponent: 2 . 2 . 2 = ? Jackson biked k kilometers. Maria biked 8 more kilometers than Jackson. Peter biked 2 fewer kilometers than Jackson.Drag and drop the expressions into the boxes to write an expression that represents the total number of kilometers Jackson, Maria, and Peter biked in all.k812k+2k+8k+10k-2k-8 If a strand ofDNA reads ATCC, what wouldthe other sideread? maya joins two peices of wood together one peice is 36 inches long the total lenght of both peices is 62 how long is the other peice of woodhelp ;-;... Which class has a ratio of girls to total students of 7:10? A. class with 3 boys and 7 girls B. class with 7 boys and 3 girls C. class with 7 boys and 10 girls D. class with 10 boys and 7 girls the seven wonders of the world are? What is the name of this artwork? The artist name is oussama diab but I dont know what this painting name is!! The cost of a mobile phone processor is directly proportional to its speed. A 2GHz mobile costs 500.Let x be the speed of a processor in GHzLet y be the cost in pounds.Find a formula linking the variables. hey, can somebody help me please and thank you. :) which middle eastern country is governed by a presidential dictatorship combine these like terms 4 girls + 2 girls - 3 boys The length of a ship is 247 metres, correct to the nearest metre.Write down the minimum length of the ship. According to the oath of allegiance, under what conditions might someone be a slaveholder again? Check all that apply. Which rational function has vertical asymptotes at x=-3 and 9,a horizontal asymptote at y=1, and an x-intercept of 0?h(x)=x^2/x^2-6x-27 Manny wants to find ways to reduce his current debt. The table below shows Mannys monthly income, expenses and net income.Monthly BudgetAmountIncomeWages$3,000.00ExpensesRent$1,200.00Utilities$269.34Entertainment$220.00Food/Clothes$368.00Cell Phone$89.42Credit Card #1$94.62Credit Card #2$36.18Car Insurance$80.00Car Payment$300.00Gym Membership$25.00Net Income$317.44After evaluating Mannys monthly budget, which of the following would be the best option to reduce his debt?a.Manny could spend less on entertainment each month and put the money towards a new cell phone.b.Manny could pay the minimum monthly payments on his credit cards and put the money towards his car payment.c.Manny could spend less on food and clothes and put the money towards his credit card payment.d.Manny could cut his utlility costs and put the money towards buying a new house. Which passage below bestreveals the cultural setting of"A Piece of String"?A. And he grew angry, becomingexasperated, hot and distressed at notbeing believedB. He felt it, consumed his heart over itand wore himself out with useless efforts.He wasted away.C. their wives, walking behind the animal,whipped its haunches with a leafy branch in physics, the use of force to move an object is called A person was modeling a declining population with a decay factor of 0.5 using pennies. They started with 100 pennies and flipped all 100 pennies. Any pennies that landed on tails were removed. Then, the remaining pennies are flipped again and again the ones landing on tails were removed. The process is repeated until no pennies are left. How many flips is the most reasonable expectation for when this model should reach 0 pennies? 4 flips8 flips12 flips16 flips What is the pH of a 0.00001 M solution of HCI?