Compare and contrast the industrial organization (I/O) and resource-based views (RBV)
What will be an ideal response?
The I/O view develops a competitive advantage by positioning in the industry whereas the RBV view advocates that the organization possess unique organizational assets and capabilities. The focus of analysis with the I/O view is external and the RBV view's focus of analysis is internal. The major concern with the I/O and RBV views is competition and competencies, respectively. Determinants of profitability in the I/O view refer to the characteristics of the industry and the firm's position within the industry. With the RBV view, the determinants of profitability refer to the type, amount, and nature of the firm's resources.
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To better reflect channel partner gives & gets, some progressive suppliers have migrated toward a functional allowance. Here, the supplier pays a reseller a set percent off the reseller buy price for performing specific tasks
Indicate whether the statement is true or false
The main purpose of discipline in organizations is to:
A) uphold legal obligations B) encourage employees to behave sensibly at work C) increase employee engagement D) punish wrong-doers