Uniway Technologies Inc. has based its manufacturing units in the country of Lanthania
The country's stable economic and political environment has helped the firm gain competitive advantage by lowering its production costs and improving product quality. Other things being equal, the benefits realized from such a strategy can be typically referred to as:
A. economies of scope.
B. location economies.
C. diseconomies of scale.
D. economies of power.
E. learning economies.
B
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A line of credit provided by a commercial bank gives a company the right (but not the obligation) to borrow a specified maximum amount of funds over a specified period of time
a. True b. False
Destination Avenue, a travel agency, has recently introduced free Wi-Fi and laptop charging facilities in its buses. In this case, which of the following aspects of the VRIO (value, rarity, imitability, and organizational) framework is the agency focusing on?
A) ?Imitability B) ?Rarity C) ?Value D) ?Organization