Ask Question
BusinessBusiness
8 October, 17:52

Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on product innovations and by enhancing existing facilities. this improved performance is best explained by:

+3
Answers (1)
  1. 8 October, 18:01
    0
    The resource based model.

    The resource based approach says organizations should look inside their company for sources of improvement and competitive advantage rather than looking outside to their environment (such as their industry).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on product ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Consider a bank with one teller, an average arrival rate of six customers per hour, and an average service rate of eight customers per hour.
Answers (1)
Stereotyping in the workforce has led to stronger career options for everyone pay discrepancies equal pay men being unable to get work
Answers (1)
An order for 50 units of product a and 60 of b has been placed. there are currently 25 units of product b on hand. each a requires 2 units of part c; each b requires 5 units of c. there are 160 units of c available.
Answers (1)
Feasibility determines if the project is an acceptable financial risk and if the organization can afford the expense and time needed to complete the project. T/F
Answers (1)
A cable TV company has 4000 customers paying $110 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. Find the maximum revenue.
Answers (1)
New Questions in Business
Evan has a Bachelor's degree in ethics and human resources, and he has extensive experience working with employees and managers regarding ethics, especially in the area of ethical dilemmas.
Answers (1)
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts.
Answers (1)
Tumbler Co. had an inventory balance of $15,250 on January 1, purchased $34,000 during the accounting period, and the cost of goods sold was $28,000. What is the ending balance in the inventory account?
Answers (1)
On January 2, 2012, Farr Co. issued 10-year convertible bonds at 105. During 2012, these bonds were converted into common stock having an aggregate par value equal to the total face amount of the bonds.
Answers (1)
Why is an organizational structure important? A. It allows having minimum resources to complete tasks. B. It allows clumsy or unclear reporting structure, C. It ensures that the right people occupy the right positions. D.
Answers (1)
Home » Business » Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on product innovations and by enhancing existing facilities. this improved performance is best explained by:
Sign Up Forgot Password?