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Relative market share is A Calculated by dividing a company's percentage share of total industry sales volume by the percentage share held by its largest rival B Calculated by adjusting a company's revenue share up or down by a factor proportional to whether their quality/customer service factors are above/below industry averages C Calculated by dividing a company's market share (based on dollar volume) by the industry average market share D Particularly useful in identifying cash cows and cash hogs. Cash cow businesses have big relative market shares (above 1.0), while cash hog businesses have low relative market shares (below 0.5) E Calculated by subtracting the industry average market share (based on revenue) from the company's market share to highlight relative share above/below the industry average. This amount is a better indicator of a business's competitive strength than is just looking at the firm's market share percentage
Explain why, given the advantages of international diversification, some firms choose not to expand internationally. As firms attempt to internationalize, they may be tempted to locate their facilities where product liability laws are lax in testing ..
M & M weigh 0.86 grams on average with SD=0.04 grams, so the coefficient of variation is 0.04/0.86=0.047. Suppose that we decided to lable packages by count rather than weight. The system adds candy to a package until the weight of the package exceed..
John Douglass and Shirley Coleman presented a case study of the application of a Taguchi experimental design at industrial Statistics in Action 2000. The specifications tolerance for static pressure was 2.7 to 3.5 bar and at tomes reject levels appro..
A new aircraft control system is being designed that must be 98% reliable. This system consists of three components in series. If all three of the components are to have the same level of reliability, what level of reliability is required?
some key measures that providers use to monitor patient safety?
Uncertain and changing industry structures demand rigid structural, measurement, and human resource systems. To diagnose an organization, the OD practitioner carefully examines the management team to discover the cause its problems.
Define and discuss each of the criteria that control systems should meet as they are being designed by management. Discuss whether or not the control system in your current organization meets these criteria.
You are the assistant manager of an appliance store. Next month you will order two types of stereo system. How many of each model should you order to minize your cost? How many of each model should you order to maximize your profit? Identify constrai..
Evaluate and respond to the following perspective offered by a classmate from another course section: "It starts with a follower trusting the leader and taking ownership of their leader’s vision as if it were their own." How does this trust building ..
This is the art and science of obtaining, producing, and distributing material and product in the proper place and quantities.
Anyone heard about Weyco ban on employee smoking? what are the views of the key stakeholders in this case? what are the ethical issues to consider when deciding to fire tobacco users? is it appropriate for employers to impose restrictions on individu..
How does the tone a written message change as the audience changes? Give examples of communicating the same essential message to different audiences.
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