How is the Resource-Based view different from the Value Chain?
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How is the Resource-Based view different from the Value Chain?
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- The U.S., and indeed much of the rest of the world, hasbeen described as a “knowledge society.” How does thisaffect productivity measurement and the comparison ofproductivity between the U.S. and other countries?Explain brief the difference between Resources and Capabilities and give examples for both of them?Explain the meaning of the saying productivity is a relative measure ?
- Explain what are the productivity variables ?What are the differences between the Performance Management and Operations Management?Easy Electronics produces CD players using an automatedassembly line process. The standard cost of CD players is$139 per unit (labor, $28; materials, $66; and overhead, $45).The sales price is $275 per unit. a. To achieve a 12 percent multifactor productivity improve-ment by reducing materials costs only, by what percent-age must these costs be reduced?b. To achieve a 12 percent multifactor productivity improve-ment by reducing labor costs only, by what percentagemust these costs be reduced?c. To achieve a 12 percent multifactor productivity improve-ment by reducing overhead costs only, by what percent-age must these costs be reduced?