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- If a resource or capability is valuable and rare but not costly to imitate (copy)exploiting this resource will generate a:
- According to VRIO, if a resource or capability does not add value , should you continue with analysing its rarity, inimitability and organisational support
- For each of the following scenarios, state whether descriptive, prodictive, or prescriptive analytics tools would most likely be used. Complete parts a through h below. a. The chief financial officer for a small manufacturing firm would like to estimate the net profit that the firm could expect over the next three years. Which analytics lools would most likely be used for this scenario? Descriptive Prescriptive Predictive
- Below is the information from a brochure for Fret-No-More Auto Insurance outlining the insurance coverage options they offer. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the full-coverage insurance plan with the highest coverage limits and the lowest deductibles available from Fret-No-More? multicolumn(3)(|c|)( Fret-No-More Auto Insurance ) Type of Insurance Coverage & Coverage Limits & Annual Premiums Bodily Injury & 25 / 50,000 & 21.35 & 50 / 100,000 & 32.78 & 100 / 300,000 & 42.10 & & Property Damage & 25,000 & 115.50 & 50,000 & 142.44 & 100,000 & 193.78 & & Collision & 100 deductible & 490.25 & 250 deductible & 343.33
- A fintech startup is evaluating its value proposition for an app that simplifies investment for beginners. To ensure alignment with customer needs, they should primarily focus on which element of value? Simplifies Design/Aesthetics Rewards Me Provides Hope