The strategy creates value in two ways. first, because the core competency has already been developed in one business, the firm does not have to allocate resources to develop it. second, because the resource is intangible, competitors cannot easily imitate it.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

An essential element of being receptive to messages is to have an open mind true or false