firm's resources limit its search for opportunities
Not what you're looking for?
How might a firm's resources limit its search for opportunities? Cite two specific examples for two specific resources.
TEXT BOOK:Perreault, W. D., Cannon, J. P., & McCarthy, E. J. (2010). Essentials of marketing (12th ed.). New York, NY: McGraw-Hill/Irwin.
Purchase this Solution
Solution Summary
This posting gives you an in-depth insight into how a firm's resources limit its search for opportunities
Solution Preview
1. How might a firm's resources limit its search for opportunities? Cite two specific examples for two specific resources.
Step 1
A firm's resources may limit its search for opportunity. Commonly, the resources a firm has or acquires are natural resources similar to high quality raw material or cheap utilities, or has highly qualified and skilled persons. The availability of new technologies is also a resource.
A business searches for opportunities in its environment. It limits its search to opportunities that it can avail of with its current resources. For example, a conventional land-line ...
Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Operations Management
This quiz tests a student's knowledge about Operations Management