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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2103 |
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According to Volkswagen??s report, the Group operates 47 production plants in eleven European countries and a further seven countries in the America, Asia and Africa (Volkswagen, 2006). The nature of these plant and machines, such as the age, condition and location of each resource, will determine the usefulness of such resources...
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However, the value of the physical resources will depreciate over time, either through physical depreciation, obsolescence or changes in the demand for the resources in question.
Another source of competitive advantage of Volkswagen is financial resource. According to figure 1, as of September 30, 2006, the largest proportion of subscribed capital of Volkswagen was held by foreign institutional investors, and German institutions only held approximately 10% of the total shares...
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