Answer ModeMultiple Select QuestionYour Answer correctCapabilities include which of the following?Multiple select question.a company's culturecorrecta company's financial statementsa company's routinescorrecta company's organizational structurecorrectCorrect AnswerQuestiona company's culturea c...

Answer ModeMultiple Select QuestionYour Answer correctWhich of the following are examples of resources for a firm?Multiple select question.cashcorrectlegal liabilitiesintellectual propertycorrectbuildingscorrectCorrect AnswerQuestioncashintellectual propertybuildings...

Answer ModeMultiple Select QuestionYour Answer correctA core competency can help a company achieve which of the following?Multiple select question.to differentiate its products and servicescorrectto reduce the wages of its employeesto offer products of comparable value at lower cost than rivals...

Answer ModeMultiple Select QuestionYour Answer correctWhat do the best firms in an industry seek to identify and manage on an ongoing basis as sources to respond to their external environment?Multiple select question.core competenciescorrectresourcescorrectcapabilitiescorrectinternal weaknesses...

Your Answer correctWhich of the following were resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain? (More than one answer may be correct.)Multiple select question.Never using the highest-priced vendor for a productFoc...

Your Answer correctFirms have a tendency to change the industry structure in their favor, making it more Blank______ through horizontal mergers and acquisitions, since this tends to be more profitable than a fragmented one.Multiple choice question.competitiveReason: Since a conso...

Your Answer correctWhich of the following are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully?Multiple select question.What type of entry should be made?correctWho are the players?correctWhen to enter?correctWhy is it ...

Your Answer correctA company is a complementor to your company if Blank______.Multiple choice question.customers value your product more when they can use it with the other company's productcorrectcustomers private label your productthat company praises your company for excellencethe marke...

Your Answer correctWhich of the following does the five forces model to help firms do?Multiple select question.understand the strengths and weaknesses of a firm's resourcesgain and sustain a competitive advantagecorrectdetermine the profit potential of different industriescorrectorganize co-ope...

Your Answer correctTrue or false: High exit barriers lead to intense rivalry.True false question.TruecorrectFalseReason: An industry with high exit barriers reduces the industry's profit potential because it is harder to remove excess capacity, thus intensifying rivalry.Correct AnswerQuest...