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5 Written Questions

5 Matching Questions

  1. Core firms
  2. The best type of portfolio strategy may be WHAT?
  3. Competitive Aggressiveness
  4. Transient firms
  5. Cash cow
  1. a entrepreneurial firms must be more willing to use unconventional strategies than the firms already existing in a new market space in order to gain an advantage.
  2. b the central companies in a strategic group.
  3. c : the firms in a strategic group whose strategies are changing from one strategic position to another
  4. d a company with a large share of a slow-growing market
  5. e related diversification

5 Multiple Choice Questions

  1. creating or acquiring companies that share similar products, manufacturing, marketing, technology, or cultures
  2. creating or acquiring companies in completely unrelated businesses.
  3. a resource that is impossible or extremely costly or difficult for other firms to duplicate.
  4. The strategy-making process is the method by which companies create strategies that produce sustainable competitive advantage
  5. a resource, without equivalent substitutes or replacements, that produces value or competitive advantage

5 True/False Questions

  1. Competitive inertiaproviding greater value for customers than competitors can.

          

  2. Growth strategya strategy that focuses on increasing profits, revenues, market share, or the number of places in which the company does business.

          

  3. Proactivenessthe assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem

          

  4. Strategic groupa discrepancy between upper management's intended strategy and the strategy actually implemented by lower levels of management

          

  5. Rare resourcethe assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem

          

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