QUESTIONS WITH 100% VERIFIED
ANSWERS
\.Which of the following explains how dynamic capabilities are different
from the resource-based view? - ANSWERS-Dynamic Capabilities Deal
With Applying Resources Over Time.
\.Some scholars have added a sixth force to Porter's Five Forces model.
This sixth force, ________, is believed to add value to the original
product offering (or service) when the two are used in tandem. -
ANSWERS-Complement
\.When a firm integrated the competitive strategies of cost-leadership
and differentiation, it will most likely result in: - ANSWERS-A Trade-Off
That Works Against Each Other
\.Why are black swan events such as accounting scandals and the global
financial crisis perceived as caused by cheap credit and subprime
mortgages offered by financial institutions, bad for business? -
ANSWERS-They Erode The Implicit Trust Between The Corporate World
And Society.
, \.Eat Now (any company name can be here) is a fast-food restaurant
that has recently entered the hospitality industry. Since most of its
competitors are pursuing a low-cost position and doing well, Eat Now
also wants to adopt the same strategy. - ANSWERS-Eat Now Will Face
Low Profit Potential.
\.Which of the following is a stakeholder attribute that mangers should
consider at every step in a stakeholder impact analysis? - ANSWERS-
Legitimacy
\.The greater the difference between value creation and cost, the: Less -
ANSWERS-Greater A Firm Economic Contribution
\.Which of the following groups will NOT BE considered a company's
internal stakeholders? - ANSWERS-Suppliers
\.Which of the following does a firm possess when it can outperform
others in the same industry or the industry average over a prolonged
period of time? - ANSWERS-Sustainable Competitive Advantage
\.Too Fast Inc., a motorcycle company, is the market leader due its
superior engine technology and service orientation. These unique
qualities have helped the company generate revenue that are