A strategic inflection point may arise from
|B)||transformations in competitor values and preferences|
|C)||constant regulatory conditions|
|D)||all of the above|
The goal of strategic management is
|A)||sustained customer advantage|
|B)||sustained comparative advantage|
|C)||sustained competitive advantage|
|D)||sustained collaborative advantage|
Which of the following is NOT a mechanism to protect a firm’s sustained competitive advantage (SCA)?
|A)||The industry structure|
|B)||Peculiar configurations of resources, capabilities, and competencies|
|C)||Continuous positioning and repositioning|
|D)||All of the above are protection mechanisms|
To make winning moves, managers must find ______ and ______ that meet customer demands.
|B)||business models, products|
|C)||profitable patterns, business models|
|D)||business models, sales|
Changes in the rules of the “game” of strategy occur not only because of variations in the legal and ethical climate but also because of changes in technology and ______.
What a company currently is best at is incorporated into its ______.
____ is the evolution of a general idea through continually changing circumstances.
_____ strategies differ from _____ ones.