Question 1

Which of the following will enable a firm to be competitive even if there is a lack of top management commitment and employee involvement?

Accepted Answer

A)  Organizational structure. 
B)  Use of stealth attacks. 
C)  Rapid responses,and willingness to answer challenges. 
D)  None of the above. 
A)  Organizational structure. 
B)  Use of stealth attacks. 
C)  Rapid responses,and willingness to answer challenges. 
D)  None of the above.

Question 2

​All countries treat incumbents who fix prices and raise entry barriers to new entrants as engaging in antitrust actions.

Accepted Answer

A) True 
 B)False

Question 3

The three drivers of counterattacks do not include:

Accepted Answer

A)  Awareness. 
B)  Vengeance. 
C)  Capability. 
D)  Motivation. 
A)  Awareness. 
B)  Vengeance. 
C)  Capability. 
D)  Motivation.

Question 4

The text points out that modern ideas of strategy,pioneered by Michael Porter,have turned IO economics "on its head." Although IO economics attempts to prevent any firm from gaining sustained competitive advantage,the very purpose of strategy is to gain a sustainable advantage.Is that good or bad?

Accepted Answer

There may be various views expressed in

Question 5

​Predatory pricing is more than just setting prices below cost.To qualify,it must:

Accepted Answer

A)  ​Take place in a market with numerous rivals. 
B)  ​Be anti-consumer in outcome. 
C)  Be followed by a price increase after rivals are eliminated. 
D)  ​None of the above. 
A)  ​Take place in a market with numerous rivals. 
B)  ​Be anti-consumer in outcome. 
C)  Be followed by a price increase after rivals are eliminated. 
D)  ​None of the above.

Question 6

Market commonality may lead to tacit collusion.

Accepted Answer

A) True 
 B)False

Question 7

​Firm A indirectly coordinates a limit on price increases on its products that compete with Firm B's products.Firm A is engaging in:

Accepted Answer

A)  ​Tacit collusion. 
B)  ​Explicit collusion. 
C)  ​A prisoner's dilemma. 
A)  ​Tacit collusion. 
B)  ​Explicit collusion. 
C)  ​A prisoner's dilemma.

Question 8

​Complexity and unpredictability are not helpful in dealing with firms' attacks and counterattacks.

Accepted Answer

A) True 
 B)False

Question 9

​According to game theory,two competitors who have agreed to cooperate no longer have incentive to cheat.

Accepted Answer

A) True 
 B)False

Which of the following will enable a firm to be competitive even if there is a lack of top management commitment and employee involvement?

All countries treat incumbents who fix prices and raise entry barriers to new entrants as engaging in antitrust actions.

The three drivers of counterattacks do not include:

The text points out that modern ideas of strategy,pioneered by Michael Porter,have turned IO economics "on its head." Although IO economics attempts to prevent any firm from gaining sustained competitive advantage,the very purpose of strategy is to gain a sustainable advantage.Is that good or bad?

Predatory pricing is more than just setting prices below cost.To qualify,it must:

Market commonality may lead to tacit collusion.

Firm A indirectly coordinates a limit on price increases on its products that compete with Firm B's products.Firm A is engaging in:

Complexity and unpredictability are not helpful in dealing with firms' attacks and counterattacks.

According to game theory,two competitors who have agreed to cooperate no longer have incentive to cheat.

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Diversifying, acquiring, and Restructuring

Strategizing, structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

Exam 8: Managing Global Competitive Dynamics

Which of the following will enable a firm to be competitive even if there is a lack of top management commitment and employee involvement?

​All countries treat incumbents who fix prices and raise entry barriers to new entrants as engaging in antitrust actions.

The three drivers of counterattacks do not include:

The text points out that modern ideas of strategy,pioneered by Michael Porter,have turned IO economics "on its head." Although IO economics attempts to prevent any firm from gaining sustained competitive advantage,the very purpose of strategy is to gain a sustainable advantage.Is that good or bad?

​Predatory pricing is more than just setting prices below cost.To qualify,it must:

Market commonality may lead to tacit collusion.

​Firm A indirectly coordinates a limit on price increases on its products that compete with Firm B's products.Firm A is engaging in:

​Complexity and unpredictability are not helpful in dealing with firms' attacks and counterattacks.

​According to game theory,two competitors who have agreed to cooperate no longer have incentive to cheat.

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Diversifying, acquiring, and Restructuring

Strategizing, structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

All countries treat incumbents who fix prices and raise entry barriers to new entrants as engaging in antitrust actions.

Predatory pricing is more than just setting prices below cost.To qualify,it must:

Firm A indirectly coordinates a limit on price increases on its products that compete with Firm B's products.Firm A is engaging in:

Complexity and unpredictability are not helpful in dealing with firms' attacks and counterattacks.

According to game theory,two competitors who have agreed to cooperate no longer have incentive to cheat.