A) except for a few stable industries, strategy initiatives do not provide sustainable competitive advantage. B) hypercompetition is rare. C) it is enough to gain competitive advantage by being the lowest cost competitor. D) the theory of hypercompetition is not supported by any research. E) the American home appliance industry was immune to hypercompetition. A) except for a few stable industries, strategy initiatives do not provide sustainable competitive advantage. B) hypercompetition is rare. C) it is enough to gain competitive advantage by being the lowest cost competitor. D) the theory of hypercompetition is not supported by any research. E) the American home appliance industry was immune to hypercompetition.

Exam 6: Strategy Formulation: Situation Analysis and Business Strategy

A corporation's specific competitive role which is so well-suited to the firm's internal and external environment that other corporations are NOT likely to challenge or dislodge it.

(Multiple Choice)

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Question 41

Discuss competitive strategy differences between a fragmented and a consolidated industry.

(Essay)

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Question 42

Orphagenix, a small biotech firm, avoids head-to-head competition with large pharmaceutical companies by developing orphan drugs to target diseases that affect fewer than 200,000 people. This is an example of which of Porter's generic strategies?

(Multiple Choice)

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Question 43

Business strategy focuses on

(Multiple Choice)

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Question 44

When P&G (the maker of Folgers and Millstone coffee) worked with Mr. Coffee, Krups, and Hamilton Beach to market Home Café, they engaged in a

(Multiple Choice)

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Question 45

What are the types of alliances that businesses can engage in?

(Essay)

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Question 46

Which of the following is NOT one of the risks of the focus strategy?

(Multiple Choice)

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Question 47

What are cooperative strategies?

(Essay)

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Question 48

Discuss the reasons a firm may form a strategic alliance.

(Essay)

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Question 49

The focus strategies will likely predominate when many small and medium sized local companies compete for relatively small shares of the total market in a(n)

(Multiple Choice)

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Question 50

What are the three generic competitive strategies that Porter promotes as the means for outperforming other corporations in a particular industry?

(Multiple Choice)

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Question 51

Walmart, as a discount retailer, is an example of a company following which of Porter's competitive strategies?

(Multiple Choice)

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Question 52

SO strategies attempt to take advantage of opportunities by overcoming weaknesses.

(True/False)

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Question 53

The kind of strategic alliance in which a company forms a strong and close long-term relationship for mutual advantage with a key supplier or distributor is the

(Multiple Choice)

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Question 54

Alliances take more financial resources and involve more risk than do acquisitions and going it alone.

(True/False)

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Question 55

According to D'Aveni

(Multiple Choice)

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Question 56

Based on the eight dimensions of quality discussed in the text, serviceability is defined as the product's ease of repair.

(True/False)

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Question 57

A secret salary cap was the contention in a 2012 collusion lawsuit filed against

(Multiple Choice)

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Question 58

According to Barney, under which condition would tacit collusion most likely be successful?

(Multiple Choice)

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Question 59

The particular capabilities and resources a firm possesses and the superior way in which they are used is called

(Multiple Choice)

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Question 60

Showing 41 - 60 of 104

A corporation's specific competitive role which is so well-suited to the firm's internal and external environment that other corporations are NOT likely to challenge or dislodge it.

Discuss competitive strategy differences between a fragmented and a consolidated industry.

Orphagenix, a small biotech firm, avoids head-to-head competition with large pharmaceutical companies by developing orphan drugs to target diseases that affect fewer than 200,000 people. This is an example of which of Porter's generic strategies?

Business strategy focuses on

When P&G (the maker of Folgers and Millstone coffee) worked with Mr. Coffee, Krups, and Hamilton Beach to market Home Café, they engaged in a

What are the types of alliances that businesses can engage in?

Which of the following is NOT one of the risks of the focus strategy?

What are cooperative strategies?

Discuss the reasons a firm may form a strategic alliance.

The focus strategies will likely predominate when many small and medium sized local companies compete for relatively small shares of the total market in a(n)

What are the three generic competitive strategies that Porter promotes as the means for outperforming other corporations in a particular industry?

Walmart, as a discount retailer, is an example of a company following which of Porter's competitive strategies?

SO strategies attempt to take advantage of opportunities by overcoming weaknesses.

The kind of strategic alliance in which a company forms a strong and close long-term relationship for mutual advantage with a key supplier or distributor is the

Alliances take more financial resources and involve more risk than do acquisitions and going it alone.

According to D'Aveni

Based on the eight dimensions of quality discussed in the text, serviceability is defined as the product's ease of repair.

A secret salary cap was the contention in a 2012 collusion lawsuit filed against

According to Barney, under which condition would tacit collusion most likely be successful?

The particular capabilities and resources a firm possesses and the superior way in which they are used is called

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Internal Scanning and Organizational Analysis

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing for Action

Strategy Implementation: Staffing and Directing

Evaluation and Control

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