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    Managerial Economics Study Set 1
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    Exam 8: Economics of Strategy: Creating and Capturing Value
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    Which of the Following Is Essential for the Development and Implementation
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Which of the Following Is Essential for the Development and Implementation

Question 39

Question 39

Multiple Choice

Which of the following is essential for the development and implementation of strategies by a firm?


A) An understanding of the firm's resources and capabilities
B) An understanding of the professional backgrounds of its managers
C) Investment in physical capital
D) A low tax rate

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