Author: Anonymous

For the next four questions, select one of the following four answers, corresponding to four criteria of sustainable competitive advantage. Select the answer that is BEST described. Use each term only once.

Walker (2018) argued that firms sometimes fail to acquire the rights to the intellectual property used by the firms they acquire.

When examining Ramachandran, Manikandan, and Pant’s (2013) article, we also considered transition economies. Which of the following is true of transition economies?

Ikea and Southwest illustrate that competitive advantages tend to be based entirely on a single resource or capability.

According to the Ernst and Young Quarterly (2020) article, which of the following is a likely long-term consequence of the COVID-19 pandemic?

For the next four questions, select one of the following four answers, corresponding to Porter’s Diamond Model of National Advantage. Select the answer BEST described. Use each term only once.

Abrami, Kirby, and McFarlan (2014) and Devine and Holmes (2020) discuss the importance of regulations in an economy. Which of the following is NOT true of regulations?

Which of the following is true of niche (i.e., focus) strategies?

The Das Auto video described British Leyland, which was a centerpiece of the United Kingdom’s last efforts to save its automobile industry. Large, state-subsidized firms like British Leyland ________.

The Das Auto video illustrates that German automakers have been successful in foreign markets. Much of the success is due to the consumer preferences, labor practices, and (innovation) strategies that are common in Germany. This example is consistent with the basic premise of Porter’s Diamond.