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Pablo is part of a sales team. He effectively coordinates his tasks with others in the team and willingly contributes to their efforts in achieving the team’s objectives. Thus, Pablo is in________ of the Level-5 leadership pyramid.

Competitors have found it extremely difficult to imitate Gene Electronics’ valuable resources, capabilities, or competencies. This is primarily because the source for the company’s success has been unclear. The competitors are uncertain if Gene Electronics’ success is due to its strong leadership, the skills of its research and development team, or the timing of the company’s product introductions. Gene Electronics has been protected from losing its competitive advantage as a result of

Both Medical Manufacturing and R&D Health Inc. have developed advanced hearing aid technologies. R&D’s hearing aids sell at $4,000 per pair, whereas Medical Manufacturing sells its hearing aids at $3,500 per pair. This price differentiation has mainly been attributed to the companies’ capital decisions. While Medical Manufacturing used its retained earnings to develop its technology, R&D Health borrowed funds from banks to develop its hearing aids. Thus, R&D pays a higher interest on its capital, which makes it necessary to price its product higher. Therefore, the key driver for Medical Manufacturing’s competitive advantage is

Strategic leadership refers to the use of power and influence by________ to direct the activities of others when pursuing an organization’s goals.

The government of Monterro has mandated that all companies with 25 or more employees must provide group health insurance. Which of the following factors in a firm’s general environment does this mandate best indicate?

What do strategy scholars believe is the result of executives’ pursuit of strategies that define value creation too narrowly in public stock companies?

Open Window, a brand well known for producing vinyl and aluminum window blinds, introduced a new range of faux-wood shutters and vertical blinds a few years ago. Because most of its products could be produced using the same resources and technology, the company’s cost structure lowered, while its product portfolio widened. In this scenario, which of the following value and cost drivers is Open Window applying?

Khaled, a manager, is writing an analysis of his employer’s current and possible future revenues. Which of the following could he identify as an economic factor in his firm’s external general environment?

Matteo is a management consultant. The leaders of Office Outfitters asks him to evaluate their company, and he finds that the difference between the cost of producing the firm’s products and the value of those products is extremely narrow. What should Matteo suggest that Office Outfitters management do?

In the five forces model developed by Michael Porter,________ is not defined narrowly as a firm’s closest competitors but rather more broadly to include other factors in an industry, such as buyers, suppliers, the potential new entry of other firms, and the threat of substitutes.