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Economies of scope refer to the benefits of offering multiple products and services (instead of only one).

Anthony (2012) describes some advantages large firms have with respect to innovation. Which of the following is NOT one of these advantages?

Which of the following does NOT explain the relationship between internationalization and innovation?

Acquisition premiums ________.

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.