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Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next two years will outpace the previous five even though the growth of American occupancy rates has begun to slow. Which competitive force is involved in this situation?

A firm following a focus strategy must focus on

The Porter five-forces model is designed to help us understand how social attitudes and cultural values impact U.S. businesses.

The best protection for intellectual property in the long run is likely to be the development of

Technology can be used to leverage ________ and ________ within organizations as well as with customers and suppliers beyond their boundaries.

Financial analysis provides an accurate way to assess the relative strengths of firms and can be used as a complete guide to study companies.

________ are typically embedded in unique routines and practices that have evolved and accumulated over time such as effective work teams.

In the ________ stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.

Which type of competitive strategy is characterized by convincing rivals not to enter a price war, protection from customer pressure to lower prices, and the ability to better withstand cost increases from suppliers?

Social network analysis is helpful because the configuration of the group member social ties within and outside the group affects the extent to which members connect to individuals who do all of the following except