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According to the five forces model, an unattractive industry would include all of the following characteristics EXCEPT:

Compared to tangible resources, intangible resources are:

Because firms combine tangible and intangible resources to create capabilities:

Suppliers are powerful when:

The corporate research division of Siemens files, on average, 25 patents a day.  The patents are a(n) __________ resource.

For a restaurant business dependent on drive-thru customers, the major cost disadvantage independent of scale would be if:

__________ provides the firm with new and up-to-date skill sets, which allow it to adapt to its environment as it encounters changes.

Innovation, consumer understanding, brand-building, go-to-market, and scale are activities that P&G performs well and are examples of the company’s:

According to the five forces model, an attractive industry would have all of the following characteristics EXCEPT:

Knowledge transfer and access to resources the firm does not own but needs to complete activities within the value chain are enhanced by: