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Dynamic capabilities are especially relevant for surviving and competing in markets that

In an industry, the threat of entry is high when

In which of the following situations is the power of suppliers high in an industry?

According to an evaluation using the VRIO framework, Crocs Shoes was unable to sustain its competitive advantage primarily because its products were

Value chain analysis consists of systematically analyzing a firm’s key activities that for analysis purposes are categorized into two groups:

In strategic management, strategists engage in three pillars. Which of the following is not one of these three pillars?

Three large firms dominate the telecommunication industry of CallsRUs: TeleFone Inc., Cell Comm Corp., and Talk Now Inc. Instead of cutting prices competitively, these firms have resorted to non-price competition through branding and product differentiation. Which of the following industry competitive structures are these companies most likely in?

Competitive rivalry based solely on ________ is destructive to firms as it transfers most of the value created in the industry to the customers.

Economies of scale are cost advantages that accrue for firms with

How do strong ethical values benefit a firm?