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By linking companies with their suppliers, distributors, and customers, __________ provide a company with flexibility.

When firms use core competencies to implement value-creating strategies, they are answering the “__________” question.

All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms is that they:

The new generation of lunch trucks serving high-end fare in cities such as New York, San Francisco, and Los Angeles share which of the following business strategies?

Decisions to expand a firm’s portfolio of businesses to reduce managerial risk can have a positive effect on the firm’s value

Product quality dimensions in which customers commonly express an interest include performance, features, conformance, and aesthetics

Even if the effects of a competitor’s strategic action on the focal firm are significant (e.g., loss of market share), little response is likely from that firm

Revenues for United Parcel Service (UPS) are derived from the following business segments: 60 percent from U.S. package delivery operations, 22 percent from international package delivery, and 18 percent from non-packaging operations. The best description of the corporate-level strategy of UPS is unrelated diversification

Compared with related constrained firms, related linked firms share fewer resources and assets between their businesses, concentrating instead on transferring knowledge and core competencies between the businesses

All of the following are considered generic business-level strategies EXCEPT: