Hypercompetition Study guides, Class notes & Summaries

Strategy correct answers an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Core Competencies correct answers unique capabilities of a firm that service as a source of competitive advantage for a firm over its rivals. Strategic competitiveness correct answers achieved when a firm successfully formulates and implements a value-creating strategy Competitive advantage correct answers achieved when a firm's cu...

MAN 4720 Exam 1 Questions And Answers Already Passed A firm has achieved ______ when it successfully formulates and implements a value-creating strategy. strategic competitiveness A competitive advantage: can be identified when competitors are unable to duplicate or find it too costly to try to imitate. Above-average returns are; returns in excess of what an investor expects to earn from other investments with a similar level of risk. The strategic management process is the formu...

Strategic Competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy Strategy - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage - when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above average returns - returns in excess of what an investor e...

All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - d Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching costs. d. overcome the perishability of the hotel "product." - c. in...

Strategic Competitiveness correct answers is achieved when a firm successfully formulates and implements a value creating strategy strategy correct answers is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage above average returns correct answers are returns in excess of what an investor expects to earn from other investments with a similar amount of risk risk correct answers is an investors uncertainty ab...

MAN 4720 Quiz 1 Latest Update with Verified Solutions Which of the following could be a definition of strategic competitiveness? a. The ability of a firm to outperform its rivals by forming and executing a strategy that creates value for its stakeholders b. A solid company with predictable sales and profitability every year, delivering predictability for its shareholders c. A start-up company with an innovative new product that changes an industry d. The status of a company with th...

A firm has achieved ______ when it successfully formulates and implements a valuecreating strategy. : strategic competitiveness A competitive advantage: : can be identified when competitors are unable to duplicate or find it too costly to try to imitate. Above-average returns are; : returns in excess of what an investor expects to earn from other investments with a similar level of risk. The strategic management process is : the formulation and implementation of a full set of commitm...

Strategy correct answers an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Core Competencies correct answers unique capabilities of a firm that service as a source of competitive advantage for a firm over its rivals. Strategic competitiveness correct answers achieved when a firm successfully formulates and implements a value-creating strategy Competitive advantage correct answers achieved when a firm's cu...

WPC 480 midterm Exam Questions And Answers 100% Solved 2024/2025 All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - answerd Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching cost...

WPC 480 midterm Exam Questions And Answers 100% Solved 2024/2025 All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - answerd Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching cost...