MGT MGT MISC Chapt 1_5 multiple choice mgt (MGTMISC)

Chapter 3 – The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

MGT MGT MISC Chapt 1_5 multiple choice mgt 1. According to the Chapter 1 Opening Case, Borders did not d. all of these answers are correct. 2. A firm has achieved ____ when it successfully formulates and implements a value-creating strategy. d. legal and ethical core values 3. A competitive advantage c. can be identified only if it has been unsuccessfully challenged by competitors. 4. Above-average returns are d. returns in excess of what an investor expects to earn from other investm...