A competitive advantage:
A) Can be permanent if the firm has successfully implemented the strategic management process
B) Entails reducing investors' risk to near zero
C) Can be identified only if it has been unsuccessfully challenged by competitors
D) Exists when competing firms are unable to find investors
Correct Answer:
Verified
Q27: Strategic creation is always about change.
Q28: Strategic thinking is an activity that:
A) Involves
Q29: In order to cope with hypercompetition,firms need
Q30: The strategic management process is:
A) A set
Q31: Strategic formation involves:
A) Managers organizing their strategizing
Q33: Strategic change,a necessary aspect of strategy,requires managers
Q34: The strategic leader's work is characterized by:
A)
Q35: The strategy context is:
A) The external environment
Q36: Strategic thinking involves organizations embracing the past,present
Q37: The ability to effectively and efficiently access
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