To be strategically flexible on a continuing basis and to gain the competitive benefits of such flexibility, a firm has to develop the capacity to:
A) understand customer needs
B) learn
C) work closely with suppliers
D) observe competitors carefully
Correct Answer:
Verified
Q20: A strategy is a coordinated set of
Q21: Returns are often measured by:
A)the level of
Q22: Which of the following is not a
Q23: Determining the boundaries of an industry has
Q24: Which of the following are the three
Q26: Which of the following is not a
Q27: A firm has a competitive advantage when:
A)the
Q28: The I/O model argues that:
A)internal resources and
Q29: The resource-based model of the firm contends
Q30: A business-level strategy describes a firm's actions
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents