Once established, competitive advantage is
A) relatively stable over time.
B) subject to erosion by competitors or entrants.
C) a firm's reward for leading the industry.
D) easily maintained unless entry barriers are high.
Correct Answer:
Verified
Q24: "Strategic innovation" means introducing
A)new products.
B)new markets.
C)new technologies.
D)all
Q25: Is it easy for Sears Holdings (Kmart)to
Q26: "Strategic innovation" involves
A)limitless financial and organizational resources.
B)spending
Q27: To successfully imitate the strategy of another
Q28: Rivals can be pre-empted from entering a
Q30: The development of "collateralized debt obligations", by
Q31: Isolating mechanisms are
A)barriers that slow or stop
Q32: Causal ambiguity and uncertain imitability are
A)two academic
Q33: Cost leadership means a firm must
A)exploit all
Q34: To imitate the competitive advantage of another
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