One of the main lessons from the Chapter 5 case comparing Google and Microsoft and measuring overall firm performance is that:
A) Competitive performance differences should be measured by using a variety of evaluation tools.
B) Qualitative measurements are superior to quantitative measurements when evaluating firm differences.
C) Management should utilize just a few measurement tools in order to get exact information when evaluating firm differences.
D) The type of measurement tool used by management is dependent on which area of the firm is being measured.
Correct Answer:
Verified
Q1: The balanced-scorecard approach to assessing competitive advantage
Q2: When crafting strategy under an economic value
Q3: Competitive advantage and firm strategy are best
Q4: Qualitative dimensions such as a firm's environmental
Q6: An important feature of the triple-bottom-line approach
Q7: When using accounting profitability data to assess
Q8: Macroeconomic factors such as unemployment levels can
Q9: When measuring competitive advantage under the economic
Q10: When a firm evaluates its performance utilizing
Q11: The balanced scorecard helps a firm formulate
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