a. Flexibility
b. Speed
c. Innovation
D. ALL OF THESE OPTIONS ARE CORRECT - ACCURATE ANSWERS Managers must adopt a new mind-set that values ___________ and the challenges that evolve from constantly changing conditions.
a. the industry's structural characteristics have little impact on a firm...
a. Flexibility
b. Speed
c. Innovation
D. ALL OF THESE OPTIONS ARE CORRECT - ACCURATE
ANSWERS✔✔ Managers must adopt a new mind-set that values
___________ and the challenges that evolve from constantly changing
conditions.
a. the industry's structural characteristics have little impact on a firm's
performance over time.
b. each firm is a unique collection of resources and capabilities.
C. CAPABILITIES ARE HIGHLY MOBILE ACROSS FIRMS.
d. differences in resources and capabilities are the basis of competitive
advantage. - ACCURATE ANSWERS✔✔ All of the following are
assumptions of the resource-based model EXCEPT:
a. RNH has earned above-average returns and so has satisfied the needs
of all relevant stakeholders.
b. RNH has been attempting to minimally satisfy the demands of all its
stakeholders.
C. RNH HAS PRIORITIZED THE DEMANDS OF CAPITAL
MARKET STAKEHOLDERS AND ORGANIZATIONAL
, STAKEHOLDERS OVER THE DEMANDS OF PRODUCT MARKET
STAKEHOLDERS.
d. RNH has been earning below-average returns, so it has had to
prioritize the demands of its various stakeholders. - ACCURATE
ANSWERS✔✔ Refuge Nursing Homes, Inc., (RNH) has been highly
profitable in the past 10 years, providing its investors higher returns than
those earned by its direct competitors' investors. RNH has a reputation
for providing high-paying managerial and hourly-employee jobs.
However, recent investigations have revealed that the nursing home
residents have been provided substandard care, including non-nutritious
and unappetizing meals, non-functional medical equipment, and
inadequate patient-care staffing. Which statement best describes the
situation?
a. their single-minded focus on strategy information.
B. THEIR CAPABILITIES AND ACCUMULATION OF HUMAN
CAPITAL OVER TIME.
c. their aptitude for strategy implementation
d. their focus on innovation - ACCURATE ANSWERS✔✔ Effective
strategic leaders are chosen based on:
a. mission
b. tactic
C. STRATEGY
d. goal - ACCURATE ANSWERS✔✔ A ______________ is an
integrated and coordinated set of commitments and actions designed to
exploit core competencies and gain a competitive advantage
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