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Question 61 pts
Sally follows James’s hamburger restaurant by starting her own on the other side of town. This is a form of _____________.
second movers
followers
non-leaders
market movers
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Question 71 pts
James’s Hamburger Restaurant had financial gains from an asset or capability that are in excess of the ordinary returns in that industry. This is called a ______________.
extraordinary asset
venture capabilities
good business decision
economic rents
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Question 81 pts
The strategy of a company is _________________.
simple
complex
varied
convoluted
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Question 91 pts
A focus differentiation strategy revolves around:
Knowing all your potential customers
A consistent set of activities
Establishing measureable goals
Making the capability valuable
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Question 101 pts
The cash flow statement measures cash flow on:
An annual basis
An accrual basis
A cash basis
A normalized basis
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