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test bank quiz 1 - . (Points:1...

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. A sustainable competitive advantage exists for an organization when other companies  have tried unsuccessfully to duplicate the advantage and ____.  (Points: 1)      2. those companies have, for the moment, stopped trying to duplicate the advantage    Save Answer     2. An organization is experiencing ____ when it is reluctant to change strategies or competitive  practices that have been successful in the past.  (Points: 1)      Competetive inertia: reluctance to change strategies or competitive practices that have been  successful in the past   Save Answer     3. An organization is experiencing ____ when there is a discrepancy between upper management's  intended strategy and the strategy actually implemented by the lower levels of management.  (Points: 1)      1. horizontal conflict  2. character of the rivalry  3. strategic dissonance 
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4. an organizational roadblock  5. competitive inertia    Save Answer     4. While ____ is a problem strongly associated with top managers, ____ is a problem more likely to be  associated with middle and lower-level managers.  (Points: 1)      1. competitive dissonance; strategic inertia  2. differentiation discrepancy; strategic dissonance  3. strategic inertia; competitive dissonance  4. strategic dissonance; competitive discrepancy  5. competitive inertia; strategic dissonance   Save Answer     5. Companies in the chemical industry are struggling to attract the most talented college graduates.  One of the biggest challenges facing these companies is attracting new talent to organizations with an  “old economy” image. A situational analysis would term this challenge a(n) ____.  (Points: 1)      1. internal threat  2. external opportunity 
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3. internal weakness  4. internal opportunity  5. external strength    Save Answer     6. Specialized Bicycle Components, Inc. introduced the first major production mountain bike in 1980.  Two-thirds of its profits come from the sale of mountain bikes. It is recognized worldwide for its ability 
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