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Strategy is fundamentally concerned with explaining differences in the ___ of firms A. Size B. Profitability C. Growth rate D. Managerial structures...

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Strategy is fundamentally concerned with explaining differences in the ___ of firms A. Size B. Profitability C. Growth rate D. Managerial structures According to the reading, a firm has a competitive advantage when A.It charges higher prices than its competitors B.Its stock price rises over time C. It has a greater market share than rivals D. It achieves a greater difference between willingness to pay and cost than rivals E.All of the above Suppliers' opportunity cost (TRUE OR FALSE) A.Is not the same as supplier actual costs, although they frequently track eachother closely B. Is defined as the average price a supplier receives across all its buyers C.Depends on other possible uses of the good or service supplied by the supplier An individual s willingness to pay for a good or service is always equal to price paid by that individual (TRUE OR FALSE) The total value created in the Harnischfeger example is equal to: A.The difference between International paper s willingness to pay and suppliers' opportunity cost B.The sum of the supplier s opportunity cost and International paper s willingness to pay C.The difference between International Paper s price paid and Harnischfeger s actual costs D. Price times quantity sold in the market A firm's added value is unrelated to the value actually captured by that firm. (TRUE OR FALSE) With Kranco entering the game with the same added value as Harnischfeger, Harnischfeger s added value A.equals zero B.Is less than before, but greater than zero C.Is equal to its price minus its cost D. Is indeterminate According to Porter in the article "The Five Competitive Forces that Shape Strategy", the structure of an industry drives(TRUE OR FALSE) The industry life cycle (mature vs. emerging industry) The rate of technological change Long-term profit opportunities The intensity of competition The gap between prices and costs
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This question was asked on Jan 23, 2013.

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