Podcast
Questions and Answers
Strategy is a set of actions that managers take to increase their company's performance relative to ______.
Strategy is a set of actions that managers take to increase their company's performance relative to ______.
rivals
If a company's strategy does result in superior performance, that company is said to have a ______ advantage.
If a company's strategy does result in superior performance, that company is said to have a ______ advantage.
competitive
Profitability is the return that a company makes on the capital invested in the ______.
Profitability is the return that a company makes on the capital invested in the ______.
enterprise
A company's profitability is determined by the ______ its managers adopt.
A company's profitability is determined by the ______ its managers adopt.
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A company has a sustained ______ advantage when it is able to maintain above average profitability for a number of years.
A company has a sustained ______ advantage when it is able to maintain above average profitability for a number of years.
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General Managers are the ones who bear responsibility for the overall performance of the _________.
General Managers are the ones who bear responsibility for the overall performance of the _________.
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Functional managers are responsible for supervising a particular _________.
Functional managers are responsible for supervising a particular _________.
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Corporate level of management consists of the _________.
Corporate level of management consists of the _________.
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Profitability is determined by the _________.
Profitability is determined by the _________.
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Sustained competitive advantage is when a company is able to maintain above average _________.
Sustained competitive advantage is when a company is able to maintain above average _________.
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