11. Question 11 Review question: Imagine several potato farmers operate in a competitive market. Farmer Jane decides to enter the market, shifting her 500 acre farm from corn to potatoes….
9. Question 9 Several soccer (football) teams are vying for a valuable forward. They all know her stats (amazing!), previous earnings ($110K/year), and medical history (no major injuries). Additionally, each…
8. Question 8 A firm’s value proposition is its ability to both measure and improve students’ STEM (science, technology, engineering, math) performance. It developed a research-based copyrighted assessment tool and…
1. Question 1 What type of advantage does a successful brand convey? 1 / 1 point A tangible asset A cost advantage A demand advantage Internal alignment …
12. Question 12 Review question: Imagine you run a higher-end, fast food chain that emphasizes freshness. You rely on various suppliers for everything from paper goods to food products. These…
11. Question 11 Review question: How might entry impact a perfectly competitive market? 1 / 1 point Entry increases both accounting and economic profits. As an industry, prices rise. Entry…
10. Question 10 What is the primary reason a firm might sell off one of its valuable capabilities to a rival firm? 1 / 1 point Core capabilities may become core rigidities….
7. Question 7 A firm is first out with an complex new “mental input” technology that makes keyboarding obsolete on its unique platform. It is quickly building a market. Does…
6. Question 6 An e-cigarette company is acquired by a major tobacco company for $25 million. Within a year, it generates $75 million of revenue in excess of previous estimates….
5. Question 5 Which is most likely to limit a firm’s ability to build a superior capability? 1 / 1 point Lack of superior information Merging with another firm Pre-existing…
