Question 6 1 pts Sally follows James’s hamburger restaurant by starting her own on the other side of town. This is a form of _____________.

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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