1. ________ are inputs to production that can be accumulated over time to enhance the performance of a firm.

A) Core capabilities

B) Benchmarks

C) Strategies

D) Patents

E) Resources

2. Which of the following is a step in the strategy implementation process?

A) Evaluate competitor's resources

B) Select goals and plans

C) Complete a situation analysis

D) Define strategic risks

E) Determine alternative goals and plans

3. According to the BCG Matrix, a "star" is a company with a

A) strong competitive position in a high-growth industry.

B) low-cost strategy competing in a low-growth industry.

C) weak competitive position in a high-growth industry.

D) strong market share in a low-growth industry.

E) weak market share in a low-growth industry.

4."To fly what others only imagine" is an example of a ________.

A) strategic vision statement

B) low-cost strategy

C) mission statement

D) domain selection

E) scenario