1 points

QUESTION 4

• Who describes the competition among companies as a process of creative destruction?

		Joseph Schumpeter
		Michael Porter
		Henry Maxwell
		Frederick Taylor

1 points

QUESTION 5

• Understanding competition, its__________, and its implications for ___________is a major component of any core strategy course.

		unique standards, values
		ethics, net margin
		detectors, practice
		determinants, profitability

1 points

QUESTION 6

• The concept of competitive advantage is temporarily based on the premise of ____________.

		obsolete competition
		hypercompetition
		creative destruction
		industry structure