11. A successful competitive strategy can be achieved with inadequate resources and a lack of employee know how and capabilities.

a. true

b. false

4.

12. Which one of the following issues would not be considered a strategic emergency?

a. new foreign competition

b. slowing sales growth with no obvious explanation

c. competitor aggressive price discounting

d. competitor dropping specific lines of business

e. reputation or crisis issue

13. Which of the following is not a key component of strategy execution?

a. supportive organizational structure

b. strengthen core competencies and competitive abilities

c. Board of Directors

d. appropriate staffing