Incorrect Question 23 0 / 4 pts 23. In the airline industry, airplanes would be considered to be in the category of resources. (c3) Tangible Valuable Capital Intangible Core Competency Incorrect Question 26 0 / 4 pts 26. Which of the four major types of competencies deals with a situation where the company can be hurt very badly (perhaps even risking going out of business), relatively quickly? (03) Incompetency Intanglibe Competency Deficiency Incontenence Core Competency Incorrect Question 28 0/4 pts 28. All of the following are like to be "costly-to- imitate" capabilities EXCEPT - (03) the company's financial focus on preferred equity instead of debt none of these are costly to imitate unique historical conditions that existed when the company began social complexity of the relationships among the employees of the company the reputation of the company as a reliable supplier Incorrect Question 30 0 / 4 pts 30. Cruise line companies like Royal Caribbean Group were hurt badly by the "no-sail order" imposed by the U.S. government near the start of the Covid pandemic. When this order was put in place, a number of cruise companies suddenly found themselves very close to bankruptcy because of their relatively poor financial liquidity prior to the pandemic. The low level of liquidity in this situation might best be described as a (03) ve Distinctive Competency Deficiency None of these Incompetency Core Competency Incorrect Question 31 0 / 4 pts 31. Since the beginning of 2021, the U.S. has seen a significant increase in inflation. When the costs of supplies increase in an industry, a company using the cost leadership strategy . (04) will be unable to absorb higher costs because cost leaders operate on very narrow profit margins. may be the only firm able to pay the higher supply chain prices and continue to earn average or above-average returns. must move to competing with rivals on the basis of product features. is more likely to pass along cost increases to its customers than its competitors none of these Incorrect Question 32 0 / 4 pts 32. Which level of strategy is focused primarily on how to compete to gain a competitive advantage within a given industry? (c4) Functional-level Corporate-level Global-level None of these Business-level