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Please answer the following multiple choice questions. Thank you Question 6 (1 point) Tacktic is a scheme for a specific maneuver. Which of the following
Please answer the following multiple choice questions. Thank you
Question 6 (1 point) Tacktic is a scheme for a specific maneuver. Which of the following represents the overall plan for deploying resources in order to establish a favorable position? Q objectives Question 7 (1 point) The sequence of choices and analyses that can help increase the chances of a firm choosing a strategy that will generate a competitive advantage is known as the ( l. O organizational change process. 0 strategy development process. 0 mission statement process. Q goal setting process. Question 8 (1 point) Which of the following is conducted by a firm in order to identify the critical opportunities and threats that are present in its competitive environment? Q internal analysis 0 competitive analysis 0 external analysis 0 economic analysis Question 9 (1 point) A firm that is capable of creating more economic value than competing firms is said to possess a(n) O comparative advantage. O competitive advantage. O strategic choice. 0 economic advantage. Question 10 (1 point) When a firm possesses a competitive advantage that lasts only a very short period of time, they are said to possess a ________ competitive advantage. O temporary O sustained O transient O perpetual Question 11 (1 point) Within the five forces framework, which of the following is NOT one of the five common threats that a firm faces from their competitive environment? 0 substitutes. O complementors. O suppliers. O buyersStep by Step Solution
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