Which of the following statements are true with respect to competitive action?

Select one:

a.A competitor is likely to make more aggressive competitive actions despite have poor product quality.

b.Firms are more likely to attack rivals with whom they have low market commonality.

c.Firms that have greater resource dissimilarity are likely to be faster in responding to rivals competitive actions.

d.Late movers have higher survival rates than second or first movers.

With regard to competitive reactions to strategic actions, which of the following statements is true?

Select one:

a.Strategic actions elicit fewer total competitive responses.

b.Strategic responses are easy to implement and reverse.

c.Market-based moves require minimal commitment of resources.

d.Effectiveness of strategic actions are assessed easily and quickly.

Although takeovers may improve efficiency by replacing ineffective managerial teams, managers may reduce their own exposure with "_____________ " agreements.

Select one:

a.golden parachute

b.scorched earth

c.poison pill

d.suicide pill

Which of the following is a method by which value is created by firms using an unrelated diversification strategy?

Select one:

a.Efficient capital allocations leading to financial economies.

b.Making use of resource intangibility.

c.Sharing of core competencies

d.Transfer of know-how between separate activities with no physical or tangible resource involved.

Backward integration occurs when a company:

Select one:

a.controls both the production and distribution of its products.

b.expands its business by selling different product in numerous markets

c.owns its own source of output distribution.

d.becomes its own supplier.

Operational relatedness is created by:

Select one:

a.making use of resource intangibility.

b.the elimination of core competencies.

c.the transfer of know-how between separate activities with no physical or tangible resource involved.

d.sharing either a primary activity or a support activity.

Clear my choice

Choose the correct answer from above.