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When the bargaining power of suppliers and buyers is high, companies in the industry will ____.
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Which of the adaptive strategies tends to result in the poorest performance?
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Specialized Bicycle Components, Inc. introduced the first major production mountain bike in 1980. Two-thirds of its profits come from the sale of mountain bikes. Specialized bikes have a large share of a fast-growing market. According to the BCG matrix, specialized mountain bikes would be classified as ____.
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Specialized Bicycle Components, Inc. introduced the first major production mountain bike in 1980. Since then, the company has maintained a technological leadership in the production of bike and bike accessories and an organizational culture that encourages innovation. Technological leadership, as well as its organizational culture, are the company's ____.
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From a competitive standpoint, ____ means that the strategic actions your company takes can probably be matched by your direct competitors.
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The ____ is a portfolio strategy that managers use to categorize their corporation's businesses by growth rate and relative market share. This strategy helps them to decide how to invest corporate funds.
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Companies that succeed are often constantly re-examining strategies or competitive practices that have been successful in the past in order to ascertain their probable future success.
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McDonald's uses a ____ strategy (a kind of grand strategy) as it increases its profits in France by offering uniquely French products such as Croque McDo, the McDonald's version of a popular French grilled sandwich.
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The term ____ refers to the overall organizational strategy that addresses the question "What business or businesses are we in or should we be in?"
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The two factors that determine the extent to which firms will be in direct competition with each other are market commonality and resource similarity
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