Microorganisms that live within or on us normally are collectively called ________.

You are the CEO of a major tech corporation and are evaluating the company’s internal and external environment to set the strategy for next quarter. You have evaluated the internal strengths and weaknesses, as well as the organization’s external threats. What is most likely the outcome?

Southern Goods has been producing their most popular brands of chips and cookies for years now with excellent growth and customer satisfaction. Southern Goods usually outsells most brands because of its great flavor and relatively cheap price. This year, one of their competitors signed an exclusive deal with a supplier, forcing Southern Goods to find a new supplier and raise prices. Which SWOT factor is impacting Southern Goods?

Starbucks first opened in Seattle, Washington, as a coffeehouse that stressed both financial and social goals. They have since grown to become the largest coffeehouse company in the world with thousands of stores across many counties. The phrase _______________. “to inspire and nurture the human spirit–one person, one cup and one neighborhood at a time” associated with Starbucks is a good example of a(n) _______________.

Strategic management involves the utilization or planned allocation of resources to implement major initiatives taken by__________ on behalf of the __________ to improve performance of firms in an environment.

To limit the temptation to participate in questionable and/or dishonorable activities, firms should use the framework of corporate __________ in their process when developing and implementing their strategies.

According to resource-based theory, organizations that own “strategic resources” have important competitive advantages over organizations that do not. A resource is strategic to the extent that it follows the VRIO framework. Which of these scenarios for BMW does not align with the VRIO framework?

Coca-Cola, a leader in the carbonated soft drink industry since 1892, has a long history of exclusive contracts with universities and theme parks, preventing competitors from entering these populated locations. They also have established a strong supply chain by acquiring bottlers over the years, allowing them to control quality and costs. Which of the isolating mechanisms BEST describes how Coke has established and maintained competitive advantage?

This year’s annual review meeting, which includes the company CEO and CFO, was held last Friday. James was responsible for demonstrating how the company is performing compared to competitors in terms of profit margin, debt ratio, and market capitalization. By using these ratios, what did James utilize?

Which of the following would not be considered part of a differentiation strategy?