A(n) ________ is best described as the strategic option that top managers decide most closely matches the current reality and which is then executed.

The difference between the price charged for a product and the cost to manufacture it is referred to as the

The ‘blurred’ effect on the outer edges of an image is termed:

Riya has recently started a restaurant in a commercial area that already has many other established restaurants and popular fast-food chains. Riya owns the building in which her restaurant is located, rather than leasing premises as her competitors do. This factor allows her to offer her products at a more competitive price. Riya has also invested a huge amount in designing the restaurant’s interior and in equipping the kitchen with the appliances that are most widely used in her industry. In this scenario, which of the following is the most valuable resource for Riya’s business?

A firm will fail to create a sustained competitive advantage when the

A firm’s resistance to changes in the status quo is referred to as

According to the agency theory,

Which of the following stages in the AFI strategy framework involves designing a business, corporate, and global strategy?

Peerless Inc., a large conglomerate, wants to liquidate its business in certain industries to improve its overall profitability. Which of the following industries would Peerless Inc. find it most difficult to exit?

Which of the following is an advantage of the balanced-scorecard?