The text discusses three approaches to combining overall cost leadership and differentiation competitive advantages. These include automated and ________ manufacturing systems and the ________ of the profit pool for ________ advantage.

When an organization tries to improve cycle times in a manufacturing process, it finds far more value in problem solving shaped by the diverse experiences, perspectives, and learning of a tightly knit team than in a training manual alone. SAP uses these ________ flows to ________ competitive advantage.

Rivals would find it difficult to challenge Atlas Door in the short run because of strong ________ loyalty.

Successful organizations create________ boundaries among the________ activities as well as between the organization and its external customers, suppliers, and alliance partners.

Tying CEO pay to ________ is an effective way to ensure that companies are walking the talk when it comes to prioritizing issues such as racial inclusion.

When firms expand into global markets, they are faced with the choice of ________ costs and/or adapting to the ________ market.

In the filmmaking industry, ________ can help amortize huge developmental costs as can be seen with Frozen in which 1.3 billion USD of the total box-office take came from ________.

Many large acquisitions have been announced over the past several years which chief economist Julia Coronado of BNP Paribas suggests is a good sign that businesses are feeling ________ about the future and are looking for ways to ________ operations.

Canada and Mexico are the same distance from the United States, but trade is higher between the United States and Canada than with Mexico because ________ distance is ________ between the United States and Canada.

Industry life cycles are important because of the emphasis on ________ strategies, ________ areas, value-creating activities, and overall objectives ________ over the course of its industry life cycle.