In Determining the Success and Failure of Firms Around the Globe

question 67

Multiple Choice

In determining the success and failure of firms around the globe, strategic managers will look at :

• A)​How to acquire, leverage, and sustain competitive advantage over time.
• B)​A comparative analysis of industry-based, resource-based, and institution-based practices.
• C) ​How to best standardize a firm's products and services on a worldwide basis.
• D) ​A standardized balanced scorecard across industries.

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Definitions:

Rescorla

Associated with the Rescorla-Wagner model of classical conditioning, focusing on the strength of associations between conditioned and unconditioned stimuli.

Phobias

Intense, irrational fears of specific objects, activities, or situations that lead to a desire to avoid them.

Classical Conditioning

The practice of learning by frequently pairing two stimuli together; a response first provoked by the second stimulus is later provoked by the first stimulus without the second.

Conditioned Emotional Response

An emotional reaction acquired through classical conditioning, where a previously neutral stimulus is paired with an emotionally charged stimulus.