The Competitive Advantage Perspective That Focuses on Structural Forces Within

question 24

Multiple Choice

The competitive advantage perspective that focuses on structural forces within an industry, the competitive environment of firms, and how these influence competitive advantage is

• A) the industrial-organizational view.
• B) the resource-based view.
• C) the guerilla view.
• D) None of these answers is correct.
• E) All of these answers are correct.

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Definitions:

Close Corporation

A private company characterized by a limited number of shareholders, and typically, more informal management and operations.

State Of Incorporation

The jurisdiction under whose laws a corporation is registered and operates, determining its legal obligations and protections.

Professional Corporation

A corporate structure available to licensed professionals, like doctors or lawyers, offering certain tax and liability advantages.

Malpractice

Professional misconduct or failure to exercise adequate skill, leading to the loss or injury of a patient, client, or customer.