Strategy Is About Competing Differently Than Rivals; Thus, Strategy Success

question 94

Multiple Choice

Strategy is about competing differently than rivals; thus, strategy success is about

• A)the sources of sustained advantages and superior profitability.
• B)those emergent, unplanned, reactive, and adaptive plans that are more appropriate than deliberate or intended ones that drive the realized strategy.
• C)matching internal resources and capabilities to the industry environment.
• D)keeping the firm current with the rapid pace of change in the industry.
• E)replacing proactive and reactive measures by modified ongoing strategic elements to preserve company values.

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Definitions:

Bus

A large motor vehicle designed to carry multiple passengers, commonly used for public transportation.

White Person

An individual belonging to a racial group characterized mainly by a light complexion; often associated with people of European descent.

Homer Plessy

The plaintiff in the landmark 1896 U.S. Supreme Court case Plessy v. Ferguson, which upheld racial segregation laws for public facilities under the doctrine of "separate but equal."

Louisiana

A state located in the southern part of the United States, known for its diverse cultures, history, and the city of New Orleans, a major site for Mardi Gras and jazz music.