As Noted in Strategy Highlight 3

question 36

Multiple Choice

As noted in Strategy Highlight 3.1,UBS is a Swiss banking institution that provided tax savings to U.S.clients until the U.S.government took action against UBS.Which of the following is true?

• A) Political factors can remove a firm's competitive advantage(s).
• B) Barriers to entry can be created through political factors.
• C) Political factors can influence a firm's ability to differentiate its product.
• D) All of these.

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Definitions:

Greenhouse Gases

Gases in Earth's atmosphere that trap heat, contributing to global warming and climate change.

Enactment

The process of bringing something into being or making it operational through action or the implementation of laws and policies.

Karl Weick

An American organizational theorist known for his work on sensemaking, organizational culture, and organizational design.

Three Stage Model

A theoretical framework that describes a process or phenomenon as occurring in three distinct phases, often related to change, development, or progression.