What Separates a Powerful Strategy from a Run-Of-The-Mill or Ineffective

question 36

Multiple Choice

What separates a powerful strategy from a run-of-the-mill or ineffective one is:

• A) the ability of the strategy to keep the company profitable.
• B) the proven ability of the strategy to generate maximum profits.
• C) the speed with which it helps the company achieve its strategic vision.
• D) management's ability to forge a series of actions,both in the marketplace and internally,that sets the company apart from rivals,and produces sustainable competitive advantage.
• E) whether it allows the company to maximize shareholder value in the shortest possible time.

Understand the concepts of comparative advantage, factor endowments, and how they influence trade dynamics.

Identify and explain the impact of government policies on trade, including subsidies, import restrictions, and export encouragements.

Explain the economic implications of dumping and anti-dumping measures.

Discuss the role of economic integration in promoting international trade.

---

Definitions:

Cold War

A period of geopolitical tension between the Soviet Union and the United States and their respective allies from the late 1940s to the early 1990s, characterized by mutual suspicion, ideological conflicts, and a race for military and technological superiority.

America's Image

The perception or representation of the United States as viewed by its citizens and the global community.

Martin Luther King Jr.

An influential American civil rights leader known for his advocacy for nonviolent protest against racial discrimination during the 1950s and 1960s.

Rosa Parks

An African American civil rights activist known for refusing to give up her bus seat to a white person in Montgomery, Alabama, in 1955, an act that sparked the Montgomery Bus Boycott.