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Question
Late movers are those firms that:
a. respond to a competitive action a significant amount of time after the first mover's action and the second mover's response.
b. respond to a first mover's competitive action often through imitation or a move designed to counter the effects of the action.
c. take an initial competitive action (either strategic or tactical).
d. typically achieve higher-than-average returns because they can imitate the most efficient actor.
Answer
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Related questions
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a. True
b. False
Q:
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Capabilities of an organization emerge spontaneously through the interaction of tangible and intangible resources.
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Valuable capabilities allow the firm to exploit strengths or neutralize weaknesses in the internal environment.
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Q:
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Q:
A global corporate-level strategy differs from a multi-domestic corporate-level strategy in that in a global strategy:
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Q:
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a. lack of basic resources.
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Q:
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Q:
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a. True
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Q:
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Q:
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