Guerrilla view of competitive advantage

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1. According to the guerrilla view of competitive advantage, the state of an organization's competitive advantage is:

  • temporary.
  • long term.
  • long term based on the role of strategic leadership.
  • able to provide stable cash flows.

2. American Airlines starting an airfare war by drastically reducing prices is an example of a change in the __________ environment.

  • internal
  • external
  • resource
  • modified environment

3. The use of equipment, materials, knowledge, and experience to perform tasks is defined as:

  • the information revolution.
  • technology.
  • globalization.
  • resource allocation.

4. __________ is the process of taking a creative idea and turning it into a product or process that can be used or sold.

  • Technology
  • Innovation
  • Invention
  • Discovery

Reference no: EM13788600

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