Question: 1. Potential risks associated with globalization include a. supply chain logistics b. cultural differences c. loss of capabilities d. all of the above 2. A

 1. Potential risks associated with globalization include a. supply chain logistics

1. Potential risks associated with globalization include a. supply chain logistics b. cultural differences c. loss of capabilities d. all of the above 2. A learning curve measures a. the rate at which performance improves with repetition b. the overall competitiveness of an industry c. the transformation process associated with educational institutions d. the rate of productivity change over time 3. Characteristics of a product or service that allow it to be considered for purchase are known as a. order qualifiers b. order winners c. core competencies d. competitive priorities 4. What a firm does best is known as its a. primary task b. strategic position c. vision d. core competency 5. An effective position strategy considers a. the strengths and weaknesses of the organization b. the needs of the marketplace c. the positions of competitors d. all of the above

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