Question: 1) Within a firm, when a core competency becomes a seed of organizational inertia (i.e. is no longer a source of competitive advantage), the following

1) Within a firm, when a core competency becomes a seed of organizational inertia (i.e. is no longer a source of competitive advantage), the following may result:

2) The concept stuck-in-the-middle refers to what industry-level phenomenon?

3) Firms employ the Balance Scorecard to solve what organizational tension?

4) How are firms, which employ a Low Cost (LC) business-level strategy, innovative? Briefly explain.

5) Describe and explain two factors in each of the specific and general environments, which prompted LVMH to acquire Gucci?

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