.

16. When we say,a product has become a commodity, we mean that:

1. The products brand is easily recognized

2. The product does not stand out from other products

3. The product is unique

4. All of the above

17. Which of the following best represents a well-known definition of strategy?

1. A pattern in a stream of decisions

2. A series of planned steps

3. Planned guidebook for businesses

4. Reacting to unexpected events

18. Who introduced the value chain framework?

1. Adam smith

2. Jack welch

3. Michael porter

4. Fredrick Taylor

19. The conceptual basis for an alliance in that it is:

1. A positive-sum game

2. A zero-sum game

3. Negative-sum game

4. None of the above

20. What is slippage in strategy implementation?

a) Falling stock price

b) Strategic intentions get distorted on their way to implementation

c) Raising funds through debit

d) Both and b

e) A and b and c

plzzzz ans asap.....