Question: During strategy implementation, managers primarily focus on deciding theO type of corporate governance that is most effective and ways in which it can put the

During strategy implementation, managers primarily focus on deciding theO type of corporate governance that is most effective and ways in which it can put the formulated strategy into practice. industries and markets the firm should compete in to be able to gain and sustain a competitive advantage. role strategic leaders should play in gaining and sustaining a competitive advantage. relationship between competitive advantage and firm performance.

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=+ d. Who benefi ts from having a better-developed fi nancial system?

=+ a. Which nation would you expect to have a higher level of total factor productivity?

=+Explain. (Hint: See the appendix to Chapter 9 for the defi nition of total factor productivity.)