External alignment among elements of a business system implies:

a. a firm's resources and capabilities adequately support its market position

b. the configuration of a firms business system commands approval from its markets

c. the business system is adequately aligned

d. the business system is inadequately aligned

In Gause's expirements, resource partitioning Implies which of the following?

a. species make their living in dissimilar ways, which improves their likelihood of coexistence

b. species make their living in similar ways, which improves their likelihood of coexistence

c. species make their living in dissimilar ways, which decreases their likelihood of coexistence

d. species make their living in similar ways, which decreases their likelihood of coexistence

Which of the following is an example of redefining productivity in value chain activities in a manner which creates shared value?

a. a restaurant chain sources raw materials from local farmers instead of distant corporate firms

b. a silicon chip manufacturer reduces the amount of water used in its manufacturing process

c. a bank develops a personal budgeting app for use by low income customers

d. a phone manufacturer reduces the price of its phones to increase market share

What is Henderson's explanation for his comparison of ecological and economic competition?

a. competition for resources explains success or failure of both species and businesses

b. competition for market share explains success or failure of both species and businesses

c. competition for resources explains neither success nor failure of species and businesses

d. competition for market share explains neither success nor failure of species and businesses