Question $1\mathrm{.}23$

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Differentiation of inputs represents a determinant of: $(1)$

$1.$ Entry

$2.$ Rivalry

$3.$ Buyer power

$4.$ Supplier power

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Question $1\mathrm{.}24$

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In the economists' "perfectly competitive" industry jockeying for position is unbridled and entry to the industry is: $(1)$

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$1.$ Very easy

$2.$ Prohibited by regulation

$3.$ Moderated due to national security concerns

$4.$ Very hard

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Question $1\mathrm{.}25$

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Which is perhaps the most important entry barrier in the soft drink, over$-$the$-$counter drugs, cosmetics$,$ investment banking and public account industries? $(1)$

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$1.$ Capital requirements

$2.$ Market differentiation

$3.$ Economies of scale

$4.$ Product differentiation

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Question $1\mathrm{.}26$

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Strategic decisions are based on what managers $\_\_\_\_\_,$ rather than on what they $\_\_\_\_\_.(1)$

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$1.$ Forecast; know

$2.$ React to; anticipate

$3.$ Know; forecast

$4.$ Compromise with; analyse

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Question $1\mathrm{.}27$

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Strategic decisions have $\_\_\_\_\_\_$ effects on firms. $(1)$

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a$.$ Temporary b$.$ Short$-$lived c$.$ Enduring d$.$ Limited

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Question $1\mathrm{.}28$

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Direct penetration of foreign markets makes sense as a competitive weapon because a firm can drain vital $\_\_\_\_$ from a foreign competitor's domestic operations. $(1)$

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a$.$ Polycentric b$.$ Ethnocentric c$.$ Geocentric d$.$ Regio centric

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Question $1\mathrm{.}29$

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The availability of substitutes affects which of the RBV guidelines? $(1)$

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$1.$ Resources are more valuable when they are scarce

$2.$ Resources are more valuable when they are durable

$3.$ Resources are more valuable when they are in full supply

$4.$ Resources are more valuable when they are critical to being able to meet a customer's need better than other alternatives

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Question $1\mathrm{.}30$

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$"$To achieve our vision, how will we sustain our ability to change and improve?" is part of which perspective in the Balanced Scorecard? $(1)$

$1.$ Financial

$2.$ Customer

$3.$ Learning & growth

$4.$ Internal business process

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Question $1\mathrm{.}31$

Which of the following is NOT a value discipline? $(1)$

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$1.$ Operational excellence

$2.$ Cost leadership

$3.$ Customer intimacy

$4.$ Product leadership