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_____________ strategies differ from _______________ ones.

Original, adapted
       Original, realized
       Realized, intended
       Intended, original

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A strategic inflection point may arise from

new technologies
       transformations in competitor values and preferences
       constant regulatory conditions
       all of the above

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______________ is the evolution of a general idea through continually changing circumstances. (Points : 1)

       Vision
       Mission
       Strategy
       Objective

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EVA means

Every value available
       Enhanced value added
       Economic value advantage
       Economic value added

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Changes in the rules of the “game” of strategy occur not only because of variations in the legal and ethical climate, but also because of changes in technology and __________.

competition
       economics
       laws
       ergonomics

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Question 6.6. Keynes advocated expansionary fiscal policy when an economy was (Points : 1)

       at full-employment output.
       experiencing a recession.
       experiencing inflation.
       at potential output.
       in wartime.

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What a company currently is best at is incorporated into its _____________. (Points : 1)

       vision
       mission
       goals

objectives

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The goal of strategic management is (Points : 1)

       sustained customer advantage
       sustained comparative advantage
       sustained competitive advantage
       sustained collaborative advantage

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Question 9.9. The largest single item in the federal budget is (Points : 1)

       defense spending.
       wages and salaries.
       interest payments.
       income security payments.
       foreign aid.

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       the interest rate.
       expectations of profit.
       the price level.
       saving.

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