Question 1
A __________ statement is a statement of what specific organizational units do and what they hope to accomplish.
A. vision    
B. strategy    
C. technology    
D. mission   
 
Question 2
The competitive advantage perspective that focuses on structural forces within an industry, the competitive environment of firms, and how these influence competitive advantage is the __________ view.
A. industrial-organizational    
B. resource-based    
C. guerilla    
D. structured-competitive   
 
Question 3
The ability to access information with great speed reflects the impact of:
A. the information revolution.    
B. technological advances and breakthroughs.    
C. globalization.    
D. the Internet.   

Question 4

The __________ view takes the approach that a firm's resources are more important than industry structure in getting and keeping competitive advantage.
A. industrial organization    
B. resources-based    
C. supplier-based    
D. guerrilla-based

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