1. The influence of globalization in managing strategically can be demonstrated in:
- the global marketplace.
- global competition.
- the organization itself.
- global competitors and the global marketplace.
2. Capitalizing on information, people, ideas, and knowledge characterizes the implication of:
- vanishing distance.
- reduced need for physical assets.
- compressed time.
- turbulent change.
3. Imitability of a resource can occur through:
- duplication.
- exploitation.
- substitution.
- duplication and substitution.
4. American Airlines starting an airfare war by drastically reducing prices is an example of a change in the __________ environment.
- internal
- external
- resource
- modified environment