Term
1) Formulating plans
2) Review and Approval
3) Managing Plan Implementation
4) Measuring Performance
5) Rewards and Consequences |
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Definition
| What are the five factors of the Montsano model? |
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Term
| Shaping your actions in anticipation of others' reactions |
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Definition
| Define strategic interaction. |
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Term
| Favorable access to resources, markets, and information |
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Definition
| Define comparative advantage. |
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Term
| Advantages a firm expects to achieve over its competitors through skill resource deployment |
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Definition
| Define competitive advantage |
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Term
| a) Comparative advantage leads to competitive advantage. Functional competency leads to core competency. |
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Definition
Which one is the correct relationship?
a) Comparative advantage leads to competitive advantage. Functional competency leads to core competency.
b) Distinctive competency leads to functional areas. Functional areas leads to core competency.
c) Process areas lead to comparative advantage. Comparative advantage leads to competitive advantage.
d) Distinctive competency leads to comparative advantage. Comparative advantage leads to competitive advantage |
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