1. Match the method of measuring competitive advantage with the disadvantage of that method. Accounting profitability                A. Based on...

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General Management

1. Match the method of measuring competitive advantage with thedisadvantage of that method.

Accountingprofitability               A. Based on factors other than firm performance

Shareholder valuecreation         B. Basedon historic data.

A economic value creation C. Based on the value of goods to theconsumer.

2.

Who are stakeholders from a strategic managementperspective?

Anyone that has an equity stake in the firm.

Anyone that can materially affect the firm.

Anyone that cares about the firm.

Anyone for whom the firm is ethically responsible.

3.

Which of the following is sufficient on its own to create acompetitive advantage

Making tradeoffs

Industry structure

None of these are sufficient on their own

Difficulty in competitors imitating a completive advantage

Answer & Explanation Solved by verified expert
4.1 Ratings (715 Votes)
Accounting profitability Uses standard publicly available metrics Permits direct firm performance comparisons Using standard ratios To measure accounting profitability we use standard metrics derived from publicly available accounting data Commonly used profitability metrics in strategic management are return on assets ROA return on equity ROE return on invested capital ROIC and return on revenue ROR All accounting data are    See Answer
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