What is the term for a strategy where a business seeks to establish a long-term competitive advantage by improving value chain activities that substantially lower costs?

Of the following, which would benefit most from corporate strategy?

As a consequence of majority accounting scandals in the early 2000's, U.S. corporations have been forced to modify their existing governance structure. Which of the following represents the most significant change to the governance structure of U.S. corporations?

Which of the following is not a major perspective of the balanced scorecard?

Which of the following is part of John Kay's value chain concept?

Allocating capital throughout a diverse portfolio allows corporations to achieve what objective?

Coase argued that the existence of the firm, as an alternative to market transactions, can be attributed to _______.

According to the Industrial Organization approach, firms cooperate because of the incentive for ________.

Which of the following approaches address inter-firm collaboration?

Pitelis defines a quasi-stable and durable, formal or informal arrangement between two or more independent firms, aiming to further the perceived interests of the parties involved as ___________.

Bounded rationality means: