Review chapters 1-13 and address the below review questions:
According to the I/O model, what should a firm do to earn above-average returns?
What are the differences between the general environment and the industry environment? Why are these differences important?
What are the four business-level cooperative strategies? What are the key differences among them?
How do strategic leaders effectively manage their firm’s resource portfolio to exploit its core competencies and leverage the human capital and social capital to achieve a competitive advantage?)
What are invention, innovation, and imitation? How are these concepts interrelated?
Sample Solution
