BA 453 - University of Oregon Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) What is Strategy? - Correct Answers ✅The quest to gain and sustain a competitive advantage while differentiating yourself from rivals, creating value while counting costs, and positioning yourself in a unique way for mutual reinforcement.What is competitive advantage? - Correct Answers ✅Superior performance relative to other competitors in the same industry or the industry average.What is sustained competitive advantage? - Correct Answers ✅Outperforming competitors or the industry average for a prolonged period of time What is the Valuation Principle? - Correct Answers ✅The value of an asset to the firm or investors is determined by its competitive market price What happens when the value of benefits exceeds the costs?
- Correct Answers ✅The decision will increase the market
value of the firm What are firm effects? - Correct Answers ✅Results of managers' actions to influence firm performance 1 / 2
BA 453 - University of Oregon Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) What is industry effects? - Correct Answers ✅The results attributed to the choice of industry in which to compete What are the 9 parts of the business model? - Correct Answers ✅Key partners Key activites Key resources Value proposition Customer relationships Channels Customer segments Revenue streams Cost structures What is PESTEL - Correct Answers ✅Political Economic Sociocultural Technological Ecological Legal What is VRIO - Correct Answers ✅Is it valuable?Is it rare?
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