George has learned that National Timber is considering selling its business to the highest bidder. National Timber is also family owned, but the younger generation of the family has little interest in continuing to run the business. Acquiring National Timber would not only help secure a source of wood, but would also open up Georgia Lumber Company to selling wood to other regional firms similar to itself and Alabama Woods. George understands the risk associated with the initiative and the likely high “price tag” for National Lumber, but this initiative alone if successful, would exceed Otis Thomsan’s 50% growth objective. This initiative, if approved by Mr. Thomson, could best be described as a ________________ strategy.

In ________ selection, individuals intermediate in a phenotypic distribution have greater reproductive success.

Blue flower color (B allele) is dominant to white (b allele). If a population of plants in Hardy-Weinberg equilibrium contains white flowers (bb) at a frequency of 0.04, what is the frequency of the heterozygous genotype?

Which of the following concepts/frameworks were developed by Michael Porter (check all that apply). HINT: There are four correct answers

(True/False).  In a VRIO analysis a resource that is Valuable but not Rare will result, at best, in creating Competitive Parity.  

Evolution, viewed on a small scale, as it relates to changes in a single gene or allele frequency in a population over time, is called

In the video lessons on internal analysis we discussed a principal theory of competitive advantage where the source of a firm’s competitive advantage in the marketplace is derived from the firm’s ____________.

George is considering acquiring Alabama Woods. Like The North Georgia Products SBU, Alabama Woods, sells lumber specifically milled for barns and other farm related out buildings directly to its customers through a company owned store.  The store is located in Muscle Shoals (Alabama), near the Mississippi state line. Unlike  North Georgia Products, Alabama Woods also sell product through its robust eCommerce website. George is considering buying Alabama Woods, but running it as a separate SBU. The firm would not be consolidated into a single SBU with North Georgia Products; instead The Georgia Lumber Company would be run as 3 SBUs with a corporate “umbrella”.  Alabama Woods would continue to focus its physical store on its Alabama customers while extending its eCommerce capabilities to the Georgia Lumber Company to service North Georgia Products retail customers. That said, the eCommerce capabilities are not a driver of the strategy and would merely be considered a potential benefit of the acquisition. This initiative, if approved by Otis Thomsan, could best be described as  a _____________ strategy

The Resource Based View assumes that the firm’s mix of resources is heterogenous (unique) and ___________.

Case studies use a single method to learn about a given case.