Which of the following is not a potential pitfall of a focus strategy?

A competitive advantage based on inimitability can be sustained for at least some time, if it has the following characteristics:

The balanced scorecard provides top managers with a ________ view of the business.

A hiring agent offers a scientist approximately the same salary, facilities, equipment, and shared laboratory with 10 highly skilled and enthusiastic scientists. Part of the job is to collaborate with these peers and jointly develop promising drug compounds. This structure will create greater firm loyalty than one in which the hiring agent offers only monetary compensation.

Value-chain analysis can only be applied to manufacturing operations.

The aging of the population, changes in ethnic composition, and effects of the millennial generation are ________ changes.

The size of pricing and differentiation advantages between competitors decreases in which stage of the market life cycle?

An example of a firm applying the overall cost leadership generic strategy in a value-chain activity would be to automate the production assembly line to reduce scrappage from quality errors.

Effective organizational design means that firms must have ________ that are consistent with their strategy.

Social networks can assist with career success. One of the advantages of having a large social network is