Southwest Airlines (SWA) has enjoyed a sustained competitive advantage, allowing it to outperform its competitors over several decades. Continental and Delta attempted to copy SWA with their offerings of Continental Lite and Song airlines, respectively. Neither Continental nor Delta, however, was able to successfully imitate the resource bundles and firm capabilities that make SWA unique. Which of the following is this case an example of?

Under the________ framework, producer surplus is important in the quest for competitive advantage because this is the profit that a firm captures when producing and selling a good or service.

According to AFI strategy framework, in which of the following tasks of strategic management does a firm identify the roles strategic leaders play?

Golden Age Cinemas Inc. and HiDef Inc. are two companies that own and run movie theaters in malls and other commercial areas. Both are trying to coax consumers back into movie theaters after the COVID-19 pandemic shutdowns. While Golden Age Cinemas Inc. pursues a cost-leadership strategy, HiDef Inc. adopts a differentiation strategy. Which of the following statements is most likely true of this scenario?

In________, a firm frames a guiding policy to address the competitive challenge.

The diagonal assembly system was a production system pioneered by the automobile company Gogo. Recently, Gogo was able to sue a competitor and won the suit, receiving $100 million in damages. Which of the following would most likely enable Gogo to win such a lawsuit?

When are employees likely to fail to adopt the organizational values of a firm?

Which of the following reports is a publicly traded firm required to file each year with the U.S. Securities and Exchange Commission?

Wellness Data Corp. focuses on its competitive advantage as its fundamental and top priority; it uses some of its profits to do good in its community. This demonstrates

Yoon-gi is attempting to measure how his customers view his firm. To do this, he uses the balanced-scorecard framework because he knows that