The resource-based view (RBV) of the firm combines the following two perspectives:

A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.

Knowledge workers often exhibit ________ loyalties to their colleagues and their profession relative to their employing organization.

The growth stage of the industry life cycle is characterized by

Peter Senge, of MIT, recognized three types of leaders. ________ are individuals that, although having little positional power and formal authority, generate their power through the conviction and clarity of their ideas.

Community stakeholders are concerned primarily with

The factors that lead to a low-cost position also provide a substantial ________ barriers position with respect to ________ products introduced by new and existing competitors.

Atlas Door created competitive advantages in overall low cost and differentiation by creating ________ among value-chain activities.

An overall ________ position enables a firm to achieve above-average returns because it protects firms against powerful buyers.

A low-cost position permits buyers to exert power to drive ________ prices only to the level of the next most efficient producer.