Intellectual property rights are the tangible property owned by a firm.

From the innovation and learning perspective, survival is dependent upon managers making ________ changes to existing products and services as well as introduce entirely new products with expanded capabilities.

Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next two years will outpace the previous five even though the growth of American occupancy rates has begun to slow. Which competitive force is involved in this situation?

A firm following a focus strategy must focus on

Piecemeal productivity improvements during a turnaround typically do not involve

SWOT analysis raises awareness about the role of strategy in creating a match between the environmental conditions and ________ of the firm.

Sustainability is being increasingly recognized as a source of cost efficiencies and revenue growth.

________ are typically embedded in unique routines and practices that have evolved and accumulated over time such as effective work teams.

Intangible assets derived mostly from human capital are on the rise, according to the advisory firm Ocean Tomo. A study of the Standard and Poors’ 500 index from 1975 to 2015 demonstrated a 17 percent increase in market value of intangible assets over this time period. Companies such as Stryker get 70 percent of its value from intangibles. Intangible assets are

Technology can also enable much more sophisticated forms of communication in addition to knowledge sharing.