Author Question: Strategy is a. The art of matching the resources and capabilities of a firm to the opportunities ... (Read 26 times)

P68T · **on:** Jul 1, 2018

Strategy is
a. The art of matching the resources and capabilities of a firm to the opportunities and risks in its environment
b. Developing a resource for the company that is both rare and valuable to create competitive advantage
c. Making sure that the resource developed is non-fungible to create a sustainable advantage
d. All of the above

Question 2

To attract more bidders, and more aggressive bidders, to your common-value auction
a. withhold relevant information about the value of the object
b. don't allow bidders to know how others are bidding
c. allow potential bidders ample time to examine the object being sold
d. do not hold oral auctions