1. By choosing a(n) ________ an organization responds to the structure of its industry.
A. brand image
B. competitive strategy
C. advertising policy
D. business process
2. After creating an organizational strategy based on Porter's models, company can
A. develop information systems.
B. create process models.
C. calculate inputs and outputs.
D. examine market structure.
3. A _______ is a network of value-creating activities.
A. value pyramid
B. value chain
C. value network
D. value system