Firms with planning systems more closely resembling strategic-management theory generally exhibit superior long-term financial performance relative to their industries

In a trade show, a buyer who is trying to solve a specific problem with a product choice is a(n):

A) information seeker B) reinforcement seeker C) solution seeker D) education seeker

Vernon argues that early in the life cycle of a typical new product, while demand is starting to grow rapidly in the United States, demand in other advanced countries:

A. remains limited to high-income groups. B. necessitates production of that product in those countries. C. necessitates outsourcing of production to low-cost locations. D. raises the cost of production in the United States. E. causes a shift in the position of the United States from that of an exporter to an importer.