Intel's focus on designing complex, expensive microprocessors for PCs enabled competitors to develop cheaper chip sets for non-PC electronics devices. In the strategic intent model of competitive advantage, this is an example of:

A) building layers of advantage.
B) loose bricks.
C) changing the rules of engagement.
D) collaborating.
E) none of the above

B

Business

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_____ exists on a wide spectrum ranging from coercion at one extreme to weak influence at the other.

A. An ideology B. Justice C. Power D. Pluralism

Business

An advantage FIs have over individual household investors is that they are able to diversify away credit risk by holding a large portfolio of loans to different entities. This reduces

A. firm-specific credit risk. B. systematic credit risk. C. interest rate risk. D. market risk. E. political risk.

Business