WPC 480 Bundled Exam Questions and CORRECT Answers

WPC 480 Exam 2 UPDATED ACTUAL Questions and CORRECT Answers Blue Ocean Strategy - CORRECT ANSWER - - Successfully combining differentiation and cost-leadership activities - Uses value innovation to reconcile trade-offs (Between Differentiation & Cost Leadership

WPC 480 Exam #2 UPDATED ACTUAL Questions and CORRECT Answers core competencies - CORRECT ANSWER -unique strengths, embedded deep within a firm, that are critical to gaining and sustaining comp adv resources - CORRECT ANSWER -any assets that a firm can draw on when formulating and implementin...

WPC 480 Exam #1 UPDATED ACTUAL Questions and CORRECT Answers Strategy - CORRECT ANSWER - An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantages. Vision - CORRECT ANSWER - What do we want to accomplish?

WPC 480 Final Exam ASU UPDATED ACTUAL Questions and CORRECT Answers Which of the following businesses is most likely to disrupt an existing industry? A. GSX Techedu added advanced camera technology to it's premium line of smartphones so that they would take the highest-quality photos of ...

WPC 480 Final Gomez UPDATED ACTUAL Questions and CORRECT Answers merger - CORRECT ANSWER - a strategy through which two firms agree to integrate their operations on a relatively coequal basis •AT&T and Time Warner -WarnerMedia (2018) •Chrysler and Fiat - FCA (2014) •Chrysler and Daimle...

WPC 480 Final Gomez UPDATED Questions and CORRECT Answers Merger - CORRECT ANSWER - two firms agree to integrate their operations on a relatively co-equal basis ex: at&t and time warner JP morgan chase

WPC 480 Exam UPDATED Questions and CORRECT Answers Strategic Management - CORRECT ANSWER - An integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.

WPC 480 Chapter 1 UPDATED ACTUAL Questions and CORRECT Answers Which of the following could be a definition of strategic competitiveness? - CORRECT ANSWER - The ability of a firm to outperform its rivals by forming and executing a strategy that creates value for its stakeholders

WPC 480 Ch1 UPDATED ACTUAL Questions and CORRECT Answers Strategic Management - CORRECT ANSWER - an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Strategy - CORRECT ANSWER - The set of goal-directed actions a firm t...

WPC 480 Chapter 11 UPDATED ACTUAL Questions and CORRECT Answers Organizational structure - CORRECT ANSWER - specifies the firm's formal reporting relationships, procedures, controls, and authority and decision-making processes. Strategic controls - CORRECT ANSWER - are largely subjective c...

WPC 480 Capstone Midterm UPDATED ACTUAL Questions and CORRECT Answers strategy - CORRECT ANSWER - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Strategic Competitiveness - CORRECT ANSWER - formulating and impl...

WPC 480 Exam 1 UPDATED ACTUAL Questions and CORRECT Answers Ackbar, Inc. has had 40% growth in accounting profits for several years, and each new year has been the highest profits Ackbar has ever had. What can you conclude from this information about Ackbar's competitive advantage? - CORRE...

WPC 480 Chapter 12 UPDATED ACTUAL Questions and CORRECT Answers Strategic leadership - CORRECT ANSWER - is the ability to anticipate, envision, maintain flexibility, and empower others to create strategic change as necessary Strategic change - CORRECT ANSWER - is change brought about as a res...

WPC 480 Chapter 9 UPDATED ACTUAL Questions and CORRECT Answers strategic alliance - CORRECT ANSWER - is a cooperative strategy in which firms combine some of their resources to create a competitive advantage. cooperative strategy - CORRECT ANSWER - is a means by which firms collaborate to ach...

WPC 480: Chapter 7-12 Quiz UPDATED ACTUAL Questions and CORRECT Answers Which of the following scenarios would be characteristic of an entrepreneur? - CORRECT ANSWER - John implemented a new and more efficient way to produce pottery. Which of the following statements is true of the early maj...

WPC 480 Chapter 7 UPDATED ACTUAL Questions and CORRECT Answers merger - CORRECT ANSWER -is a strategy through which two firms agree to integrate their operations on a relatively coequal basis acquisition - CORRECT ANSWER -is a strategy through which one firm buys a controlling, or 100 percent...

WPC 480 Chae Final UPDATED ACTUAL Questions and CORRECT Answers What is Corporate strategy? - CORRECT ANSWER - Actions to sustain/gain comp. adv. in several industries and markets Where does corporate strategy compete? - CORRECT ANSWER - 1)Industry value chain: vertical integration 2)Produc...

WPC 480 Chapter 10 ACTUAL Questions and CORRECT Answers Corporate governance - CORRECT ANSWER - is the set of mechanisms used to manage the relationships among stakeholders and to determine and control the strategic direction and performance of organizatio

WPC 480 - Chapter 6 ACTUAL Questions and CORRECT Answers Business level strategy - CORRECT ANSWER - The goal-directed actions managers take in their quest for competitive advantage when competing in a single product market. Who - CORRECT ANSWER - Which customer segments will we serve

WPC 480 ASU final ACTUAL Questions and CORRECT Answers The two business models we reviewed—Industrial Organization and Resource-Based—focus, respectively, on _____ and _____ analysis: - CORRECT ANSWER - external; internal What is the primary objective of a company strategy? - CORRECT ANSWE...

WPC 480 Final Exam UPDATED ACTUAL Questions and CORRECT Answers What is strategy? - CORRECT ANSWER - An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? - CORRECT ANSWER - Internal and External.

WPC 480 Final Exam ACTUAL Questions and CORRECT Answers Corporate-Level Strategies - CORRECT ANSWER - - Specifies actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets - Help select new strategic ...

Arrfelt Exam 1 WPC 480 UPDATED ACTUAL Questions and CORRECT Answers Stategic Options in Hypercompetitive Enviroment (5) - CORRECT ANSWER - 1. Global Economy 2. use of price quality positioning to build market presen