Exam (elaborations)
MGT 302 CHAPTER 13 QUIZ.
- Course
- Institution
MGT 302 CHAPTER 13 QUIZ.
[Show more]
Seller
Follow
Kayyh
Reviews received
Content preview
MGT 302 CHAPTER 13 QUIZ1. Profitability is calculated by dividing the total sales of the firm by total invested capital.
False
2. Firms usually respond to pressures for cost reduction by trying to
lower the costs of value creation.
3. Firms that pursue a transnational strategy are trying to simultaneously do many things.
Which of the following is one of those things?
Foster a multidirectional flow of skills between different subsidiaries.
4. Responding to pressures to be locally responsive requires a firm to standardize its
products.
False
5. Which of the following is true about core competence?
Core competence skills are typically expressed in product offerings that other firms
find difficult to match or imitate.
6. Superior value creation relative to rivals does not necessarily require a firm to have the
lowest cost structure in an industry, or to create the most valuable product in the eyes of
consumers.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Kayyh. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now