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Glo-Bus Ch 4 Questions with 100% Correct Answers | Updated & Verified 2024/2025
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Glo-Bus Ch 4 Questions with 100% Correct Answers | Updated & Verified 2024/2025
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Glo-Bus Ch 4When a organization profits the experience and recognise-how to perform an pastime
consistently properly and at an appropriate price, it is said to have - ANSa competence in
appearing that interest
According to Figure four.Five and the associated dialogue, one option a business enterprise has
for reaching aggressive advantage is via out-dealing with opponents in - ANSperforming certain
differentiation-enhancing cost chain sports extra proficiently than rivals, as a consequence
developing a differentiation-primarily based competitive benefit keyed to turning in what clients
perceive as a superior product imparting
Which of the following is not one of the six questions that incorporate the challenge of
evaluating a corporation's series of assets and talents, the competitiveness of its charges and
internal operating fees, and its competitive power as opposed to rivals - ANSWhat are the the
company's maximum worthwhile geographic marketplace segments?
According to Figure four.1, which of the following is NOT pertinent in identifying a business
enterprise's present method? - ANSThe wide variety and type of core skills a organization has
and the forms of activities that include its fee chain
Which of the following is NOT one of the objectives of benchmarking - ANSTo examine which
corporation in an enterprise is the use of the best quantity of nice practices in performing its fee
chain activities and accordingly very in all likelihood has the enterprise's lowest value value
chain
Which of the subsequent is an accurate interpretation of the overall aggressive power rankings
that result from doing a competitive energy assessment (as illustrated in Table four.3 and
defined in the accompanying dialogue)? - ANSThe higher a employer's universal aggressive
power rating/rating the more potent is its competitiveness and ability to compete effectively
against rival enterprise members; low ratings signal susceptible competitiveness and in all
likelihood competitive downside compared to opponents with better scores
In Table four.2, which one of the following is not an example of a capacity market possibility that
a corporation may have? - ANSLaunching tasks to try and block the access (or probably entry)
or new competitors (mainly lower-fee foreign firms) into the ones geographic markets wherein
the organization earns huge earnings or have a large market percentage
The aggressive strength of a organisation resource or capability is NOT measured via which of
the following exams - ANSDoes the resource or capability help the company improve the value
performance of its fee chain?
, The 3 steps of SWOT evaluation are - ANSidentifying the organization's useful resource
strengths and weaknesses and its opportunities and threats, drawing conclusions about the
company's ordinary business situation, and translating the conclusions into strategic moves and
an standard method that is nicely-matched to the business enterprise's ordinary scenario
In Table four.2, which of the subsequent is NOT an instance of a ability weakness or aggressive
deficiency that a organization may additionally have? - ANSA product presenting that isn't
always strongly differentiated from opponents
Which of the subsequent statements about employer price chain is fake? - ANSIdentifying the
number one and secondary activities that include a organization's cost chain and evaluating
those activities to the fee chain activities of rivals is known as benchmarking
According to the instance in Table 4.Three and the accompanying dialogue, the method for
doing a weighted competitive electricity assessment involves - ANSDetermining the maximum
telling measures of aggressive electricity or weakness (which commonly encompass most of the
enterprise's key achievement elements), assigning weights to these measures, rating each
corporation's energy on each measure (frequently the usage of a scale of 1-10), multiplying
every company's power rating with the aid of its respective weight, and summing the weighted
ratings to get an usual aggressive strength rating; the organisation with the highest weighted
score is the competitively most powerful and the employer with the bottom weighted rating is the
weakest.
A enterprise's fee chain identifies - ANSthe primary sports it performs in developing value for its
clients and the related aid activities.
Which of the subsequent is maximum probable to symbolize a employer's most robust aid or
functionality? - ANSA unique competence in appearing a competitively essential cost chain
interest
SWOT evaluation is a powerful tool for - ANSSizing up a agency's competitively critical
strengths and weaknesses, its market possibilities, and the outside threats to its destiny
well-being
Which of the following is NOT an choice for reducing prices of distribution-associated sports? -
ANSImplementing an hobby-based totally accounting device for all distribution related activities
and ceasing to perform all those distribution-related sports having unacceptably high expenses
The three foremost areas in the price chain in which enormous differences in the expenses of
competing corporations can occur include - ANSthe costs of internally-accomplished sports, the
prices off activities completed via suppliers, and the fees of activities carried out in the forward a
part of the industry cost chain (specially distribution related sports).
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