Exit Exam Beacom School of Business Questions 100% Solved
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Course
Exit exa
Institution
Exit Exa
Exit Exam Beacom School of Business
Questions 100% Solved.
Model of Strategic Management - answerprocess model is used as a series of steps that a firm
must take in order to develop a strategy that will help them gain competitive advantage. These
strategies are broken down into two categories: ...
International Strategies - answer✔are operations in multiple geographic markets. Examples
include vertical Integration, diversification, the formation of strategic alliances, or
implementation of mergers and acquisitions, across national borders.
Risk & benefits of alliances - answer✔Pros: Exploiting economies of scale
-Learning from partners
-Managing risk and sharing costs
Cons: Holdup
-Moral Hazard
-Adverse Selection
5S Tool - answer✔Sort (Seiri), Set in Order (Seiton), Shine, Standardize, and Sustain, provide a
methodology for organizing, cleaning, developing, and sustaining a productive work
environment.
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