Tentamen (uitwerkingen)

BU.920.607 (Competitive Strategy) Latest Exam Readiness Guide

0 keer verkocht

Vak
BUSINESS

Instelling
Johns Hopkins University

BU.920.607 (Competitive Strategy) Latest Exam Readiness Guide BU.920.607 (Competitive Strategy) Latest Exam Readiness Guide BU.920.607 (Competitive Strategy) Latest Exam Readiness Guide

[Meer zien]

Voorbeeld 3 van de 18 pagina's

Bekijk voorbeeld

Geupload op 18 oktober 2024
Aantal pagina's 18
Geschreven in 2024/2025
Type Tentamen (uitwerkingen)
Bevat Onbekend

bu920607 competitive strategy latest exam read

Volgen

EmilioOchieng Lid sinds 1 jaar 67 documenten verkocht

$12.49

In winkelwagen

Opslaan

100% tevredenheidsgarantie
Direct beschikbaar na je betaling
Lees online óf als PDF
Geen vaste maandelijkse kosten

BU.920.607

Competitive Strategy

LATEST EXAM READINESS
GUIDE
Q&S

©2024/2025

,1. Which of the following is NOT a feature of Porter's Five
Forces model?
- A) Threat of new entrants
- B) Bargaining power of suppliers
- C) Internal rivalry among employees
- D) Threat of substitute products
- Answer: C) Internal rivalry among employees
- Rationale: Porter's Five Forces focuses on external
industry pressures, not internal company dynamics.

2. What is the primary objective of a company's value
chain analysis?
- A) To identify cost-cutting measures
- B) To streamline manufacturing processes
- C) To identify the activities that create the most value for
customers
- D) To optimize employee benefits
- Answer: C) To identify the activities that create the
most value for customers
- Rationale: Value chain analysis aims to enhance value
creation in relevant activities.

3. In the context of a Blue Ocean Strategy, what does a
'blue ocean' represent?
- A) A market that is over-saturated with competition
- B) A market space that is unexplored and uncontested
- C) A company with a large financial reserve
- D) A geographic region with numerous business
opportunities
- Answer: B) A market space that is unexplored and
uncontested
©2024/2025

, - Rationale: Blue Ocean Strategy targets creating new
market spaces, eliminating competition.

### Fill in the Blank Questions

4. The concept of _______________ involves analyzing
the tactics and strategies of competitors to improve a firm's
own competitive advantage.
- Answer: Competitive Intelligence
- Rationale: Competitive intelligence focuses on external
insights for strategic advantage.

5. The practice of _______________ refers to a firm
expanding its operations into areas that are at different
stage levels within the same production path.
- Answer: Vertical Integration
- Rationale: Vertical integration involves upstream or
downstream expansion within the supply chain.

### True/False Questions

6. A differentiation strategy emphasizes cost leadership
and operational efficiency over product uniqueness.
- Answer: False
- Rationale: A differentiation strategy focuses on creating
unique product attributes to stand out from competition.

7. A focus strategy can be implemented in alignment with
both cost leadership and differentiation strategies.
- Answer: True
- Rationale: Focus strategies can target narrow markets
through cost advantages or differentiated products.

©2024/2025

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, Bancontact of creditcard en je bent klaar. Geen abonnement nodig.

Focus op de essentie

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.