Asu WPC 470 Final Exam Questions well
answered to pass
Feran is the founder of an innovative "impromptu catering" business that provides elegant, healthy party
food and decorations on less than 24 hours' notice. The company has grown by over 150 percent in the
past year. Feran credits some of the company's success to studying the strategies of prominent social
entrepreneurs, such as Wikipedia's Jimmy Wales. What can Feran do to exemplify the social
entrepreneurship model?
Provide free weekly catered meals for the homeless
3 multiple choice options
Which of the following is not true about the decline stage of an industry life cycle?
The last consumer segment called "laggards" will finally enter the market
3 multiple choice options
In the decline stage, which of the following strategies involves a reduction of investments in product
support?
harvest strategy
3 multiple choice options
Canon was able to redesign the copying machine so that it didn't need professional service—reliability
was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox
had not envisioned was the possibility that the components of the copying machine could be put
together in an altogether different way that was more user-friendly. This example describes
architectural innovation
3 multiple choice options
, Which of the following businesses ismost susceptible to negative network effects?
Rite Pics is a social media platform where users upload photos to the site and are matched with other
users who have taken similar photos
3 multiple choice options
Funholding Inc. is a large multinational company owned by two partners, is active in the petroleum,
capital market, chemicals, steel, beverages, hospitality, airlines, education, automobiles, and consumer
electronics industries. The company has multiple brands and a large product portfolio under its banner.
Which of the following terms would best describe this company?
a conglomerate
3 multiple choice options
Bob is the strategic business unit (SBU) CEO in charge of manufacturing cufflinks for men's clothing.
While the market he competes in is low growth, Bob's SBU's earnings and cash flow are both ranked at
high and stable. When examining Bob's SBU through the Boston Consulting Group (BCG) matrix lens, we
can conclude that his SBU would be classified as a
cash cow
3 multiple choice options
Danke Inc. is a diversified firm that creates more value than the cost that it incurs. As a result, they are
experiencing a diversification premium in their stock price. Danke Inc. is able to accomplish all of the
following except
increase their costs but maintain their current stock price
3 multiple choice options
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