BUSI 4940 EXAM 3 REVIEW QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)
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Course
Mgmt
Institution
Mgmt
Alignment - ANS A condition where organizational elements fit together and reinforce each other is the definition of which important aspect of successful implementation
False - ANS Blue ocean innovation relates is a type of innovation that is characterized by sustainability - innovation that...
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BUSI 4940 EXAM 3 REVIEW
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QUESTIONS WITH CORRECT
ANSWERS ALL VERIFIED BY
D
AN EXPERT A+ GRADED
U
(LATEST UPDATE)
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, Alignment - ANS A condition where organizational elements fit together and reinforce each
other is the definition of which important aspect of successful implementation
False - ANS Blue ocean innovation relates is a type of innovation that is characterized by
sustainability - innovation that is good for the earth.
False - ANS Developing growth strategy along the value or supply chain is known as horizontal
diversification.
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True - ANS Part of the internal analysis is to understand the components of the firm's existing
strategy. This includes answering questions to determine if a company has any competitive
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advantages and how protected they are. Parts of the components of the existing strategy are
the resources and capabilities it employs, the value proposition, and the mission and vision that
guide it.
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False - ANS A strategy has no value until it is implemented. Nearly all strategies are effectively
implemented.
All of the answers are correct - ANS Corporate governance in a public firm is led by the board
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of directors. During class lectures we have discussed the role of the board. The board of
directors hires and fires the CEO. The CEO is responsible for strategy and execution but the
board of directors is accountable to shareholders for strategic direction and performance. If
performance is below expectations the following can happen:
Which of the following is not an example of how acquisitions can be integrated: - ANS Borrow -
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Acquiring company borrows assets and knowledge from the company it acquires
Read the paragraph about Amazon (accurate) then answer the question below.
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Amazon's online retail business provides customers access to the broadest array of options in
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nearly any category of retail. In addition, Amazon provides affordable convenience through ease
of order and speedy delivery of online purchases.
Considering the statement provided - Amazon's acquisition of Whole Foods (gorcery) and
Zappos (shoes), are examples of vertical integration (along the value chain). - ANS True
The best approach in developing a new strategy within a corporation is to first identify the
greatest problems and opportunities the company is facing. Then.... (choose the best answer to
complete the sentence correctly). - ANS Develop multiple viable strategy options. Large
corporations often develop more than one strategy and select more than one proposal or
initiative to implement a strategy.
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