Exam (elaborations)
BSG FINAL EXAM/55 COMPLETE QUESTIONS AND ANSWERS 2023
BSG FINAL EXAM/55 COMPLETE QUESTIONS AND ANSWERS 2023
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BSG FINAL EXAM/55 COMPLETE QUESTIONSAND ANSWERS 2023
Suppliers are powerful when: - -they offer a credible threat of forward
integration
-In analyzing the demographic segment of the general environment, one
typically
examines all of the following factors EXCEPT: - -cultural values
-Customers, suppliers, host communities, and unions are examples of
capital market
stakeholders - -False
-Analyzing the internal environment enables a firm to determine what it CAN
DO by
identifying resources, capabilities, and core competencies in the internal
organizatio - -True
-Compared to tangible resources, intangible resources are an inferior source
of core
competencies - -False
-Which of the following is NOT a component of internal analysis leading to
competitive
advantage? - -Analysis of supplier power
-The generalized forms of value that goods and services provide are either
low cost with
acceptable features or highly differentiated features with acceptable cos - -
True
-The integrated cost leadership/differentiation strategy is superior to the
other business-level
strategies - -False
-A risk of the differentiation strategy is that a firm's means of differentiation
may cease to
provide value for which customers are willing to pa - -True
-A horizontal acquisition involves two firms in the same industry. - -True
-The lower the barriers to entry, the more likely firms will use acquisition as
a means to
enter a market - -False
, -Nonequity strategic alliances are formed when one partner owns a much
larger (or
inequitable) share of the joint venture than do the remaining partner( - -
False
-A nonequity strategic
alliance exists when: - -two or more firms develop a contractual relationship
to share some of their
resources to create a competitive advantage
-Procter & Gamble (P&G) has a paper towel and baby diaper business that
both use paper
products. This is an example of value created through the sharing of activiti -
-True
-An unrelated diversification strategy can create value through two types of
financial
economies: (1) efficient internal capital allocations and (2) purchasing other
firms,
restructuring their assets, and selling them: - -True
-Innovations that move ALONG the curve are "incremental" - -True
-Innovation is commercialization of invention - -True
-Hedge funds, as part of the market for corporate control, identify a firm
that is underperforming and then invest in it with the goal of improving that
firm's performance. - -True
-Generally, a board member who is a source of information about a firm's
day-to-day activities is classified as a(n) __________ director. - -Inside
-The firm's mission is more concrete than its vision. - -True
-A key purpose of a vision and mission statement is to inform _________ what
a firm is,
what it seeks to accomplish, and who it seeks to serve - -Stakeholder
-EnergyOne wants to install a high-capacity gas pipeline extension in the
region.
Shareholders anticipate better delivery of energy at lower costs, which will
increase
profitability. State and local governments are expecting increased tax
revenue as well
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