BMGT 350 Exam with complete solutions

In order to better compare/contrast costs of living in the various environments GNP/GDP may be adjusted to: PPP (purchasing power parity) Which of the following definitions best defines an expatriate manager? A manager who works outside his or her native country Previous Play Nex...

What is not strategy? benchmarking, operational efficiency, error correction, goals or vision, luck strategy a firm's theory about how to compete successfully Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read Mor...

Product Anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy a want or need Service an activity, benefit, or satisfaction offered for sale that is essentially intangible and dose not result in the ownership of anything Previous ...

Who investigates fraud? Executive Branch (SEC and other government agencies) OIG Office of Inspector Generals Previous Pause Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Brainpower Read More 2 Key Staff Members of OIGs Assistant IG for ...

Operational Effectiveness performing the same tasks better than rivals perform them Strategic positioning performing different tasks than your rivals, or performing the same tasks in a different way Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / ...

1. All of the following are characteristics of a project except A. It is temporary B. It has a definite beginning and end C. It creates a unique product D. It repeats itself every month Answer: D It repeats itself every month "It repeats itself every month" implies that the whole project ...

Value Proposition -What customer problems are you helping to solve? -What customer needs are you satisfying? Customer Segments -Who are your most important customers? -What are their archetypes? -What job do they want you to get done for them? Previous Play Next Rewind 10 sec...

Herb Kelleher Southwest Airlines Howard Schultz Starbucks Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More Reed Hastings Netflix Richard Branson Virgin Group Mark Zuckerberg Facebook ...

The likelihood of becoming an entrepreneur increases with age due to the gained business experience in corporate job situations. F You can't start a business without serious venture capital. F Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 ...

ver-arching attributes of entrepreneurial setting -Failure -Resource scarcity -Value creation - how much value? -Valuation by means of negotiation -Asymmetric information -Decision making under uncertainty *Markets *Assets *Company stage (i.e., accomplishments) *Founder reputation ...