WPC 470 FINAL EXAM NEWEST 2024-
2025 EXAM ACTUAL EXAM COMPLETE
400 Questions AND CORRECT DETAILED
ANSWERS| ALREADY PASSED
TamBoats makes small, personal submarines. Another
firm created an innovative tool that can be stored in a
small space. Which of the following can TamBoats use to
quickly develop its own tool with similar characteristics?
a.Review its own products.
b.Establish a competitive advantage.
c.Research.
d.Reverse engineer the product Correct Answer reverse
engineer the product
Which of the following companies simultaneously creates
economies of scope through both operational and
corporate relatedness?
a.Procter & Gamble
b.Amazon
c.Virgin Group
d.Honda Correct Answer Amazon
What is a critical element for developing and managing
technology-based capabilities while using strategic
alliances?
a.Establishing proper rollout procedures for the technology
between partners
,b.Establishing profit performance measures between
partners
c.Establishing trust between partners
d.Flowcharting the new technology between partners
Correct Answer Establishing trust between partners
Which of the following statements about a global strategy
is true?
a.The global strategy offers fewer opportunities to take
innovations developed at the corporate level and apply
them in other markets.
b.Compared to a multidomestic strategy, the global
strategy seeks greater levels of standardization of
products across country markets.
c.The global strategy is difficult to use because of its
conflicting goals.
d.A global strategy is most appropriate for use when the
differences between the markets a firm serves and the
customers in them are significant. Correct Answer
Compared to a multidomestic strategy, the global strategy
seeks greater levels of standardization of products across
country markets.
Acquisitions made between companies with headquarters
in different countries are called _____ acquisitions.
a.cross-border
b.transglobal
c.vertical nation
d.cross-cultural Correct Answer cross-border
,A _____ specifies actions a firm takes to gain a
competitive advantage by selecting and managing a group
of different businesses competing in different product
markets.
a.competitor analysis
b.competitive response
c.corporate-level strategy
d.competitive rivalry Correct Answer corporate-level
strategy
Poole Company recently acquired Carroll Inc. The two
firms did not have identical assets, but they are
complementary in unique ways. This makes it possible for
them to generate:
a.private synergy.
b.overdiversification.
c.resource slack.
d.due diligence. Correct Answer Private synergy
_____ integration exists when a company owns its own
source of output distribution.
a.Backward
b.Forward
c.Sideways
d.Horizontal Correct Answer forward
Of the five entry modes, which is often the quickest means
for firms to enter international markets?
a.Licensing
b.Strategic alliance
c.Exporting
, d.Acquisition Correct Answer acquisition
_____ refers to the absence of direct links between
businesses.
a.Linkless
b.Unrelated
c.Unconstrained
d.Low-level Correct Answer unrelated
Which of the following statements regarding the allocation
of capital is true?
a.External investors receive full information regarding
current performance and future prospects of a business.
b.Businesses seeking capital are not required to provide
information to potential suppliers.
c.External sources of capital have a limited ability to
understand the operational dynamics within large
organizations
d.External shareholders have access to information and
therefore receive full and complete disclosure. Correct
Answer External sources of capital have a limited ability to
understand the operational dynamics within large
organizations
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