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(WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review $12.49   Add to cart

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(WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review

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(WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review (WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review (WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review (WGU D081) BUS 2080 Innovative & Strategic Thinking - OA Review

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  • September 9, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
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D081 BUS 2080



Innovative & Strategic Thinking




OA REVIEW 1




© 2024/2025

,1. Which of the following is an essential component of strategic
thinking?
a) Focusing solely on short-term goals
b) Incorporating a broad perspective to anticipate future
challenges
c) Prioritizing operational efficiency over innovation
d) Avoiding stakeholder analysis
Answer: b) Incorporating a broad perspective to anticipate
future challenges
Rationale: Strategic thinking requires a long-term view and the
ability to foresee potential obstacles and opportunities.


2. What financial metric is most commonly used to evaluate the
effectiveness of an investment strategy?
a) Earnings per share (EPS)
b) Return on investment (ROI)
c) Price-to-earnings ratio (P/E)
d) Dividend yield
Answer: b) Return on investment (ROI)
© 2024/2025

, Rationale: ROI measures the gain or loss generated relative to
the invested amount, making it a crucial metric for investment
decision-making.


3. In the context of innovation, what does the term 'disruptive
technology' refer to?
a) Innovations that are incremental and improve existing
products
b) Technology that creates new markets and disrupts existing
industries
c) Technology that is only available to large enterprises
d) Innovations that are primarily software-based
Answer: b) Technology that creates new markets and
disrupts existing industries
Rationale: Disruptive technologies often start in niche markets
and eventually displace established competitors.


4. Which strategic framework aids organizations in analyzing their
internal and external environment?
a) SWOT analysis
b) PEST analysis
c) Porter's Five Forces
d) Balanced Scorecard

© 2024/2025

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