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SGMA 591 Chapter 3 Exam Questions And Accurate Answers Graded A+
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SGMA 591 Chapter 3 Exam Questions AndAccurate Answers Graded A+
Max Max Strategy SO - Answ Strategies that use strengths to maximize opportunities
Max Min Strategy ST - Answ Strategies that use strengths to minimize threats
WO Min Max strategy - Answ Strategies that minimize weaknesses by utilizing
opportunities
Min Min strategy - Answ Strategies that minimize weaknesses and also avoid threats
internal environment - Answer the relationship between strategy and the resources and
capabilities of the firm When external environment is subject to rapid change, internal
resources and capabilities offer a more secure basis for strategy than market focus
who faces difficulties in building new technological capabilities - Answer Companies that
when faced with radical technological change attempt to maintain their market focus
Kodak dominance in world market for photography
Abilities - Complement what a company can do essence of higher performance
resource - Does not give competitive advantage the productive assets of firm
organizational capabilities resoures? - Tangible intangible human
Tangible financial resources characteristics and indicators - Characteristics = borrowing
capacity, internal funds generation
, Indicator = debt equity ratio, credit rating, net cash flow
Physical tangible resources characteristics and indicators - Answer characteristics =
plant and equipment, size location technology flexibility, land and buildings raw material
indicators = market value of fixed assets, scale of plants, alternative use for fixed assets
Intangible resources tech characteristics and indicators - Answer c: patent copyrights
know how r and d facilities technical and scientific employees
indicators= number of patents owned royalty income rand d expenditure r and d staff
Intangible reputation characteristics and indicators - Answerc: brands customer loyalty
company reputation with suppliers customers and goernment
i: brand equity customer retention, supplier loylty
HR characteristics and indicators - AnswercTraining experience adaptability commitment
and loyalty of employees
indicators= employee qualifications, pay rates, turnover
tangible resources - Answercfinancial and physical
Intangible resources are more valuable than tangible because - Answer they are rooted
deeply in the firm's history and have built up over time remain largely invisible in financial
statements, which causes large and growing divergence between companies' balance
sheet valuations ('book values') and their stock market valuation
Intangible resources - Answer reputation, tech
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