100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
WPC 480 Chae Final Exam Questions and Answers $11.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. WPC 480
  4.  
  5. WPC 480

Exam (elaborations)

WPC 480 Chae Final Exam Questions and Answers
 8 views  0 purchase
  • Course
  • WPC 480
  • Institution
  • WPC 480

WPC 480 Chae Final Exam Questions and Answers

Preview 2 out of 12  pages

Document information

  • October 19, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • wpc 480 chae final exam questions and answers

Written for

  • WPC 480
  • WPC 480

Seller

avatar-seller
millyphilip

Reviews received

Content preview

WPC 480 Chae Final Exam Questions
and Answers

What iiis iiCorporate iistrategy? ii- iiAnswers ii-Actions iito iisustain/gain iicomp. iiadv. iiin
iiseveral iiindustries iiand iimarkets


Where iidoes iicorporate iistrategy iicompete? ii- iiAnswers ii-1)Industry iivalue iichain:
iivertical iiintegration
2)Product iiand iiservices: iidiversification
3)Geography ii(regional, iinational, iiglobal iimkts)

What iiis iiVertical iiintegration? ii- iiAnswers ii-Process iiwhere iiseveral iisteps iiin iiproduction
iiare iicontrolled iiand iiowned iiby iia iisingle iicompany


Forward iiIntegration ii- iiAnswers ii-ex) iipepsi iiconcentrate iicontrols iibottlers

Backwards iiintegration ii- iiAnswers ii-ex) iimanufacturer iicontrols iidesign iiprocess/area

Transaction iiCosts ii- iiAnswers ii-costs iiassociated iiwith iieconomic iichange

Internal iivs iiexternal

employees iipay, iibenefit, iioffice iispace iivs. iicontract, iisupervising iiperformance,
iinegotiating


Opportunism ii- iiAnswers ii-Willingly iitaking iiadv iiof iiothers ii(dishonesty)

threat iiof iiopp. iiis iihighest iiwhen iipaired iiwith iiasset iispecificity iiproblem

Asset iispecificity ii- iiAnswers ii-Unique iiassets iiwith iihigh iiopportunity iicost,
most iivalue iiin iifirst iiuse iithan iinext iibest iiuse.

Should iia iifirm iimake iior iibuy? ii- iiAnswers ii-C iiin iihouse ii< iiC iimarket= iivertical iiintegrate
Make ii> iiBuy ii=vertical iiintegrate, iino ii= iioutsource

Which iiis iian iiexample iiof iiinternal iitrans. iicost?

a. iipertaining iito iisetting iiup iia iifloor
b. iisearching iifor iisuitable iimanufacturer
c. iinegotiating iiprices iiwith iibusiness iiconsultant
d. iioutsourcing iipapyroll iimaintenance

, e. iibackward iivertical iiintegration ii- iiAnswers ii-A

T/F iiThreat iiof iiopportunism iiis iithe iileast iiwhen iia iiparty iito iian iiexchange iihas iimade
iitransaction-specific iiinvestments ii- iiAnswers ii-F


T/F iiFlexibility iiis iimost iivaluable iiwhen iithe iidecision-making iisetting iifaced iiby iia iifirm iiis
iiuncertain. ii- iiAnswers ii-T


T/F iiWhen iidepending iilargely iion iian iiinput iithat iiis iivalueable, iirare iiand iicostly iito
iiimitate, iiit iiis iioptimal iito iicarry iiout iithe iiexchange iion iithe iiopen iimarket ii- iiAnswers ii-F


T/F iiMAKE> iiBUY ii= iivertically iiintegrate ii- iiAnswers ii-T

Levels iiof iistrategy ii- iiAnswers ii-1. iiCorporate ii(where iito iicompete)
2. iiBusiness ii(how iito iicompete)
3. iiFunctional ii(how iito iiexecute)

Diversification ii- iiAnswers ii-Range iiof iiproducts iiand iiservice iia iifirm iishould iioffer

Types iiof iidiversification ii- iiAnswers ii--Single iibusiness. ii95, iiA
-Dominant iibusiness. ii70-95, iiAB
-Related iiconstrained. ii<70 iiABC
-Related iiLinked. ii<70 iiABCD
-Unrelated ii<70, iiA iiB iiC ii(separated)

Benefits iiof iidiversification ii- iiAnswers ii-Reduce iicosts iiand iiincrease iivalue, iieconomies
iiof iiscale iiand iiexploit iieconomies iiof iiscope iito iicreate iisynergy iiacross iibusiness


Operational iiEconomies iiof iiscope ii- iiAnswers ii-Shared iiactivities, iileveraging iicore
iicompetencies


Financial iieconomies iiof iiscope ii- iiAnswers ii-Internal iicapital iimarkets, iirestructuring

BCG iiMatrix ii- iiAnswers ii-growth iix iimkt iishare: ii?, iistar, iidog, iicow

Corporate iiDiversification iiand iiFirm iiperformance ii- iiAnswers ii-H/L ii= iiLower
iiperformance
Moderate= iihigher iifirm iiperformance

Rationale iibehind iirelated iidiversification iiis iito...

a. iilimit iilearning-curve iiand iiexperience-curve iieffect
b. iibenefit iifrom iieconomies iiof iiscale iiand iiscope
c. iiobtain iionly ii10% iiof iithe iirevenues iifrom iithe iiprimary iibusiness iiactivities
d. iiavoid iisharing iiresources iiand iicompetencies iiacross iidifferent iibusiness iilines ii-
iiAnswers ii-B

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller millyphilip. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.99
  • (0)
  Add to cart