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WPC 480 M1-M13 Exam Questions and Answers
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WPC 480 M1-M13 Exam Questions and Answers
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WPC 480: M1-M13 Exam Questions andAnswers
The iipurpose iiof iistrategy iiin iibusiness iiis iito iido iiwhat?
To iicreate iiand iiprovide iithe iibusiness iiwith iisustainable iicompetitive iiadvantage
The iidifference iibetween iistrategic iidecisions iiand iitactical iidecisions iiis iione iiof
iidegree. iiThe iicharacteristics iithat iidifferentiate iibetween iia iistrategic iidecision
iiand iia iitactical iidecision iiis iibased iion iiwhich iiof iithe iifollowing.
Amount iiof iiavailable iiresources iiconsumed iiby iithe iidecision, iiAbility iito iireverse
iithe iidecision iiand iiTemporal iiimplication iiconsequences iiof iithe iidecision
In iiorder iito iiunderstand iithe iitrue iinature iiof iithe iineed iior iiproblem iiwe iiare
iiaddressing iias iia iibusiness iithe iifirst iiquestion iiwe iineed iito iianswer iiis iiwhich iione
iiof iithe iifollowing:
What iiBusiness iiare iiwe ii(really) iiin?
The iimost iisimple iiway iiin iiwhich iito iicraft iia iiVision iiStatement iiand iia iiMission
iiStatement iiare iito iiuse iiwhich iiwords?
For iia iiVision iiStatement iithe iiwords ii"to iibe" iiand iifor iia iiMission iiStatement iithe
iiword ii"by"
The iimetaphor iiused iifor iicompetitive iiadvantage iiis iia iicastle's iimoat. iiThe
iimetaphorical iimanagerial iiimperative iiis iito iihave iithe iimoat iiboth iideep iiand
iiwide. iiWhat iiis iithe iimost iisustainable iiway iilisted iibelow iito iiachieve iia iideep iiand
iiwide iimoat?
A iicompany's iipatents
The iibasic iiassumption iiof ii"Tone-at-the-Top" iias iia iileadership iiconcept iiis iibest
iirepresented iiby iiwhich iione iiof iithe iifollowing iistatements?
, That iiit iirepresents iithe iiethical iiatmosphere iicreated iiin iithe iiworkplace iiby
iileadership
Strategic iiplanning iimethodologies iihave iievolved iifrom iithe iitraditional iisequential
iiplanning iiprocess iithat iiassumed iia iistable iiand iibenign iienvironment iito iithose
iithat iiare iimore iiadaptive iito iiturbulent iiplanning iienvironments. iiWhich iitwo iiof
iithe iifollowing iiare iiamong iithese iimore iirecent iistrategic iiplanning iimethodologies
iithat iiare iimore iiappropriate iifor iitoday's iiturbulent iibusiness iioperating
iienvironment?
Scenario iiplanning iiand iiFuture iibackwards iiplanning
The iipurpose iiof iiany iiorganization iiis iito iido iiwhich iione iiof iithe iifollowing?
Create iivalue iifor iiits iistakeholders
There iiare iiseveral iistakeholder iianalysis iiframeworks. iiOne iiof iithese, iithe iisalience
iistakeholder iianalysis iimodel, iiis iibased iion iithree iiattributes. iiWhich iiof iithe iibelow
iiare iithe iithree iisalience iimodel iiattributes?
Power, iiLegitimacy iiand iiUrgency
Stakeholder iimanagement iiis iian iiart. iiThe iimost iisuccessful iiapproach iito
iioptimizing iivalue iifor iiall iistakeholders iicomes iithrough iiwhich iione iiof iithe
iifollowing iiapproaches?
Partnering
PESTEL iianalysis iiis iia iiuseful iitool iifor iigrouping iithe iivarious iiinfluences iicoming
iifrom iian iiorganization's iiexternal iienvironment. iiThe iiacronym iiPESTEL iirefers iito
iithe iiPolitical, iiEcological, iiSocial, iiTechnological, iiEnvironmental iiand iiLegal
iienvironments. iiIt iithis iilast iistatement iitrue iior iifalse?
False
Porter's iifive iiforces iiconsist iiof iifive iielements ii- iiThreat iiof iiNew iiEntrants,
iiBargaining iiPower iiof iiCustomers/Buyers, iiBargaining iiPower iiof iiSuppliers, iiThreat
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