Hypercompetition - Study guides, Class notes & Summaries

WPC 480 midterm Exam Questions And Answers 100% Solved 2024/2025 All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - answerd Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching cost...

BSG Chapter 1 Exam Questions And Answers (Updated And Verified) Corporate level - answerbroadest and longest timeframe; answers what or which business are we going to compete in business level - answershorter timeframe narrower in scope; how are we going to compete in this industry functional level - answerdeal with specific functional areas in an organization (marketing, engineering, accounting) operational - answerday to day strategies strategic competitiveness - answerachieved when a...

WPC 480 midterm Exam Questions And Answers 100% Solved 2024/2025 All of the following were traditional sources of competitive advantage EXCEPT: a. labor costs. b. access to financial resources. c. protected markets. d. a highly educated labor market. - answerd Customer loyalty programs such as airline frequent flyer miles are an attempt to: a. decrease competitors' access to distribution channels. b. develop a cost advantage independent of scale. c. increase customers' switching cost...

Strategic Competitiveness correct answers is achieved when a firm successfully formulates and implements a value creating strategy strategy correct answers is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage above average returns correct answers are returns in excess of what an investor expects to earn from other investments with a similar amount of risk risk correct answers is an investors uncertainty ab...

WPC 480 Chapter 1 Exam Questions With 100% Correct Answers. Which of the following could be a definition of strategic competitiveness? The ability of a firm to outperform its rivals by forming and executing a strategy that creates value for its stakeholders The strategic management process is the: way that businesses formulate initiatives to create superior value for customers, then implement those initiatives to out-perform competitors. Which of the following describes a company th...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...

Corporate level broadest and longest timeframe; answers what or which business are we going to compete in Business level shorter timeframe narrower in scope; how are we going to compete in this industry Functional level deal with specific functional areas in an organization (marketing, engineering, accounting) Operational day to day strategies Strategic competitiveness achieved when a firm successfully formulates and implements a value creating strategy Competitive advantage your fi...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...

b An assumption of the industrial organization (I/O) model of above-average returns that supports the need for a firm to find the most attractive industry in which to compete is that: a. the external environment imposes pressures and constraints that determine the strategies that would result in above-average returns. b. firms possess the same types of resources with value and those resources are mobile across companies. c. differences in resources and capabilities are the basis of competi...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...