Mba 705 - Study guides, Class notes & Summaries

MBA 705 CH 8&9 Questions and Answers Capital-Labor Substitution - Correct Answer ️️ -An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve - Correct Answer ️️ -The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies - ...

MBA 705 - Exam 1 Questions And Revised Correct Answers | Guarantee Pass!! Mission - ANSWER : is a broadly defined but enduring statement of purpose that identifies the scope of an organization's operations and its offerings to the various stakeholders Strategy - ANSWER : refers to top management's plans to develop and sustain competitive advantage so that the organization's mission is fulfilled. Competitive advantage - ANSWER : is a state whereby a firm's successful strategi...

MBA 705: Exam 3 Questions and Answers Capital-Labor Substitution: - Correct Answer ️️ -An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve: - Correct Answer ️️ -ncreases. Experience Curve: The reduction in per-unit costs that occur as an organization gains experience producing a product or service. Functional Strategies: - Correct Answer ️️ -The strategies pursued by each functional area of a business unit, such as...

MBA - 706 Darrat (Exam 1) Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

MBA 705 Module 3 Quiz (Ch 4 & 5) with 100% Correct Solutions Objectives are specific, often quantified, versions of goals. True or False? - Correct Answer ️️ -True Goals are verifiable and specific, and are developed so that management can measure performance. True or False? - Correct Answer ️️ -False Creditors and suppliers typically share the same goals for the organization. True or False? - Correct Answer ️️ -False Social responsibility refers to an individual's responsi...

MBA 705 - Final Exam Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

MBA 705 LSUS Mclaughlin exam 1 2024 Questions and Answers Blockholders - Correct Answer ️️ -Large shareholders who monitor firm strategies to ensure effective management. business model - Correct Answer ️️ -The economic mechanism by which a business hopes to sell its goods or services and generate a profit. CEO duality - Correct Answer ️️ -A situation in which an individual holds both the CEO and chair of the board title competitive advantage - Correct Answer ️️ -A state ...

MBA 705 - Final Exam with complete solution

MBA 705 CH 8&9 Graded A+ Capital-Labor Substitution ️An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve ️The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies ️The strategies pursued by each functional area of ...

MBA 705 CH1 Questions and Answers True - Correct Answer ️️ -True or False: Strategy refers primarily to activities at the top level of the organization False - Correct Answer ️️ -True or false: Managers who are too busy to engage in strategic planning should wait until they have more free time in their schedules comparative advantage - Correct Answer ️️ -idea that certain products may be produced more cheaply or at a higher quality in particular countries due to advantages in ...