Wpc 480 final exam 2023 Study guides, Class notes & Summaries

Corporate Strategy The decisions & actions taken to gain & sustain competitive advantage in several industries and markets simultaneously What does corporate strategy address? Where to compete on 3 dimensions: Industry value chain: vertical integration Products & services: diversification Geography: regional, national, or global markets Vertical Integration The process in which several steps in the production and/or distribution of a product or service are controlled an...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...

Mergers two firms agree to integrate their operations on a relatively co-equal basis Acquisitions: Horizontal, Vertical, Related and Cross-Border one firm buys a controlling interest in another firm with the intent of making the acquired firm a subsidiary Takeovers special type of acquisition the target firm did not solicit the acquiring firm's bid Due Diligence checking all the facts Reasons for Acquisitions increased market power overcoming entry barrier...

Corporate Strategy The decisions and actions taken to gain and sustain competitive advantage in several industries and markets simultaneously Corporate Strategy addresses where to compete along what 3 dimensions? Industry Value Chain through vertical integration Product and Services through diversification Geography through regional, national, or global markets Vertical Integration The process in which several steps in the production and/or distribution of a product or ser...

corporate strategy The decisions & actions taken to gain & sustain competitive advantage in several industries and markets simultaneously addresses where to compete along 3 dimensions (industry value chain, products/services, geography) vertical integration the process in which several steps in the product and/or distribution of product are controlled and owned by a single company or entity, in order to increase that company's power in the marketplace -expanding into other activi...

WPC 480 Final Exam Study Guide 2023 Graded A+ WPC 480 Final Exam Study Guide 2023 Graded A+ WPC 480 Final Exam Study Guide 2023 Graded A+

Corporate Level Strategy specifies actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets. (Helps companies to select new strategic positions that are expected to increase the firm's value.) Single-business diversification strategy corporate level strategy wherein the firm generates 95% or more of its sales revenue from its core business area. Dominant-business diversification strategy...

WPC 480 Final Exam 2023 Actual Questions and Answers Complete What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Com...

Corporate Strategy decisions and actions taken to gain and sustain competitive advantage in several industries and markets simultaneously Corporate Strategy addresses where to compete in 3 dimensions: industry value chain: vertical integration Products and services: diversification Geography: markets Vertical Integration several steps in productions or distribution of a product or service are controlled and owned by a single company in order to increase the company's power in...

Lillypad Toys is a manufacturer of educational toys for children. Six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. Three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. What should Lillypad's managers prepare for next? a) a prolonged period of uncontested succ...