Benchmark competitors - Study guides, Class notes & Summaries

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. What is sustainable...

WGU C236 OA Questions and Answers Already Passed Which two approaches apply to internal reward alignment? Job-based approach Individual-based approach Which provision applies if a job is covered by the Fair Labor Standards Act? Employees who work more than 40 hours in a week must be paid time and a half for each hour they work over the 40 hours. What is the relationship among laws regarding pay? The benefit to employees dictates which law is followed. What is merit pay? Annual increase based ...

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

C236 WGU Exam Questions with Correct Answers Absolute Level - Answer-The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - Answer-Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Answer-Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Answer-Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Answer-Exi...

C236 WGU Exam Questions with Correct Answers Absolute Level - Answer-The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - Answer-Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Answer-Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Answer-Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Answer-Exist...

BADM 535 Exam 1 Study Guide with 100%Verified Answers. Marketing Management Exam 1 Study Guide The task of any business is to ________. A) create customer needs B) differentiate in terms of cost of production C) deliver customer value at a profit D) reduce competition E) communicate similar value as provided by competitors Page: 33 C 2 What is the traditional view of marketing? A) Firms should just focus on production because if the products are good then they will automatically se...

FIN202 FULL EXAM QUESTIONS AND ANSWERS | LATEST UPDATE | 2024/2025 | ALREADY PASSED 30. Anyone analyzing a firm's financial statements should A) use audited financial statements only. B) do a trend analysis. C) perform a benchmark analysis. D) All of the above. D 30. Your uncle, who has a second home in Bethany Beach, Delaware, is planning to sell it in the next few weeks. You are interested in buying this beachside property, so your agent negotiates a price for the house with you...

WGU C236 Compensation and Benefits, Full Exam Review Quizzes. Graded A+ Absolute Level The reward can be defined. Paying an employee $50,000 salary per year, for example, is a defining absolute level. Administrative Pertaining to the activities of running an organization or a business. Anchored Rating Scale Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy Giving employees discretion in choosing what to do and how to do it. Bad Data Cha...

WPC 480 Final Exam Questions & Answers 2023/2024 What is strategy? - ANSWER-An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? - ANSWER-Internal and External. What are the 3 business strategies? - ANSWER-1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? - ANSWER-Superior performance relative to other competitors in the same industry or the industry average. How do you asses...

WGU C202 Managing Human Capital All Exam: Questions and Answers (2024/2025) (Verified Answers by Expert) Assured A+. 1. Direct financial compensation - compensation received in the form of salary, wages, commissions, stock options or bonuses 2. indirect financial compensation - all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance 3. nonfinancial compensation - rewards and incentives given to em...