Mba 705 - Study guides, Class notes & Summaries

MBA 705 CH 12 Questions and Answers 1. Strategic control consists of determining the extent to which the organization's strategies are consistent with those of the firm's closest competitors. a. True b. False - Correct Answer ️️ -B 2. Without strategic control, there are no clear benchmarks and ultimately no reliable measurements of how the company is doing. a. True b. False - Correct Answer ️️ -A 3. Top management uses strategic control to maintain proper alignment between th...

MBA 705 - Chapter 1 – Wyatt Questions and Answers CEO duality - Correct Answer ️️ -A situation in which the CEO also serves as the chair of the board Comparative Advantage: - Correct Answer ️️ -The idea that certain products may be produced more cheaply or at a higher quality in particular countries due to advantages in labor costs or technology. Competitive Advantage - Correct Answer ️️ -A state whereby a business unit's successful strategies cannot be easily duplicated b...

MBA 705 CH 2&3 Verified Answers False T/F external environment analysis includes an examination of industry forces False T/F External environment analysis should first occure from the perspective oft he organization True T/F Firms operating in mulitple distinct markets may be affected in different ways by macroenvironment forces in each market false T/F Macroenviroment forces are assessed in terms of their direct effects on a particular firm False T/F Economic forces include such fac...

Brand Manager: - ANSWER-The project manager in P&G's version of the matrix structure. Centralization: - ANSWER-An organizational decision-making approach with most strategic and operating decisions made by managers at the top of the organization structure (at corporate headquarters). Corporate Restructuring: - ANSWER-A change in the organization's structure to improve efficiency and firm performance, including such activities as realigning divisions in the firm, reducing the amount of c...

MBA 705 Exam 3 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

MBA 705 - Module 2 Questions and Answers industry - Correct Answer ️️ -a group of companies that produce competing products or services critical success factors (csf) - Correct Answer ️️ -elements of the strategy that promote (but do not guarantee) success within a given industry; often shared by rivals primary industry - Correct Answer ️️ -consists of a firm's most direct competitors secondary industry - Correct Answer ️️ -consists of a firm's less direct rivals Outside...

MBA 705 MINSUN KIM EXAM 4 QUESTIONS AND ANSWERS 2024

MBA 705 - Exam 1 Already Graded A+ Mission ️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 ️refers to top management's plans to develop and sustain competitive advantage so that the organization's mission is fulfilled. Competitive advantage ️is a state whereby a firm's successful strategies cannot be easily duplicated by its competitors. Maintaining a sus...

Brand Manager: - ANSWER-The project manager in P&G's version of the matrix structure. Centralization: - ANSWER-An organizational decision-making approach with most strategic and operating decisions made by managers at the top of the organization structure (at corporate headquarters). Corporate Restructuring: - ANSWER-A change in the organization's structure to improve efficiency and firm performance, including such activities as realigning divisions in the firm, reducing the amount of c...

Latest MBA 705 - Exam 1 with 100% Correct Answers Mission *Ans* 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 *Ans* refers to top management's plans to develop and sustain competitive advantage so that the organization's mission is fulfilled. Competitive advantage *Ans* is a state whereby a firm's successful strategies cannot be easily duplicated by its competi...