Hypercompetition Study guides, Class notes & Summaries

Strategic competitiveness Answer- Achieved when a firm successfully formulates and implements a value creating strategy Strategy Answer- An integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive advantage Answer- A strategy that creates superior value for customers and that competitors are unable to duplicate or find it too costly to try to immitate Above Answer- average returns - Returns in excess of wha...

McDonald's has been able to a. earn above-average returns. b. achieve strategic competitiveness. c. use the strategic management process. A firm has achieved __________ when it successfully formulates and implements a value-creating strategy. a. strategic competitiveness A competitive advantage c. can be identified only if it has been unsuccessfully challenged by competitors. Above-average returns are d. returns in excess of what an investor expects to earn from other investments...

Strategic Management Test #1 Strategic Competitiveness - Answer-is achieved when a firm successfully formulates and implements a value-creating strategy Strategy - Answer-is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive advantage - Answer-when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate Ab...

The _____________framework suggests that the speed and aggressiveness of the moves and countermoves in any given market create an environment in which advantages are "rapidly created and eroded" hypercompetition The managerial lever framework includes organization, control, and _______________. culture 00:31 00:54 A clear and compelling statement that unifies an organization's efforts and describes what the organization is all about is called its ______________ mission ...

WPC 480 MIDTERM Exam Review Questions and answers, RATED Strategic Competitiveness achieved when a firm successfully formulates and implements a value-creating strategy Strategy integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above av...

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...

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...

Strategic Competitiveness correct answers achieved when a firm successfully formulates and implements a value-creating strategy Strategy correct answers integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage correct answers when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above average returns...

HRM3704 PAST EXAM PAPERS. Contemporary Issues In Human Resource Management. Discuss strategies for dealing with the 'war for talent' from a human capital/resource based perspective: Human capital perspective - links investment in the organization’s key asset, (its employees), to increased productivity and sustained competitive advantage. The strategic aspect is the longterm enhancement of the firm's resource base by linking employee skill development with retention through training and ...

strategic competitiveness - Answer- achieved when a firm successfully formulates and implements a value-creating strategy strategy - Answer- an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain competitive advantage competitive advantage - Answer- when a firm implements a strategy that creates superior value for customers and that competitors are unable to duplicate or find it too costly to try to imitate above-average returns - Ans...