Michael porter - Study guides, Class notes & Summaries

FUNDAMENTAL ANALYSIS, ECONOMY ANALYSIS, Industry analysis, Michael Porter’s 5 Force Model, SEMICONDUCTOR INDUSTRY, Valuation of Stock, Company Analysis-Non Financial, SWOT ANALYSIS, FUNDAMENTAL ANALYSIS OF A COMPANY, Questions • Q1 : Tell 5 competitive forces of Michel Porter’s 5 force model. What is balance of payment?

Said: "Efficiency is doing things right; effectiveness is doing the right things". Correct Answer-Peter Drucker Said to be inventor(s) of public-private key encryption Correct Answer-Whitefield Diffie and Martin Hellman Works at CERN, developed HTTP and HTML protocols/languages Correct Answer-Tim Berners Lee Developed the Relational Database model Correct Answer-Edgar F. Codd Cracked German Enigma Codes. Proposed separating a computer's hardware from it's software Correct Answer-...

ACCOUNTING CFA Overview of Equity and Intro to Company and Industry Analysis |It’s a study guide solution with possible 2024 exam questions with explanation| Concordia University Question #1 of 73 An aggressive price reduction to gain market share is most likely to be associated with a: / A) service differentiation strategy. 6 B) cost leadership strategy. / C) product differentiation strategy. Explanation Michael Porter identified two competitive strategies: cost leadership and...

MNP2602 EXAM PACK 50+ QUESTIONS AND VERIFIED ANSWERS 2023 GRADED A+. Key Definitions: MCQs 1. Define the term ‘logistics management’. • The part of supply chain management that plans, implements and controls the efficient and effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption to meet customers’ requirements. It includes inbound, outbound, internal and external movements, and is relev...

Management Information Systems (MIS) : the management and use of information systems that help organizations achieve their strategies Information Technology (IT) : the products, methods, inventions, and standards that are used for the purpose of producing information. * IT pertains to: Hardware, Software, and Data Information Systems (IS) : an assembly of hardware, software, data, procedures, and people that produces information Five (5) Components : Hardware | Software | Data | Pr...

Mercantilism, as advocated in the 16th and 17th centuries, believed that countries should simultaneously encourage both imports and exports. ~~> False Largely discredited and primitive, mercantilism still influences the trade policies of many countries today. ~~> True Free trade refers to a situation where a government, through quotas or duties, attempts to influence what its citizens can buy from another country, or what they can produce and sell to another country. ~~> ...

BTMA Midterm Question and answers 100% correct 2023/2024Business Strategy - correct answer 1. Marketing Strategy 2. IT Strategy 3. Operations Strategy 4. Product Strategy Alignment - correct answer Michael Porter - #1 Purpose is ______ Simplified Value Chain - correct answer 1. Defining Value Chain 2. Capturing Cost Data 3. Controlling Cost 4. Cutting Buyers Cost 5. Determining Purchasing Criteria 6. Reconfiguring Value Chain Industry Analysis - correct answer 1. Competitive Fo...

Benchmarking The process of measuring the performance of an organization against external standards of reference that frequently come from similar organizations doing similar things. Corporate Governance The system of rules, practices and processes by which a company is directed and controlled. Enterprise Risk Management A strategic discipline that supports the achievement of an organization's objectives by addressing the full spectrum of its risk and managing the combined impa...

TOPIC ONE - Answer OPERATIONS Define the operations function - Answer refers to business processes that transform and add value to inputs to produce outputs, part of the value chain Define the operations process - Answer Inputs - Transformation - Outputs (More Value then Inputs) Define strategic role of operations management - Answer 'affecting all key business areas in the longer term' - meeting key objectives of profit maximisation and competitive advantage What is Michae...

barter - Answer the form of trade in which a good or service is traded for another good or service, as agreed upon by the people doing the trading. *first form of trade* cash exchanges - Answer a form of trade in which cash, a way to place an abstract value on a *product* or *service* that allows for relatively *easy exchanges*, is exchanged for a good or service. central places - Answer the idea by *Walter Christaller* in the 1930s that different types of stores tend to cluster into...