CORRECT ANSWERS
Which of the following would be considered a complementor in the wireless
telecommunications industry? - CoRRect SoluTion Apple
The relationship between Sprint and T-Mobile is an example of what type of
relationship between established companies? - CoRRect SoluTion Rivalry
Which of the following best describes the stage of the wireless telecommunications
industry in the industry life cycle today? - CoRRect SoluTion c. The consolidation
of the industry around four dominant companies indicates maturity.
What force from the macroenvironment put a halt to the mergers and acquisitions
in the wireless telecommunications industry? - CoRRect SoluTion b. Political and
legal
What competitive edge did AT&T gain by signing a deal with Apple to be the
exclusive supplier of the iPhone for one year? - CoRRect SoluTion b. Brand
loyalty
New phones can be cost-prohibitive for customers. By offering customers the
option to pay for new devices in monthly installments, rather than having to pay
the cost up front and possibly face high interest rates on their credit cards, T-
Mobile was trying to counteract what force in the macroenvironment? - CoRRect
SoluTion Macroeconomic
Which of the following strategies in the wireless telecommunications industry
could best be positioned as a response to social forces in the macroenvironment? -
CoRRect SoluTion d. The offer by T-Mobile to save a family of four 50% in their
monthly payments
, As demonstrated by the merger wave that hit the wireless telecommunications
industry, only the largest firms can achieve the scale economies necessary to be
successful. A company can observe the success this strategy has on its industry by
studying the impact it has on limiting which of the competitive forces? - CoRRect
SoluTion a. Risk of entry
What indication is there that the current price war may be harming the wireless
telecommunications industry? - CoRRect SoluTion a. Both AT&T and Verizon
warned investors that profits might decline.
Now that the wireless telecommunications industry has matured and has entered a
price war, what can companies do to survive the shakeout? - CoRRect SoluTion a.
Minimize costs and build brand loyalty.
Organizational BehaviorEnsuring that things go well by monitoring performance
and taking corrective action when necessary is the managerial activity of: -
CoRRect SoluTion controlling
Which is a potential advantage of diversity within organizations? - CoRRect
SoluTion increased likelihood of groupthink in decision making
A highly cohesive group with low agreement with organizational goals will
probably: - CoRRect SoluTion contribute negatively to the achievement of
organizational effectiveness.
In hypothesis testing, if the null hypothesis is rejected, __________. - CoRRect
SoluTion the evidence supports the alternative hypothesis