Tentamen (uitwerkingen)
Midterm 2024 strategy & organization
- Instelling
- Universiteit Van Amsterdam (UvA)
This is a (mock) test for strategy & organization
[Meer zien]Voorbeeld 2 van de 7 pagina's
Voorbeeld 2 van de 7 pagina's
In winkelwagengesponsord bericht van onze partner
Gekoppeld boek
Titel boek:
Auteur(s):
- Uitgave:
- ISBN:
- Druk:
Verkoper
Volgen
Voorbeeld van de inhoud
MIDTERM 2024STRATEGY & ORGANISATION
1 Which of the following statements is MOST consistent with the I/O view?
Performance of a firm is most directly attributable to:
A the power of the financial market stakeholders.
B the resources the firm possesses.
C the underlying structural characteristics of the industry in which the firm competes.
D hypercompetition within the industry.
2 The goal of the organization's __________ is to point the firm in the direction of
where it would like to be in the years to come.
A vision
B mission
C culture
D strategy
3 Organizational stakeholders are usually satisfied when:
A their return on investment has been maximized.
B customers pay the highest sustainable price for the goods and services they receive.
C companies provide a dynamic, stimulating, and rewarding work environment.
D companies are paying the highest prices to suppliers.
4 All of the following are assumptions of the resource-based model EXCEPT:
A firms acquire different resources and develop unique capabilities based on how they
combine and use resources.
B firms' performances across time are due primarily to their unique resources and
capabilities rather than the industry's structural characteristics.
C resources and capabilities are highly mobile across firms.
D differences in resources and capabilities are the basis of competitive advantage.
5 An analysis of society's attitudes and values would be conducted when studying the
__________ segment of the general environment.
A sociocultural
B global
C demographic
D economic
6 When rival firms compete aggressively by trying to attract competitors' customers,
this might be an indication of:
A an industry with exit barriers.
B a threat of forward integration.
C All answers are correct.
D high switching costs.
, 7 As customers come to believe that a firm's product is unique, this allows the firm to:
A decreases its advertising expenditures.
B customize its product.
C force other companies out of the market by lowering prices.
D obtain loyal customers.
8 Which of the following is NOT an entry barrier to an industry?
A expected competitor retaliation
B economies of scale
C customer product loyalty
D bargaining power of suppliers
9 For a restaurant business dependent on drive-thru customers, the most relevant
cost disadvantage independent of scale would be if:
A favorable locations are not available.
B other competitors have proprietary product technology.
C access to food and ingredients is difficult.
D other competitors have government subsidies.
10 Firms within strategic groups:
A follow dissimilar strategies.
B follow similar strategies across certain dimensions.
C typically engage in greater intergroup rivalry than intragroup rivalry.
D exist almost exclusively in the manufacturing sector.
11 All of the following are tangible resources EXCEPT:
A patents
B distribution centers
C a firm's reputation
D formal reporting structures
12 Consider the criteria necessary for sustainable competitive advantage. Which of
the following combinations would most likely bring about a temporary competitive
advantage and the possibility for above-average returns?
A Valuable, rare, not costly to imitate, and possibly substitutable
B Valuable, rare, costly to imitate, and possibly substitutable.
C Valuable, not rare, not costly to imitate, and possibly substitutable.
D Valuable, not rare, costly to imitate, and substitutable.
13 Which of the following would be categorized as a value chain activity?
A Hiring new employees.
B Securing financial capital.
C Investing in a new management information system.
D Conducting customer feedback surveys.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper matlam1. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €5,39. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 82956 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen