Vrio analysis - Samenvattingen, Aantekeningen en Examens
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WPC 480 (FINAL) Complete Questions And Answers 100% Solved
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WPC 480 (FINAL) Complete Questions And 
Answers 100% Solved 
Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest 
profits ever. What can you assess about Ackbar's strategic competitive advantage? - 
answerCan assess nothing about competitive advantage. 
Firms that outperform all their competitors must have a high quality strategy. - answerFalse 
It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even 
tho...
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BCOR 2304 Final Exam Questions and Answers Already Passed
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BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors 
strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole 
competitive parity two or more firms perform at the same level 
strategic positioning position in industry that allows firms to provide value to customers, while controlling costs 
mission r...
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HRM Midterm Exam with Questions and Answers
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HRM Midterm Exam with Questions and Answers 
 
HRM is managing.... ANSWER ....human talent 
 
HRM activities are..... ANSWER .... planning, attracting, motivating, and developing 
 
Challenges in organization are.... ANSWER .... economic, technological, demographic, cultural, and legal 
 
Porters five forces model.... ANSWER -new entrants 
-substitutes 
-bargaining power of customers 
-bargaining power of suppliers 
-rivarly among firms 
 
For internal analysis you use.... ANSWER ..... VRIO 
 
V...
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COB 487 Test 1 Review (with Accurate Answers)
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Define Industry correct answers group of producers of close substitutes 
 
Define Strategic Planning correct answers attempt to systematically examine the internal abilities of an organization and its external environment. 
 
Define SWOT correct answers Strengths, Weaknesses, Opportunities & Threats 
 
Regarding strategic planning, what does the question, "what do you want to accomplish?" relate to? correct answers missions & goals 
 
Regarding strategic planning, what does the question, "wha...
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J306 Test 1 Questions & Correct Answers | Grade A+
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Strategy 
: The central integrated, externally oriented concept of how we will achieve our 
objectives; how an organization faced with competition will achieve superior performance 
Competitive advantage 
: conditions that allow a company to produce a product or service at a lower price or in a 
more desirable fashion 
Emergent vs Intended Strategy 
: The strategic management process leads managers to intended strategies, however 
conditions often change or new information becomes available -...
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WPC 480 WITH 100% CORRECT ANSWERS ALREADY GRADED A+.
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Strategic Management 
the integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. 
 
 
 
Strategy 
set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. 
 
 
 
Three things for good strategy 
1. diagnosis of competitive challenge 
2. guiding policy to address competitive challenge 
3. A set of coherent actions to implement the firm's guiding policy. 
 
 
 
competitive advan...
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Business Strategy Mid-Term Exam Questions And Complete Verified Answers 2024.
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mission, objectives, external & internal analysis, strategic choice, strategy implementation, and competitive advantage - Answer Strategic Management Process: components in order 
 
Mission - Answer Defines the organization's purpose or reason for existence. Guides each step of the process. 
 
Objectives - Answer concrete and clear in action and/or target. Precise and measurable. 
 
External Analysis - Answer identify environmental opportunities and threats (SWOT) 
 
internal analys...
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WPC 480 Midterm Exam Questions with Complete Solutions
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The relative bargaining power of suppliers is high when incumbent firms face low switching costs when changing suppliers. 
 
A. True 
B. False - Answer-False 
 
According to the internal value chain analysis, which of the following is a primary activity? 
 
A. Research and Development 
B. Supply Chain Mgt 
C. Accounting 
D. Human Resources - Answer-Supply Chain Mgt 
 
_______________________ is best described as the difference between the value a consumer attaches to a good and the cost to provi...
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WPC 480 Midterm Exam Questions And Answers 100% Solved 2024/2025
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WPC 480 Midterm Exam Questions And 
Answers 100% Solved 2024/2025 
The relative bargaining power of suppliers is high when incumbent firms face low switching 
costs when changing suppliers. 
A. True 
B. False - answerFalse 
According to the internal value chain analysis, which of the following is a primary activity? 
A. Research and Development 
B. Supply Chain Mgt 
C. Accounting 
D. Human Resources - answerSupply Chain Mgt 
_______________________ is best described as the difference between the...
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COB 487 Test 1 Review (with Accurate Answers)
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Define Industry correct answers group of producers of close substitutes 
 
Define Strategic Planning correct answers attempt to systematically examine the internal abilities of an organization and its external environment. 
 
Define SWOT correct answers Strengths, Weaknesses, Opportunities & Threats 
 
Regarding strategic planning, what does the question, "what do you want to accomplish?" relate to? correct answers missions & goals 
 
Regarding strategic planning, what does the question, "wha...
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