Ikea - Samenvattingen, Aantekeningen en Examens

MGMT 498 EXAM QUESTIONS WITH 100% CORRECT ANSWERS Since expanding internationally, IKEA has shifted focus, concentrating on effectively managing a global supply chain in order to achieve economies of scale. This is reflective of a(n) ______ strategy. - answerglobal-standardization Which of the following have helped make globalization possible? (Check all that apply.) - answerReductions in transportation costs Falling trade barriers Advances in telecommunications In order for a company t...

MGMT 498 EXAM QUESTIONS WITH 100% CORRECT ANSWERS Since expanding internationally, IKEA has shifted focus, concentrating on effectively managing a global supply chain in order to achieve economies of scale. This is reflective of a(n) ______ strategy. - answerglobal-standardization Which of the following have helped make globalization possible? (Check all that apply.) - answerReductions in transportation costs Falling trade barriers Advances in telecommunications In order for a company t...

Competitors (*Chapter 6*) correct answers Firms operating in the same market, offering similar products and targeting similar customers. Competitive Rivalry correct answers Ongoing set of competitive actions and competitive responses occurring between *two competitors* as they contend with each other for an advantageous market position (Coke vs. Pepsi). Competitive Dynamics correct answers Total set of actions and responses of all firms competing within a market. Significant commitment of ...

Strategy examples from the video shown in class? correct answers Be the low-cost provider Pursue a global strategy Unravel competition * ^ not strategies at all (strategy is merely a buzz word) Stratego correct answers the art of the general ("the art of war" specific to the general) *the goal is to win* A strategic business strategy is to correct answers develop a series of complex tactics Good strategy answers these questions: correct answers 1. Where do we compete? 2. What uni...

MGT 103 BATES MIDTERM questions and answers 100% correct marketing started production based; engineers the activity, set of institutions, and processes for creating, communicating, deliver- ing, and exchanging offerings that have value for customers, clients, partners, and society at large Eras of marketing 1. production 2. sales era 3. marketing concept era 4. customer relationship era need precedes a want; underlying necessity -basic physical and psychological needs ...

cost leadership strategy - ️️an integrated set of actions taken to produce goods or services with features that are acceptable to customers at the lowest cost, relative to that of competitors - must include features or services buyers consider essential -cost advantage must be difficult to imitate to earn profits, low cost strategy has two options: - ️️- Use lower cost advantage to under- price rivals and attract greater number of buyers to increase revenues - Maintain market pric...

BMGT 364 Week 2 Quiz Exam Questions With Verified Answers THEME ONE PLANNING What is planning? The initial step that guides and informs all the others. process of setting goals and defining the actions required to achieve the goals Starts w/ clarity of purpose and goals formalized in the org's vision, mission, and values statements. Vision statement States overarching aspirations of what an org hopes to achieve or become DOES NOT provide specific targets A broad description of the v...

MAR3231 Exam 2 Questions And Answers 100% Verified Destination Retailer - answer-Combination of price-orientated, cost-efficient, exclusive merchandise, superior customer service. -People will drive long distance. -Ex: Trader Joes, Ikea, Bass Pro Shop -Hopkins Ex: American Girl Store. The Wheel of Retailing - answer-Describes how retailers capture market share and create brand value. Ex: Kmart Low-end strategy - answer-Low prices. -Limited Facilities. -Price-sensitive consumer. Medi...

MGMT 498 EXAM QUESTIONS WITH 100% CORRECT ANSWERS Since expanding internationally, IKEA has shifted focus, concentrating on effectively managing a global supply chain in order to achieve economies of scale. This is reflective of a(n) ______ strategy. - answerglobal-standardization Which of the following have helped make globalization possible? (Check all that apply.) - answerReductions in transportation costs Falling trade barriers Advances in telecommunications In order for a company t...

BMGT 364 Week 2 Quiz Exam Questions With Verified Answers THEME ONE PLANNING What is planning? The initial step that guides and informs all the others. process of setting goals and defining the actions required to achieve the goals Starts w/ clarity of purpose and goals formalized in the org's vision, mission, and values statements. Vision statement States overarching aspirations of what an org hopes to achieve or become DOES NOT provide specific targets A broad description of the v...