First mover advantages - Samenvattingen, Aantekeningen en Examens

Views of globalization (Chp 1.4) - 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - Location specific advantage = Abundance of strong market demand and cust...

Views of globalization (Chp 1.4) - -1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - -Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - -Location specific advantage = Abundance of strong market demand and c...

why is strategy not a zero-sum game? correct answers win-win scenarios - co-opetition (collaborative efforts among competitors for mutual gain) analysis-formulation-implementation (afi) strategy framework correct answers analysis - a diagnosis of the competitive challenge, which is accomplished through strategy analysis of the firm's internal and external environments; formulation - a guiding policy providing overarching approach that addresses the competitive challenge, and which is accompl...

Strategic Planning - Answer-Process of determining an organization's primary objectives and adopting courses of action that will achieve these objectives. Tactical Planning - Answer-Planning that guides the implementation of activities specified in the strategic plan. Mission - Answer-Essential purpose that differentiates one company from others. Marketing Strategy - Answer-Overall, company wide program for selecting a particular target market and then satisfying consumers in that market ...

WGU C712- Marketing Fundamentals Latest Version Already Graded A Planning Process of anticipating future events and conditions and of determining the best way to achieve organizational objectives. Marketing Planning Implementing planning activities devoted to achieving marketing objectives. Strategic Planning Process of determining an organization's primary objectives and adopting courses of action that will achieve these objectives. Tactical Planning Planning that guides the implementation ...

Competitve Advantage correct answers superior performance relative to other competitors in the same industry or industry average Sustainable Competitve Advantage correct answers a firm implements a value-creating strategy of which other companies are unable to duplicate the benefits or find it too costly to imitate - an important basis is the development of resources and capabilities Industry Effects correct answers The results attributed to the choice of industry in which to compete (20...

WGU C211 Study Guide Questions and Verified Solutions 2024 Views of globalization (Chp 1.4) - Answer -1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - Answer -Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seekin...

WGU C211 Global Econ Study Guide & Cohort Questions & Answers (Rated A+) WGU C211 Global Econ Study Guide & Cohort Questions & Answers (Rated A+) What different political views exist on Foreign Direct Investment FDI? - ANSWER - Radical View, Free Market View, Pragmatic Nationalism **answer includes radicalism** What is resource similarity and how does this impact competitive dynamics? - ANSWER - Extent to which a given competitor possesses strategic endowment comparable, in terms of bo...

WGU C211 - Global Economics for Managers Exam Questions and Answers 100% Pass Views on Globalization - Answer- New, Evolutionary, and Pendulum "New" view on globalization - Answer- A force sweeping through the world in recent times. "Evolutionary" view on globalization - Answer- A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - Answer- One that swings from one extreme to another from time to time Foreign Direct Investment - Answer-...

Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Location specific advantage of Natural resource—seeking Strategic goal - Possession of natural resources and related transport and communication infrastructure Location specific advantage of Market-seeking Strategic goal - Abundance of strong market demand and custom...