Bpl 5100 quiz 2 - Study guides, Class notes & Summaries

BPL 5100 Quiz 2 Exam Questions Marking Scheme Current Update How to overcome the five forces and achieve competitive advantage? - Answer -Porter's three generic strategies Porter's Three generic strategies - Answer -1. Overall Cost Leadership 2. Differentiation 3. Focus Overall Cost leadership involes - Answer -- aggressive construction of efficient scale facilities - vigorous pursuit of cost reductions from experience - tight cost and overhead control - avoidance of margina...

BPL 5100 Globus Quiz 1 Answers Part 2 (2024/25) complete solution, A+ work.

BPL 5100 Quiz 1 with Correct Answers what is an unrealized strategy? - Answer-parts of the *intended strategy* that become unrelized due to unforseen events what is a realized strategy - Answer-org decisoins are determined thorugh analyses and unforseen events how out plan worked out at the end emergent strategies - Answer-using those unforseen outcomes an integrating them into your corporate strategy what is a stakeholder? - Answer-any one inside or outside the company that can ...

BPL 5100 - Quiz 1 Exam Questions All Correct Answers Current Update what is strategic management? - Answer -the analyses, decisions, and actions an organization undertakes in order to create and sustain *competitive advantages* elaboarate: analyses, decisions and acitons taken during stratregic management - Answer -analyses: analyzing the strategic goals (vision, mission) decisions: what industries should we compete in? how should we compete in those industries? actions: implementing...

BPL 5100 - Quiz 1 | Latest Update | 2024/2025 | 100% Pass How does Porter's Five Forces model assist in industry analysis? Porter's Five Forces model analyzes five key areas (competitive rivalry, threat of new entrants, threat of substitutes, bargaining power of buyers, and bargaining power of suppliers) to assess the competitive intensity and profitability potential within an industry. Why is it important for a company to have a clearly defined mission statement? A mission ...

BPL 5100|Glo-bus Quiz 2 perfect questions and Answers.Exam (elaborations)

BPL 5100 QUIZ 2 To create a competitive edge companies need to focus on ________________ - Answer- customers' evolving wants and needs Porter's three generic strategies: - Answer- 1. Overall Cost Leadership 2. Differentiation 3. Focus Differentiation is perceived from the____________ - Answer- client/customer Differentiated goods are the opposite of__________ - Answer- luxury goods Luxury goods are only for__________. Differentiated goods are marketed to ____________ - Answer-...